Spot Radio Revenue Stands Still While Digital Surges
Broadcast radio revenues grew 1% in the first quarter of 2012, with revenues derived from digital assets at the helm, according to the Radio Advertising Bureau. Digital revenues for broadcasters grew 10% during the same period, or ten times as fast as spot revenue. Network revenues grew 8% and fueled the growth as well. “While [...]
Pandora Panderings in the News
It’s been a strong news week for Pandora, which is not unusual – the service has a great strategy for maintaining visibility in the media. That’s good for their brand and all of Internet radio by-the-way. They recently released some new data from a study done by The Media Audit surveying 54,000 people in Los [...]
You Won’t Want To Miss RAIN Summit West
The stage is set for RAIN Summit West in Las Vegas on Sunday April 15th to be one of the best RAIN Summits ever. This year’s event will take place at LVH – Las Vegas Hotel and Casino, formerly the Las Vegas Hilton, which is adjacent to and attached to the LV Convention Center. RAIN [...]
Consumers That Stream Also Listen To FM In Cars
Nearly 40% of smartphone owners have used their device to listen to a streaming music service while in their car, according to new research by NPD Group on automotive connectivity. Devices and ways to connect them have become a serious focus for the auto industry. 79% of car owners are using a digital device in [...]
Digital Revenue Is The Bright Spot On Radio’s Revenue Report Card For 2011
Broadcast radio’s revenues from digital assets continued to outpace other categories in the 4th quarter of last year, according to a report by the Radio Advertising Bureau. Spot revenues meanwhile, shrank another 1% from a year before – a reality that is more ominious considering that the economy began to show signs of life late [...]
Why Broadcasters Need To Work With Lots of Streaming Portals
Last week Clear Channel announced that they continue to expand the variety and number of streaming broadcast stations offered on iHeartradio by adding a list of college radio stations. College radio is a broad category that spans everything from student-run stations featuring block programming and music, news and sports programming to professionally-run stations with specific formats. [...]
Pandora’s Local Market Clout
Pandora released audience data today showing that they have grown their audience by 50% or more in top markets across the country in the past year. Releasing data that compares January’s audience stats with “holiday 2011″ stats, Pandora now claims to have a 1.0 rating with Adults 18-34 in top markets across the country. The [...]
Arbitron’s Internet Radio Measurement Headache
In 2003 I started a company called Net Radio Sales that was designed, in large part, to offer a sales solution to streaming broadcast radio stations. Later that year I met with an Arbitron executive to discuss their decision to shut down server based streaming measurement and shift to census based measurement through comScore. I told [...]
Cumulus Stations Join iHeartRadio
The week has begun with news of a streaming partnership between Clear Channel and Cumulus – the latter’s online stations will be accessed through Clear Channel’s expanding iHeartRadio online platform. The 570 Cumulus radio stations in 120 markets will be available on the New iHeartRadio platform wherever it is offered, including the Web, mobile devices and [...]
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 [...]
