SNL

Bruno Mars rescues Pandora listeners' streams following power outage

Monday, October 22, 2012 - 12:55pm

Well, that didn't really happen -- only in a "Saturday Night Live" skit over the weekend. But, hey! Leading webcaster Pandora was the basis for an SNL sketch! That's nearly as cool as having a story in The Onion.

Following a loss of power at Pandora headquarters, intern Devin (played by musical guest Bruno Mars), hoping to maintain listeners' streams, is forced to impersonate several popular singers (we had no idea how much Green Day's Billie Joe Armstrong sings like Jim Carrey's Fire Marshal Bill Burns character).

The bit works particularly well when a Michael Jackson channel listener keeps skipping songs!

Watch it here.

Not only will listening grow, but Internet radio CPMs will climb as ads are locally-targeted, says analyst

Thursday, October 27, 2011 - 12:55pm

SNL Kagan this week announced its new report, "The Economics of Internet Music and Radio," predicting continued growth for Internet radio ad revenue, outperforming traditional media, over the next decade.SNL Kagan

"We expect radio station digital/online ad revenue to grow... from an estimated $713 million in 2011 to $1.55 billion in 2021," reads the report summary. "Based on our 10-year radio ad spending projections, radio station digital ad revenue is expected to rise from 1.5% of the total in 2007 to 7.0% by the end of 2021."

For "Internet-only" radio, Kagan forecasts a faster growth, from $293 million this year to over $1 billion by the end of 2021.

ForbesCertainly, as Internet radio's audience grows, it'll attract a greater number of advertisers. What's more, as Forbes reports, "SNL analyst Justin Nielson says that with Internet radio services migrating to mobile devices and in-car systems, companies will soon start pushing local and targeted ads." That should raise ad rates from current $5-7 CPMs to the $10-$20 range, Forbes says.

SNL Kagan publishes corporate, financial, and market news and analysis in the media and communications sector. SNL senior consultant Robin Flynn has spoken at the RAIN Summit and was a judge for the 2011 RAIN Internet Radio Awards.

The SNL Kagan report is available here (password required).

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