Music Industry News

TuneIn Downplays Its Major Label Legal Defeat — “The Judgment Will Have Very Little Impact”

Last week, TuneIn suffered a legal defeat against two of the major labels on copyright infringement grounds. In the UK-based decision, TuneIn was found liable for streaming stations based outside of the country.  In his decision, judge Colin Birss in London found in favor of Warner Music Group and Sony Music Entertainment, while also issuing a […]

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Music Industry News

Pandora Integrates Stations and Podcasts Into Instagram Stories

More than a year after Spotify, Pandora is finally enabling sharing on Instagram Stories. In an effort to keep up with the competition, SiriusXM-owned Pandora is now allowing users to share content with friends through Instagram Stories.  This content can include songs, albums, podcasts, playlists, and stations. In essence, this enables Pandora users to share […]

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Music Industry News

Super Hi-Fi Granted a U.S. Patent for Its ‘MagicStitch’ Streaming Technology

Super Hi-Fi has announced that the U.S. Patent and Trademark Office has granted a patent on MagicStitch. MagicStitch technology uses artificial intelligence to identify and remove dead air.  The result is a cleaner listening experience between tracks. Super Hi-Fi says many streaming listeners complain about distracting transitions and jarring audio levels. MagicStitch is aimed at […]

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Music Industry News

iHeartMedia’s CEO Says ‘73% of Spotify’s Listening Comes from Just 3% of Their Audience’ — Spotify’s CEO Responds

Bob Pittman came out swinging against Spotify in iHeartMedia’s recent Q2 earnings call. Now, Spotify CEO Daniel Ek has responded. Pittman noted that quarterly digital revenue for iHeart increased by 32.8% year-over-year.  iHeart now reaches around 275 million Americans each month, which Pittman was quick to point out is more than the company’s two closest […]

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Music Industry News

SiriusXM’s Q2 2019 — 34.3 Million Subscribers and Pandora Radio’s Gross Profit Climbs 40%

SiriusXM has published its earnings report for the second fiscal quarter of 2019. In the first quarter of 2019 (Q1 2019), the satellite radio giant reached a new milestone, locking down 34.2 million subscribers.  The company’s pro forma revenue jumped 10% to $1.9 billion, up from $1.7 billion over the same quarter last year.  In […]

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Music Industry News

Apple Quietly Expands Siri Support for 100,000+ Radio Stations

Apple has added support for over 100,000 live radio stations through its integration with TuneIn and iHeartRadio. Siri users on iPhone, iPad, and HomePod devices can now access these radio stations. Apple first announced the upcoming integration at WWDC earlier this year. The live radio stations were billed as a fall iOS 13 feature, but […]

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Music Industry News

iHeartMedia Withdraws Its Estimated $1. 5 Billion Public Offering

iHeartMedia has withdrawn its IPO in favor of a NASDAQ listing. Instead of the expected IPO, iHeartMedia has received approval from NASDAQ to be listed and traded on the stock exchange. The Class A stock is expected to be listed on July 18th, and its symbol will be “IHRT. ” iHeartMedia originally planned to raise capital […]

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Music Industry News

iHeartMedia Partners With WPP to Launch Project Listen, a New Audio Advertiser Initiative

iHeartMedia has unveiled a strategic partnership. According to the major American broadcaster, consumer listening has reached an all-time high. On average, consumers listen to 17 hours of audio content a week.  Millennials and younger generations listen the most.  iHeartMedia attributed the strong increase to the growth in digital streaming, podcasts, smart speakers, and Apple’s AirPods. […]

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Music Industry News

As Peloton Battles Lawsuits, SoulCycle Launches Sirius and Pandora Channels

SiriusXM and SoulCycle have entered a partnership to create a new SoulCycle Radio station and bring select playlists to Pandora. SoulCycle Radio will feature music curated by SoulCycle instructors, with inspirational messages peppered throughout. The focus of the station will be mindfulness and healthy living. SoulCycle CEO Melanie Whelan says the partnership will help the […]

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