Spotify releases first quarterly earnings report: Subscribers and revenue up, losses narrow

Spotify shared its first quarterly earnings report since the company listed on the New York Stock Exchange last month. Despite a solid performance in listener and subscriber numbers, Wall Street was unimpressed with the results. Spotify’s stock price sunk after the data was released, falling from about $170 per share to about $153 per share. Continue Reading

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DAX survey finds agencies and advertisers are bullish on digital audio, but still want better tools

DAX, the digital audio exchange from broadcaster Global, has released research into the outlook for digital audio advertising in the UK. The data from research firm MTM examined the sentiments toward digital audio held by advertisers and media agencies. Interest is generally high, with 80% expecting to put more money into digital audio over the coming year. Continue Reading

Triton Digital’s a2x platform adds another ad tech integration

Triton Digital has announced another integration for its a2x programmatic audio ad exchange platform. The a2x service will be integrated with Fusio by S4M, a mobile advertising technology centered on drive-to-store campaigns. The deal allows S4M clients access to programmatic audio inventories as well as the option for dynamic targeting by location. Continue Reading

IAB Australia survey finds growing interest in podcast, streaming advertising

IAB Australia has released its latest audio advertising report. The top takeaways point to continuing growth in the digital audio ad space, an interest in exploring new formats in streaming audio and podcasts. “With the explosion of podcasting at both a content & consumer levels, I expect to see more brands stepping in but the opportunity is in brand integration and not spots and dots,” IAB Australia CEO Vijay Solanki said. Continue Reading