Spotify has hired a new head of sales for its UK division. Rakesh Patel will start with the streaming music company in November, bringing 18 years of industry background to the team. His role of leading the UK sales team is an approximate replacement for former UK Country Manager Chris Forrester, who departed Spotify in April. Continue Reading
A Los Angeles-based startup called HAAWK, which specializes in rights management, copyright enforcement, and monetization for user-generated content, has announced two business developments. First, the company secured a $2.5 million seed round of financing. Second, it has acquired assets from Dart Music. Continue Reading
iHeartRadio’s music programming will soon be available in hotel rooms thanks to a new partnership with KEYPR, a cloud-based guest service platform for the hospitality industry. iHeartRadio will be accessible directly on KEYPR in-room tablets. These devices can also provide guests with a directory of hospitality services and a keyless entry option for their room. Continue Reading
Dutch music industry organization NVPI released its half-year results, which showed 30% growth in streaming sales. Streaming now holds a 65% share of total market sales in the country, boosting digital music revenue to €55.4 million for the first half of 2017. Continue Reading
Last month, we reported on the upcoming Roxi set-top streaming device from Electric Jukebox. There were no definite U.S. release dates at that time, but the company has started shipping the device stateside beginning today. B2B music provider 7digital will be Electric Jukebox’s partner, providing the Roxi music catalog for the U.S. market. Continue Reading
Spotify is continuing to expand its options for brands and businesses to advertise on its platform. Yesterday, the company announced the U.S. beta launch of a tool called Spotify Ad Studio. This self-serve platform has resources for the creation and management of targeted audio ad campaigns. Continue Reading
On Tuesday, November 7, the sixth annual RAIN Summit Europe will hold forth at the British Museum in London. This exceptional gathering of online audio professionals brings together thought-leading executives from the U.K. and continental Europe for discussion, research, and other presentations. Continue Reading
CBS Radio announced a relaunch of its Radio.com free mobile streaming app. The program now sports new visuals and higher audio quality. Listeners can access live streams of local radio stations and search for other CBS Radio channels by location or genre. Radio.com is also now home to CBS Radio’s podcast portfolio. Continue Reading
Acast, a podcasting and audio on-demand company, announced that it has secured $19.5 million in a series B investment. The round, led by a group of Swedish investors, brings Acast’s fundraising total to more than $32 million. Continue Reading
Wondery has announced its fall podcast lineup, featuring new seasons of two true crime shows as well as revisiting a project the spring. Continue Reading
For some time now, the music industry has been tracking trends of increased revenue from streaming as income from physical formats and downloads wanes. The RIAA H1 2017 data shows that the first half of this year continued those trajectories. Streaming secured a 62% share of the first-half revenues and total streaming revenue for the period was $2.5 billion. Continue Reading
Guest columnist Mark Ramsey gets serious about listening trends in radio and which elements of recent data are cause for concern. Part one of two. Continue Reading