Otto Radio gets Samsung investment, launches public API

Otto Radio has secured an investment from Samsung NEXT, the venture capital arm of the tech conglomerate. Otto Radio offers audio streams of podcasts and audio news centered on a particular listener’s own interests; think of the concept as Pandora for podcasts. The investment lines up with Otto’s launch of the Otto Everywhere API, which lets other companies access that personalized audio stream. Continue Reading

Nielsen 2016 report: “Music consumption is at an all-time high”

“Music consumption is at an all-time high,” according to Nielsen Music’s 2016 U.S. Year-End Report. The analysis reveals that 2016 was another year with strong streaming growth and some compelling trends for albums. The entire music industry posted a 3.1% increase in overall volume, with total album consumption reaching 560.7 million units. Continue Reading