UMG CEO Lucian Grange Praises Audio Streaming Price Hikes
Universal Music Group CEO Lucian Grange applauded the recent announcements by Spotify and YouTube Music for subscription price hikes during UMG's Q2 earnings call. The $1 per month raises will, of course, augment streaming audio revenues for UMG's artist line-up.
Spotify CEO Wants More A.I. Generated Ads On The App
Spotify, in its quest to further harness artificial intelligence, is contemplating the introduction of new features that will boost user engagement and streamline operations. CEO Daniel Ek shared these insights during Spotify's second-quarter earnings call.
A.I. Lends A Helping Hand To Benztown’s Production Library
Benztown Branding has announced a significant enhancement to its audio imaging libraries, integrating artificial intelligence to supercharge its search functionality. The upgraded AI capabilities offer audio producers quicker and more efficient ways to organize and sort content.
Spotify Takes It On The Chin In Q2 From Huge Podcast Losses
Spotify experienced a financial hit of €39 million linked to its podcast ventures and the termination of several high-profile contracts, according to the company's Q2 financials. The streamer has been scaling back its podcast division after allocating millions to its expansion.
Spotify Joins Wave of Music Streamers Raising Monthly Prices
After making hints in their Q1 earnings call, Spotify has joined a number of subscription services, including YouTube Music, in raising its monthly prices. The company has announced a $1 per month increase.
SiriusXM Has Chaotic Week Ahead Of Q2 Annoucement
On Friday, SiriusXM’s shares experienced a significant drop - decreasing by $1.13, or 14.5%, to $6.67 on the NASDAQ Exchange. While some of that dip has recovered, the change has been attributed to a stock short-squeeze scenario.
SiriusXM Scores FIFA Women’s World Cup Coverage With FOX
As the United States Women's National Team sets its sights on a third consecutive World Cup title, SiriusXM has announced its coverage plans for the FIFA Women's World Cup 2023 in conjunction with FOX Sports for the next month.
SiriusXM Follows The Hunt For The Claret Jug At The Open 2023
SiriusXM has announced comprehensive coverage of the 151st Open golf championship, July 20 through 23 at Royal Liverpool in Hoylake, England. The broadcast will feature 45 hours of live on-course coverage as top golfers vie for the Claret Jug.
VSiN Finds Outlet Expansion On Streaming-Only Talk Radio
Digital broadcasting platform VoiceAmerica is launching a new channel dedicated to sports and wagering backed by sports betting network VSiN. The VoiceAmerica Sports and Gaming Channel aims to cater to the rising demand for sports betting content
Apple Music Grabs Majority Demo Share Of The iTunes Generation
Who uses Apple Music? That's the subject of the latest study by Consumer Intelligence Research Partners (CIRP) into Apple's service offerings. The research shows distinct trends tying a key demographic to the subscription-based audio streamer.
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