Radio’s Online Revenues Up 15% This Year
Digital revenues will continue to be the bright spot in radio’s future, according to new projections issued by BIA/Kelsey. Radio’s online/digital revenues will grow to $479 million in 2011, up from $405 million in 2010. The five-year outlook indicates radio’s online/digital revenues will reach $758 million by 2015, representing a 13.4 percent compound annual growth rate [...]
October’s Internet Radio Audience Report
Clear Channel’s iHeartradio showed a surge in audience for October following the relaunch of the streaming platform with a 10 million dollar promotional budget that included a two day live and streamed concert in Las Vegas. Newly released audience data from Triton Digital’s Webcast Metrics audience measurement platform shows that iHeartradio gained 15% in the [...]
Pandora Reports First Profits
Pandora reported its first profits last week of $638,000 on revenues of $75 million for its third quarter of this year. This beats most analyst’s expectations and dashes last year’s losses for the same period of $1.77 million. Pandora streamed 2.1 billion hours of programmimg -twice the numbers of last year same quarter. According to [...]
Turntable’s Seth Goldstein
Turntable.fm’s founder Seth Goldstein is a sharp guy who’s had his hand in more than one brilliant startup. He was an original investor in del.icio.us which was acquired by Yahoo in 2005, he started socialmedia.com, and he’s “Entrepreneur in residence” at Fred Wilson‘s investment firm Flatiron Partners (which recently invested in Turntable.fm). If you think that [...]
Pandora Wants a Piece of the Political Ad Pie
In their typically savvy way, Pandora has implemented a strategy for taking political ad dollars. Taking the listener registration information that they already have on every listener, they have created a turnkey way for political candidates’ campaigns to deliver their messages to custom voter zones. The service also offers rich media attributes, enabling campaigns to utilize display [...]
Google Music Launches – Again
Google Music is open for business, according to their blog. Google‘s cloud music project, launched last May as Music Beta, has morphed into a larger platform that includes cloud based syncing and listening as well as a music download store. Google Music enables listeners to sync their music collection across multiple devices, maintain playlists, and [...]
New App Touts Tunein’s Reach with IPhone Users
In the new world of metered mobile data plans, Onavo has developed an app that is very useful in helping folks keep track of their usage and even select apps that use data efficiently. You can download their app onto your smartphone which compresses the data that your apps use. Onavo recently published data on [...]
New Study Claims Folks That Stream Buy Less Music
NARM, the National Association of Recording Merchandisers, and research firm NPD Group have released a study showing that AM and FM radio are still very relevant to consumers in discovering new music. Traditional radio was the most popular way that respondents discovered new music in this study, while online radio and web videos were very [...]
Facebook Users Like Streaming Music
When facebook introduced its music discovery platform with a list of streaming partners at its f8 developers conference in September, we knew there would be some big winners among the partnering services. Now, from a post on facebook’s own developer blog we learn that since that announcement on September 22nd, facebook users have shared songs [...]
Harman Survey Shows Consumers Want Internet Radio In Their Dashboard
Consumers want Internet radio in their dashboard. 64% of consumers would listen everyday if they had access to streaming music sites in their cars, according to a newly released study sponsored by Harman, the premiere audio system brand. The only thing they want access to more than streaming music in their car is real time [...]
