The Swedish audiobook market shows signs of strength according to Mediavision analysis. Total revenues for the Swedish audio streaming subscription market grew by SEK 100 million in H1 2021, compared to the same period in 2020. There are however indications of household penetration approaching maturity. Recent years have been eventful for the Swedish audiobook industry. […]
Programmatic video platform Tremor Video, has unveiled a new programmatic audio solution for advertisers designed to expand seamlessly their digital strategies beyond – or in concert with – video and Connected TV (CTV). The offering is powered by Tremor’s premium supply arrangements, which include AdsWizz and UNIFD.LA. “With audio content continuing to grow and gain […]
WARC, the global authority on marketing intelligence, has unveiled the results of a study conducted in collaboration with iHeartMedia, the US audio media company, on media consumption and audio investment in the US. The report highlights a divergence between consumption and investment. While 31 per cent of the average consumer’s media consumption is now audio, […]
At the start of August, Maxar Technologies received an order from pay-radio broadcaster SiriusXM for a new satellite, SXM-9. Now Maxar has confirmed another satellite order for SiriusXM, its SXM-10 craft. “Maxar has been manufacturing communications satellites for SiriusXM for decades, and we’re proud to continue this relationship for both SXM-9 and SXM-10,” said Chris […]
SiriusXM has ordered a new satellite, SXM-9, from Maxar Technologies. The SXM-9 satellite will be based on Maxar’s 1300-class platform and built at the company’s manufacturing facility in Palo Alto, California. It is expected that SXM-9 will launch in 2024. Maxar has been building satellites for SiriusXM since 2000, which includes the first-generation Sirius satellites […]
North American pay-radio operator SiriusXM has priced two batches of new Senior Notes. The borrowings will be used to redeem existing debt. The two amounts are: $1 billion of 3.125 per cent notes due for repayment in 2026, and $1.5 billion of 3.875 per cent notes due in 2031 “This represents an increase of $250 […]
BBC Sounds attracted a weekly audience of 3.7 million users across the app, website and voice activated devices between April and June, with a peak of 3.9 million during the week of the Line Of Duty finale. The latest data shows there were 335 million plays of all audio and a total of 146 million […]
North American pay-radio operator SiriusXM’s latest satellite, SXM-8, has been handed over to the broadcaster by its builder Maxar Technologies. The satellite is already in orbit and has now completed its in-orbit test programme. It launched on June 6th from Cape Canaveral, Florida. Maxar sais in a statement: “SXM-8 is the ninth high-powered, digital, audio […]
Pay-radio operator SiriusXM is already planning and developing its next-generation SXM-10 satellite. The US broadcaster has received $140 million insurance compensation for the failure of SXM-7 and is owed a further $85 million in insurance. The ‘twin’ satellite to SXM-7, SXM-8, is performing well in orbit and without any apparent complications. SiriusXM has another satellite […]
North American pay-radio broadcaster reported Q2 revenues of $2.16 billion (€1.7bn), up 15 per cent on the previous year. SiriusXM recorded net income of $433 million in its Q2/2021, compared to $243 million in the prior year period. Second quarter 2021 net income included $140 million in insurance related to the company’s SXM-7 satellite which […]