Shazam has reportedly filed financial results for its entire 2014 financial year. While the sound identification app did post solid numbers in terms of audience base, it still had losses overall in the period. Revenue at Shazam in 2014 totaled about £36 million, but the net loss was £14.8 million. The results did reveal nearly 120 million monthly active users for the service, though. Continue Reading
Brief news items and worthy reads from around the web: Streaming may mean the end fall blockbuster albums; a data scientist finds the most timeless songs; Wired on Internet radio comeback. Continue Reading
Pandora’s Australian team is seeking a new commercial director. Jon Stubley, who most recently held the job, announced his departure from the company after two years in order to spend more time with family. Before Pandora, Stubley also worked at Macquarie Radio and the Australian Radio Network. Continue Reading
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The weekly update of the streaming audio industry, from RAIN News. THIS WEEK: PodcastOne expands the sales effort; do consumers like connected cars? TuneIn starts monthly subscriptions; Neil Young shouts out. Continue Reading
The Swiss Radio Day included a presentation of research into digital listening within Switzerland’s radio audience. The Digital Migration working group’s recent research found that 45% of all radio listening in the nation happens on digital channels. DAB+ is responsible for about half of that figure. At this stage, DAB+ and the Internet are equally popular among listeners. Continue Reading
Ian Rogers has resigned from Apple. Rogers was the CEO of Beats Music prior to its acquisition by the tech company, and was one of the key leaders in creating the Beats 1 radio component of Apple Music. The Financial Times first reported the departure, noting that Rogers will be heading to Europe for a position in an unrelated industry. Continue Reading
Social media platform Vine announced an expansion of its audio capabilities. The service, which lets users film six-second looping videos, will now have options for seamlessly adding music to content directly within the app with the optional Snap to Beat feature. You can add music from your phone to videos directly through Vine, or you can browse the newly added Featured Tracks section. Continue Reading
Yesterday, we reported on PRS for Music’s lawsuit against SoundCloud. Today, the plaintiff got a statement of support from their fellow Brits at BASCA. “We acknowledge that streaming is a fantastic means of listening to and enjoying music but SoundCloud’s intransigence in refusing to be licensed through PRS For Music means their model financially damages our members,” CEO Vick Bain said. Continue Reading
Earlier this week, Bill Simmons announced on Twitter that he will be launching a new podcast in the fall. He has a new contract with HBO that begins in October. Simmons’ tweet only promised a “new name, new sponsors” for the upcoming show, and HBO has not provided any other details about what his return to podcasting will sound like. Continue Reading
Billboard conducted an anonymous survey of music industry leaders, gathering expert opinions on everything from the sector’s business outlook to favorite artists. The business questions also revealed intriguing insights, including a view of which music companies are the industry darlings and which are not. Continue Reading
Apple Music is positioning itself as a curation-focused service, where you’ll hear tunes recommended by trusted tastemakers. Apple has expanded its knowledge in Latin music thanks to a new deal with Remezcla. The Latin American culture outlet will curate Latin content for the tech company’s music streaming service. Continue Reading
We heard rumblings that SoundCloud might face legal action from the major labels, but the one to strike first is actually a UK collection society. PRS for Music is suing the online audio platform because SoundCloud does not have a license for the UK or Europe to play tracks that include material it represents. Continue Reading