Spanish Radio Assn: PPM Devastating for Local Economies
As expected, the New York City Council has voted unanimously to ask the FCC to investigate Arbitron’s PPM electronic ratings system.
As expected, the New York City Council has voted unanimously to ask the FCC to investigate Arbitron’s PPM electronic ratings system.
The RIAA and Digital Media Association (DiMA) inked an agreement with organizations that represent musicians and songwriters, intended to provide a clear licensing procedure for digital music distribution. The agreement does not cover internet radio, which has been undergoing a testy royalty battle of its own for the past 18 months.
Radio analyst Jim Boyle of CL King & Associates says that the decline in radio has “never been so broadly negative.”
Advertising spending in the first half of 2008 declined slightly (-1.4 percent) compared with the first half of 2007, despite healthy advertising growth for several media and among some top advertisers, according to preliminary figures from Nielsen Monitor-Plus - via MarketingCharts.
HD digital radio is attempting to become more mainstream by offering consumers more data services and other features.
Advertisers revving up for the 2012 London Olympics are forewarned of strict U.K. advertising standards that prohibit them from using certain words in ads around the event.
Shares of Sirius XM have plummeted 30 percent to a five-year low in recent weeks and, though satellite is outperforming traditional radio, it isn’t faring much better in terms of the bottom line. The survival of the company may be in jeopardy, some analysts believe.
Radio saw its sixteenth month of revenue declines, but four programming executives spoke of reason for hope at the National Association of Broadcasters radio show this week. Among other initiatives, they’re pinning hopes on the good moods of radio personalities and their ability to blog well.
Radio stations in the U.S. reach more than 235 million diverse listeners over the course of a week, with 93 percent of all adults age 18-34 tuning in to radio, according to preliminary findings from Arbitron’s RADAR 98 (September 2008) radio listening estimates.
The top 100 B2B advertisers spent an estimated $6.05 billion on B2B advertising last year, down 1.9 percent from $6.17 billion in 2006, according to a BtoB Magazine analysis of ad spending from TNS Media Intelligence, MarketingCharts writes.
August will mark the 16th straight month of radio revenue declines, with an expected drop of 8 percent to 9 percent, says Jim Boyle of C.L. King and Associates.
Radio, along with local television and pure-play websites, is poised to post the largest gains of all local media sites.
Global Radio, Britain’s largest commercial radio owner, is undergoing what the Guardian calls the biggest rebrand in commercial radio history. The radio group is eliminating 29 local radio station identities under its One Network brand, instead rebranding them under the Heart radio stable, which currently has just three stations.
As if Arbitron didn’t have enough fires to put out surrounding its PPM ratings system, now the New Jersey Attorney General is getting into the game.
Arbitron plans to add cell phone-only households to its survey sample in 125 markets beginning with the Fall 2009 survey, the company announced today. The company’s goal is to sample cell phone-only households in all diary markets.
Off-Air (non-spot) revenue has surpassed last year’s midyear forecast by the Radio Advertising Bureau (RAB) and is expected to approach $2B by the end of 2008 - nearly a full year ahead of the projected timeline, RAB reported.
Arbitron received a subpoena yesterday (Tuesday) from the New York Attorney General’s office requesting documents about the PPM dating back to 2003, in an investigation into the portable people meter system.
Sirius XM Radio announced that rock band AC/DC will host their own music channel on Sirius, to celebrate the upcoming release of Black Ice, the band’s first studio album in eight years. AC/DC Radio will be broadcast on SIRIUS channel 29 and will debut on Monday, September 15, 2008 at 6pm through January 15, 2009.
The new Sirius XM Radio is having trouble raising enough money to pay back the $300 million in debt due early next year, but CEO Mel Karmazin says he is confident he will be able to resolve the problem through bank financing.
Starting September 16th — two years and a day after its birth — Zune users will be able to wirelessly download or stream songs from wireless hot spots.