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March streaming down three percent in March (Webcast Metrics)

Posted on by Brad Hill

As we noted in last month’s coverage of Triton’s Webcast Metrics report: “Next month’s March report will be extremely interesting.” Stream listening slumped in March compared to February, perhaps unsurprisingly. The numbers come from Triton Digital’s Webcast Metrics Top 20 Ranker, and RAIN’s monthly tracking of the Ranker over 10+ years. The year-over-year view showed an unusually large 8% decline. As we said last month: March was a jolting Covid-19 month for all kinds of measured media. Continue Reading →

Cumulus Media: Emphasis on digital growth and redefinition as “audio-first media company”

Posted on by Brad Hill

In the Q1 earnings report from Cumulus Media, digital and podcasting took starring roles even as Covid-19 damaged quarterly results for the company as a whole. The Westwood One Podcast Network is part of Cumulus. CEO Mary Berner defines the business as “audio-first media company.” Digital is driving growth. Podcasts are soaring. Continue Reading →

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Super Hi-Fi milestone: A billion seques

Posted on by Brad Hill

If genius is in the details, Super Hi-Fi is celebrating a moment of genius success: one-billion “audio stitches” — transitions between songs, mainly. The company’s AI tech creates smart and smooth segues between songs, meant not only to eliminate gaps in listening, but to create what Founder/CEO Zack Zalon calls “tapestries of emotional listening.” Continue Reading →

Stitcher earned $17-million in Q1, up 13% over 2019

Posted on by Brad Hill

Stitcher, a top podcast network, enjoyed first-quarter revenue of $17.1-million, a 13% jump year-over-year from Q1 2019 ($15.1-million). (As a timely but random point of comparison, PodcastOne just sold to LiveXLive last week for $18-million.) Projecting across the year, it might be feasible to consider Stitcher a $68-million topline business.  Continue Reading →

iHeartMedia earnings: Listening up, advertising down, digital everything is the way forward

Posted on by Brad Hill

In iHeartMedia’s Q1 earnings call, Chairmand and CEO Bob Pittman laid out his company’s revenue trendlines, a review of strategic decisions, and his views of a hopeful future. In simple coronavirus strokes: Listening is up, advertising is down, and digital initiatives are providing the best result and will propel future recovery. Continue Reading →