On Tuesday (March 11), CFO Tom Barry said the company saw an advertising “drop-off” from tariff concerns and that it remains “cautious about where the ad industry is going."
Also this week: Virgin hires an evp of global partner relations, BMG combines two crucial teams and SharpTone has a new head of label.
Also this week: Kobalt has a new GM in Stockholm, Partisan picks a CFO, the Country Hall promotes five and DTI hires Mike Faul to lead its brand partnerships division.
Declines in subscriber and advertising revenue in 2024 reinforce the company's pivot away from streaming and towards a focus on core in-car listeners.
Cooper's Unwell Network’s will begin broadcasting Unwell Music and Unwell On Air next month.
Ferradas was previously at Dale Play Records.
Only a year after the launch of the app, which failed to take off with its intended audience, the company decided to re-emphasize its strong suit: in-car listening.
The satellite radio giant also announce the departure of its chief product and technology officer and the hiring of a chief operating officer.
Check out a bit of the exclusive interview that will debut on Thursday (Nov. 28) on the Life With John Mayer channel.
The audio entertainment giant's merger with parent company Liberty Media's tracking stock in September triggered a $3.36 billion write-down of certain assets.
