RAIN 4/14: Largest-yet RAIN Summit crowd enjoys top-notch speakers and content
THANKS TO ATTENDEES, PANELISTS, PRESENTERS AND SPONSORS FOR MAKING RAIN SUMMIT A SUCCESSWe also thank everyone for the great comments and feedback we’ve been receiving since Monday’s event. And we really appreciate those who helped us publicize the event through their own web sites and Twittering.
It was great to have NPR Digital Media SVP/GM Kinsey Wilson (pictured) there to speak of the success his company has enjoyed and the great product they create. We benefited from the perspectives brought by experts and companies that participated in the Summit for the first time (analysts from SNL Kagan and BIA/Kelsey come to mind, as do ESPN Digital, Clear Channel, Gap Broadcasting, and Bryan Broadcasting). And, not surprisingly, the most entertaining moments may have come at the “Beyond the Tower” panel that featured broadcast legend (and now full-time podcaster) Steve Dahl. The panel became something of an impromptu “intervention” for Dahl, staged by moderated Tom Webster (of Edison Research), in which the other panelists and attendees worked to come up with a podcasting business plan for Steve’s post-on-air career.
You’ll soon be able to access video content from the Summit and off-stage interviews of panelists and attendees, shot and produced by the pros at RTTNews.com. We’ll let you know in RAIN when it’s available. In the meantime, Tom Taylor in “Taylor on Radio-Info” has excellent coverage of three of our panels here.
We’re looking forward to meeting again at our second-annual RAIN Summit East in Washington, D.C. in fall. Stay tuned for details.
LAST.FM TO DROP ON-DEMAND SERVICE, BUT KEEP STREAMING RADIOCBS-owned Last.fm is terminating its “on-demand” music services, according to a company blog post. Instead, it will link users to services from Mog, Hype Machine, Spotify, Vevo and We7. “Consistent with how people have used Last.fm since the early days,” writes Matthew Ogle (here), “engagement with features like user profiles and personalised radio stations has remained much higher than usage of on-demand playback… Radio is one of our flagship music discovery features and has long been the most popular way to stream music on Last.fm; we’ll keep improving it in future.”
Last.fm’s streaming radio service (here) isn’t only more popular, it’s most likely cheaper than the on-demand service as well. ITProPortal.com notes (here), “Industry experts believe that Last.fm’s move to stop providing music streaming services was most likely to result in cost savings for the company in form of royalty payments for the music it was hosting. As of late, UK royalty collector PRS has increased royalty rate from from £0.0022 to £0.00085 per track while royalty rates in other countries like Germany are way higher.”
MUSIC TECH STARTUPS GETTING INVESTMENT IN Q1 2010The Indie Music Tech blog says there’s been almost $110 million in capital invested in music tech companies in the first quarter of this year. This represents sizable increases in both the number of investments and the total dollars over the same period in 2009 and 2008. Companies like Jelli, Guvera, Slacker, Spotify, MOG, Sonos and BlogTalkRadio all raised venture capital in the first quarter. Read more from Indie Music Tech here.
ANDO MEDIA INTEGRATES CAMPAIGN MANAGER WITH WIDEORBIT WO TRAFFIC SYSTEMAndo Media has partnered with WideOrbit’s for a system that will allow “stations to traffic both terrestrial and online ads in a single interface.” Broadcast stations that also stream get access to Ando’s “Campaign Manager.” WideOrbit’s president Bruce Roberts said the partnership “helps make it easier for media buyers to access our radio client inventory.”
RADIOTIME SAYS “TUNE-INS” UP 40% FEBRUARY TO MARCHRadioTime, which provides both tuning software (for consumer electronic devices) and a consumer-focused Internet radio aggregation and search service, its users tuned in to Internet radio more than 45 million times in March, 2010, up 40% over February. The Dallas-based company also announced it’s released applications for the Android and Palm webOS smart phone platforms. Read more in the press release here.
share: del.icio.us. Reddit Digg Yahoo Wink Windows Google Newsvine
Commenting is closed for this article.
RAIN has upgraded (and moved)!
RAIN 9/13: RAIN Summit Chicago takes place today!
RAIN 9/12: First Summit in RAIN's hometown takes place tomorrow
RAIN 9/9: Summer holidays, "doldrums" impact July Webcast Metrics, but audience up over last year
RAIN 9/8: Clear Channel launches new customizable iHeartRadio beta; RAIN goes hands-on
RAIN 9/7: Meet more speakers you'll hear at RAIN Summit Chicago in less than a week
RAIN 9/6: Clear Channel taps The Echo Nest to take on Pandora
RAIN 9/2: RAIN reviews Spotify's radio-like product Artist Radio
RAIN 9/1: UK online radio aggregator Radioplayer campaigns b'dcasters to create "all radio" ratings
RAIN 8/31: Execs from Merlin, Triton Digital, jacAPPS and more to appear at RAIN Summit Chicago