Universal Music Group announced a new hire for its digital efforts. The label has brought on Tuhin Roy for the newly created role vice president of new digital business. In this position, Roy will work to forge partnerships with start-ups in the early-stage digital media sector. Continue Reading
Pandora returns to the headlines today as yet another layer of outside involvement becomes a possibility for the audio company. The audio company’s future has been a topic of interest as an ever-growing number of parties consider getting involved with the business to varying degrees. Two new developments have emerged around this ongoing story today. Continue Reading
Webcast listening in March inched upward by three 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 13%. Click through for long-term trends. Continue Reading
Data and charts company BuzzAngle Music announced that its analytics now integrate global data from Shazam. This marks the first time that data from the audio identification business will be a part of a comprehensive analytics program, BuzzAngle said in its press release. Continue Reading
Yesterday we shared the top-down global overview from PwC’s Entertainment and Media Outlook. Today’s we’ll drill down into the report’s data specifically for the United States. The results point toward projected total entertainment and media revenue of $666.13 billion in 2017. Music revenue in the U.S. is projected to hit $18.3 billion in 2017 with a CAGR of 5.596% for the report period. Continue Reading
Programmatic technology company Jelli announced an expansion for its offices. It has opened two new offices, one in New York City and one in Boise, Idaho. Jelli also hired streaming advertising veteran Eric Ronning, to run operations in NYC as its new vice president of strategic accounts. Continue Reading
Audioburst announced that it has secured series A funding of $6.7 million for its mission of automating the indexing, organization, and discovery of audio content. The company’s platform promises real-time analysis of an audio clip, which allows fast and easy searching of content. The metadata it applies to each audio clip guides the creation of audio streams personalized to a listener’s preferences and patterns. Continue Reading
PwC has published its 18th Global Entertainment and Media Outlook 2017-2021. The annual report offers intensive analysis of several entertainment industries around the world. For music, the outlook seems positive for a digital future, with streaming expected to be the top source of global revenue for the sector. If that prediction bears out, 2017 would be the first year when digital revenue will exceed physical sales on a worldwide scale. Today we’ll dive into the global data, and tomorrow will focus on just the U.S. analysis. Continue Reading
Stephen Bryan has joined YouTube as the video platform’s new head of label relations. The appointment will take effect in July. He is still working at SoundCloud as the audio company’s chief content officer through the end of June. Continue Reading
Bozoma Saint John has left her role as global head of consumer marketing at Apple Music and iTunes, marking a major departure for the streaming service. Neither Saint John nor Apple have commented on the exit or what her next move will be and whether it will still be in music at large or digital platforms more specifically. Continue Reading
Otto Radio announced new features that add on-demand controls to its core offering of curated, lean-back listening. With the latest update, Otto Radio adds a podcast suite. Continue Reading
Nobex Technologies, an Israel-based technology company which provides mobile apps for 4,500 radio stations in over 100 countries, has launched a new initiative — mobile apps for podcast creators. Nobex is stepping into podcasting in league with podcast hosting and technology company ART19. Continue Reading