SoundCloud has just announced that it has secured $75 million investment from SiriusXM – which, remember, acquired another leading music streaming platform, Pandora, last year in a $3.5bn all-stock transaction.
Whether music or podcasts, on-demand listening is the greatest change to recorded music in the last decade. Yet satellite radio — launched before iTunes revolutionized how music is purchased — continues to thrive as streaming services flourish. SiriusXM’s 2019 earnings report, which dropped Tuesday, shows that the satellite radio service added 1 million subscribers and grossed $7.8 billion of revenue over the year.
Are you ready to rock? SiriusXM is counting down 1,000 of the most colossal classic rock jams in celebration of the eras that made the genre great. Tune in for the rock countdown to end all rock countdowns (the final countdown, if you will) and rediscover classic rock’s most crucial cuts with the Classic Rock Top 1,000 on Channel 30.
SiriusXM is offering an exceptional week of programming for Super Bowl LIV in Miami Beach, including multiple live broadcasts of the game in seven languages, a dedicated Super Bowl LIV pop-up channel, plus a wide-ranging mix of sports, entertainment and music programming that will connect listeners with many of today’s biggest stars.
SiriusXM recently set up shop in Hollywood, building studios and their own venue for intimate live shows, “The Garage,” in a Hollywood high rise. To celebrate their expansion in L.A., the satellite radio behemoth, which now carries more than 100,000,000 subscribers and listeners after their merger with streaming service Pandora, held a series of special events around L.A.
Pandora’s redesigned mobile app experience is today available to all users, following a limited rollout that began in October. The update expands on Pandora’s personalization capabilities with the addition of a new “For You” tab offering an entirely unique experience for each Pandora user, along with more station customization features, and other changes. Pandora hopes the features will help it better compete with rivals like Spotify and Apple Music in the months ahead.
Sway Calloway has been known to be one of the most well-respected hip-hop journalists and radio personalities to ever do it. Now, he’s taking his efforts to the next level: a whole festival under his name. For the first time, he will be teaming up with his home team SiriusXM and Pandora to launch the inaugural Sway Fest 2019.
More than three fourths of the American internet-using population over the age of 13 is now streaming music. That’s according to MusicWatch’s audiocensus Q2 2019 report on U.S. music consumption and listening habits, shared exclusively with Billboard in advance of its publication.
Pandora today announced a new integration with Instagram that will allow users to share to their Instagram Story their favorite music and podcasts.