Ireland’s new media regulator and media development agency, Coimisiún Na Meánm has approved funding of €2.4 million for the independent commercial radio sector under the Sound & Vision 4 Broadcasting Funding Scheme. Allocations to individual radio stations range from €35,000 to €95,000. The Minister for Tourism, Culture, Arts, Gaeltacht, Sport and Media, Catherine Martin TD, […]
US pay-radio operator SiriusXM declared Q3 revenues were flat at $2.27 billion (€2bn), just short of the $2.29 billion expected.Nevertheless, the company confirmed the increased quarterly dividend of $0.1064 per share which converts to a yield of 2.5 per cent. In summary, SiriusXM earnings growth was -3.98 per cent, a slight improvement on the same […]
Pay-radio operator SiriusXM says it will boost its quarterly cash dividend to shareholders by 10 per cent. Sirius XM Holdings Inc, the parent company, announced that its Board of Directors declared a quarterly cash dividend of $0.0266 per share reflecting an increase of approximately 10 per cent over the previous quarter’s dividend. This regular quarterly […]
SiriusXM, the US pay-radio service, and Fox News Media have announced a new long-term agreement to continue carrying Fox News Channel (FNC), Fox Business Network (FBN) and Fox News Headlines 24/7 exclusively across SiriusXM’s platforms. Additionally, Fox News On-Demand Audio will remain available on the SiriusXM app. Jay Wallace, President and Executive Editor of Fox […]
US pay-radio operator SiriusXM, in the process of being fully absorbed by Liberty Media, is about to unveil a new-look streaming tool, mobile App and in-car innovations as well as a new logo. An event is scheduled for November 8th when the full portfolio will be showcased to press and shareholders. The need for a […]
YouTube has launched a new Podcasts destination page on YouTube Music in the UK, which will provide an expansion as to how users can consume podcasts. Users now have the ability to watch and listen to podcasts on YouTube Music without requiring a paid membership, pivoting between an audio and audiovisual experience with the ability […]
The BBC World Service and BBC Sounds have announced the launch of a new podcast, Amazing Sport Stories. A BBC press release said: “This is about sport but not as you know it. Think underdogs, myths and drama. There are other podcasts about champions, team news and millionaire superstars – this one is about courage, […]
Liberty Media, which already controls US pay-radio service SiriusXM, plans to combine the two businesses, and then spin-off the radio company in a typical move by cable giant John Malone. The proposed scheme aims to spin off (or “split off”, in the words of the proposal) the then Liberty SiriusXM Group or LSXM, the group […]
Audible, a creator and provider of audio storytelling, has announced the first ever audio original set in the Buffy the Vampire Slayer universe. Slayers: A Buffyverse Story is set to premiere October 12th, twenty years after the finale of seminal TV series Buffy the Vampire Slayer. The audio original was written by original cast member […]
North American pay-radio operator SiriusXM has been hit with a $150 million (€138m) claim from SoundExchange alleging unpaid royalties and late payments. The action was started in the US District Court for the Eastern District of Virginia. Specifically, the lawsuit alleges that SiriusXM used an artificially low revenue calculation to determine payments by ascribing “excessive […]