On Tuesday RAIN produced the Online Audio Advertising Summit in New York, a half-day event featuring 22 thought-leading industry executives and expert speakers. A program that ranged from metrics to discussion to immersive experience held a packed audience at the Metropolitan Pavilion in Manhattan. Continue Reading
Classical music metadata specialist Dart Music has filed for bankruptcy. According to a note from founder and CEO Chris McMurty, the company will restructure through the Chapter 11 proceedings. Continue Reading
Dubset Media Holdings has secured a Series A fundraising round of $4 million. The company specializes in the licensing for remixes and determining all the appropriate rightsholders. Dubset has inked deals with streaming services including Apple Music and Spotify to get licensed remixes on those platforms. Continue Reading
Pandora has appointed Naveen Chopra as its new chief financial officer. Chopra joins the online audio company from TiVo, where he was interim CEO from January 2016 until the firm was acquired by Rovi. Pandora’s most recent CFO was Mike Herring, who is now the company’s president. Continue Reading
Ad-tech specialist AdsWizz has entered into a global partnership with Publicis Groupe, a French multinational advertising and public relations firm. Under this deal, AdsWizz’ AudioMatic demand side platform and AdWave will enable programmatic buying of digital audio advertising inventory for all of Publicis’ agencies and buyers. Continue Reading
SoundCloud announced a shift to its subscription offering. The SoundCloud Go platform is being changed to a $4.99 per month fee. The full on-demand service is now called SoundCloud Go+ and costs the industry standard of $9.99 a month. Continue Reading
Independent Music Publishers e-Licensing (IMPEL) announced that royalties it received from online music services increased 60% last year. The group collectively licenses the Anglo-American mechanical digital rights in Europe for publishers. Continue Reading
AdLarge Media has entered a partnership with Megaphone, the show host and ad-serving arm of Slate’s podcasting company Panoply. AdLarge, an independent audio advertising sales company, joins BuzzFeed, WBUR, and Gimlet Media on the roster of Megaphone partners. Continue Reading
Shazam’s director of EU partnerships, Jon Davies, shared some statistics about the app at the FastForward conference in Amsterdam. The audio identification is generating 30 million clicks a month to music streaming services such as Spotify or Apple Music. That’s in addition to sparking 400,000 daily song downloads from digital marketplaces like iTunes. Continue Reading
Omny Studio announced the launch of Apple Podcast Consumption Analytics, which was first announced in a webinar with RAIN News in August. This service is now out of beta testing and is available to enterprise customers. Customers using the analytics will be able to track and report consumption data from streamed plays of podcast episodes listened to on the Apple Podcasts app. Continue Reading
When AudioHQ announced the release of its original Bronzeville podcast series, one of the forces intersecting in that project was ART19, the podcast tech company which hosts the series. Now, we learn that AudioHQ and ART19 have cemented that relationship, and Sean Carr’s ART19 will be the hosting platform for other AudioHQ productions. Continue Reading
BMI and the Radio Music License Committee have set an interim licensing rate that will apply while the two parties continue negotiating a final rate. Judge Louis Stanton, who presides over BMI’s Federal Rate Court in the Southern District of New York, set the interim amount. Continue Reading