A report from BPI/ERA, entitled Generation Z: Meet the Young Millennials, explores the music consumption habits and social media behaviour of today’s young Millennials (aged up to 19) and how their engagement across streaming and video platforms and social media and messaging apps, including Instagram, Snapchat and Musical.ly, is shaping longer-term trends. Highlights from the […]
Research revealed at the WorldDAB Automotive Event, has explored the in-car user experience of digital radio. Carried out in, Germany, UK, The Netherlands and Belgium, the research asked 40 consumers about their experience of in-car digital radio. Key findings include: Drivers love digital radio and prefer the experience to FM radio Drivers expect a great […]
Last week’s investment of $480 million (€428m) by pay-radio operator SiriusXM into music streaming service Pandora leaves far more questions unanswered than answered. The deal has yet to proceed through various hurdles, but assuming the deal wraps, then SiriusXM will have an 18 per cent stake in Pandora, and with Pandora saying it will use […]
Further to advanced-television.com’s revelation on June 8th that pay-radio operator SiriusXM had renewed its interest in investing in streaming music service Pandora, the pair have announced that SiriusXM will make a $480 million (€430m) strategic cash investment in Pandora. Under the terms of the agreement, a subsidiary of SiriusXM will purchase an aggregate of $480 […]
It is far from the first such report that pay-radio operator SiriusXM is interested in investing in streaming music service Pandora, but this time Reuters is reporting that the previous reports were correct, although now SiriusXM is attempting a variation on the acquisition plan. Liberty Media owns SiriusXM and the news organisation is saying that […]
Podcast advertising is reaching a targeted audience of highly-engaged and influenced listeners – with a quarter of listeners saying they would be ‘more likely’ to buy a product recommended by a podcast host. In a survey of 2,646 UK podcast listeners by audioBoom, 25 per cent said they were ‘more likely’ to purchase a product […]
Pay-radio operator SiriusXM is widely reported to be again looking to buy streaming service Pandora. Last summer the pair were said to be in talks but the rumoured $15 a share placed on the table by SiriusXM was apparently rejected despite valuing Pandora at some $3.4 billion. Now, if the reports are accurate, Pandora is […]
Pay-radio broadcaster Sirius XM reported another impressive set of results, saying Q1 profits were up 20 per cent at $207 million with revenues up 8 per cent at $1.3 billion – and helped by net growth of 257,000 subscribers taking its overall total to 31.6 million. However, Sirius XM, owned 49.5 per cent by Liberty […]
Pay-radio operator Sirius XM Canada, an affiliate of the USA’s Sirius XM, is going private. Canada’s Radio-Television & Telecommunications Commission (CRTC) has given its approval to a planned transaction which, it says, “will benefit Canadians and Canadian music artists for years to come”. As a condition of its approval CRTX has directed that Sirius XM […]
OTT video services provider Simplestream has announced that its Cloud TV Platform has been chosen by MTG-owned Trace – the urban music and entertainment global media group – to power its new SVoD, live TV and radio offering TracePlay. Simplestream has built the service with features that include HD live channels and VoD with high […]