John Malone’s Liberty Media posted improved Q1 after the inclusion of Sirius XM Radio in its financials and the separation of Starz, which was spun off into a separate company. Revenue increased from $35 million to $789 million in the first quarter. Adjusted operating income got into positive territory with an increase of $288 million […]
Pay-radio operator Sirius-XM delivered one of its best-ever sets of results April 30th, saying that its Q1 2013 subscribers now topped 24.35 million (up 453,000 or 9.9 per cent y-o-y) and with record revenue growth of 12 per cent to $897 million ($805m in 2012) although this figure was about $12 million lower than consensus […]
Six months after its iPlayer Radio app for iOS, the BBC has launched the app in the Google Play Store. The Android version is free to download and provides live streaming radio from the BBC’s stations, a programme guide and access to on-demand shows from the last seven days. Podcasts, video clips and an alarm-clock […]
Global revenues from mobile streamed music services are expected to rise by more than 40 per cent to $1.7 billion, according to a report from Juniper Research. For the first time, these revenues will thereby overtake those generated by full-track downloads to mobile devices. The report observed that growth in premium service adoption was increasingly […]
Apple is reportedly stepping up its plans to launch a new music service, tentatively called iRadio, later this year with talks in progress with the three main music companies – Universal Music, Warner Music and Sony. The service, which would rival the likes of Spotify and Pandora, will reportedly be free and paid for by […]
The Radio Frequency Interference – End Users Initiative (RFI-EUI) and the Global VSAT Forum (GVF) have, with support and commitment to the programme from the World Broadcasting Unions – International Satellite Operations Group (WBU-ISOG) and the satellite Interference Reduction Group (IRG), announced the launch of a two-prong effort to improve the quality of satellite newsgathering […]
Howard Stern broadcasts daily on Channels 100/101 on US pay-radio service Sirius-XM. While he has something of a reputation for his uncensored radio show, he now describes himself as the “King of all Media”. Certainly he continues to shock his employers by maintaining a claim that Sirius-XM owes him a not so shocking $330 million […]
Last week the John Malone-controlled pay-radio operator unveiled record subscriber numbers as well as its best churn figures (1.8 per cent/month) for the past 5 years. The results also coincided with CEO Mel Karmazin stepping down (he went officially on Feb 1st) and being replaced by interim CEO Jim Mayer, who has a hard act […]
Kiss and Magic owner Bauer Media has bought digital radio station Planet Rock in a deal worth over £1 million (€1.23m). The loss-making digital radio station was put up for sale by its owner, millionaire entrepreneur Malcolm Bluemel, last year. Bauer, which has also held talks to buy another loss-making national music station, Absolute Radio, […]
No wonder John Malone wanted total control of pay-radio operator Sirius-XM. Its numbers continue to impress, with Q4 and full year results. Subscribers stand at 23.9 million, subscription revenues for the year grew 13 per cent to $3.4 billion and free cashflow is up 71 percent to $709 million. For the pre-holiday period Sirius-XM activated […]