Quick Hits: Citi report critique. “Hearables.” Spotify’s strategy and Apple’s response. BBC on Spotify.

Brief news items and worthy reads from around the web: Music Biz Slams Citi Report on Industry & Artist Revenue as ‘Inconsistent,’ ‘Inaccurate.’ The future is ear: Why “hearables” are finally tech’s next big thing. Spotify’s $30 billion playlist for global domination. Cook says Apple not in music streaming for the money. Your Favourite BBC Podcasts, Now on Spotify in the UK. Continue Reading

Townsquare Q2: Digital initiatives growing fast, and advocacy for regulatory change

In this week’s Q2 earnings call, Townsquare Media noted that its digital initiatives, most of which are bundled into Townsquare Interactive and Townsquare Ignite, are leading drivers of quarterly growth. Also in the call, Townsquare execs advocate for regulatory loosening of local station ownership rules, saying that radio’s competitors are digital platforms. Continue Reading