Spotify has expanded its Ad Studio platform, bringing the self-service tool out of beta. The Ad Studio will now be available in 18 additional markets around the world. This move marks a notable expansion to how businesses can advertise on the platform three years after the tool was initially introduced. Continue Reading
PRS for Music, the British collection society, announced that it made a record April royalty distribution. The organization paid out £174 million (~$215 million) to its members for the month, up 15% from April 2018 distributions. Continue Reading
Podtrac has posted the latest in its weekly series of coronavirus audience and listening metrics. This series tracks those statistics from the first of the year. this week’s batch goes through Sunday April 5. Unsurprisingly, the News category is faring well. Continue Reading
Voxnest announced that it has entered a new partnership with Nielsen. This latest agreement means that advertisers using the Voxnest Audience Network and publishers using Voxnest’s Spreaker will be able to use Nielsen Audience Segments for a better understanding of their listener bases. Continue Reading
MIDiA Research has released load of metrics charting media and entertainment verticals. the info drop is prep for an upcoming webinar, “COVID-19 Impact on Entertainment Demand and Behaviours.” Continue Reading
Apple Music has launched a fund to help insure artists get paid during the COVID-19 pandemic. The platform is creating a $50 million advance royalty fund for paying artists through independent record labels. Continue Reading
We are gratified to see Stitcher’s blog post describing a session in RAIN’s 4th Annual Podcast Business Summit. The session was called, “Getting Podcast Measurement Right,” and was moderated by Stitcher Chief Revenue Officer Sarah van Mosel. Her panelists were… Continue Reading
Victoria Campoamor has joined Spotify as the streaming service’s new senior director of content operations and services. Prior to this position, she spent several years in posts with YouTube and Google. Continue Reading
iHeartMedia announced that it has extended its deal with Aaron Mahnke. The multi-year deal will see the author and podcast creator continue his exclusive partnership with the iHeartPodcast Network. In addition to work with Mahnke, the partnership will see the addition of five new podcasts to feature new talents. Continue Reading
We thought it might be interesting to compare how three publicly traded audio stocks have fared in the COVID-19 period, for one month starting in early March. Sirius XM has weathered the coronavirus storm better than iHeartMedia and Spotify, but even so the drop is about 30%. Continue Reading
As Australians worked from home during much of march, radio group Southern Cross Austereo (SCA) worked up some streaming metrics for the month. This report covers live radio streaming, smart speaker listening, and podcast plays. All streaming metrics in this report are up in double digit percentages. Continue Reading
Audioboom reported its first-quarter financials. The podcast company reported $6.4 million (£5.2 million) in revenue for the first three months of 2020, a jump of 40% from the year-ago period. The increase was largely due to a corresponding spike in brand advertiser count. Continue Reading