Digital audio advertising company Targetspot announced that it is expanding its monetization tools into Latin America. Broadcasters in Mexico, Argentina, Colombia, Chile, and Peru are now eligible to use the company’s platform. Continue Reading
Spotify has inked a partnership with book publisher Bloomsbury. Under the terms of the deal, Spotify will exclusively offer titles from the publisher’s 33 1/3 series, which includes short books centered on a single album. The first one to become available on Spotify will be the book about Miles Davis’ album Bitches Brew. Continue Reading
Carrie Lieberman has joined iHeartMedia as vice president of podcast revenue strategy. In this role, she’ll be responsible for expanding the podcast portfolio, increasing revenue, and strategic partnerships. She joins the company after two years as the director of content distribution, licensing & business development at First Look Media. Continue Reading
Spotify’s direct listing on the New York Stock Exchange marked a new chapter for the streaming music service, and the action has continued to make waves in the industry. The latest developments are that two of the major labels that were early investors in Spotify during its startup days have sold portions of their shares. Continue Reading
Singapore posted a recent record in music revenue, according to the IFPI. The country saw 2017 music sales of $27.9 million, the highest total of the past five years. Digital revenue has steadily risen since 2013, while physical revenue has taken the opposite trajectory. Continue Reading
Warner announced that it generated $791 million in recorded music revenue during its second quarter ending March 31, up 15% on-year. Streaming was responsible for $415 million of that total, a 38.3% from the results in the same period last year. Continue Reading
James Cridland’s Future of Radio is a column by the Australia-based radio futurologist. THIS WEEK: James expounds on the potential for niche radio stations to land wins by tight targeting of listeners. Continue Reading
Edison Research and Triton Digital have released the 2018 edition of the Infinite Dial Australia study, It is the second investigation from the pair detailing the latest trends and habits for listeners down under. The results are pulled from a national telephone survey of more than 1,000 Australians aged 12 and up during the first quarter of 2018. Continue Reading
In Pandora’s Q1 earnings call yesterday, some of the most interesting remarks came during the investor Q&A, as usual. Two key subjects investors brought to the discussion were Pandora’s acquisition of ad-tech company AdsWizz, and the future of podcasting in Pandora’s content catalog. Extensive quotes and context. Continue Reading
Yesterday Pandora delivered one of its happiest quarterly reports in a couple of years, revealing forecast-beating annual growth in revenue and monetization efficiency. Pandora stock was rocketing up an eye-popping 25% in afternoon trading today. “We’re entering a new era… Continue Reading
NPR, WNYC Studios, WBEZ Chicago, and This American Life have joined forces to acquire podcasting app Pocket Casts. Owen Grover, formerly executive vice president and general manager of iHeartRadio, will join Pocket Casts as its new CEO. Continue Reading
Cadence13 and Nielsen have released a research report titled The Purchasing Power of Podcast Listeners, the first in a series that will examine the behaviors and trends within this audience. The first report explores listeners of shows about sports, society & culture, and television & movies and their spending habits in the consumer packaged good categories of snacks, carbonated beverages, and beauty products. Continue Reading