Global double-digit revenue growth for music creators as digital overtakes broadcast (CISAC)

The International Confederation of Societies of Authors and Composers has released its Global Collections Report 2023. The densely informative document documents worldwide revenue earned by creators across five media types: Music, Audiovisual, Visual Arts, Drama, and Literature. The focus here is music, where the creative side represents composers and songwriters. Click for key metrics, graphs, and a link to more. Continue Reading

For all its gains, podcasting still in early catch-up (IAB part 2)

Part 2 in our coverage of the IAB’s Podcast Advertising Revenue Study, a mid-cycle supplement to the annual report which comes out each spring. This portion analyzes trends and recommendations related to programmatic ad buying, show-based vs. audience-based campaigns, and the need to develop revenue in video podcasting. Continue Reading

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Spotify Q3 details & quotes: Users, Podcasts, Audiobooks

Spotify released Q3 earnings this week. We covered basic money metrics elsewhere. In this post, we scrutinize information gleaned from the earnings call. Below, three main topics: User growth, podcasting, and the audiobooks initiative. Audiobooks were of particular interest to investors, partly because it was difficult to coax financial predictions about them. Click for lots of detail and quotes. Continue Reading

Consumers open to audio ads, and are sensitive to brand suitability (IAS study)

As part of a larger research series, Integral Ad Science (IAS) conducted a survey of 1,158 digital audio listeners in the U.S. to understand how consumers perceive and interact with advertising on digital audio platforms. The survey, called The Sound of Suitability,  was fielded in June. A key focus is “brand suitability” — safe and dangerous advertising choices based on consumer responses to “risky” and “safe” ad types. Click for details, charts, and the download link. Continue Reading