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. […]
The UK Government should include measures to protect radio when it introduces the Media Bill to address the risk to the industry of larger platforms controlling access to stations and driving listeners elsewhere, according to the House of Commons Culture, Media and Sport Committee. The Committee’s recommendation is contained in its first report following its […]
Radiocentre, the trade body for the UK commercial radio sector, is extending its remit as part of a new action plan aimed at making the UK a world leader in radio and audio in the digital age. The plan, Commercial Radio: Stronger than Ever, will see Radiocentre promote all forms of audio owned and operated […]
North American pay-radio giant SiriusXM saw a 1.9 per cent fall in its Q1 revenues to $2.14 billion (€1.95bn). It ended the quarter with 34.02 million paid subscribers with 347,000 net additions. Specifically, SiriusXM enjoyed revenues of $1.7 billion (the balance of the $2.14 billion coming mostly from its Pandora streaming service at $462 million). […]
The Bayerische Medien Technik (bmt) together with the Bavarian Regulatory Authority for new media (BLM), Mediaschool Bayern, Bayerische Lokal-Radioprogramme (BLR) and Bayern Digital Radio (BDR), is investigating the combination of music-only programmes with an announcement channel in digital radio DAB+. The project has a duration of 14 months and is funded by the Bavarian State […]
US pay-radio operator SiriusXM has announced its Q4 and full-year 2022 operating and financial results, including revenue of $2.28 billion (€2.09bn) and $9 billion, respectively. SiriusXM’s revenue was flat in the quarter compared to the prior year period, and increased by 4 per cent in 2022 compared to the prior year – this dragged down […]
The BBC will continue to champion local music across England with fresh plans for BBC Introducing on local radio and BBC Sounds. In the future, 20 new BBC Introducing programmes will broadcast across the BBC’s 39 local stations each week. For the first time ever these 20 shows will each broadcast twice a week (on […]
The BBC says is taking the next steps to reshape local services after listening to audience feedback around proposals for local radio programming. In October 2022, proposals to modernise BBC local services were set out to boost online provision for 43 areas across the country, enhance local audio services on BBC Sounds and create a […]
SiriusXM, the US subscription radio service, is planning to cut its headcount amid a slowdown in growth. CEO Jennifer Witz informed staff that job reductions were possible in order to address economic uncertainty, including a long-term slowdown in sales, reports Bloomberg. SiriusXM reportedly has around 5,600 employees including those at the legacy satellite radio service, […]
The UK House of Commons Digital, Culture, Media and Sport Committee is to question BBC executives on the proposed cuts to local radio provision. The corporation announced plans at the end October 2022 for greater programme sharing among local stations, with a shift in investment away from broadcasting to digital content. Overall, the changes will result in […]