SoundExchange announced that it paid recording artists and labels $773 million in 2014. The record figure is 31% greater than the $590 million it paid out the previous year. The final quarter of 2014 boosted the full-year performance with more than 38,800 payments totaling approximately $183 million, improving on the already strong payments from Q3. Continue Reading
The Italian Music Industry Federation released its 2014 year-in-review. The data, compiled by Deloitte, revealed overall growth of 4% for revenue of €122 million in 2014, up from €117.6 million the previous year. Digital listening accounted for a greater proportion of that overall performance in 2014: up to 38% of the market, compared with 32% in 2013. Continue Reading
The free download is brought to you by exclusive sponsor TargetSpot.
A strategic overview of online audio advertising, the whitepaper is the most comprehensive piece of intelligence ever published on the online audio advertising industry. Continue Reading
Guest contributor Larry Rosin notes that even with surge of publicity for podcasts, many people don’t quite know what they are. Continue Reading
Consulting and analytics firm Gartner released a prediction today, projecting that a quarter-billion connected cars will be on the road in 2020. The company notes that on-board Internet connectivity is starting to trickle down from premium models to mid-market cars. Continue Reading
Apple has filed for a new patent that could change how digital rights management is handled in its music properties. iTunes buyers could potentially share files downloaded from the store. If it plays out that way, it could open a secondary revenue stream for Apple’s decelerating music store. Continue Reading
Triton Digital today announced an exclusive partnership with eXelate to develop the first Data Management Platform (DMP) dedicated to streaming audio. The streaming audio industry is getting its first dedicated Big Data-crunching platform, better enabling participation in cross-channel ad campaigns. Continue Reading
New data from Nielsen highlighted the massive shift to online listening. The Music 360 2014 study found that 93% of Americans listen to musicmore than 25 hours a week. Many do so while at work, doing chores, and in the car. The meat of the new report is how convincingly listeners have shifted online. Continue Reading
TuneCore, a digital distribution service for musicians who wish to place their work in streaming music services, released a summary of its 2014 business. It’s a growth story from 2013, as the company added new distribution outlets, tracked more streams, and paid out more royalties to artists. Continue Reading
There’s still time (just barely!) to register for The Streaming Audio Marketplace: A Strategic Guide to Online Audio Advertising, a RAIN News webinar sponsored by TargetSpot. Click through for information ande registration. Continue Reading
In the tidal force of declining album/track sales, vinyl records represent one growing category. Small, but growing. Fine, but what about 78s, the first vinyl format? Not so much a growing category. Enter Radio Nostalgia, which features way-back oldies converted from 78 RPM records. Continue Reading
Rumors started circulating last month about Blinkbox Music coming under Guvera’s wing, and those speculations were confirmed today. Guvera has purchased the music streaming platform from UK retailer Tesco. Financial terms of the deal were not released. The music service has 2.5 million registered users for its app and delivers about 100 million streams a month. Continue Reading