Spotify buys podcasting ad-tech firm Megaphone for $235m
Spotify announced its latest big-budget acquisition in the podcasting space yesterday: an advertising and publishing platform called Megaphone, for $235m in cash. The deal is about expanding Spotify's existing 'streaming...
November 11, 2020
Def Jam to launch fictional podcast featuring real artists
UMG's Def Jam Recordings is teaming up with iHeartMedia and podcasting firm Double Elvis Productions for a new show that will feature emerging artists from the label. 'Here Comes the Break' is more interesting than just...
November 10, 2020
Spotify survey hints at plans for podcasts subscription
Amid all the music industry speculation about whether podcast listening might in the future cannibalise not just streams of music, but royalties for it too, the assumptions were of a continuing single subscription covering...
November 9, 2020
Could podcast growth mean higher per-stream Spotify rates?
Midia Research has published a blog post about ‘understanding how Spotify thinks‘, spurred by its recent announcement of its new Discovery Mode feature – and the subsequent criticism from artists. It turns...
November 5, 2020
Spotify can’t just shrug off the latest Joe Rogan controversy
“A few people tweeting that they’re cancelling their Spotify subscriptions does not a firestorm make,” we wrote in our news bulletin yesterday, about the initial responses to Alex Jones guesting on Joe Rogan’s podcast. Well,...
October 29, 2020
Spotify Q3 financials reveal it now has 320m users and 144m subscribers
Music streaming service Spotify has announced its latest quarterly financial results. The company ended Q3 with 320 million monthly active users, having added 21 million during the quarter. Meanwhile, Spotify’s subscriber...
October 29, 2020
iHeartMedia is buying podcasting tech firm Voxnest
It’s open season for acquisitions of podcasting startups whose technology and/or shows seem appealing to a bigger fish. The latest example is Voxnest, a company that makes advertising tech for podcasting, and which is now being...
October 26, 2020
Spotify signs podcast development deal with Scooter Braun
Scooter Braun is a man with his finger in many pies, and now he's added podcasts to his pastry portfolio. In fact, his Ithaca Holdings company has signed a podcast development deal with Spotify (described as a 'first look'...
October 22, 2020
Report claims Spotify has overtaken Apple in key markets for podcast listeners
Reputable figures breaking down the global podcasts market are hard to come by, but there’s been a general consensus that Apple Podcasts (formerly iTunes) has been the biggest platform by far; that the rest of the market...
October 21, 2020
Spotify takes down four QAnon podcasts after media coverage
We don't have space here to go into the full lunacy of the QAnon conspiracists movement, and the unwillingness of the actual US president to disavow it. Suffice to say that YouTube, Facebook and Twitter are among the...
October 20, 2020
UMG and Wondery’s first podcast is a New Jack Swing docu-series
Back in April 2019, Universal Music announced a partnership to develop original shows with one of the biggest podcast production companies, Wondery. 18 month later, the first show is coming out this weekend. It’s called...
October 16, 2020
Spotify’s new format puts music in podcasts – and pays royalties
Podcasters regularly complain about the difficulty and/or cost of licensing commercial music for their shows. With hundreds of millions of people now listening to podcasts globally, there's a big opportunity for the music...
October 14, 2020