North American pay-radio operator, SiriusXM, is suffering a loss of subscribers which has driven its share price into negative territory. The subscriber loss for its quarter ending June 30th totalled around 173,000 and made up of 100,000 so-called ‘self-pay’ (conventional) subscribers, and 73,000 promotional subscriptions. These were considered major losses but when compared with the […]
Americans spend almost 20 per cent of every day with audio, reports Nielsen. In Q2 2024 that translated to 4 hours and 5 minutes of daily listening across both ad-supported and ad-free platforms like radio, podcasts, streaming music services and satellite radio, accoridng to The Record – a quarterly look at how US audiences divide […]
For the first time, less than half of 16-24-year-olds (Gen Z) are now watching broadcast TV in an average week, according to Ofcom’s annual study into the nation’s media habits. Just 48 per cent of young audiences tuned in during an average week last year, down from 76 per cent in 2018. Children aged 4-15 […]
GfK’s Radio Audience Measurement (RAM) is the single radio audience measurement for Malaysia’s market, as appointed by Commercial Radio Malaysia (CRM). Prior to this, CRM has awarded GfK a three-year contract from 2022 to 2024 to continuously provide RAM in Malaysia. This marked CRM and GfK’s third collaboration since 2016. Astro Radio continuously supports the […]
Lyca Radio – Greater Manchester has officially launched, marking a significant milestone in the North West England’s broadcasting landscape. The station, which replaces the Asian Sound Radio brand, is now available on 963AM, 1377AM, DAB, and various digital platforms, offering listeners a diverse range of content tailored to their interests and preferences. With its launch, […]
Global, the Media & Entertainment Group, has announced that its Group Chief Executive, Stephen Miron, intends to step down after 16 years at the helm. He will remain as Group CEO in the interim period and then become Chairman of Global at the end of March 2025. Then, Global’s Chairman of 17 years, Lord Charles […]
Ofcom has announced that amateur radio enthusiasts will enjoy greater operating freedoms under amateur radio licensing changes outlined by the media regulator. Ofcom explained: “Last year, we set out how we planned to change amateur radio licences and policies, so they better meet the needs of current and future needs of the hobby. We received […]
SiriusXM is reducing its staff headcount. The North American pay-radio operator is axing around 170 employees, representing 3 per cent of its current workforce of some 5,680 staff. The broadcaster laid off 8 per cent of its employees less than a year ago. CEO Jennifer Witz, in a memo to staff, said: “We made significant […]
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 […]