Digital media is getting most of the buzz these days, and perhaps rightly so, as digital has this decade overtaken TV as the medium with which adults spend the most time on a daily basis. Read the entire article here: US Adults Spend More Time Listening to the Radio Than Using Social Networks
Category: <span>Traditional Media</span>
Official US Labor Department data showed drop of some 27 percent of the jobs in terrestrial radio in the period from January 1990 to March 2016. Employment in Internet publishing and broadcasting, meanwhile, rose from about 30,000 to nearly 198,000, the Bureau of Labor Statistics data showed. Read the entire article here: US newspaper industry […]
YouTube went on the offensive on Thursday, saying it doesn’t shortchange artists but is rather a generous and nurturing force in the music community. Critics who claim the video streamer pays Read the entire article here: YouTube says it pays artists more generously than radio does
Clear Channel Outdoor Americas is partnering with companies to track the behavior of customers who pass its tens of thousands of billboards. Read the entire article here: See That Billboard? It May See You, Too
CBS Radio laid off several hundred people at properties across the country on Monday. Although few details are available, informal tallies suggest the number of layoffs may be over 200, with the bulk of them falling on off-air positions, including sales, promotions, and producers, although some on-air positions were also affected. Read the entire article […]
Over the past two decades, major newspapers across the country have seen a recurring cycle of ownership changes and steep declines in value. Read the research here: The declining value of U.S. newspapers
According to a Jacobs study, 81% of weekly radio station listening is now taking place on an AM/FM radio in a car (51%) vs. at home, work, or school (30%), Read the entire article here: Radio Listeners: AM/FM Still Strong; Digital Platforms Key for Youths’ Music Discovery
There’s only so much time in a day. Here’s a 5 year trend on media consumption usage. US Adults’ Daily Major Media Consumption Estimates, 2011-2015.
Norway’s Minister of Culture announced this week that a national FM-radio switch off will commence in 2017, allowing the country to complete its transition over to digital radio. It’s the end of an era. Read the entire article here Norway Will Be the First Country to Turn Off FM Radio in 2017.
While regular AM/FM Radio is Still Consumers’ First Choice For In-Car Audio, when 18-34 Adults were asked what the first thing they turn on for music is, 42% chose Satellite, CD’s, Streaming, and HD Radio.
Digital subscription and streaming revenues grew by almost 29% last year to reach roughly $1.87 billion, surpassing sales of CDs ($1.85 billion) in the process Read the entire article here Music Streaming Revenues Up 29% in 2014, Surpass CD Sales.
Among respondents aged 18 and up who had driven or ridden in a car in the month prior to the survey, AM/FM radio loses another 5% this year (81%, down from 86% last year), Among respondents who say it is “very important” or “somewhat important” to keep-up-to-date with music, YouTube is more important than AM/FM […]