In a keynote interview at MIDEM over the weekend, Pandora CEO Tim Westergren talked about Pandora’s plan to build an on-demand service to complement its market-leading streaming radio platform, and the company’s support of the music industry. Along the way, Westergren reiterated his company’s explicit mission to replace broadcast radio, and why that’s a good thing for listeners and musicians. Continue Reading
A new Nielsen study explores use of media types across different generations. The Generational Snapshot study looks at media use and device penetration for three age groups: Millennials (18-34), Generation X (35-49), and Baby Boomers (50-67) and finds clear trends in their choices. Continue Reading
James Cridland’s Future of Radio is a column by the Australia-based radio futurologist. THIS WEEK: Research on media and Millennials. A must-read on creating good radio station websites. Much more. Continue Reading
Nearly 300 ad-agency audio buyers, executives of pureplay streaming audio services and the technology companies which power the space packed into the Metropolitan Pavilion for the first RAIN Streaming Audio Advertising Summit yesterday in New York. The four-hour event was… Continue Reading
Here’s a collection of some noteworthy developments emerging from Cannes, where the music industry has descended for the Midem conference. The opening keynote for the event gathered several industry leaders to talk about the future of the music business. TuneCore CEO Scott Ackerman also gave a talk and the Worldwide Independent Network released a report. Continue Reading
A new report added to the volume of data around podcast listening and advertising. Audio on-demand network Wondery commissioned a study from comScore that found one in three podcast listeners expect to increase their podcast consumption in the next six months. Respondents also reported feeling more connected, intelligent, and energized after listening to a podcast. Continue Reading
iHeartRadio has announced streaming stations that focus on hits from single years. Called Class of Radio, the idea is to pick your graduation year. In our test, we heard an ad-free station sponsored by a student loan refinancing company — a nice campaign tie-in. Continue Reading
LyricFind has entered into a partnership that will see French lyrics added to its service. “This deal establishes LyricFind’s footing in the French market and reinforces our position as the world’s go-to provider of licensed lyrics,” LyricFind CEO Darryl Ballantyne said. Continue Reading
A new agreement for SoundCloud will expand its library available for Europe. The audio company entered a tie-up with Universal Music Publishing International and the Society of Authors, Composers and Publishers of Music (SACEM) in France. The licensing deal covers SoundCloud’s new Go subscription service and its free, ad-supported listening. Continue Reading
Bridge Ratings released new data from its research about how long people stay tuned in to podcasts. The average time spent listening across all participants was 33 minutes. An average of 26% of the respondents stopped listening to a show within the first 30 minutes, and 19% stopped at between 30 and 45 minutes. Continue Reading
The partnership between Spotify and lyrics provider Musixmatch has dissolved as of May 27. As a result, the Lyrics button in Spotify’s interface no longer displays the words to the currently playing song. That feature first appeared on the desktop version of the service last February. Continue Reading
Guvera has filed for an IPO in Australia. The streaming service is looking at a market value between $29 million and $58 million on the ASX exchange on Monday, July 18. The IPO looks to be a make-or-break moment in determining the company’s future. Continue Reading