Audio Ink

On Monday, Pandora announced it has generated more than $2 billion in royalties for artists and songwriters, nine months after announcing it had hit $1.5 billion in royalties paid out.

It’s a story that sounds like modern fiction. Two high school wrestling teammates, whose lives went in opposite directions – one became a drug trafficker, the other a DEA agent – only to come together again.

In Triton Digital's November 2015 monthly ranker, overall streaming was up when compared to November 2014. Average Active Sessions in November increased 14.6 percent during the Monday - Friday 6A-8P daypart and 14.4 percent during the Monday - Sunday 6A-Midnight daypart.

The news was sent out to over 5,000 customers using the service, announcing the shutdown would be January 31. Live 365 had hinted earlier this year that the new royalty rates were the reason it might shut down. Here's the message customers received this week.

The Register is reporting that streaming pioneer Live365 has laid off a "significant" chunk of its staff and may have to shut down soon if it does not get funding. Two weeks ago Live365 said it had lost the support of its investors. The new royalty rates set by the CRB may have something to do with the challenges the company is facing. Live365.com launched back in 1999.

iHeartMedia announced Thursday the full line-up for its Daytime Village at the 2016 iHeartRadio Music Festival. The Daytime Village will return to the Las Vegas Village across from the Luxor Hotel and Casino on Saturday, September 24, ­ between the two nights of the sixth annual iHeartRadio Music Festival in Las Vegas on September 23 and 24.

200 programs generated 1.5 Billion downloads for PodcastOne last year and CEO Norm Pattiz says so far so good.

As of January 29, iTunes Radio will no longer be free. The service which was launched back in 2013 will cost $10.00 per month. Beats 1 will be the only music service available for free from Apple. Apple notified customers last week by e-mail. Here's what an Apple spokesperson told Buzzfeed about the change...

Each podcast is dedicated to covering timely issues impacting radio. A new NAB podcast will be released every other Tuesday. Each episode is 15 minutes long and is available publicly for two weeks. Then, it will be archived for NAB members-only access at nab.org/podcasts. LISTEN HERE.