While there is no earnings call for iHeartMedia scheduled during the media giant’s bankruptcy process, the normal regulatory filing (10-Q) was made. From that document, a few interesting points can be gleaned. Continue Reading
As we noted last week, today is rollout day for a new YouTube Music app, and two new subscription plans for ad-free, downloadable YouTube use. Click through for plan details, a gloomy forecast (not from RAIN News), and quotes from Lyor Cohen. Continue Reading
Another streaming holdout has reversed course: Peter Gabriel has released most of his albums to Spotify, and possibly other services. In addition to other business considerations in releasing the music, there is the enduring value of back catalogs in streaming services. Continue Reading
Podcast company Cadence13 is partnering with business newsletter publisher MarketSnacks to start a daily business/tech podcast. It is called MarketSnacks Daily, and the first episode drops tomorrow, May 23. RAIN News Q&A with Chris Corcoran, Chief Content Officer at Cadence13. Continue Reading
The 2018 edition of the Jacobs Media Techsurvey shows survey trends for consuming audio and radio, derived from American and Canadian radio listeners. More than 64,000 listeners and 567 radio stations in the U.S. and Canada participated in the online survey. AM/FM radio remain strong, and the latest annual survey showed growth for podcasting and smart speakers. Continue Reading
Universal Music Group reported first-quarter revenue of €1.22 billion, down nearly 5% from €1.28 billion in the year-ago period. Recorded music revenue for the label rose 5.9% at constant currency rates. Continue Reading
The British Podcast Awards recognized the best shows created in Great Britain during the year. The winner for 2018 podcast of the year is Griefcast by Cariad Lloyd. Show in several categories received recognition, including family, true crime, comedy, sports, and branded content. Continue Reading
Amazon currently leads the industry for smart speakers, but more international competition has started to chip away at its dominant market share. Market research company Strategy Analytics released its first-quarter report on the product category. The analysis found that 9.2 million units were shipped globally in the period. Continue Reading
James Cridland’s Future of Radio is a column by the Australia-based radio futurologist. THIS WEEK: Further dives into buying spots on the Apple Podcast Chart. More on radio and podcasting from around the globe. Continue Reading
YouTube Music has expanded its program to spotlight up-and-coming performers. Artist on the Rise will now include a monthly program under the Trending tab, spotlighting a new musician every four weeks. The first highlighted artist is Jessie Reyez, whose career has grown from creative popular covers of pop tunes to receiving the Juno Award as Breakthrough Artist of the year. Continue Reading
Southwest Airlines has added iHeartRadio as the exclusive music offering for its suite of on-board entertainment. Passengers will be able to access live radio, custom artist stations, and curated playlists themed specifically for inflight listening such as “Pass the Time” and “Kids Zone.” Continue Reading
Tidal is no stranger to the rumor mill, but the past few weeks have been more eventful than usual for the streaming audio company. Norwegian newspaper Dagens Næringsliv has made multiple allegations about the platform, first that it intentionally inflated the stream counts for albums by Kanye West and Beyoncé, and more recently that it has fallen behind on payments to labels. Tidal has denied the newspaper’s claims. Continue Reading