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Value of radio declined by 10.6% in 2020, as podcasts continue to boom [report]

Commissioned by consulting giants PwC, the
Media and Entertainment Outlook found that the total value of the radio segment sits at $1.4 billion, with the 10.6% decline being largely attributed to a loss in traditional radio advertising revenue.
The report acknowledged that while terrestrial radio and digital audio broadcasting (DAB) is expected to make a recovery once audiences return to predictable daytime patterns, it is not anticipated the sector will return to 2019 levels within the next four years.
PwC also noted that while metropolitan stations witnessed a decline in revenue, regional radio largely maintained its market share throughout 2020, with talkback radio also growing to dominate radio listenership once surveying resumed in September 2020. ....

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These former Facebook engineers' social startup aims to become the Netflix of audio platforms

These former Facebook engineers’ social startup aims to become the Netflix of audio platforms
Bengaluru-based Headfone, an app that helps create and share audio content with listeners across India, wants to take the lead in the Indian audio market.
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In 2020, when the pandemic year forced many to be house bound, it was not just bread baking and binge watching that caught on. There was a new favourite on the horizon - podcasts!
According to the Media and Entertainment Outlook 2020 report by PricewaterhouseCoopers, India emerged as the third-largest podcast listening market in the world after China and the US, with 57.6 million monthly listeners. ....

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Pankaj Pavan Khaitan debut as India's youngest producer

Pankaj Pavan Khaitan debut as India s youngest producer
Pankaj pavan khaitan said The producer is tasked with making sure the film is delivered on time and within budget and has the final say on creative decisions. Khaitan says he is all ready to take the responsibility.
April 1, 2021 22:15 IST
This is the era of new generation producers as young producers are charming the industry. Pankaj pavan khaitan is one of India s youngest producers with his new web series Behind The Truth all set to be released on OTT platform.
He already owns multiple businesses like Khaitan Jewels (2017), Khaitan Charitable Trust (2018), Khaitan Enterprise (FITFLOW Water) (2019), Khaitan Entertainments (2020). He says he is also working on his upcoming music album Chal Mere Naal featuring Jae Sing. To talk about the cast of his upcoming web series, Jae Sing is in the lead with director Karan Kashyap. ....

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We launched Rs 7 and Rs 25 mini subscription packs to solve issue with listeners' willingness to pay, says Spotify's Neha Ahuja

We launched Rs 7 and Rs 25 mini subscription packs to solve issue with listeners' willingness to pay, says Spotify's Neha Ahuja
afaqs.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afaqs.com Daily Mail and Mail on Sunday newspapers.

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Pankaj Pavan Khaitan debut as India's youngest producer

Pankaj Pavan Khaitan debut as India's youngest producer
dnaindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dnaindia.com Daily Mail and Mail on Sunday newspapers.

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