Consulting firm Prophet released the latest results of its Brand Relevance Index, and found that U.S. consumers place a high importance on companies in tech and entertainment. Apple was the top choice, and it has led the ranking for every year the index has been conducted. Spotify secured second place. Continue Reading
Stream listening slipped about 2% month-over-month in May, according to the Triton Digital Webcast Metrics Top 20 Ranker. Pandora, leader of the pack, dropped one percent from March, and stayed above 2-million average active sessions. Continue Reading
The RIAA has released its mid-year report on the Latin music market in the U.S., and the genre is on track for continued growth through 2019. In the first six months of the year, the sector generated retail revenue of $232 million. Continue Reading
Today Edison Research globally introduced The Infinite Dial South Africa in an 8:00am ET webinar. The results show a digital listening market that is less developed than the USA and Australia in some ways, including podcasting. Continue Reading
NPR has long been a leader in podcasting, and now the organization is forecasting breakthrough financial returns on the audio format. Deborah Cowan, chief financial officer at NPR, said that the network has projected that corporate sponsorship revenue from podcasts will reach $55 million in the 2020 fiscal year. Continue Reading
Kantar Media shared new insights about smart speakers in the United States. The latest Worldpanel ComTech data revealed that the net promoter score, a ratio of a product’s likely recommenders versus its detractors, has dropped from 30 to 20 for smart speakers. Continue Reading
Voxnest has released its latest data tracking the international usage of Spotify and Apple as a podcast platform. In August, the Voxnest Audience Network found that Spotify was the more popular service in Portugal, Algeria, and Bulgaria. Continue Reading
IPG Mediabrands’ Magna division has projected that podcast ad spending in the United States will surpass $1 billion in 2022. That forecast starts with an estimated $679 million in spending this year. Continue Reading
The RIAA half-year report points to new highs for the United States’ music market, with the sector on track to break annual revenue of $10 billion. Retail revenue in the first six months of 2019 totaled $5.4 billion. Paid subscription streaming delivered $3.3 billion in revenue, up 31% from the year-ago period. Continue Reading
Deloitte has published a new review of the music market in India. The latest analysis found that the country’s sector generated $1.2 billion in revenue. The figure includes revenue from partner industries. Continue Reading
IAB Australia has released a new report with insights about advertising for the region’s growing digital audio market. The Digital Audio Buyer’s Guide shared some statistics about interest in streaming, as well as the latest market trends for advertising to that engaged audience. Continue Reading
Westwood One shared some recent insights about smart speaker use and ownership, including some Q2 2019 data from the Edison Research Share of Ear analysis. Rates of ownership show no signs of slowing, with 30% of Americans now owning a smart speaker in the second quarter of this year. Continue Reading