North American pay radio operator SiriusXM is on a roll. It added 298,000 net new subscribers during Q3, and reported a record $1.5 billion in revenues (up 6 per cent), and EBITDA of $589 million (up 7 per cent). SiriusXM finished the quarter with 33.7 million subcribers (representing annual and pre-paid customers). ARPU was $14.48. […]
According to the latest RAJAR data, a record 51.4 per cent of all BBC radio listening was on digital radio and platforms. During this latest quarter, BBC Radio 6 Music had a 2.52 million listeners (up from 2.44 million last quarter and up from 2.43 million last year, and the station’s second highest reach). Lauren […]
WorldDAB, the association which promotes DAB digital radio around the world, has rolled out of a new DAB+ logo for international markets. Free to industry stakeholders for use in promoting DAB+ to listeners, the new logo aims to ensure consistent marketing of DAB+ internationally. Germany, France, The Netherlands, Belgium and Austria are the first countries […]
Music streaming continues its ascendance, with the number of paid streaming subscriptions on track to reach 235 million worldwide by the end of 2018, according to a music market report from Futuresource Consulting. “Streaming subscriptions accounted for over half of all global spend on music last year, a segment which includes packaged music, pay-per-download singles […]
According to the IFPI – the organisation that promotes the interests of the international recording industry worldwide – 86 per cent of music listening is through on-demand streaming, but more than one-third of consumers obtain music through infringing methods. The IFPI’s Music Consumer Insight Report 2018 examines the ways in which music consumers aged 16-64 […]
Sound Digital, the national commercial DAB multiplex operated by Arqiva, Bauer and Wireless, has announced that its expansion programme of 19 new transmitters is nearing completion, with the first of the extended coverage areas due to go live in the coming weeks. Announced in May 2018, the expansion of the Sound Digital network was originally […]
In a move that it says creates the world’s largest audio entertainment company, digital radio platform SiriusXM and music streaming service Pandora Media have agreed a deal under which SiriusXM will acquire Pandora in an all-stock transaction valued at approximately $3.5 billion (€2.97bn). The new operation has more than $7 billion in expected pro-forma revenue […]
The amount of time Americans spend with media continues to increase, largely the result of the widespread connectivity and available content platforms. In just the few months since the end of the third quarter of last year, US consumers 18 and older increased their time with media by more than a full half hour, according […]
Spotify has been named Samsung’s new go-to music service provider, which will give Samsung users a seamless listening experience between devices. According to Spotify CEO Daniel Ek, the partnership with Samsung reduces the friction for users to get Spotify up and running on multiple Samsung devices once the accounts have been linked. “It allows us […]
At the close of the second fiscal quarter in the US and in the ramp up to the 2018 Midterm Elections, a report from Matrix Solutions shows that the US saw a .35 per cent year-over-year contraction across broadcast, digital broadcast and radio platforms – demonstrating flat growth. This figure comes despite the emergence of […]