Spotify is reportedly making plans to lease a new office space in London. The company is in advanced negotiations for a 60,000 square foot space, three times the size of its current office in the UK. Continue Reading
The Orchard, an independent music distributor owned by Sony, has acquired two of its rivals. It has purchased German-based finetunes and Norway-based Phonofile. The labels distributed by these companies will gain access to the services provided by The Orchard. Continue Reading
Webcast listening in February spiked upward by eight percent compared to the previous month, according to Triton Digital’s Webcast Metrics monthly Top 20 Ranker, released today. Year-over-year listening to streams gained 12%. Click through for long-term trendlines. Continue Reading
Apple has posted its Q2 2017 results. Quarterly revenue for the tech giant totaled $52.9 billion, up from $50.6 billion in the year-ago period. Apple does not break out any of the financial details for its streaming music platform, but that product is included in its Services arm along with revenue from any of its digital content. Continue Reading
Rights administration specialist Kobalt Music Group has announced some updates to its top leadership. First, Richard Sanders has stepped down as the company’s president and chief revenue officer. Laurent Hubert, who heads the company’s platform and investments team, will be replacing Sanders. Continue Reading
YouTube is trialling a redesign of its desktop product, offering an advanced look and soliciting feedback on the changes. The new look is based on the Material Design philosophy, an approach to presenting digital experiences. According to a blog post announcing the redesign, YouTube said the key principles are simplicity, consistency, and beauty. Continue Reading
Ad-tech company AdsWizz is now in the Alexa development business, partnering with iHeartMedia on the publishing side, and ad agencies Assembly, Mediavest|Spark, and Mindshare. Alexa is the voice-controlled home assistant platform developed by Amazon and embodied in the Echo, Dot, and Look devices. Skills involve interactive listening and voice-activated responses to advertisements. Continue Reading
Registration for the June 21 RAIN Podcast Business Summit opens today, as tickets for the milestone conference go on sale at the Early Pricing level for a limited time. Between now and May 16 attendees may register to be part of the event at New York’s AXA Event & Production Center for $299. Continue Reading
Varick Media sent an announcement today that it has expanded its relationship with Triton Digital, using Triton’s a2x programmatic marketplace in Canada. Continue Reading
Otto Radio announced the launch of a new feature dubbed Themed Stations. The company, a personalized streaming audio service, now allows users to create stations centered around more than 500,000 topics or themes. We gave the newe feature a test drive. Continue Reading
Tencent Music Entertainment Group is working on an initial public offering that could see the business valued at $10 billion, according to the China Money Network. The company is part of Chinese conglomerate Tencent. Continue Reading
SoundCloud has announced a new promotion that seems aimed at encouraging new listeners to test out its paid service. The audio platform is offering three months of access to SoundCloud Go+ for just $1. The plan normally costs $9.99 a month. Continue Reading