Host and distributor audioBoom posted its mid-year financial report with results for the six months ending May 31. Revenue rose 460% over the year-ago period to more than £1.84 million. CEO Rob Proctor added some insight to the numbers. Continue Reading
In 2016 the RAIN Internet Radio Awards celebrate their 7th year as the most prestigious celebration of excellence in the online audio industry. Click through for categories, and the submission link. It’s easy, and it’s free. Continue Reading
Congress is preparing to address the topic of royalties for pre-1972 recordings, a move that sparked positive response from several music industry players. Rep. Darrell Issa (R-Calif.) and Rep. Jerrold Nadler (D-N.Y.) introduced the CLASSICS Act to establish royalty payments for the creators of music recorded prior to the advent of federal copyright laws in 1972. Representatives from SoundExchange, the RIAA, and Pandora have all reacted favorably toward this proposal. Continue Reading
PodcastOne has launched a new mobile app that includes interactive features in social and video alongside its audio programming. Listeners can tune into their shows and engage with them in new ways, such as viewing behind-the-scenes photos, taking polls, and messaging other fans. The app also introduces a virtual currency for its loyalty program. Continue Reading
Edison Research has posted a new report titled The Podcast Consumer Australia 2017. The new geographic focus of the survey offers analysis not just of that market, but also provides comparisons with the U.S. podcast audience data from the Podcast Consumer report released earlier this year. The research was sponsored by Triton Digital, Commercial Radio Australia, and Southern Cross Austereo. Continue Reading
Amazon has ordered two seasons of a television adaptation of the podcast Homecoming. The Gimlet Media show is an audio drama, and is the second program from that podcast network to receive television treatment (a version of Start Up was picked up by ABC this spring). Hollywood’s recent forays into podcasting are further evidence that the audio format has entered mainstream awareness. Continue Reading
A new report has been issued by The Download on Podcasting, the ongoing collaborative study of on-demand audio from DMR Interactive and the Digital Media Research and Development Lab at Texas A&M University. In discussing audience measurement the paper spotlights Nielsen’s technology and compares podcasting to craft beer. Continue Reading
7digital has published its 2016 financials, which showed continued revenue growth for the B2B music provider. The company’s revenue was up 15% from the previous year, reaching £11.9 million. Net losses declined from £7.9 million to £5.3 million. Continue Reading
Vevo has expanded its shared viewing feature with a live component. The video company rolled out Watch Party in March, allowing multiple people to watch the same clip across multiple computers. The new development is Watch Party Live, which adds a real-time broadcast component for artists to interact with their fans. Continue Reading
MTV is experimenting with a new approach to one of its popular television shows. Following the final season of its Teen Wolf show, the fictional universe could find new life as a podcast. The show is scheduled to end this summer, but the network is reportedly in early talks with show runner Jeff Davis to translate the concept into a podcast. Continue Reading
BVMI, Germany’s music industry group, has released the mid-year report for the country. The total market revenue for the first six months of the year grew by 2.9% to reach about €740 million ($853 million). Continue Reading
Most musicians dream of having a No. 1 hit, and today marks the arrival of one. “Despacito,” a track by Luis Fonsi and Daddy Yankee, is now the most-streamed song of all time. With 4.6 billion streams since its release in January, “Despacito” has surpassed the previous champ, “Sorry” by Justin Bieber. Continue Reading