Broadcast radio continues to dominate as the most preferred source of in-car entertainment across the globe, according to a new international study from Edison Research. Ninety per cent of the survey respondents say a broadcast radio tuner should be standard equipment in every car, a trend that is consistent across age groups, indicating strong demand […]
Charlotte Moore, BBC Chief Content Officer, has announced the launch of a fund specifically targeted at the audio Independent Production Community. The Radio Indie Development Fund will see £250,000 annually allocated to back talented independent production companies, specifically supporting the BBC’s strategic priorities, with a current focus on its Across the UK plans and ambitious […]
US pay-radio operator, SiriusXM – majority owned by John Malone’s Liberty Media – has posted revenues of $2.2 billion (€1.9bn) for its 3rd quarter ended September 2021. This compares to year-ago revenues of $2.03 billion (up 9 per cent). The company has topped consensus revenue estimates four times over the last four quarters. The company […]
British radio listeners’ favourite stations should be protected for the future through new regulation so they can be accessed easily on smart speakers, according to a government-commissioned report. The Digital Radio and Audio Review found that smart speakers such as Amazon Echo and Google Home are owned or accessed by a third of all adults […]
Digital Audio (streaming radio and podcasts) currently represents a limited market in Latin America. In 2020, it generated only $25 million (€21.4m) in advertising; a figure that, comparatively, was equivalent to 5 per cent of the total income of traditional radio stations. However, a wide range of regional media types have started to embrace digital […]
Fans are enjoying more music today than ever before, according to the findings of Engaging with Music 2021, from trade body IFPI, which represents the recording industry worldwide. Report highlights include: Fans make their own listening choices thanks to streaming – The main reasons fans gave for their engagement with streaming were being able to choose their […]
BBC Radio will continue to broadcast the men’s Six Nations Championship between 2022-2025, following an agreement between the BBC and tournament organisers. As per previous years, every home nation game throughout the competition will be broadcast live on BBC Radio 5 Live or 5 Live Sports Extra, with all commentaries also available on BBC Sounds […]
The latest data from the BBC reveals there were a total 155 million plays for on-demand radio and podcasts on BBC Sounds this quarter, with 4.1 million plays for music mixes, up more than two million from this time last year. The average weekly BBC Sounds audience was 3.6 million across the app, website and […]
FreeWheel, a Comcast Company, announced partnerships with Cumulus Media and Triton Digital to bring Cumulus Podcast Network’s premium podcast inventory into the Strata media stewardship platform with industry-leading metrics and measurement. This partnership provides the 1100+ agencies using Strata’s platform with the ability to automate the podcast buying process within their existing platform workflow, including […]
The UK’s Competition and Markets Authority (CMA) has announced its intention to launch a market study into music streaming. Following discussion by the CMA Board, CMA will now carry out work to consider and develop the final scope of the market study, before formally launching it as soon as possible. The CMA has written to […]