Tag: radio

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SiriusXM in talks to acquire podcasting company Stitcher

Spotify's market cap is $48.4bn at the time of writing, having grown by $6.5bn since we last checked in on 19 June – and then it had already grown by nearly $12bn in the previous month. As we explained then, it's the...
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The Rise and Rise of Music Podcasts

Podcasts are firmly part of our media diet – with some turning into huge brands and others happy to cater to the most niche of interests.  The podcast economy boom is now so great that not only did Spotify pay $100m to...
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MP3·com and MP3tunes founder Michael Robertson launches TuneRoom site

Among music industry executives of a certain age, the name 'Michael Robertson' may cause a shiver. His past ventures including MP3·com and MP3tunes sparked high-profile lawsuits from music rightsholders. In recent years,...
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Google is launching a three-day radio station this weekend

Apple has its Beats 1 radio station, but now Google has Nest Sessions. Alright, it's not quite on the same level of ambition. Described as "a mood-lifting music experience inspired by psychology", Nest Sessions will broadcast...
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Music Ally Startup Files: Radiant’s Spotify-powered DJ is an AI

Squeezing new uses from existing technology sparks creative revolutions. Dancing to recorded music was weird until someone who understood the crowd started to link the right songs together in the right place, and created...
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Spotify’s mantra for radio vs on-demand streaming: ‘Everything linear dies’

Spotify CEO Daniel Ek and CFO Paul Vogel have been fielding questions from analysts following the company's publication of its Q1 2020 financial results earlier today, and their interview with Music Ally shortly afterwards. There...
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Sonos launches its own ad-supported radio service

Connected-audio firm Sonos has always taken a Switzerland approach to supporting the various music streaming services, but it’s easy to forget that radio has been a big use case for its devices too, thanks to integrations...
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Opposition filed to Liberty Media plans to increase iHeartMedia stake

In December 2019, it was reported that media group Liberty Media was seeking to increase its stake in radio and streaming group iHeartMedia – possibly to a level that would give it control of the latter company. Now...
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iHeartMedia expands cost-saving measures to $250m this year

US radio and streaming giant iHeartMedia has announced plans to cut $250m of costs this year, in an expansion of its previous $50m plan to tackle the challenges posed by the Covid-19 pandemic. The measures include furloughing...
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Some iHeartMedia staff furloughed as CEO foregoes his salary

Last week, we reported on US radio, live and streaming group iHeartMedia withdrawing its financial guidance for 2020 and drawing on $350m of a pre-agreed credit facility to tide it through the coronavirus pandemic. However,...
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Deezer launches ‘Stay at Home’ hub for housebound listeners

There have always been plenty of ‘concentration’ or ‘focus’ playlists for people trying to get some work done while streaming music. Given the current situation, expect ‘working from home’...
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Study suggests country radio listeners DO want more women

Country radio stations in the US have been criticised strongly in recent times for their male-dominated playlists. A study published earlier this month by SongData’s Jada Watson showed why: women accounted for just 10%...