Deezer, the global audio streaming service, has announced that Jeronimo Folgueira has been appointed as the company’s new CEO. He takes over the position from Hans-Holger Albrecht who has been responsible for the company’s transformation and growth since 2015. Albrecht will continue to support Deezer as a Member of the Board of Directors. The transition […]
UK broadcast regulator Ofcom is consulting on its provisional views on the market position and impact of BBC Sounds, the Corporation’s streaming media and audio download service that includes live radio, audio-on-demand, and podcasts. The service is now established within the BBC’s audio offer, so Ofcom suggests it is appropriate to take stock of BBC […]
Jennifer Witz, pay-radio broadcaster SiriusXM’s CEO, told analysts that the business was the most profitable audio company in the world, and that SiriusXM had achieved record low Q1 churn (of 1.6 percent) and helping revenue growth of 5 per cent and EBITDA up 7 per cent. “This was the highest single quarter EBITDA figure in […]
In the Nordics, approximately 3 million people (equivalent to 15 per cent of the population 15–74-year-olds) listen to podcasts on an average day, according to Mediavision’s Q1 figures. Spotify and Apple are two of the main players in the market. Among those who listen to podcasts, 37 per cent choose to listen via Spotify while […]
Deezer, a global audio streaming service, and Globoplay, the Brazilian video streaming provider, have signed a new strategic partnership. As part of the deal, all Globoplay’s users can now subscribe to Deezer Premium for free for 12 months. This gives them unlimited access to all of Deezer’s Premium features and a catalogue of 73 million […]
ACCESS Europe has partnered with Stingray Group, the music, media and technology company, to bring streamed music services to the car for the US and Canadian markets initially. Through this partnership, ACCESS Europe will make Stingray’s local and global content available in the car through its In-Vehicle Infotainment (IVI) platform, ACCESS Twine for Car 3.0 […]
There’s a strong likelihood that US pay-radio operator SiriusXM will reach – and perhaps top – $2 billion in overall revenues this quarter-year. It will declare its results on April 28th. Analysts at financial services business Zacks say they expect SiriusXM to report its quarterly numbers in the range of $1.98-$1.99 billion. The operation was […]
Music streaming service TuneIn has lost a long-running Copyright infringement appeal in the UK courts. The London Court of Appeal has found in favour of an action brought in 2017 by Sony Music Entertainment and Warner Music. The music giants argued that TuneIn lacked a licence to play music in the UK. Back in November […]
Following a public consultation, Ofcom has approved a request from Bauer Radio Limited to change the Format of one of its Greater London licences, which broadcasts as Absolute Radio on 105.8FM. A station’s Format describes the type of programmes it is required to provide under its licence. This includes a description of the ‘character’ of the service. […]
Music streaming service Spotify is adding 85 new international market to its portfolio of coverage. Sweden-based Spotify says the expansion adds 1 billion potential listeners around the world. Currently Spotify claims 343 active users spread over 93 countries. “Together these markets represent more than a billion people, with nearly half of them already using the […]