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SiriusXM Takes $1B Pandora Hit Due To ‘Royalty Cost Structure’
Hypebot reports: "SiriusXM added 909,000 new subscribers last year, bringing their total monthly self-pay subscriber base to a record of 30.9 million at the...
Apple Mulls Podcast Subscription Push Amid Spotify’s Land Grab
Billboard reports: "The iPhone giant has explored adding a paid audio product, a risky move given the proliferation of free, ad-supported programming."
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Instagram lead says he’s not happy with Reels yet and might...
The Verge reports: "Adam Mosseri, the head of Instagram, isn’t thrilled with the platform’s TikTok competitor Reels. He discussed the format, which launched in...
Facebook and Instagram’s AI-generated image captions now offer far more details
TechCrunch reports: "Every picture posted to Facebook and Instagram gets a caption generated by an image analysis AI, and that AI just got a...
Clubhouse Update: New Funding, 2M Users, Creator Monetization
Hypebot reports: "Clubhouse has passed 2 million users and is in the midst of a new funding round that sources say is based on...
Social Media Ad and Video Spend Skyrocketed in Q4 2020
Social Media Today reports: "Socialbakers' Q4 2020 Social Media Trends Report, shows us how quick advertising behavior can change."
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Apple Services Hits Record $15.8 Billion in Quarterly Revenue
Billboard reports: "Apple's services division hit an all-time revenue high during the final three months of the year. The group, which accounts for sales...
YouTube Copies Twitch With Clips
Hypebot reports: "YouTube is copying one of Twitch’s most popular features Clips in an extensive new test."
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CNN Ends Facebook Video Deal, Moves ‘Go There’ Daily Show to...
Variety reports: "CNN’s “Go There” live daily news show — after a year and half on Facebook Watch and just over 600 episodes —...
Russian mobile game publisher Nexters will go public via a SPAC...
VentureBeat reports: "Mobile game developer and publisher Nexters Global announced it will go public, raising money at a $1.9 billion enterprise value via a...
