Pandora to hire new full-time CFO
Pandora is officially seeking to hire a new full-time CFO. Mike Herring has been holding the position in addition to his role as President since Tim Westergren took over as CEO in March. Continue Reading
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Podtrac issues October ranking of podcast publishers
Podtrac has updated its monthly ranking of podcast publishers for October. The list tracks the top publishers from Podtrac’s client roster. The order of the rankings remained unchanged, aside from WBUR and TWiT swapping ninth and tenth. Continue Reading
“Download on Podcasting” project releases two reports, predicts $100M industry
The Download on Podcasting project, a collaboration of DMR/Interactive and Texas A&M University, has released two reports, one of which positions the podcast business as poised to reach $100-million dollars in revenue Continue Reading
UMG already made $1B in streaming revenue so far this year
Universal Music Group has made more than $1 billion in streaming revenue so far this year. The label released its financial results for the first nine months of 2016, and revenue from streaming and subscription services hit €1.03 billion ($1.1 billion). Continue Reading
Shazam partners with Songkick for concert listings
Shazam and Songkick are combining their services. The audio identification app will integrate concert listings from Songkick starting in 2017. Concert data and information for hundreds of thousands of upcoming live shows will appear in the app. Continue Reading
Pandora, TuneIn, and AccuRadio launch Harmonic Audio Network for advertisers
In an alliance with TuneIn and AccuRadio, Pandora is announcing this morning the launch of the Harmonic Audio Network, an ad network for advertisers in streaming audio. The Harmonic Audio Network will be exclusively represented by Pandora’s sales force. The new network widens the audio inventory available to Pandora’s sales staff, and creates what the company is marketing as a trusted, high-quality marketing opportunity across three recognized brands. Continue Reading
Spotify debuts another animated video series
Spotify’s push for new video content is continuing at break-neck speed. The latest release is an animated series titled “Drawn & Recorded.” The ten episodes will share stories from pop music history. Videos will appear on Spotify’s mobile and desktop versions. Continue Reading
UK metadata startup announces financing round
Beatroot Music has raised £125,000 ($155,000) in equity funding for its work in metadata management. The financing came from Creative England, and follows a seed funding round in March 2015. Beatroot automatically generates metadata for back catalogs. Continue Reading
Uptick of webcast listening in September (Triton Digital)
Webcast listening in September gained 2% compared to August numbers in Triton Digital’s Webcast Metrics monthly Top 20 Ranker, released today. Perennial leader Pandora was flat from august, while Spotify jumped 7% (same as the previous month). iHeartRadio, third on the list each month, inched down 2%. Continue Reading
iHeartMedia posts Q3 results, talks digital
iHeartMedia released financial results for the third quarter. In announcing the results, iHeart’s leadership kept the focus forward on upcoming digital projects. “This quarter, we were excited to announce the reimagining of live radio with our two new subscription services, iHeartRadio Plus and iHeartRadio All Access,” Bob Pittman said. Continue Reading
SHOUTcast and Nobex partner for mobile app availability to thousands of stations
Internet radio platform SHOUTcast has sealed a partnership with Nobex Partners, the two companies announced today. Under this arrangement, Nobex will make available white label mobile apps for SHOUTcast’s 73,000 stations. Continue Reading
Pandora rolls out new web design
Pandora unveiled a new look to its web version. The changes reflect Pandora’s recently revised branding and clearly integrate the key functions for its new Pandora Plus paid subscriber tier. The redesign will begin rolling out today. Continue Reading