PwC outlook forecasts streaming domination in digital music revenue by 2022

PwC has published its annual report of projections and predictions for the international media industry. The Global Entertainment and Media Outlook 2018-2022 valued the music, radio, and podcast sector in the U.S. at $40.7 billion in 2017. The industry is projected to see a 4% compound annual growth rate to reach $49.5 billion in 2022. Continue Reading

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Jacobs Media Techsurvey 2018: Radio still strong, podcasts and smart speakers grow

The 2018 edition of the Jacobs Media Techsurvey shows survey trends for consuming audio and radio, derived from American and Canadian radio listeners. More than 64,000 listeners and 567 radio stations in the U.S. and Canada participated in the online survey. AM/FM radio remain strong, and the latest annual survey showed growth for podcasting and smart speakers. Continue Reading

Amazon still leads the global smart speaker market, but competitors’ shares are growing

Amazon currently leads the industry for smart speakers, but more international competition has started to chip away at its dominant market share. Market research company Strategy Analytics released its first-quarter report on the product category. The analysis found that 9.2 million units were shipped globally in the period. Continue Reading