New consumer research found that 68% of smartphone owners listen to streaming music every day. The study from Parks Associates revealed that smartphone owners spend more time with their tunes than any other form of mobile entertainment, clocking in at 45 minutes per day with streaming music. Continue Reading
TuneIn announced its plans for participating in the SXSW festival in Austin, including programming in music, sports, and entertainment. Its partners for the event include Comcast Ventures, Westwood One Radio, Big Machine Label Group and Loma Vista Recordings + BODY HIGH. Continue Reading
Radio listening has kept its reach during this time of digital disruption. But an interesting fact in yesterday’s Infinite Dial 2016 release was that radio ownership among consumers has seriously decreased. It’s going to get worse as cars modernize to catch up with Americans’ enthusiastic adoption of streaming. The disappearing radio is one of the most clearly predictable audio technology trends of our time. Continue Reading
The Infinite Dial, a consumer research project that tracks listening habits and trends of American teens and adults, was released today for 2016, co-produced by Edison Research and Triton Digital and presented via webinar. Continue Reading
Brief news items and worthy reads from around the web: Behind the scenes at AccuRadio; Rhapsody arrives on Wii U; college students and podcasts; new ideas for Apple Music? Continue Reading
DTS hosted an investor call and discussed the company’s purchase of iBiquity Digital. Chairman and CEO Jon Kirchner said that although iBiquity was posted losses at the time of acquisition, it has since “made significant progress realizing operational and financial synergies.” Continue Reading
Sonos announced a big business shakeup, including layoffs and a new focus in how it will bring music into the home. In a blog post discussing the changes, CEO John MacFarlane spoke about how the home audio landscape is changing and how the company wants to stay at the forefront of that transition. He pointed to the growth of streaming, and subscription tiers in particular, and the increased interest in voice controls as the reasons for the pivot. Continue Reading
This morning brings an announcement from programmatic tech company Xaxis that it has launched Xaxis Radio in the Asia-Pacific region. Xaxis is partnering with both Triton Digital and AdsWizz in the venture. Continue Reading
Webcast listening in January inched downward by 2% compared to December (when holiday listening helped give an upward lift over November), and notched a 14% rise year-over-year, according to Triton Digital’s monthly Webcast Metrics Top 20 Ranker, released this morning. Click through for the trend charts. Continue Reading
STRATA released results from the latest of its quarterly ad agency surveys. The responses found that 54% of agencies are more interested in streaming audio than they were a year ago. The Q4 2015 survey also addressed questions about programmatic buying, which has also gained in interest among agencies. Continue Reading
French local trade body SNEP reported that the nation’s recorded music market declined 7% last year to €426 million. Digital revenue did increase 14.7%, but only totaled €152.3 million, making it just 36% of the nation’s total music income. Continue Reading
Denmark’s music industry posted a third consecutive year of growth, with data from the IFPI revealing a 3.7% increase in total recorded music income last year to 453 million Danish kroner ($67 million). Streaming music income posted significant growth, rising 26.5% to 323 million kroner ($48 million) last year. Continue Reading