Broadcast radio is still one of the most used sources of media and a top vehicle for music discovery, but it won't maintain this top spot for long if the current trend holds, according to two major listenership studies
T he largest radio conglomerate in the US, iHeartMedia, became a publicly-traded company again on Thursday, are launching its direct listing. Shares of the company, which just recently emerged from bankruptcy, are listed under the ticker “IHRT” on the NASDAQ.
Lorna Clarke has been named as the first BBC controller of pop music. She will be responsible for all pop stations including Radio 1, Radio 1Xtra, Radio 2, Radio 6 Music, and Asian Network, in addition to other music output such as BBC Music and music television.
Recently, DJ Khaled and Billboard entered into a dispute of sorts after Billboard disqualified a number of the artist's most recent album sales owing to the fact that they were bundled with energy drinks Awake Energy and Isotonix Turn Up via a massive marketing campaign, bumping the litigious DJ from the #1 slot.
Jason Bentley, the longtime Music Director of the influential Los Angeles radio station KRCW, announced that he was stepping down from the position and as host of the radio show Morning Becomes Eclectic.
While many artists feel that playlist placement on platforms like Spotify have become the be all and end all when ti comes to exposure, terrestrial radio - from college to local indie stations - can still do a huge amount for getting your music in the spotlight. Here we look at four key steps for securing your latest single a slot on the airwaves.
MTV has hired legendary producer Sheila Nevins to oversee MTV Documentary Films, a new division aimed at creating content which explores social, political and cultural stories of interest to its young audiences. At age 80, Nevins, who had an award winning run 38 year run with HBO's doc division, is a bold choice for the network.
When critically acclaimed singer/songwriter, Amy Speace, live streamed a Concert Window album preview from her walk-in closet to the fans who had just helped fund its release, it wasn’t because she couldn’t book another venue. It was because she is both a new mom, and a musician, and with a one year old asleep down the hallway, it was a way to say yes to both.
SiriusXM today announced missed Q1 2019 operating and financial results. Total revenue of $1.7 billion increased 27% compared to the prior year with growth driven by the acquisition of Pandora. But the purchase also hit net income driving it down 44% to $162 million.
SiriusXM has added an "Essential" subscription streaming only plan, making its multi-channel service available on mobile, tablet, desktop and other connected devices. Essential subscribers get 300 channels from SiriusXM's lineup of music, comedy, news, sports and entertainment.
While a recent Billboard headline proclaiming women to be dominating the Hot 100 might lead you to believe otherwise, a closer look at the data reveals the gender play gap to still very much be an issue in the music business.
SoundExchange distributed $220.7 million in payments to more than 185,000 payees in the first quarter of 2019. This represents a 16.2% increase in distributions and 17.3% increase in payees over the first quarter of 2018.
While the massive uptick in the popularity of audio seems like it should be good news for traditional broadcast radio, the reality is that much of this resurgence has manifested in the form of podcasts and new forms of tech like smart speakers.
In an effort to pay down its massive debts, iHeartMedia is set to file for an IPO, a move by the bankrupt internet radio company which could be indicative of what the future may hold for other music companies involved in radio, and specifically internet radio, may do moving forward.
Why Would Anyone Invest In Post-Bankruptcy iHeartMedia? Because 'Radio Motivates Behavior' says Fred Jacobs
At a time when more younger listeners are tuning out in favor of streaming and other forms of media consumption, broadcast radio giant iHeartMedia is hoping to raise $100 million in an IPO. If an aging audience isn't enough to scare off investors. the fact that iHeart is just emerging from a multi-billion dollar bankruptcy may do the trick.
Radio giant iHeartMedia has filed for a $100 million IPO, even as it just emerges from bankruptcy. William Paterson University Music Business Professor David Philp takes a look at the state of terrestrial radio, its less than graceful handling of the internet's rise, and why it needs to adapt, as radio's core audience ages out while simultaneously switching to other forms of audio entertainment.
SiriusXM and Pandora has launched the first cross-platform listening experience since the satellite broadcaster acquired the streaming service. Leveraging Pandora's listener data, Pandora NOW is be both a SiriusXM channel and a Pandora interactive station and playlist for its combined audience of 100 million listeners.
Despite the ubiquity of other media entertainment options, radio has endured into the streaming age, albeit with its own share of struggles. In this piece, consultant Fred Jacobs looks at recently collected data among radio listeners surveying why they still tune in.
In this piece Fred Jacobs recalls the era of Album Oriented Rock (AOR) and, more specifically, the 'King Biscuit Flower Hour,' a show which presented original concert programming through until the early '90s. So could the such programming survive today, living as we are in the age of reboots?
The concept of neighboring rights parallels that of performance rights. Where performance rights reference the right to perform a composition, neighboring rights reference the ability to publicly perform the sound recording. So, why are these neighboring rights so important to artists and independent labels?
The latest financial filings from Napster proves that music streaming - at least, the all paid variety - can be profitable. From 2017 to 2018, Napster moved from a net loss of $13.1 million to a net profit of $10.3 million.