Brief news items and worthy reads from around the web: Music Biz Slams Citi Report on Industry & Artist Revenue as ‘Inconsistent,’ ‘Inaccurate.’ The future is ear: Why “hearables” are finally tech’s next big thing. Spotify’s $30 billion playlist for global domination. Cook says Apple not in music streaming for the money. Your Favourite BBC Podcasts, Now on Spotify in the UK. Continue Reading
James Cridland’s Future of Radio is a column by the Australia-based radio futurologist. THIS WEEK: Steve Penk of BBC wants your bloopers. iHeartRadio adds AI tech for song segues. Continue Reading
A rattling shakeup is underway at Audible, the audiobook and audio content platform owned by Amazon. According to reporting by NPR, the entire podcast staff has been laid off. SVP of Original Programming Eric Nuzum has resigned, and shared a letter to friends with RAIN News. Continue Reading
Scripps-owned podcast content and advertising company Midroll Media booked $9.97-million in operating revenue in the second quarter, according to the SEC-filed 10-Q for E.W. Scripps. The roughly $10-million revenue represents a substantial gain of 35% over last year’s Q2 revenue for Midroll. Company executive comments from the earnings call. Continue Reading
James Cridland’s Future of Radio is a column by the Australia-based radio futurologist. THIS WEEK: Statistics out of New Zealand and a familiar-looking feature joins iHeartRadio. Continue Reading
“We’re still in the early innings and the market is growing rapidly,” said Pandora CEO Roger Lynch at the top of yesterday’s Q2 earnings call. He deployed the “early innings” metaphor in Q1 also. This time, Wall Street took a swing at that pitch, sending P stock up 20% in Wednesday morning’s early trading. Continue Reading
Pandora is taking the next step with its programmatic advertising strategy. After announcing the beta launch of a private programmatic marketplace in February, the audio company has now opened up the exchange to general buying. Continue Reading
Amplifi Media CEO Steve Goldstein reflects on last week’s Podcast Movement conference, and a list of interesting takeaways. One key fact: More than four out of five people do not listen to podcasting weekly. Upside? Yes, and also challenges. Continue Reading
James Cridland’s Future of Radio is a column by the Australia-based radio futurologist. THIS WEEK: A wrap-up from Podcast Movement, best practices for street teams, and talk radio in Australia. Continue Reading
Amazon released its second-quarter financial results, and the company continues to amass enormous windfalls from across its diverse range of products and services. Alexa was a key factor in the conglomerate’s business updates from the period, and will likely continue to be a focus in their financial success too. Continue Reading
Austria reported growing revenue from streaming in the first half of 2018. Total revenue for the period reached €53.5 million. It was also the first time the domestic market saw greater revenue from digital sources than from physical. Continue Reading
James Cridland’s Future of Radio is a column by the Australia-based radio futurologist. THIS WEEK: The latest updates from the audio industry in Austria, Africa, Afghanistan, and more. Continue Reading