iHeartMedia earnings: Listening up, advertising down, digital everything is the way forward

In iHeartMedia’s Q1 earnings call, Chairmand and CEO Bob Pittman laid out his company’s revenue trendlines, a review of strategic decisions, and his views of a hopeful future. In simple coronavirus strokes: Listening is up, advertising is down, and digital initiatives are providing the best result and will propel future recovery. Continue Reading

SoundCloud, Pandora, and Facebook roll out new content and features for artist support amid pandemic

With many artists struggling to make ends meet as the coronavirus pandemic drags on, more and more audio companies are promoting their tools to help them better reach listeners and continue to make money. There have been several moves in this space in the past week, so here’s a round-up of what’s happening where. Continue Reading

Survey predicts that at-home listening will be led by speakers during quarantining

Futuresource Consulting released a report with an outlook on how the coronavirus pandemic might impact music streaming. Given the uncertainty around how COVID-19 may continue to impact both individual listening habits and broader national economies, any sort of projections should be read with several grains of salt. But a surveys and forecasts can still help companies make their best guesses about where listening trends will go. Continue Reading