Global, the Media & Entertainment Group, has announced that its Group Chief Executive, Stephen Miron, intends to step down after 16 years at the helm. He will remain as Group CEO in the interim period and then become Chairman of Global at the end of March 2025. Then, Global’s Chairman of 17 years, Lord Charles […]
Ofcom has announced that amateur radio enthusiasts will enjoy greater operating freedoms under amateur radio licensing changes outlined by the media regulator. Ofcom explained: “Last year, we set out how we planned to change amateur radio licences and policies, so they better meet the needs of current and future needs of the hobby. We received […]
SiriusXM is reducing its staff headcount. The North American pay-radio operator is axing around 170 employees, representing 3 per cent of its current workforce of some 5,680 staff. The broadcaster laid off 8 per cent of its employees less than a year ago. CEO Jennifer Witz, in a memo to staff, said: “We made significant […]
Pay-radio broadcaster SiriusXM’s Q4 profits were at $352 million (€323.1m), just down on the same period in 2022 which were $365 million. Revenues were slightly ahead of expectations at $2.29 billion ($2.28 billion the previous year). Earnings per share were up 1 cent at $0.09 and better than analyst’s expectations. SiriusXM also reported that ARPU […]
Over 75 per cent of the Swedish population aged 15-74 years old listen to audio media such as radio, audiobooks, music, and podcasts, on an average day, according to research from Mediaivision. This is the same share as last year. However, there are significant changes between the different audio categories; live radio listening has decreased […]
FuboTV, the sports-first live TV streaming platform, and Super Hi-Fi, a specialist in AI-powered radio services for broadcast and digital media platforms, have announced the launch of 10 fully branded FAST channel radio stations on Fubo in the US. It is a radio experience created from the ground-up for an OTT service, with a TV-first […]
SiriusXM has unveiled its refreshed branding built around a star icon. The North American pay-radio broadcasters states that the new logo takes inspiration from the night sky, putting a star at the centre of its iconic ‘S’ to represent Sirius, the ‘Dog Star’. The star is defined to “harken back to the brand’s origins as […]
Ireland’s new media regulator and media development agency, Coimisiún Na Meánm has approved funding of €2.4 million for the independent commercial radio sector under the Sound & Vision 4 Broadcasting Funding Scheme. Allocations to individual radio stations range from €35,000 to €95,000. The Minister for Tourism, Culture, Arts, Gaeltacht, Sport and Media, Catherine Martin TD, […]
US pay-radio operator SiriusXM declared Q3 revenues were flat at $2.27 billion (€2bn), just short of the $2.29 billion expected.Nevertheless, the company confirmed the increased quarterly dividend of $0.1064 per share which converts to a yield of 2.5 per cent. In summary, SiriusXM earnings growth was -3.98 per cent, a slight improvement on the same […]
US pay-radio operator SiriusXM, in the process of being fully absorbed by Liberty Media, is about to unveil a new-look streaming tool, mobile App and in-car innovations as well as a new logo. An event is scheduled for November 8th when the full portfolio will be showcased to press and shareholders. The need for a […]