SFX announced that it has secured $60 million in new financing. The company also refinanced its $30 million revolving credit facilities for a total of $90 million. Its founder had made an effort to take the company private but was unable to secure backing as share prices have been dropping. Continue Reading
Pandora CFO Mike Herring participated in a session at a Goldman Sachs conference, fielding questions from one of the financial company’s analysts. His talk touched on how Pandora measures its advertising, it’s latest efforts in mobile ads, and the looming CRB decision. Continue Reading
Brian Benedik, previously head of North America advertising at Spotify, has been promoted to a newly created position as Global Head of Advertising Sales. He will take charge of the company’s entire advertising sales effort across the 58 global markets in which the music service operates. Continue Reading
Geico became the first advertiser to place a buy on Expressway from Katz, the Jelli-powered programmatic platform for broadcast radio spots. The announcement from Horizon Media, which piloted the transaction, claims Geico’s campaign as the first-ever live programmatic buy for spot radio. Continue Reading
This week we are revealing finalists in the Sixth Annual RAIN Internet Radio Awards. Today we are pleased to announce the advancing finalists in the “International Excellence in Online Audio” category. Continue Reading
Deezer has created its first ad spot for UK televisions. The colorful ad shows a series of characters that rhyme with the streaming service, such as geezer and crowd-pleaser. This spot is the first in a series of four, which promise to get ever-zanier with the rhymes. Continue Reading
Jacobs Media and the Public Radio Program Directors conducted the seventh edition of its annual survey to learn more about the preferences of public radio listeners. Among those respondents, public radio saw continued transitions to digital, with 19% of weekly usage happening on those channels. The survey also covered on-demand listening, mobile options, and sustaining memberships. Continue Reading
Triton Digital has announced that Macquarie Radio Network has joined a2x, Triton’s programmatic audio advertising exchange. Macquarie will put its digital audio inventory into the system, which Triton launched in Australia this past summer. Continue Reading
With no fanfare or PR announcement behind it, leading online radio service Pandora has launched a major TV spot schedule in the past week or so. Click through to watch the ad. Kurt Hanson analyzes the tone and positioning of the campaign. Continue Reading
There’s a new mobile radio app on the horizon. It’s called Mr. Yep, just Mr. It’s the work of Shellanoo, the same company behind the Music Messenger program. The service bills itself as “the world’s easiest to use music radio app.” And technically, that may be accurate. Continue Reading
CBS Radio has launched CBS Sports Radio Roundup, a 12-hour daily hosted Internet-only program that jockeys live sports-talk feeds from 15 major-market stations. That description is a mouthful, and possibly unique. Continue Reading
This week we are revealing finalists in the Sixth Annual RAIN Internet Radio Awards. Today we are pleased to announce the advancing finalists in the “Best Podcast Series” category. Continue Reading