Pay-radio broadcaster SiriusXM’s Q4 profits were at $352 million (€323.1m), just down on the same period in 2022 which were $365 million. Revenues were slightly ahead of expectations at $2.29 billion ($2.28 billion the previous year). Earnings per share were up 1 cent at $0.09 and better than analyst’s expectations. SiriusXM also reported that ARPU […]
Over 75 per cent of the Swedish population aged 15-74 years old listen to audio media such as radio, audiobooks, music, and podcasts, on an average day, according to research from Mediaivision. This is the same share as last year. However, there are significant changes between the different audio categories; live radio listening has decreased […]
FuboTV, the sports-first live TV streaming platform, and Super Hi-Fi, a specialist in AI-powered radio services for broadcast and digital media platforms, have announced the launch of 10 fully branded FAST channel radio stations on Fubo in the US. It is a radio experience created from the ground-up for an OTT service, with a TV-first […]
SiriusXM has unveiled its refreshed branding built around a star icon. The North American pay-radio broadcasters states that the new logo takes inspiration from the night sky, putting a star at the centre of its iconic ‘S’ to represent Sirius, the ‘Dog Star’. The star is defined to “harken back to the brand’s origins as […]
Ireland’s new media regulator and media development agency, Coimisiún Na Meánm has approved funding of €2.4 million for the independent commercial radio sector under the Sound & Vision 4 Broadcasting Funding Scheme. Allocations to individual radio stations range from €35,000 to €95,000. The Minister for Tourism, Culture, Arts, Gaeltacht, Sport and Media, Catherine Martin TD, […]
US pay-radio operator SiriusXM declared Q3 revenues were flat at $2.27 billion (€2bn), just short of the $2.29 billion expected.Nevertheless, the company confirmed the increased quarterly dividend of $0.1064 per share which converts to a yield of 2.5 per cent. In summary, SiriusXM earnings growth was -3.98 per cent, a slight improvement on the same […]
US pay-radio operator SiriusXM, in the process of being fully absorbed by Liberty Media, is about to unveil a new-look streaming tool, mobile App and in-car innovations as well as a new logo. An event is scheduled for November 8th when the full portfolio will be showcased to press and shareholders. The need for a […]
US pay-radio operator SiriusXM, owned by Liberty Media, generated $2.25 billion (€2.06bn) for the quarter-year which ended on June 30th. This was the same as revenues a year ago. Subscriber numbers were level at 34 million. However, SiriusXM’s Pandora streaming service lost subscribers and fell to 47.4 million, down from 50.5 million a year ago. […]
The UK Government should include measures to protect radio when it introduces the Media Bill to address the risk to the industry of larger platforms controlling access to stations and driving listeners elsewhere, according to the House of Commons Culture, Media and Sport Committee. The Committee’s recommendation is contained in its first report following its […]
Radiocentre, the trade body for the UK commercial radio sector, is extending its remit as part of a new action plan aimed at making the UK a world leader in radio and audio in the digital age. The plan, Commercial Radio: Stronger than Ever, will see Radiocentre promote all forms of audio owned and operated […]