Advanced Television

radio

Ofcom amateur radio licensing changes

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 […]

February 21, 2024

SiriusXM trims staff again

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 […]

February 13, 2024By Chris Forrester

SiriusXM beats profit expectations

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 […]

February 2, 2024By Chris Forrester

Sweden: New record for digital listening

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 […]

December 7, 2023

Fubo launches Fubo Radio

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 […]

November 28, 2023

SiriusXM unveils new look

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 […]

November 9, 2023By Chris Forrester

Coimisiún na Meán additional funding for Ireland radio

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, […]

November 7, 2023

SiriusXM Q3 flat; enhancements coming

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 […]

November 2, 2023By Chris Forrester

SiriusXM upgrade planned

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 […]

October 12, 2023By Chris Forrester

SiriusXM Q2 revenues flat

US pay-radio operator SiriusXM, owned by Liberty Media, generated $2.25 billion (€2.06bn) for the quarter-year which ended on June 30th. This was the same as revenues a year ago. Subscriber numbers were level at 34 million. However, SiriusXM’s Pandora streaming service lost subscribers and fell to 47.4 million, down from 50.5 million a year ago. […]

August 3, 2023By Chris Forrester