Apple Is Now Charting AM/FM Radio With Help From Shazam
Apple has unveiled a series of Radio Spins charts, using Shazam's music recognition technology to analyze terrestrial radio airplay streams to keep daily updated charts of the top songs globally and by genre.
Acast Reports 24% Q2 Sales Growth, Despite Podcast Listen Drop
Podcast monetization platform Acast is showcasing its sales growth in its second-quarter earnings report, posting a 24% increase in net sales. The Swedish company says the highest-performing regions were North America and Europe.
iHeart Sprints Into 2024 Olympics With First Weekend Coverage
As the 2024 Summer Olympics begin in Paris, iHeartMedia is coming out of the blocks for its exclusive audio partnership with NBCUniversal. Events can be heard directly through iHeartMedia’s broadcast stations and on dedicated digital platforms via the iHeart app.
Spotify Adds Indie Publishing Library To Its Audiobook Selections
Spotify has announced a new partnership with Ingram Content Group to enhance its audiobook offerings. This deal will introduce titles from more than 100 independent publishers affiliated with Ingram to Spotify’s platform.
Liberty Media Sets SiriusXM Merger Completion for September
Liberty Media Corporation has announced the date it expects to complete its merger with SiriusXM to simplify the satellite broadcaster's ownership structure. "New SiriusXM" will combine multiple ticker symbols - including LSXMA, LSXMB, and LSXMK - into SIRI.
Pineapple Street Studios’ Union Strikes First Contract with Audacy
Members of the Writers Guild of America East at Audacy's Pineapple Street Studios have successfully ratified their first collective bargaining agreement. The three-year contract introduces salary increases and protections against the use of AI in content production.
Spotify Defies Q2 Expectations After Second Premium Price Hike
If there were doubts that Spotify's aggressive push for profitability would prove fruitful, those had to have been quashed on seeing the streamer's Q2 2024 results. Seven million new paid subscribers were added for the quarter, despite the second price hike in a year.
Programmatic Push Leads To Sales Team Layoffs At Spotify
Spotify is undergoing a reorganization of its ad sales division, dismissing 40 employees globally from its account and campaign management teams. This comes as the streaming giant focuses on programmatic advertising for small- and medium-sized businesses.
Spotify Introduces AI DJ Livi for Spanish-Speaking Users
Spotify has announced the expansion of its AI DJ feature to Spanish-speaking Premium users worldwide. Originally launched in English, the new AI DJ is the streamer's attempt at a more radio-like music experience for Spanish-speaking users.
AI Audio Platform Wondercraft Welcomes Former Canva Exec
AI-driven audio production platform Wondercraft has boosted its executive team with the hiring of former Canva product designer Didier Sibellas as its new Head of Design. This matches Wondercraft's goal of becoming the "Canva for Audio," as it calls itself.
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