The BBC has revealed that there have been over one million downloads of its programmes to its BBC iPlayer Radio app in less than a month since the functionality launched. The update to the BBC iPlayer Radio app allows listeners to download radio programmes in full to their smartphone or tablet for free, listen to […]
Data from Juniper Research has found that revenue generated through ad-based music streaming is set to exceed $1 billion by 2017, up from $782 Million in 2015, despite the declining numbers of players offering ‘freemium’ services. Many key players are
Pay-radio broadcaster Sirius-XM says it now sells its service into 72 per cent of new vehicles in the US, up from 69 per cent a year ago. CEO James Meyer says he sees this long-term penetration rate settling down “with growing confidence” to about 75 per cent of vehicles. Meyer told analysts that more US […]
Pay-radio operator Sirius-XM reported another record-breaking quarter (Q2) with revenues up 8 per cent at $1.12 billion, and net income of $103 million. Churn is also at a very low (“outstanding”) 1.6 per cent/month, according to Jim Meyer, CEO, and down from last year’s 1.8 per cent. Net subscriber growth was 692,000 (up 46 per […]
According to Futuresource Consulting, the launch of Apple Music will lead to a significant increase in streaming music subscriptions. Futuresource Consulting predicts subscriptions will reach at least one third of total global consumer music spend by 2016. Futuresource’s lead entertainment analyst David Sidebottom referred to the latest music tracker service commenting that, “global consumer spend […]
Pay-radio operator Sirius-XM has been facing the music, in more ways than one. A legal action against the company – majority owned by John Malone’s Liberty operation – to pay millions of dollars for the rights to play music recorded prior to 1972. SoundExchange, a music rights royalty collector, said June 26th that Sirius-XM and […]
Pay-radio operator Sirius-XM will add its first dedicated all-news channel this autumn. Fox News is the supplier and it will supply its Fox News Headlines 24/7 station thereby making its radio service the only nationwide news channel for drivers and in-home listeners. Fox says that the channel will be different from its TV version, which […]
Google is launching a free version of its music streaming service Play Music. Google Play Music already has a subscription-based service, where users pay monthly to listen to an unlimited amount of tracks. The free version will be made up of curated playlists designed for different times of the day and tailored towards what listeners […]
Under a new strategic partnership, TeliaSonera is investing $115 million (€102m) for a 1.4 per cent stake in Spotify. Both companies are also committing resources, staff and other assets to ignite the joint innovation agenda within areas such as media distribution, customer insights, data analytics and advertising. A joint TeliaSonera-Spotify team will be set up […]
Apple has unveiled Apple Music, a single, intuitive app which Apple says is “a revolutionary streaming music service, a pioneering worldwide live radio station from Apple broadcasting 24 hours a day and a great new way for music fans to connect with their favourite artists. Apple Music combines the largest and most diverse collection of […]