WMG boss: ‘We’re very happy that Spotify is investing in podcasting’
Having published its latest financial results this morning, Warner Music Group held its quarterly earnings call this afternoon, with CEO Steve Cooper and CFO Eric Levin fielding questions from analysis. One of those questions...
August 4, 2020
Spotify CEO talks Covid-19, artist incomes and podcasting (interview)
Spotify announced its latest financial results yesterday, with growth in listeners and subscribers at the top end of its forecasts, despite the Covid-19 pandemic. CEO Daniel Ek talked to Music Ally after the financials were...
July 30, 2020
Spotify now offers video podcasts as well as audio shows
'Audio-First' is how Spotify branded its push into podcasts last year. But as it turns out, even podcasts can be about more than audio: something recognised by Spotify yesterday when it launched "the first version of our...
July 22, 2020
TikTok star Addison Rae is launching a podcast on Spotify
Joe Rogan, Kim Kardashian West, Michelle Obama... and now Addison Rae. Spotify's lineup of podcast exclusives continues to swell, with Rae the latest to join its roster. She's currently the second most popular star on...
July 21, 2020
Spotify research explores dearth of UK podcast diversity
We reported recently on production company Broccoli Content's launch of an 'Equality in Audio' pact to change the lack of diversity in the podcasting industry. Spotify was one of the companies signing up – admittedly...
July 20, 2020
Spotify prepares to launch The Michelle Obama Podcast
Last June, Spotify announced an exclusive deal for podcasts from Michelle and Barack Obama's production company Higher Ground. More than a year later, there's news of the first show to result from the deal: The Michelle...
July 17, 2020
IAB report quantifies Covid-19 hit to US podcast ad revenues
Advertising industry body the IAB has published its latest figures on the podcast ads market in the US. "With an expected growth rate of 14.7%, US podcast advertising revenues are nearing the $1bn mark," it claimed. Are...
July 15, 2020
Pitbull signs LiveXLive deal for paid livestreams and vodcast
Pitbull is the latest artist looking to do more with livestreaming and video content, and he's found a partner to help. He's working with US firm LiveXLive in a "multi-year revenue-share content partnership" that will...
July 15, 2020
SiriusXM confirms Stitcher acquisition for up to $325m
We reported last week that satellite-radio firm (and Pandora owner) SiriusXM was in talks to buy podcasts company Stitcher. Yesterday, the deal was confirmed. SiriusXM is paying $265m in cash for the company, with up...
July 14, 2020
Spotify launches top and trending podcasts charts in 26 countries
More than 15 million people follow Spotify's 'Global Top 50' music chart, making it an important discovery channel on the service. Now it's looking to do the same thing for podcasts, albeit locally. This afternoon, Spotify...
July 14, 2020
Spotify snags $20m podcast advertising deal with Omnicom
Podcasts have sent Spotify's valuation soaring in recent weeks, but they're also starting to generate income for the company. Yesterday, it announced a 'strategic podcast advertising partnership' with advertising giant...
July 9, 2020