Like Spotify’s two-pronged approach to podcasting, a mix of acquisitions and original content, iHeartMedia has actively improved its stature in the format. Among the U.S. audience, as of September, iHeartMedia narrowly ranked second behind NPR, 26.05 million to 25.98 million, according to podcast analytics company Podtrac. iHeartMedia produces such popular podcasts as Stuff You Should Know, Crime Stories With Nancy Grace, Paper Ghosts and Dead Ass With Khadeen and Devale Ellis. iHeartMedia certainly needs a boost in 2020. Digital advertising accounted for about one-fifth of iHeartMedia’s second quarter revenue, from April to June. Broadcast radio sales, half of total revenues, fell 56.5% compared to the same period last year from $561.1 million to $244 million. But podcasting revenue grew ...
SiriusXM’s satellite service had steady improvements from the third quarter in 2019.• Satellite subscriber revenue improved 1% to $1.6 billion.• Satellite gross profit grew 7% to $596 billion Pandora had mixed results that showed the business has recovered from a pandemic-related crash in the second quarter. The following are the third-quarter year-over-year results: • Pandora’s advertising revenue dropped 3% to $306 million, a big turnaround from the 31 percent decline in the second quarter.• Pandora’s self-pay net subscribers grew by 105,000. Pandora has two subscription services: a $9.99 premium service and a $4.99 radio tier with limited interactive features.• Pandora’s September advertising increased year-over-year, said Meyer — but didn’t give the number. Three full-year guidan...
Also, Spotify will get behind a mini-documentary on the youngster, set to premiere next month. In recent months, the Kid (real name Charlton Howard) has matured into a fully-grown international chart star. In the U.S., his debut F*ck Love opened at No. 8 on the Billboard 200 albums chart, with 40,000 combined units (including 33,000 in SEA units and 7,000 sales). F*ck Love bowed at No. 12 on the Official U.K. Albums Chart, just one place behind the debut of two-time Grammy-winning U.S. hip-hop star Logic’s final album, No Pressure. In his homeland, LAROI impacted both main ARIA charts as his debut mixtape started at No. 3 on the albums survey, behind recordings by Taylor Swift and Cub Sport. A protégé of the late Juice WRLD, the 17-year-old bagged three nominations heading into the 20...
The world’s music streaming platforms have often been a source of controversy and debate in the music industry. While many love the convenience they offer to listeners and the ability to reach markets easier than ever, many artists are facing economic and financial strife due to the low payout per stream. The United Kingdom’s Digital, Culture, Media, and Sport Committee (DCMS) is aware of these issues and is now getting involved in a new investigation into streaming platforms’ economic impact on the music industry as a whole. On the DCMS Committee’s website, officials shared a statement highlighting the large revenue brought in by the companies and emphasized how small the portion actually paid to artists is. “With streaming currently accounting for more than ...
Source: WENN/Avalon / WENN Coming to America, the 1988 comedy starring Eddie Murphy and Arsenio Hall, remains a classic in many households around the world. The anticipated sequel from Paramount Pictures is reportedly now moving to Amazon Studios, with a wintertime release date attached. As the moviegoers around the world are left with limited options due to the coronavirus pandemic, theaters are shuttering thus pushing streaming back into the mix. With Disney Plus and Amazon Prime employing the strategy of video on demand, Hollywood is slowly shifting to the home theater model for the foreseeable future. As Deadline reports, Coming 2 America will now be the property of Amazon Studios, with a price tag reportedly around $125 million if the whispers behind the scenes are true. A date of Dec...
Over the course of the last three months (July 1-Sept. 30), engagement with IRL events has remained steady (up 4%, comparing engagement from the month of September to that of July) and interactions with free livestreams has declined (down 26%). In the same tracking period, ticket clicks on paid livestreams has risen by 577%. In July, ticket clicks on paid livestreams accounted for 3.3% of all activity on Bandsintown, at just 70,136 clicks, compared to 1.54 million on IRL events and 485,000 on free livestreams. That percentage leapt to 12.6% in August and then to 19.5% in September, stretching July’s 70,000 count to 475,057 ticket clicks. Zooming in on free livestreams vs. paid livestreams (removing IRL events from the equation), ticket clicks on paid events were just 14% of the engagement ...
Mr. Bungle, photo by Eric Larsen Mr. Bungle are celebrating the release of their first album in 21 years with a virtual Halloween concert. The show, dubbed “The Night They Came Home”, will premiere on October 31st. As previously reported, Mr. Bungle will release The Raging Wrath of the Easter Bunny Demo on October 30th. The newly recorded LP updates a 1986 demo and features a lineup of original members Mike Patton, Trey Spruance, and Trevor Dunn alongside thrash legends Scott Ian (Anthrax) and Dave Lombardo (ex-Slayer, Misfits). With live concerts still on pause for the most part due to the pandemic, Mr. Bungle will bring their record-release party to the whole world, with a global stream beginning noon PT / 3 p.m. ET on Halloween day. Virtual tickets are $15 each and allow streaming up to...
If you couldn’t tell, Halloween is a big deal when it comes to streaming. Netflix, Hulu, Shudder, and AMC are all offering countless tricks and treats for the month of October. Joining them is The Criterion Channel, and they may be a cut above the rest. As Bloody Disgusting reports, the prestigious channel is dialing things back to the ’70s for October 2020, dropping 29 vintage titles that prove horror looked better in bell bottoms and sequins. It’s a pristine lineup that would impress the likes of Joe Bob Briggs. “In the 1970s, everything was wilder, weirder, and more far-out—and horror movies were no exception,” Criterion announced in a statement. “This tour through the 1970s nightmare realm is a veritable blood feast of perverse pleasures from a time when gore, grime, and sleaze found a...