TuneIn continues to deploy November investment; markets 20 key job listings

As we reported in November, venerable streaming platform TuneIn received investment from Innovation Endeavors. The dollar amount was undisclosed, but the timing conicided with a CEO change, as Richard Sterm went over over from Audible to take the helm. Today we notice the company has unfruled a raft of 20 job listings across different levels, and is self-referring as “a growth-stage company.” Continue Reading

Audioburst launches “Platform for Apps,” enabling topical audio streaming to app builders

Audio search and delivery platform Audioburst is announcing the launch of Platform for Apps, which provides audio that app builders can easily bolt into the mobile experiences. The company scrapes a colossal library of short clips (“bursts”) which can be sorted by topic and aggregated into playlists. It hopes to grow a clientele of app builders seeking entertainment and user retention. Continue Reading

Within ad-supported audio, podcasting has greater “share of ear” than Spotify/Pandora (Edison)

Pierre Bouvard, Chief Insights officer at Westwood One, is back at it in the company blog, divulging results of the subscription Share of Ear consumer survey conducted by Edison Research. One of Bouvard’s key points in this latest blog post is the time-spent leadership of podcasting over ad-supported Spotify Free and Pandora. Click through for that infograph, and more. Continue Reading

In startling reversal, AccuRadio moves to radio, citing high music royalty costs

AccuRadio, one of the two leading brands of pureplay online radio in the U.S., has stunned the online audio business community by announcing that it is switching to broadcast radio distribution. The change will occur on April 5. In an aggrieved press release the company cites high royalty costs, and says it can find greater profitability in AM radio “playing up to 22 minutes of commercials per hour.” Continue Reading

Spotify acquires Betty Labs, creator of live social audio, elbowing into Clubhouse’s space

Spotify has announced its acquisition of Betty Labs, a tech startup which build Locker Room, a live audio conversation space for sports fans. The company says the grab will “accelerate Spotify’s entry into the live audio space.” Other remarks from Spotify sound like a plan to eat Clubhouse’s lunch. Continue Reading