By
Paula ParisiSeptember 21, 2023
Recorded music revenues in the United States reached $8.4 billion for the first half of 2023, an all-time high for the period that translates to a 9.3 percent increase, according to the Recording Industry Association of America (RIAA). Streaming continued to thrive, accounting for a whopping 84 percent of the six-month revenue total, or $7 billion. Total revenue from paid subscription services grew 11 percent to $5.5 billion, nearly double the growth in the number of individual paid accounts, which rose by just over 6 percent year-over-year, to an average of 95.8 million accounts. Continue reading Streaming Drives Music Revenue in the U.S. to a New Record
By
Paula ParisiSeptember 19, 2023
California lawmakers have put data brokers on notice. A bill known as the Delete Act would allow consumers to require all such information peddlers to delete their personal information with a single request. The bill defines “data brokers” as any number of businesses that collect and sell people’s personal information, including residential address, marital status and purchases. Both houses last week passed the proposed legislation — Senate Bill 362 — and it now heads to Governor Newsom’s desk. If he signs it, the new law will go into effect in January 2026. Continue reading California Plans to Protect Consumer Privacy with Delete Act
By
Paula ParisiSeptember 18, 2023
Spotify is adding a new tool called Showcase that lets artists promote their work in the app’s homepage feed. Showcase “appears as a mobile banner at the top of Spotify’s Home — the most visited place on Spotify, where millions of listeners come to decide what to listen to, resulting in billions of streams each day,” the streamer says, adding that “people who see a Showcase are 6x more likely to stream the promoted release.” The banners will carry labels indicating a recommendation is sponsored. The company is also launching a marketing tool called Songwriter Promo Cards to assist with discovery. Continue reading Spotify Lets Artists Pay to Get Home Feed Recommendations
By
Paula ParisiSeptember 15, 2023
Free video streaming service Crackle has become one of the first third-party publishers to support Amazon Interactive Video Ads. The integration via the Crackle Connex sales arm will let consumers learn more about a product or add a product to their Amazon shopping cart directly from the screen during an ad break. Crackle parent company Chicken Soup for the Soul Entertainment is expected to add Amazon ads to its Chicken Soup for the Soul and Redbox VOD apps in the future. The agreement also allows Amazon Fire TV customers to watch free movies and TV shows via Redbox. Continue reading Crackle Using Amazon Tech to Test Interactive Shopping Ads
By
Paula ParisiSeptember 14, 2023
TikTok had a high-profile at New York Fashion Week, courting the marketing departments of companies including Gucci, Madewell and H&M at a splashy event at the East Village restaurant Cathédrale, decorated with mannequins bedecked in TikTok-inspired togs and a video wall featuring the “little luxuries” touted by TikTok users. While TikTok has succeeded in making itself a mandatory advertising outlet for many brands, the Fashion Week outreach was part of the platform’s effort to transition to a sales platform in its own right as after a year of testing it finally rolls out TikTok Shop for all U.S. users. Continue reading TikTok Shop Rolls Out to U.S. Users Following Year of Testing
By
Paula ParisiSeptember 12, 2023
Marching toward its goal of eliminating third-party cookies from its Chrome browser by the close of December 2024, Google has generally released its APIs for Privacy Sandbox, its privacy-oriented solution to cross-site consumer tracking cookies. The new system has begun shipping with the latest version of Chrome. The Privacy Sandbox tracks topics of interest based on browsing patterns and lets advertisers use that data to serve relevant ads. While clicking “got it” to close your first Sandbox pop-up activates the new system by default, it can be turned off by visiting the privacy settings. Continue reading Google Is Replacing Cookies with Privacy Sandbox in Chrome
By
Paula ParisiSeptember 11, 2023
YouTube is increasingly popular among connected TV (CTV) viewers who no longer turn to the social video service only for music videos or one-off skits. YouTube says that in the U.S., 65 percent of CTV watch time is on content that is 21 minutes or longer. The shift has prompted the Google-owned platform to change its approach to display advertising. The company is experimenting with longer but fewer ad breaks and limiting creator control with regard to ad placement on new videos. A new countdown timer more prominently displays the time until an ad ends or can be skipped. Continue reading YouTube Connected TV Popularity Prompts Ad Break Testing
By
Paula ParisiSeptember 7, 2023
