Sirius XM reported its third-quarter financial results. Net income for the period totaled $343 million, or 7 cents per diluted share. Quarterly revenue reached a new record of $1.5 billion, up 6% from the third quarter of 2017. The company also received updates on its planned acquisition of Pandora Media. Continue Reading
Show Shouts highlights noteworthy new and upcoming podcasts from across the vast and fast-growing category. Today’s announcements include two sports programs, one from SB Nation and Vox Media and the other from Cadence13. Also Night Vale Presents is back with some musical surrealism and Westwood One gets inspiration from two Navy SEALs. Continue Reading
Dash Radio has raised a seed round worth $8.8 million in support of its free online radio platform. The round will also see some of the investors joining Dash Radio’s board, including Warner Bros. Chairman and CEO Kevin Tsujihara. In addition to the funding round, Dash Radio has also reached a milestone of 10 million monthly listeners. Continue Reading
DAX has hired Tom Larkin for the role of programmatic sales director. This hire establishes a new U.S. programmatic division for DAX dedicated to making 90% of its inventory available programmatically. Continue Reading
Amazon has two new developments around its voice assistant and smart speaker efforts. The first item is the launch of Amazon Alexa and the Amazon Echo line in Italy and Spain. The other development is a way to submit feedback on Alexa voice skills. Continue Reading
SoundCloud announced a new integration with Instagram. The latest update allows users to share music from the SoundCloud library directly to their Instagram Stories. The deal is the latest in what has been a very busy fall season for the digital audio provider. Continue Reading
Music has always been a potent force for inspiring emotions, but that passion can extend to music platforms as well. Recent data from MusicWatch found a possible reason why so many studies are seeing low interest in radio among the younger generations. Continue Reading
TuneIn announced a new deal with an original podcast from journalist and news personality Rachel Maddow. The company has been chosen to exclusively represent sales opportunities for Bag Man: A Rachel Maddow Original Podcast. Continue Reading
Merlin, the indie label group and digital rights agency, is marking the second anniversary of launching its office in Japan with some new data. The company announced that distributions to Japanese members have grown by 200% from the first half of 2017 and the first half of 2018. Continue Reading
James Cridland’s Future of Radio is a column by the Australia-based radio futurologist. THIS WEEK: Do radio stations need a building? Also departures from BBC Radio 2 and the ABC. Continue Reading
Deezer has launched for markets in the Middle East and North Africa. The rollout comes on the back of an exclusive deal with the Rotana Group, which has the rights to a large library of Middle Eastern music. Deezer is offering its new users six months of its Premium tier for free. Continue Reading
iHeartMedia announced that it will host a new live event to recognize listers’ favorite podcasts. The iHeartRadio Podcast Awards are scheduled to take place in Los Angeles on January 18. Winners for 17 of the 22 categories will be chosen by listeners and voting begins today. Continue Reading