Rumor Fact(ory): Another report that Jimmy Iovine will step back from Apple Music

Apple’s music mogul Jimmy Ioving is back in headline. Sources reportedly familiar with the exec’s plans told The Wall Street Journal (paywall) that he will transition into a consulting role in August. At that time, they said he will be less involved with the day-to-day operation of the Apple Music streaming platform. Continue Reading

UK songwriters’ group lobbies for a share of Facebook, Spotify revenue

Songwriters and composers in the UK are making a push for music publishers to include them in their recent licensing negotiations. Ahead of Spotify’s direct listening date, the British Academy of Songwriters, Composers & Authors is calling on publishers to commit to sharing proceeds from their sales of stock in the streaming music company. Continue Reading

Nielsen report: Podcast listeners command billions in purchasing power

The latest Nielsen Podcast Insights report examines how podcast advertising impacts listener purchases and spending habits. First, it highlighted strong growth in the “avid podcast fan” audience, defined as households with the highest scores for their expressed interest in various podcast genres. Continue Reading