iHeartMedia has withdrawn its IPO in favor of a NASDAQ listing.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 s…
Category archives: Online Radio
iHeartMedia Partners With WPP to Launch Project Listen, a New Audio Advertiser Initiative
iHeartMedia has unveiled a strategic partnership to improve audience engagement — and boost audio advertising spends. According to the major American broadcaster, consumer listening has reached an all-time high. On average, consumers listen to 17 hours…
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 f…
Jason Bentley Is Stepping Down as KCRW Music Director and ‘Morning Becomes Eclectic’ Host
Longtime indie curator Jason Bentley is stepping down as KCRW’s music director and host of Morning Becomes Eclectic. We’ve had the pleasure of interviewing Jason Bentley in the past, and exploring some of his philosophies on building everything from pl…
Pandora Launches an Advertising Consultancy to Improve Audio Ads… on Pandora
Pandora announces ‘Studio Resonate’ to help advertisers craft optimal audio commercials. Pandora, now wholly-owned by Sirius XM, just revealed Studio Resonate, an internal branch designed to help interested individuals, companies, and groups optimize t…
Post-Pandora Acquisition, SiriusXM Slashes 60 Positions
Last week, SiriusXM revealed its joint Q1 2019 financial report following its acquisition of Pandora Radio. The satellite radio company’s pro forma revenue jumped 10% year-over-year to $1.9 billion, up from $1.7 billion. Overall revenue grew 8% to $1….
Post-Ticketfly, Pandora Integrates Ticketmaster Shows Into Its Artist Streams
Pandora has officially announced its partnership with Live Nation-owned Ticketmaster. At its core, this partnership is designed to match fans with targeted concert tickets, specifically when the artist is top-of-mind. The tie-up means that live event …
SiriusXM CEO Jim Meyer Bags $17.6 Million In 2018 — And That Wasn’t Even the Biggest Payout
Making millions, but largely in stock options. Satellite radio giant SiriusXM has unveiled pay raises for its top staff. In a regulatory filing, SiriusXM has confirmed multiple pay raises for its top five executives. CEO Jim Meyer earned $17.6 million…
SiriusXM Strikes Back Against Spotify — Converts 22 Of Its Shows Into Exclusive Pandora Podcasts
SiriusXM is launching 22 new podcasts for Pandora and SiriusXM subscribers. The new podcasts repurpose many of SiriusXM’s most popular shows. SiriusXM finished its acquisition of Pandora just three months ago in a deal valued at $3.5 billion. These new…
SoundExchange Sues Music Choice Over a ‘Persistent Effort to Avoid Paying Royalties’
SoundExchange’s lawsuit alleges that cable-based streaming music service Music Choice is cooking its books. But is there more to this story? Another day, another contentious music royalty lawsuit. This time, the plaintiff is SoundExchange, a non-profi…