Through its parent company AudioValley, Targetspot has announced the hiring of mario Cabanas as Chief Operating Officer. The notice comes with confident language around Targetspot’s resilience during and following COVID-19. Two other directorial hires accompany the announcement. Furthermore, AudioVally lists 15 open roles located in Europe on its jobs page. Continue Reading
Spotify has announced a new daily sports playlist, appropriately named Daily Sports. This new product triples down on mixed-media programming that combines spoken word and music. As such, the playlists are personalized to each user — at least so far as the music is chosen. Spotify has been down this road twice already, with Daily Wellness and Your Daily Drive. Mixing spoken word with music is part of the company’s effort to diversify listening, and shift usage time into low-cost non-music content. Continue Reading
Podtrac released its July edition of the Top 20 Podcasts, ranking Podtrac measurement clients. (See below.) The Daily retained its #1 slot in July, and in fact the top five shows all remained stable. Venerable podcast Serial leaped back into the ranker, soon after its acquisition by The New York Times. Click through for details. Continue Reading
Measurement company Media Monitors released its Q2 Podcast Listener Survey results. The public reveal contains the top 25 podcasts according to a survey conducted in June. Also, a list of podcast publishers with the most number of shows in the top-200 list (not publicly shown) and top 10 categories in which those 200 shows are slotted. Every show in the top 25 is familiar, in title at least, to anyone into podcasting. Continue Reading
by Jeff Umbro
In this week’s column, Podglomerate CEO Jeff Umbro provides news and commentary about the Cumulus Media tower sale, the gender unbalance in top podcasts, Amazon’s rules, Sticher’s revenue, the rise of Ashley Flowers, and more. Continue Reading
In last week’s iHeartMedia (IHRT) earnings call, CEO Bob Pittman discussed podcast strategy, podcast strategy, and podcast strategy. And a bit of radio. The financials included the entire business, and the COVID effect. But the go-forward mission leans heavily into on-demand audio, both as a stand-alone advertising business, and a synergistic opportunity with the largest array of commercial radio stations in the U.S. Click through for quotes. Continue Reading
In Entercom’s Q2 earnings call on August 7, CEO David Field held forth with a considerable portion of his opening remarks focused on digital audio and cross-category business in the U.S.’s second-largest commercial radio group. In fact, “radio” is subsumed in Field’s broad definition of Entercom: “Entercom is now a scaled media and entertainment company.” Continue Reading
Veritone One is the latest podcast entity to subscribe to Nielsen’s Podcast Buying Power Service, Nielsen is announcing today. Nielsen’s subscription program ties listeners and their buying habits to podcast categories, to help advertisers (especially brand advertisers) plan more effective and targeted campaigns. The Podcast Buying Power Service launched in July of last year, with five major podcast publishers as charter subscribers. As a new subscriber Veritone One is an audio advertising agency. Continue Reading
The headline number is derived from the Q2 earnings report for E.W.Scripps, Stitcher’s parent company. Scripps has sold Stitcher to SiriusXM, in a deal planned for Q3 closing. Click through for details, quotes from the conference call, and our arithmetic. Continue Reading
ART19 sent us a note that the company has tightened its grip on South Korea podcasting, now providing hosting, distribution, and exclusive ad-repping to all major broadcasters. This follows a December announcement in which ART19 established a dominant footprint in S. Korea, and opened a business unit called ART19 Korea. Continue Reading
After soliciting over 400 nominations, Inside Radio and its sister publication Podcast News Daily have released a top-10 list of podcasting executives. That evidently not being sufficient to represent the field, there is also a second list of 32 “Podcast Power Players.” Conal Byrne (President, iHeartPodcast Network and RAIN Summit speaker) took the top honor. Click through for the top-10 list. Continue Reading
Townsquare Media’s COVID quarter tells a varied story in the company’s Q2 earnings release. Net income for the quarter was down year-over-year (a nearly universal Q2 earnings story), while digital revenue gained in share of total revenue. CEO and RAIN Summit keynoter Bill Wilson noted that sequential revenue (month-over-month within the quarter) rose, and that Townsquare Interactive, the company’s subscription service for digital marketing, earned nearly half of total net revenue. Continue Reading