digital

Warner Music Group made $54 million from streaming services last quarter

Thursday, August 9, 2012 - 1:20pm

Internet radio and on-demand streaming services contributed about $54 million -- or 25% -- of Warner Music Group's recorded music division's digital revenue last quarter. That reportedly amounts to about 8% of Warner’s total revenue for that period, reports AllThingsDigital. (Note, this revenue does not include the licensing paid by cloud/locker services from Apple and Amazon.)

"What’s more encouraging for Warner — and presumably, the rest of the big labels — is that streaming revenue is growing quickly, but doesn’t seem to be cutting into traditional digital sales from outlets like iTunes," writes Peter Kafka. "Just as encouraging: Warner says that after you net out the effect of currency fluctuations, the increase in digital sales was bigger than the decrease in physical sales."

Dare we to even imagine that streaming services like Internet radio might have a promotional benefit to the copyright owners?

Read more in AllThingsDigital here.

Financial Times' digital subscriptions outnumber print, half of revenue is now digital

Friday, July 27, 2012 - 12:20pm

Financial Times on a tabletDaily newspaper The Financial Times says its digital subscribers now outnumber those for print. Plus, the publication says half of all FT Group sales revenue is now digital. TechCrunch calls the news "a milestone reached as the world of old media continues its push in a digital direction." 

The Financial Times' digital subscriptions number 300,000 (up 31% year-over-year) while print subscriptions are at 299,000. The publication's overall sales are growing too, pushed by digital which is outpacing overall growth "by quite some way."

Mobile has also become "a significant part" of Financial Times' operation, with 25% of traffic to FT.com coming from mobile devices.

TechCrunch has more coverage here.

DMR shares insights culled from 5 years of digital marketing for major market radio at RAIN Summit

Friday, July 20, 2012 - 12:15pm

Today at our RAIN Summit Midwest event at The Conclave, strategic marketing firm DMR Interactive shares the results of its comprehensive analysis of radio clients' digital campaigns over the past 5 years. DMR synthesized results from digital marketing in markets like New York, Los Angeles, Atlanta, Dallas, and Miami -- totalling over $2.3 million worth of advertising and 1.2 billion impressions and half a million clicks.

First, DMR found that 80% of those that respond to digital ads are heavy radio users (listening at least one hour a day).

Another important finding -- and something that radio may find counter-intuitive -- concerns the use of station logos and slogans. One "well branded, major market CHR station" was using its station logo in display ads, as was getting poor results. After the station removed its logo for "images of listeners and core artists" in the ad, response more than doubled. Similarly, clients found "keyword search ads" performed better than display ads -- with the caveat that "station slogan or names of secondary on-air talent" did not make for effective search keywords.

Andrew Curran, DMR Interactive COO/Radio, said, "You can’t just set up a digital campaign and let it run. You need to constantly be managing and adjusting your efforts. The fact that we integrate digital marketing into a larger listener engagement strategy and are constantly monitoring and adjusting to optimize performance, helps drive such strong results for stations."

The third-annual RAIN Summit Midwest took place today at The Conclave Learning Conference in Minneapolis. 

Sonos adds visual improvements to iPhone, iPad, and Android tablet apps

Tuesday, 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.

BIA/Kelsey expects online/digital to make up 25% of local ad market

Tuesday, 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.

Lots of mobile and social media content in upcoming Jacobs Media Summer School

Monday, July 16, 2012 - 12:05pm

It looks as though at least half of the sessions at Jacobs Media's annual Summer School event will focus on social media and mobile marketing. The event is part of the 37th annual Conclave Learning Conference this month in Minneapolis.  

Jacobs' digital/social guru Lori Lewis will speak twice, first on winning Facebook strategies, then focusing on learning from social media practices of the U.S. Armed Forces. JacAPPS CEO Paul Jacobs will present findings concerning mobile from the Techsurvey8 studym, while Jacobs Media president Fred Jacobs will also look at the study's results and share strategies for broadcasters "to differentiate themselves from new digital competitors like Pandora." Guest lecturers Michael Brandvold, and Chris Iles from the Minnesota Twins, also will discuss the smart use of Twitter and other social tools.

"The goal of our curriculum' is to give Conclave attendees great learning tools in short, concise sessions that they can implement the moment they get home," explains Fred Jacobs.

Summer School 3 will kick off The Conclave Wednesday, July 18th at 9am in the MusicMaster Ballroom of the Doubletree Park Place Hotel. Read more about the Jacobs Summer School, and register for The Conclave, here.

Our own RAIN Summit Midwest -- with keynoter Steve Dahl; presentations from knowDigital's Sam Milkman, Geller Media International's Valerie Geller, and dmr Interactive's Ed Schindler; panels focusing on multi-platform strategies, Facebook, pureplay/terrestrial competition, and streaming strategies; and RAIN publisher Kurt Hanson's "State of the Industry" address -- closes The Conclave Friday, July 20th at 10am.

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