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Read all the latest news on the media industry, communications and top publishers, summarized by Moonshot News.

Booming sales of audio books

Audio book sales booming during pandemic

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Digital audiobooks continue to be the fastest growing segment in publishing. Publishers are making more money and with increased production, customers are getting more to choose between. The audio books
streaming video taking over pay TV

Streaming on its way to overtake pay-TV

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Streaming will overtake pay-TV in terms of US consumer spending by 2024. Pay-TV services fell by 8% in 2020, totaling USD 90.7 billion and the decrease will continue, with pay-TV
Netflix to open in Stockholm

Netflix to open Nordic hub in Stockholm

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Netflix announced the company is opening a Nordic office based in Stockholm. The office will open in the second half of 2021. Lina Brouneus, Netflix director of acquisitions and co-productions
Spotify Q1 report

Spotify reports slow growth in Europe

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Spotify says it expects total premium subscribers around 162 million to 166 million for the second quarter with a total revenue in a Euro 2.16 billion to Euro 2.36 billion.

Philippine investigative journalist gets UNESCO Award

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Investigative journalist and media executive Maria Ressa of the Philippines has been awarded UNESCO’s World Press Freedom Prize. She has in recent years been attacked by authorities for her independent
Spotify Q1 report

Spotify challenging Apple

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The competition for the leader position on the podcast market has taken another step. Spotify announced its own paid subscription platform where podcasters can charge extra for exclusive content. The
Springer appointing publishing CEO

Springer appointing publishing CEO

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Claudius Senst (35), Chief Operating Officer at Springer-owned Insider, has ben appointed Chief Executive Officer at the company’s BILD Group and WELT Group. In this newly created position, Senst will
Mediaset going pan-European

Berlusconi’s Mediaset going pan-European

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Italian commercial broadcaster Mediaset, owned by Berlusconi family, announced that it is planning a European expansion and that it will move its headquarters from Milan to the Netherlands. “We believe
Clubhouse signing agreement with NFL

Playing football in the chatroom

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Social audio chat Clubhouse announced an agreement with the US professional National Football League (NFL) that will broadcast via a range of Clubhouse chatrooms. It is the company’s first agreement

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