E.W. Scripps subsidiary Nuvyyo has released a redesigned version of its Tablo DVR that will “better meet the needs of consumers by providing an enhanced over-the-air TV experience with content recommendations and a curated selection of free ad-supported streaming TV channels integrated into the live TV program guide,” the company explains. The puck-like device is available for a one-time hardware fee, with no subscription, contracts or fees required. The Tablo sells for $99.95 at TabloTV.com, Best Buy and Amazon, while the Tablo Total System, which includes a 35-mile indoor TV antenna, is available for the promotional price of $109.95 and will later cost $129.95. Continue reading New Tablo DVR Integrates FAST for Free All-in-One Solution
By
Paula ParisiAugust 23, 2023
A draft agreement said to have been presented by the U.S. government to ByteDance that would let TikTok avoid a federal ban seeks “near unfettered access” to company data and “unprecedented control” over platform functions. The nearly 100-page document, reported on this week, seeks control federal officials don’t have over other media outlets — social or otherwise — raising domestic concerns about government overreach. The draft dates to summer 2022. It is not known whether it has been updated or if the secretive negotiations between ByteDance and the Committee on Foreign Investment in the United States (CFIUS) have since continued. Continue reading Plans for TikTok Containment Would Give Feds Broad Power
By
Paula ParisiAugust 22, 2023
Amazon continues to expand its FAST portfolio, updating the Fire TV app with new channels from Variety, GameSpot, Rolling Stone, The Hollywood Reporter, Billboard, Funny or Die, TVLine, Honest Trailers, Looper, Slash Film and more. They join the 400-plus Fire TV Channels that Amazon launched in May when the free streaming service debuted with content ranging from sports and entertainment to cooking, travel and gaming, featuring brands such as ABC News, FOX Sports, CBS Sports HQ, IGN, IMDb and Martha Stewart. In addition to responding to Alexa voice commands, Fire TV features a newly introduced navigational sidebar for browsing. Continue reading Amazon Updates Fire TV: New Channels, Sidebar Navigation
By
Paula ParisiAugust 17, 2023
TiVo has indicated it will enter the North American smart television set market, announcing a “multi-year, multi-million-unit agreement” with Sharp that will see sets start to ship in 2024 beginning in Europe. The move to populate the TV ecosystem with hardware running Xperi’s TiVo OS pits the company against an entrenched group of smart TV competitors that includes Amazon Fire TV, Android TV, Google TV, Roku, Samsung Tizen and LG Electronics’ webOS. Added to those is the Comcast and Charter Communications Xumo brand, and also Telly, which offers free TVs supported by ads. Continue reading Xperi Advances Its Plan for TiVo OS Smart TVs in Sharp Deal
By
Paula ParisiAugust 15, 2023
X is developing a video-calling feature to add as part of its rebranding as an “everything app.” X CEO Linda Yaccarino shared the news in her first television interview since leaving NBCUniversal to become head of Elon Musk’s social media platform in June, when the platform was still known as Twitter. Yaccarino said X users will soon be able to make video calls based on their social ID alone, without sharing phone numbers. Long-form videos, creator subscriptions and the ability to make payments on the platform are additional features that Yaccarino explained will be coming to X. Continue reading Yaccarino: X Getting Video Calls with Its ‘Everything’ Rebrand
By
Paula ParisiAugust 11, 2023
WeAre8 is a different kind of social media platform making its U.S. debut a year after launching in the United Kingdom, Australia and New Zealand. The socially conscious mobile app prohibits hate speech and pays its users to watch ads. Earned funds can be withdrawn or directed to causes like Save the Children, Feeding America and Water.org. The app prohibits tobacco, big oil and gambling interests from advertising. Backed by publishers including The Independent, Warner Bros. Discovery and LADbible Group, WeAre8 hopes to attract 80 million users in two years. Continue reading Publishers Get Behind New Social App to Fund Good Causes
By
Paula ParisiAugust 9, 2023
Paramount Global has agreed to sell publishing giant Simon & Schuster to private equity firm KKR for $1.62 billion in an all-cash transaction. Paramount Global President and CEO Bob Bakish said the transaction “delivers excellent value to Paramount shareholders while also positioning Simon & Schuster for its next phase of growth with KKR.” On closing, expected in the first half of 2024, Simon & Schuster will become a standalone private company under the continued leadership of President and CEO Jonathan Karp and COO and CFO Dennis Eulau. Continue reading KKR Will Pay $1.62 Billion for Paramount’s Simon & Schuster
By
Paula ParisiAugust 7, 2023
Amazon’s AWS cloud-computing unit generated $22.1 billion in Q2, a 12 percent year-over-year gain that was a highlight in a strong quarter for the e-commerce giant. The company generated a total of $134.4 billion in revenue for the period ending in June, an 11 percent increase over the prior year. Advertising was also strong, jumping 22 percent to $10.68 billion. Cost-cutting and rebounding e-commerce helped propel the Seattle-based company to a quarterly profit of $6.75 billion (its strongest performance since Q4 2021), which contrasted sharply with a loss in the same period last year. Continue reading AWS, Advertising Drive Amazon to 11 Percent Revenue Gain