Spotify’s Q3 Stuns Analysts After Extreme Podcasting Cuts
Spotify turned heads on Tuesday with the release of its fiscal third-quarter earnings. The music streaming giant recorded a net profit of €65 million ($69.1 million), a notable achievement considering analysts had anticipated a loss for the quarter.
Apple Spending $1B To Catch Up With Spotify, Google On AI
Apple is revving up its efforts in Artificial Intelligence with a focus on generative AI technology, as it seeks to catch up with competitors like Spotify on the audio streaming side and Google and Microsoft on the product side.
SiriusXM Preps Full Court Press For Upcoming NBA Season
SiriusXM is stepping up to the line to deliver audio coverage for the 2023-24 NBA season, broadcasting every game from Opening Night through to The Finals. The coverage includes the NBA's new In-Season Tournament featuring all 30 teams.
Free AI-Driven Web Tool Promises To ‘Denoise’ Audio Recordings
Tackling the persistent issue of background noise in audio recording, music software developer Tape It has unveiled its AI-driven Denoiser. The web-based application is designed to automatically eliminate environmental and electrical noises for "studio-quality output."
Spotify Brings Back Billboard Music Awards For 2023 With A Twist
With the help of Spotify, the 2023 Billboard Music Awards is breaking away from traditional network telecasts to go fully digital. Dick Clark Productions and Billboard are joining forces with the company for the all-streaming show set for November 19.
SiriusXM Targeting New Subscribers In Hyundai Service Bays
Hyundai Motor America and the satellite broadcaster have agreed to continue via the Service Lane initiative. The program enables the automaker's service centers to offer a free three-month SiriusXM Platinum Plan subscription to eligible customers after routine maintenance.
Spotify Opening Dedicated In-App Artist Merch Shopping Hub
After 2022's Spotify Wrapped event led to the highest-grossing week for artist merch sales in the company's history, the streamer is adding a dedicated Merch Hub to its app. The hub will feature personalized recommendations based on users' listening history.
Authors Concerned About Royalties In Spotify’s Audiobook Push
Spotify's recent announcement to offer 15 hours of audiobooks per month for its paid subscribers has raised concerns in the literary world about potential impacts on authors' royalties, according to a UK union.
Veritonic Cooks Up Analytics For ‘Baked-In’ Audio Ads
Veritonic has unveiled a new feature allowing clients to measure the effectiveness of embedded audio ads through pixel-based brand lift metrics, adding to study of over-the-air and low-impression campaigns.
WWDD? Dolly Parton Starts Limited Streaming Radio Show
Country music legend Dolly Parton is launching a four-part radio series titled What Would Dolly Do? Radio on Apple Music 1, Apple's global live-streaming radio station. The series will debut on October 25 and air weekly on Wednesdays.
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