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May 1, 2023
The final day of the ALL ACCESS AUDIO SUMMIT on FRIDAY (4/28) included two panels of high-powered radio programmers, sessions on social media and spoken word content, and a talk with CUMULUS DAVE MILNER.Whats Cumulus Up To?The third and final fireside chat of this years SUMMIT found ALL ACCESS Pres./Publisher JOEL DENVER talking with CUMULUS MEDIA Pres./Operations DAVE MILNER about radios future, which MILNER summarized as coming down to "great and local content and making sure its ...
April 28, 2023
THURSDAY at the ALL ACCESS AUDIO SUMMIT included a talk with one of radios legends and sessions on measurement and research, talent development, radios relationship with labels, and more. The days sessions were hosted by SKYVIEW NETWORKS syndicated "COUNTRY TOP 40" host FITZ.Scott Shannon SpeaksALL ACCESS Pres./Publisher JOEL DENVER caught up with SCOTT SHANNON in THURSDAYs opening fireside chat, recapping SHANNONs storied career through MOBILE, NASHVILLE, and ATLANTA to ...
April 27, 2023
The ALL ACCESS AUDIO SUMMIT kicked off WEDNESDAY (4/26) with a full day of streaming sessions hosted by PREMIERE NETWORKS midday syndicated host ANGELA YEE.Hubbards Ginny Morris Chats With Joel DenverHUBBARD Chair/CEO GINNY MORRIS stressed her companies commitment to local control and community service in her opening fireside chat with ALL ACCESS Pres./Publisher JOEL DENVER. She expressed "wide-eyed optimism" about radios future, recognizing that listeners have other options for ...
April 26, 2023
UNIVERSAL MUSIC GROUP N.V. first quarter 2023 revenue rose 11.5% year-over-year to €2.451 billion, with EBITDA falling 42.5% (43.4% in constant currency) to €261 million, driven by €261 million in non-cash share-based compensation expenses in 2023, compared to €1 million in 2022. Adjusted EBITDA was yo 14.6% to €522 million (13% in constant currency).Recorded Music revenue rose 11.7% to €1.923 billion (9.6% in constant currency)., with subscription revenue up ...
April 26, 2023
FRED JACOBS presented the results of JACOBS MEDIAs TECHSURVEY 2023, the latest edition of the survey of core radio listeners media consumption habits, at the ALL ACCESS AUDIO SUMMIT TODAY (4/26) leading with the alarming but unsurprising news that among those core radio listeners, AM/FM listening is stalling out, with the percentage of those listening for an hour or more each weekday flat from last year at 86% but steadily declining from 2018s 92%, with Gen-Z and millennials listening the ...
April 25, 2023
SPOTIFYs financial report for first quarter 2023 trumpeted a 22% year-over-year increase in monthly active users to 515 million and a 15% rise in premium subscribers to 210 million while total revenue rose 14% to €3 billion. with premium revenue rising 14% to €2.7 billion. Operating loss widened from €6 million to €156 million, but free cash flow jumped from €22 million to €57 million. The subscriber numbers were above guidance, while the revenue results were ...
April 19, 2023
TUESDAY at the NAB SHOW in LAS VEGAS included the presentation of this years CRYSTAL AWARDS, along with talk about in-car audio listening and artificial intelligence. ALL ACCESS was the first with the list of CRYSTAL winners; see that list here.Meanwhile, EDISON RESEARCH President LARRY ROSIN hosted a pair of presentations on in-car audio and the connected car, with EDISONs LAURA IVEY, focusing on Gen-Z in-car audio listening, and AUDACYs REGGIE SHAH, with insights on consumer preferences ...
April 17, 2023
The NAB SHOW got underway this past weekend in LAS VEGAS with a little bit of audio content scattered amongst the dominant video concentration, including panels on the connected car, the progress of digital expansion by radio (and television), podcast storytelling, and the RADIO ADVERTISING BUREAUs session highlighting radios effectiveness for advertisers.The connected car panel was largely a promotion of XPERIs DTS AutoStage platform, with the panel waxing enthusiastic about the systems ...
April 13, 2023
The INTERACTIVE ADVERTISING BUREAU (IAB)s 2022 Internet Advertising Revenue Report showed slowing of the growth of internet ad revenue, but the growth is still in double digits, at 10.8% year-over-year to $209.7 billion. Digital audio grew 20.9% to $5.9 billion, while digital video saw a 19.3% increase to $47.1 billion. Display ads grew 12% to $63.5 billion.“After unprecedented growth in 2021, we expected more moderation in 2022. Economic uncertainty, geo-political unrest, a shifting ...
April 12, 2023
ALAMO RECORDS A&R executive and GOLD MUSIC GROUP founder MATEO DORADO has joined ATLANTIC RECORDS as Sr. Dir./A&R, based in NEW YORK and reporting to Co-President of Black Music LANRE GABA. DORADO had been with ALAMO since 2017 and was credited with developing ROD WAVE, among other artists. He previously worked in A&R at INTERSCOPEs MIAMI operations.GABA said, “MATEO has all the qualities you want in an A&R -- he has incredible creative instincts, knows how to nurture ...