The International Federation of the Phonographic Industry has released its full-year 2022 report. The research is headlined with one key metric: The global recorded music market grew by 9.0% in 2022, driven by growth in paid subscription streaming. This meshes with the recently released RIAA of U.S. music revenue. Click through for many more stats.
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Jottings of Note
— GPT Perspectives (Eric Nuzum)
— How To Live-read (Acast)
— Connecting the Parts (Steve Keller)
“Streaming continued to account for a large majority of recorded music revenues in 2022.” Thus reports the first line in the Recording Industry Association of America (RIAA)’s full-year 2022 earnings report. All streaming platforms grew seven percent year-over-year, amounting to $13.3-billion. About 75% of that was subscription streaming revenue, which totalled to $10B. Click through for more, and detailed trend charts. Continue Reading
Jottings of Note
— GPTAircheck (Futuri Media & Rusty Hodge)
— Medium-moved Messages (Sounds Profitable / Signal Hill Insights)
— Stats Roundup (DemandSage)
LinkedIn, the leading social network for professionals, has launched the LinkedIn Podcast Academy. The structure of this initiative is simple — LinkedIn selected 19 business and startup podcasts created by LinkedIn members, and publicized those creator profiles. The program provides coaching, exclusive programming and LinkedIn co-branding. Aspiring podcasters can fill out a form. Continue Reading
The latest Triton Digital US Podcast Report shows only three new shows in 100 listed, all three in the bottom twenty. Nine of the top ten podcasts are the same month-over-month. Click through for more stats, including a breakdown of sales representation. Continue Reading
Audacy reported its fourth quarter earnings, and while earnings were up three percent for the year, expenses grew by twice that, pulling down the company’s EBITDA down six percent — “a far cry from what we had anticipated,” said Chairman and CEO David Field. Click through for lots of podcast-specific metrics. Continue Reading
NPR was the first, and continually a vigorous advocate for smart speakers. The public radio network helped launch the breakthrough Alexa OS by providing the primary daily news program for smart speakers, Up First. It was with amusement that we noticed that program’s host exclaiming, “What’s a radio?” during his sign-off. Click for audio. Continue Reading
Podcast Movement Evolutions, the business-oriented variation of the creator-focused Podcast Movement conferences, was held at the Westgate Conference Center in Las Vegas this week. A somewhat more intimate experience than Podcast Movement, Evolutions offered several knowledge tracks featuring keynotes, interviews, and panel discussions along with numerous networking opportunities during three and a half days. There were announcements, too. Continue Reading
SoundStack, the multi-faceted audio platform which fashions itself as audio-as-a-service (Aaas), has landed major indie podcast network Kast Media as a new client. SoundStack will handle hosting Kast podcasts, content management, and programmatic advertising. SoundStack is also promoting “enhanced workflow with direct access to SoundStack’s product team.” Continue Reading