Hundreds of new local digital radio stations could start broadcasting in the UK from 2020, under proposals outlined by broadcast regulator Ofcom. With over 40 per cent of the UK’s radio listening now taking place on the Digital Audio Broadcasting (DAB) platform, Ofcom’s proposals mark a major step towards expanding local DAB coverage, giving listeners […]
The big news in 2019 in the in-car audio space is the ascendance of podcasting, as both established players in streaming and broadcasting, as well as smaller start-ups compete for a piece of the growing market, Strategy Analytics 2019 In-Car Audio and Radio Report finds. Other noteworthy trends in the space include a coming regulatory […]
French business daily Les Echos is reporting that Lagardere could end up selling its French radio stations. These assets are currently not amongst the list of planned disposals. In a report on the suggestion from investment bank Exane/BNPP, the bank says: “According to this newspaper, M6 (owner of RTL), NRJ, TF1, RMC could all be […]
Pay-radio operator SiriusXM had planned to raise $750 million of extra borrowings in the form of Senior Notes due for repayment in 2024. But such was the positive response from potential lenders that it doubled the sum, to $1.5 billion, and priced the borrowings at 4.625 per cent. The company says it intends to use […]
WorldDAB’s latest market report reveals that by the end of Q4 2018, over 75 million consumer and automotive DAB/DAB+ receivers had been sold in Europe and Asia Pacific – up from 65 million in Q4 2017. The report covers Australia, Belgium, Denmark, France, Germany, Italy, the Netherlands, Norway, Switzerland and the UK. DAB is now firmly […]
Consumers will spend 800 hours on mobile internet this year, increasing to 930 hours by 2021 to account for 31 per cent of global media consumption in that year, up from 27 per cent in 2019, predicts Zenith’s latest Media Consumption Forecasts. However, the growth of mobile internet is slowing
US pay-radio operator SiriusXM initially planned to raise $1 billion of fresh borrowing but such was the positive market response that it increased the amount to $1.25 billion (in the form of Senior Notes due 2029) and priced at 5.5 per cent. The company says it will use the borrowing to repay a portion of […]
As the iconic Glastonbury music festival makes its comeback after a fallow year, the BBC has revealed its plans to once again bring the best moments and biggest sets across multiple platforms. Whether at home or out and about, viewers and listeners will be able to watch Glastonbury coverage on BBC iPlayer and listen on […]
EasyBroadcast, a provider of end-to-end streaming solutions for TV channels, OTT service providers, and enterprises, has invested in WAW Music, the next-generation digital music service set to launch in Africa. WAW Music’s new streaming platform, WAW MUZIK, has already signed 10 million songs with Universal Music and will have Orange as its leading distributor. Partnering […]
In 2018, marketers spent $479 million to advertise on podcasts in the US, an uptick of 53 per cent from $314 million in 2017, according to the latest IAB/PwC Podcast Advertising Revenue Study. The report, conducted by IAB and PwC US, forecasts that