In the case of artist Bob Seger, retail and plays on AM/FM radio are not sufficient for fans, and streaming provides a better way to match fans with the music they might enjoy. Here we look at some of Seger’s numbers to see how streaming has allowed him to access…
Category archives: Broadcast & Satellite
Radio’s ‘Main Studio’ Rule, How It Affects Music and Why The Trump Administration Wants To Kill It
For years the FCC instituted a rule that any radio station needed to have a main studio accompanied by a full-time staff member during business hours. Formerly beneficial, this regulation has become an unnecessary burden in many respects, causing the FCC to vote for its elimination. _________________________ Guest post by…
Pandora’s Loss Poised To Become Gain For Investor Sirius XM
Pandora is struggling on almost every level, from monthly average users to revenue. This week Wall Street punished the streamer’s performance, more than halving its stock price in a single day. But Pandora’s loss appears poised to become Sirius XM’s gain, says MIDiA analyst Mark Mulligan. The successful satellite broadcaster…
iHeartMedia Stock Tanks After $248M Quarterly Loss and ‘Substantial Doubts’ About Survival [UPDATED]
[UPDATED] iHeartMedia Inc., the largest operator of commercial radio stations in the US, once again disclosed that it has "going concern" about its viability as a company going forward. In its most recent financial filing with the SEC, iHeartMedia warned investors that it was in dire financial straits and noted…
Radio Still Rules Music Discovery Despite Streaming Growth [CHART]
While streaming services like Spotify and Apple Music are growing exponentially, the 2017 edition of Nielsen’s Music 360 report found that 49% of people still discover new music on AM and FM broadcast radio. As you can see in the chart after the jump from Statista, that compares 27% who…
FCC Boss Wrecks Media Ownership Rules In Huge Gift To Sinclair Broadcasting
While the FCC’s Ajit Pai has been working hard to ignore the public outcry against the death of net neutrality, he’s also been busy actively gutting media consolidation and ownership regulations solely, says Karl Bode of Techdirt, for the benefit of Sinclair broadcasting. _____________________________ By Karl Bode of Techdirt FCC…
Artist Visits To Spotify, Apple Music Illustrate Why Radio Feels OLD
While radio was instrumental for artists working to break a new record, the recent tendency of artists like Pink to eschew terrestrial radio in favor of the offices of Spotify and Apple music shows a new trend in how musicians are choosing to promote their work. ________________________ Guest post by…
Live Radio Must Embrace Technology To Survive
There is some confusing data out there right now when it comes to the health of terrestrial radio, and although it remains popular in certain settings, such as in the car and at work, radio needs to take certain steps to guarantee it remains a viable media source. ___________________________ Guest…
Mixcloud Signs Landmark WMG Direct Licensing Deal For Curated Audio Streaming
Mixcloud, which has served as a platform for DJ sets, music podcasts and other long form audio since 2009, has finalized a deal with Warner Music Group. Negotiations with UMG and Sony are in the advanced stages, according to sources. _________________________________________ London based audio streaming platform Mixcloud has announced a…
SiriusXM Completes $480M Investment in Pandora, 3 Join Board
Pandora and SiriusXM announced Friday that the later has purchased $307.5 million of Series A preferred stock in Pandora, completing the $480 million strategic investment announced on June 9, 2017. Under the terms of the agreement, a subsidiary of SiriusXM purchased $172.5 million of Series A preferred stock upon execution…