SiriusXM Seeks Younger Audience As Q3 Revenue Plateaus
SiriusXM disclosed a drop in paid subscribers for the third quarter in a row during its Tuesday morning earnings call as revenue for the satellite radio giant held flat in Q3 2023. The news comes as no surprise after CEO Jennifer Witz's previous forecast.
As Biden Grabs Reins On AI, Here’s How It Affects Radio
In a landmark move, President Biden issued an executive order based on the use of artificial intelligence. As this is the first step toward government regulation of AI, Radio Ink reached out to two experts in AI's broadcast sector for their thoughts.
Cumulus Takes Double-Digit Dip In Q3, With Optimism For 2024
Radio's 2023 Q3 earnings call season began on Friday morning with Cumulus Media. According to Cumulus Media President and CEO Mary Berner, the company's Q3 figures are in line with internal projections, despite a disparity between local and national revenue streams.
Radio Puts All Eyes On AM For Final Day Of NAB Show NY
Possibly radio's defining issue of 2023, AM radio was at the forefront of the final day of NAB Show New York with two panels covering the band, the continued fight for its place in the car, strategies for successful AM programming, and its technological future.
AM/FM Radio Beat Streaming and YouTube Combined In Q3
Edison Research is giving a first look at the latest data in its ongoing Share of Ear report and the audio consumption habits of Americans aged 13 and above. 2023 Q3 was another solid showing for OTA radio, even as streaming audio TSL climbs.
Coleman Study Shows Podcast Radio Could Swing OTA Audience
As Podcast Radio begins a format rollout in four Beasley Media across the US, a study by Coleman Insights has discovered that 81% of podcast consumers in the US are keen on tuning into an AM/FM that broadcasts handpicked podcast content.
As TV’s 18-34 Decline Continues, Radio Hangs Tough
Two years after AM/FM audiences 18-34 surpassed that same demographic in television, radio continues to defy longstanding predictions. As linear TV plummets, recent data from Nielsen's Q2 2023 Total Audience Report shows radio's resilience.
BIA Forecasts Local Ad Surge For 2024 On A Political Tidal Wave
BIA Advisory Services' newly published 2024 US Local Advertising Forecast anticipates a robust year for local advertising, but how will traditional media stack up against digital as political revenue promises to make the new year a significant one?
Radio Hosts Fail The Endorsement Trust Test While Podcasts Soar
As misinformation and erosion of trust in the media continue to be two of the biggest modern issues for audiences and advertisers, a new study commissioned by Acast appears to have some very grim news for radio.
Gen Z Spends Almost Equal Time Between Social Media and Audio
New Gallup poll data on Gen Z reveals that the gulf between social media usage and audio consumption is much more narrow than some would suggest. Daily media consumption figures show how audio remains a viable target for advertisers wanting younger audiences.
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