Apple’s plans for a radio streaming service have reportedly stalled again, with label bosses at Sony Music pushing for better terms in ongoing negotiations. Apple has has signed a deal with Universal Music, the largest of the three major record labels, and is reportedly close to an agreement with Warner Music. But according to the FT, executives at Sony are [...]
Liberty Media-controlled pay-radio operator Sirius-XM is sticking to its forecasts that by the end of 2017 there will be around 100 million vehicles potentially able to pick up Sirius-XM’s satellite signals. By 2023 that number will be around 150 million. This is not to say that each of these vehicles will be paying for Sirius-XM, only that its signals can [...]
John Malone’s Liberty Media posted improved Q1 after the inclusion of Sirius XM Radio in its financials and the separation of Starz, which was spun off into a separate company. Revenue increased from $35 million to $789 million in the first quarter. Adjusted operating income got into positive territory with an increase of $288 million to $271 million. “The increase [...]
Pay-radio operator Sirius-XM delivered one of its best-ever sets of results April 30th, saying that its Q1 2013 subscribers now topped 24.35 million (up 453,000 or 9.9 per cent y-o-y) and with record revenue growth of 12 per cent to $897 million ($805m in 2012) although this figure was about $12 million lower than consensus expectations. Net income grew 15 [...]
Six months after its iPlayer Radio app for iOS, the BBC has launched the app in the Google Play Store. The Android version is free to download and provides live streaming radio from the BBC’s stations, a programme guide and access to on-demand shows from the last seven days. Podcasts, video clips and an alarm-clock function are also included. The [...]
Global revenues from mobile streamed music services are expected to rise by more than 40 per cent to $1.7 billion, according to a report from Juniper Research. For the first time, these revenues will thereby overtake those generated by full-track downloads to mobile devices. The report observed that growth in premium service adoption was increasingly being driven by operator partnerships [...]
Apple is reportedly stepping up its plans to launch a new music service, tentatively called iRadio, later this year with talks in progress with the three main music companies – Universal Music, Warner Music and Sony. The service, which would rival the likes of Spotify and Pandora, will reportedly be free and paid for by advertising. As reported by advanced-television.com [...]
The Radio Frequency Interference – End Users Initiative (RFI-EUI) and the Global VSAT Forum (GVF) have, with support and commitment to the programme from the World Broadcasting Unions – International Satellite Operations Group (WBU-ISOG) and the satellite Interference Reduction Group (IRG), announced the launch of a two-prong effort to improve the quality of satellite newsgathering services worldwide. RFI-EUI, an international [...]
Howard Stern broadcasts daily on Channels 100/101 on US pay-radio service Sirius-XM. While he has something of a reputation for his uncensored radio show, he now describes himself as the “King of all Media”. Certainly he continues to shock his employers by maintaining a claim that Sirius-XM owes him a not so shocking $330 million in stock options. Stern, reportedly [...]
Last week the John Malone-controlled pay-radio operator unveiled record subscriber numbers as well as its best churn figures (1.8 per cent/month) for the past 5 years. The results also coincided with CEO Mel Karmazin stepping down (he went officially on Feb 1st) and being replaced by interim CEO Jim Mayer, who has a hard act to follow. Karmazin had taken [...]
