RAIN 7/17: Forecast says radio will see local online revenue grow 12% a year

Paul Maloney
July 17, 2012 - 12:00pm

BIA/Kelsey expects a 11.7% compound annual growth rate (CAGR) for radio's local online revenue in the 2011-2016 period. While television's local online revenue will grow a little more quickly (almost 13% CAGR), both trounce newspaper's (5%).

The firm also expects local ad revenues in the "online/interactive/digital" category to grow more than 13% this year, pushing the digital category past the 25% mark in the local ad market.

Probably not surprisingly, the "star" categories in BIA/Kelsey's new "U.S. Local Media Forecast (2011-2016)" are mobile, social media, and online video. The analysts expect the local mobile search segment to grow 77% this year, local online video about 52%, and social media 26%.

A summary of the report is here; purchase the full report here.

Michael Schmitt
July 17, 2012 - 12:00pm

The Echo NestThe Echo Nest is looking to give webcasters and developers more tools that analyze the social (and perhaps even the political) aspects of music.

The company has just announced the launch of Taste Profile Similarity, a tool which gives services (like iHeartRadio and Spotify's radio service, both of which use The Echo Nest) the ability to connect different users based on similar music interests. It can also be used, points out The Echo Nest, to automatically suggest specific streaming radio stations to users based on their taste in music.

"Taste Profiles help us understand which music a listener likes or doesn’t like with precision, so we can make personalized playlists more relevant across a variety of services," The Echo Nest writes at its blog.

To showcase the new tool, the company has launched a web capp called "What's your stereotype?" You can punch in your favorite artists and the site will place you in a musical stereotype category. Try it out here and read more here.

The Echo Nest has also used its Taste Profiles to discover what musical interests say about about users' politics. For example, The Echo Nest found that Republicans appear to have less diverse taste in music than Democrats, that Kenny Chesney fans are most likely to be Republican and that Rihanna fans most likely to be Democrat.

You can read much more in the company's blog post here.

Michael Schmitt
July 17, 2012 - 12:00pm

Ford SYNCRoximity aims to bring personalized, local deals and offers to drivers through dashboard systems like Ford SYNC. In fact, the service even won the Ford SYNC App Developer Challenge last year.

The service recently raised $500,000 in investment, reports The Next Web. And it says to look forward to "big announcements" coming in early August.

An interesting service, Roximity may prove to be another example of digital services edging in on territory traditionally held by AM/FM radio.

You can find more coverage from The Next Web here.

Paul Maloney
July 17, 2012 - 12:00pm

Sonos, the wireless home music device company, has announced updates to its Controller apps for iOS and Android.

The Sonos system enablea you to play your digital music collection throughout your home, on your stereo, intercom, or home theater systems. The system is controlled remotely via apps for iOs and Android phones and tablets.

The updates are mostly visual, and make the apps more pleasing to the eye, and perhaps easier to use. For Apple's devices, the update includes support for the high-resolution Retina Display on both the iPhone 4S and New iPad (hope you've been saving your CD cover art in a good resolution!). For the Android version, the Sonos Controller for tablets is optimized for both 7" and 10" devices, and include "landscape mode."

There's more in the Sonos blog here. Photo from The Verge here.