Pureplay of the Day: La Noche del Hombre Lobo

Radio (terrestrial or online) is best when delivering a rich-discovery stream of music that repeatedly makes you say, “Who is that?” and “I’ve got to hear more of that band.” When those revelations happen with nearly every song, you know you’ve found something special, and that was our experience with La Noche del Hombre Lobo. (Night of the Werewolf.) Continue Reading

BMI breaks royalty collection record; cable and satellite lead all sources

Broadcast Music, Inc. (BMI), a performing rights organization that collects and distributes music royalties on behalf of publishers and composers, announced record-breaking revenue and distribution for the fiscal year ended June 30. Revenue totaled $977-million, and royalty distributions were accounted at $840-million. Continue Reading

Apple/U2 follow-up: blurring the meaning of ownership

Four days after our initial coverage of Apple’s forced distribution of U2’s new album, the controversy continues to swirl. A good deal of media punditry has concluded that the marketing gambit, in which Apple put the band’s new album, Songs of Innocence, into the music collections across the iOS mobile landscape, was an outright failure. But 33-million people listened to the album, making the experiment a large success. Continue Reading

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Kurt Hanson’s “State of the Industry Address” identifies digital opportunities

RAIN News founding editor Kurt Hanson delivered his semi-annual State of the Industry Address at RAIN Summit Indy last week. In addition to expected Star Trek references, and a disconcerting Star Wars mention, Hanson drew trendlines, isolated an important consumer demand across all media, targeted problems with certain industry products, and suggested solutions. Continue Reading

Small and medium businesses report high ROI for streaming ads (BIA Kelsey)

In its most recent Local Commerce Monitor (LCM), an ongoing survey of advertising behaviors among small and local businesses (SMBs), BIA Kelsey found high ranking for ROI (return on investment) when advertising in streaming radio. More survey participants rated streaming radio highly for ROI than they did for over-the-air (OTA) radio. Continue Reading

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Clear Channel becomes iHeartMedia

In a breakthrough announcement, Clear Channel today renamed the company iHeartMedia.

“Clear Channel announced today that it has become iHeartMedia, reflecting the company’s success in becoming a one-of-a-kind multi-platform media company with unparalleled reach and impact,” according to the press release. Darren Davis, President of iHeartMedia, remarked in an email, “iHeartMedia reflects the momentum of iHeartRadio and how consumers and advertisers engage seamlessly across our diverse live media platforms — broadcast radio, digital, mobile, social, TV, outdoor and events.” Continue Reading