1

Digital revenue projected to grow for radio, RAB finds

Digital ad revenue for the radio industry increased 11.4% to $550.8 million in 2015. That’s the key takeaway from the latest benchmarking report commissioned by the Radio Advertising Bureau. According to the analysis, the average market cluster saw $961,756 from digital sales during the year. Continue Reading

Spain: Streaming subscriptions increased 35% in 2015

Spain’s music market posted a second consecutive year of growth in 2015, according to Spanish industry organization Promusicae. Spending on recorded music last year totaled €160.2 million ($180.4 million), up from €149.9 million in 2014. Of the 2015 total revenue, €64.5 million came from streaming, thanks to a more than 35% increase to paid subscriptions to more than half a million paying customers. Continue Reading