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
Japan has been an outlier when it comes to the global music trends. The country still remains anchored by CD sales, although streaming continues to grow its share of revenue. The Recording Industry Association of Japan released its second-quarter digital music sales, and all forms of streaming posted triple-digital increases over the first half of 2019. Continue Reading
Canalys has been tracking shipments of smart speakers for the past several years, and its report on the second quarter of 2019 revealed a shakeup in leading brands. Amazon remained the top brand with 6.6 million units shipped for its Echo line securing 25.4% market share. Baidu, based in China, took over the second spot with 4.5 million units. Continue Reading
Stream listening gained about 4% month-over-month in April, according to the Triton Digital Webcast Metrics Top 20 Ranker. As always, RAIN views the information through the lens of 6am – midnight, Monday through Sunday. The key metric is Average Active Sessions (AAS), which measures the average number of simultaneous listeners. Continue Reading
Podtrac’s July 2019 podcast ranker revealed another month of familiar titles. The Daily continued its reign atop the chart, and with NPR’s Up First in the fourth spot, it was another month of big performances for weekday news podcasts. Continue Reading
eMarketer found that the audience for voice assistants in the United States is reaching a critical mass. The company projected that 111.8 million people in the country would use a voice assistant at least monthly in 2019, representing 33.8% of the population. Continue Reading
Smart speaker sales continue to soar around the globe. Strategy Analytics found that unit sales nearly doubled from the second quarter of 2018 to reach 30.3 million in the second quarter of 2019. Continue Reading
Podtrac shared its ranking of the top ten podcast publishers for July 2019. Overall, average U.S. monthly audience remained flat from June and rose 50% from July 2018. Continue Reading