E.W. Scripps released its third-quarter earnings report. The media company reported total revenue of $350 million, up from $303 million in the year-ago period. It posted a loss from continuing operations of $21.9 million, or 27 cents per share. Continue Reading
Tencent Music has reported its financial results for the third quarter. Total revenue rose 31% on-year to reach 6.51 billion yuan ($910 million). That figure included 1.85 billion yuan ($258 million) in revenue from online music services. Continue Reading
James Cridland’s International Radio Trends is a column by the Australia-based radio futurologist. THIS WEEK: A breakout of RAJAR radio station data. More on last week’s UK lawsuit against TuneIn. Continue Reading
Entercom announced that RADIO.COM will be integrated with Samsung’s Bixby voice assistant. All of the sports, entertainment, news, and music content from RADIO.COM will be made available to U.S. listeners through a capsule in the Bixby Marketplace. Continue Reading
Digital audio business Targetspot announced a partnership with Cuebiq, a company specializing in location intelligence and measurement. The deal will focus on providing U.S. advertisers with tools to measure how digital audio campaigns drive traffic to brick-and-mortar storefronts. Continue Reading
Ireland’s RTÉ is closing down all of its digital radio stations, marking a major shift in strategy for the national media broadcaster in response to financial strain. The reorganization will see the end of all DAB digital radio stations. Continue Reading
Podfront UK is announcing today that Oli Walters has joined the venture as Head of Sales in London. this is a revenue-driving position for the still-new Podfront UK venture, which brings a distribution alliance of the Wondery and Stitcher podcast networks into the UK, headed by Ruth Fitzsimons. Continue Reading
There has never been a better time for content creators. There are a bunch of new streaming TV services rolling out including HBO Max, Apple TV, and Disney +. Each service has enticing new shows popping up on what seems like a daily basis. While it may be the best time for content creators, counterintuitively, it may be the worst time for overwhelmed consumers. So much of the content looks fantastic. And that, it turns out, is a major problem. Continue Reading
Anchor, the Spotify-owned podcast creation and distribution app, introduced a new feature letting creators make trailers for their shows. The company is positioning the trailers as a way to reach new audiences on podcast platforms and on the web or social networks. Continue Reading
The Interactive Advertising Bureau (IAB) published an online whitepaper today as a guide to marketers for leveraging digital audio in non-screen environments such as smart speakers, and any delivery system for audio where the user might not be using a screen to see or interact with a marketing message. Continue Reading
iHeartMedia published its third-quarter financial results. The media conglomerate posted a 3% on-year increase in revenue to reach $948.3 million. Quarterly net income was $12.37 million. Continue Reading
CISAC, the organization representing authors’ and composers’ societies, announced that it collected a record-high €9.65 billion in global royalties during 2018. Digital sources were responsible for €1.64 billion of that total. Continue Reading