3/12/13: Spotify will reportedly expand Net radio service to all its markets

Paul Maloney
March 12, 2013 - 3:35pm

Global music streaming service leader Spotify will reportedly soon offer ad-supported streaming radio in every country in which it operates.

Pandora, the leader in Internet radio, hasn't successfully negotiated licenses to operate outside the U.S., (and recently) Australia and New Zealand.

Spotify's main service is subscription-based, on-demand streaming. They do, however, offer a free, ad-supported, non-interactive streaming radio service as well. And while the service hasn't generated many rave reviews (we don't know about actual usage), especially when compared to Pandora, the move gives Spotify access to an audience Pandora doesn't have.

Three anonymous sources told Bloomberg Spotify is close to finalizing deals with record labels for the service, which is planned to launch next month.

Read more in Bloomberg here.

Paul Maloney
March 12, 2013 - 3:35pm

Pandora reports that not only are they better monetizing their growing mobile listening, but both its last quarter and fiscal 2013 mobile revenue grew faster than mobile listening during the same time periods.

Pandora revealed last week it grew its overall annual revenue 56% over the previous year. In a separate announcement, Pandora announced its February 2013 total listening hours, active listeners total, and share of total U.S. radio listening.

Pandora's fourth quarter total mobile revenue, $80.3 million, was up 111% year-over-year, will mobile listening grew 70% during the same period. For fiscal 2013, total mobile revenue was $255.9 million, up 105% year-to-year, and also outpacing strong mobile listening growth of 89%.

The leading web radio service says its overall fiscal 2013 revenue was $427.1 million. It also reported the year's final quarter's revenue totaled $125.1 million, 54% higher than the same quarter in fiscal year 2012.

During February, Pandora streamed 1.38 billion hours of content, a 42% jump from February of last year (it was 1.39 billion in January, a month with 3 more days). Active listeners were 67.7 million at the end of February 2013, up from 65.6 million in January, and a 37% increase over the same time period last year. Pandora says its share of total U.S. radio listening in February 2013 was 8.48%, an increase from 8.03% in January and 5.74% in February 2012.

Paul Maloney
March 12, 2013 - 3:35pm

With RAIN Summit West less than a month away, we thought you'd be interested in the results of a recent study of consumer satisfaction with various independent travel websites.

The results are from the more than two-thousand repondents to last fall's J.D. Power and Associates 2012 Independent Travel Website Satisfaction Report (here).

Out of a possible 1,000 points, Booking.com ranked highest, scoring 816. Close behind were Hotwire.com with 813, Priceline with 808, and Orbitz with 799 -- all higher than the 798 average.

Scoring below average were Travel.Yahoo (777), CheapTickets.com and CheapOAir.com (both 785), Travelocity (793), and Expedia.com (795).

Interestingly, while people who visit these sites most often use them to book flights and hotels, consumers renting cars and purchasing vacation packages are actually most satisfied with travel sites.

We hope you're planning to join us in Las Vegas for the Summit. It's April 7, just as the NAB is getting underway. We're very happy to have two great keynote speakers: RAB CEO/president Erica Farber, and Rhapsody president Jon Irwin. On our RAIN Summit West page, you can see the other great speakers who'll be there, the panels and presentations we've assembled, and register for the event.