Mechanical Licensing Collective receives $424M for unmatched royalties from streaming services

The Mechanical Licensing Collective (MLC) has received $424-million in royalties from Apple, Spotify, Amazon, Google, Pandora, and 15 other streaming entities from Aspiro to Xandrie. With funds in hand, the MLC starts its US government mandate to accurately distribute payments to songwriters, composers, and music publishers. Click for the list streaming services by dollar amount. Continue Reading

Jeff Umbro: SiriusXM, Spotify, Amazon, and the New York Times Announce Earnings

by Jeff Umbro

In this week’s column, The Podglomerate CEO Jeff Umbro rounds up recent earnings reports from Spotify, SiriusXM, The New York Times, and Amazon. (With stock charts.) A nice grab-bag of industry updates rounds out the issue. Oh, also a podcast recommendation. Continue Reading

Spotify earnings: User growth, revenue growth, negative net income, unhappy investors

Under the theme “Building the World’s #1 Audio Network,” Spotify released its Q4 2020 results today. The main public-facing presentation is a splashy infographic illustrating user growth and recent acquisitions and features, with not a single financial metric in view. Click through for a thorough rundown of main finance results and user metrics. Continue Reading

Jeff Umbro: Content Moderation: Twitter, YouTube, Podcasts?

by Jeff Umbro

In this week’s column, The Podglomerate CEO Jeff Umbro grapples with the often-overlooked, always-challenging topic of podcast content moderation. Should podcasting undergo the level of scrutiny that social networks do? Along with these ruminations, the column catches up with news from Spotify, Apple, and elsewhere. Continue Reading

Jeff Umbro: Staring Down the Barrel of 2020 (Podcast Lists)

by Jeff Umbro

In this week’s column, Podglomerate CEO Jeff Umbro unleashes an epic list of lists — 32 media brands which released end-of-year “best podcasts of 2020” roundups. From Esquire to Vanity Fair. From Town & Country to Teen Vogue. Dive in now; thank Jeff later. (Or blame him; your choice.) Continue Reading

Spotify signs Meghan Markle & Prince Harry in exclusive podcast production

The Spotify podcast deal-making dreadnought sails on, now signing the ex-royal couple Prince Harry and Meghan Markle to an exclusive production arrangement. The model seems to be taken from the Spotify/Obamas deal which tied a new production company, Higher Ground, to Spotify (not an equity acquisition). Likewise, Harry and Meghan have fashioned a production company called Archewell Audio. Click through for details and a trailer. Continue Reading

Jeff Umbro: Courses, Webinars, and Learning Opportunities

by Jeff Umbro

In this week’s column, Podglomerate CEO Jeff Umbro covers key podcast news items from the past week. In this edition, a rundown of four online courses and webinars for getting a better understanding of podcasting issues and skills. Also — Sirius XM and Howard Stern. Continue Reading