Net radio leaders from Europe, U.S. will share strategies for generating revenue in online radio

Friday, September 28, 2012 - 1:15pm

France-based Radionomy provides users a platform to create their own online radio stations (and listen to others' stations) using its 80,000 song library (or their own songs), along with social networking functions and tools to promote and monetize their programming (those in the U.S. are probably familiar with the concept from companies like Live365 and Loudcaster).

Founded in 2008 in Belgium, Radionomy (prior coverage here) attracts 13 million monthly unique users streaming 40 million aggregate listening hours per month to their more than 6,000 user-created radio stations. Last week at our RAIN Summit Dallas conference Radionomy announced its entrance into the U.S. market.

Next week Radionomy CEO Alexandre Saboundjian (left) will join us for at RAIN Summit Europe, October 5th in Berlin. Saboundjian will speak on the panel "Monetizing Digital Audio" alongside RMS Head of Sales & Digital Media Frank Nolte. RMS is a leading audio marketing company in the German (online and terrestrial) radio ad market. Together with RMS Austria, which serves 42 Austrian outlets, RMS is the largest audio marketing company in Europe.

The panel also features and Liquid Compass CEO Zach Lewis, whose company offers stream-hosting services for desktop and mobile webcasting, and develops customizable media players and radio streaming applications.

Representatives of companies like Deezer and NRJ International will also take part in the "Monetizing Digital Audio" discussion (more here). Christian Jonas Lea, who is a media and marketing pro in Germany, having launched the new Dig This Media, and blogs at cjlea.com, will moderate.

RAIN Summit Europe will be our very first RAIN Summit event outside North America, and will offer a learning and networking opportunity unlike any of our previous gatherings.

Our keynote speaker represents perhaps the most significant online music concern to come out of Europe, Spotify. Spotify's European GM and VP of Ad Sales Jonathan Forster's (left) company now boasts 15 million active users worldwide, 4 million of whom pay for the service every month. Besides its on-demand streaming product, Spotify Radio is a personalized radio stream listeners create based on artists, songs, or genres, which can be further influenced through "thumbs up/thumbs down" song ratings.

Please take a look at our full roster of industry experts and agenda of panels, all of the most up-to-date information, and registration links on the RAIN Summit Europe page. And please check out where we'll hold the Summit: the very stylish nhow "Berlin" - The Music & Lifestyle Hotel Berlin.

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