web radio

Web radio "fastest growing music listening option," says NPD Group

Tuesday, April 3, 2012 - 12:05pm

NPD GroupOnline radio services reached 43% of U.S. web users in 2011, according to research from The NPD Group. The market research company says that's up 9% -- or 18 million users -- from 2010. NPD says that makes Internet radio "the fastest growing music listening option." Meanwhile, AM/FM radio usage stood at 84% ("relatively steady," said NPD). 

The NPD Group found that web radio is most popular among web users age 18-25. Additionally, NPD found that just 3% of web users listened to paid Internet radio during the year. 

Listeners of Internet radio cite such serviecs "as a reason to do less file sharing, and they credit online radio with improving their ability to discover new artists," said NPD Group SVP Russ Crupnick.

You can find The NPD Group's press release here.

It's not clear if those 43% of U.S. web users are regular Internet radio listeners, or tuned in just once or twice during the year. Additionally, though The NPD Group says 12% of web users "listened to music integrated into Facebook or other social networks by services like Spotify and MOG," it's not clear if listening to Spotify and similar on-demand music services is included in the 43% figure. -- MS

Revenue growth outpaced web music audience gains last year, study finds

Thursday, March 1, 2012 - 11:30am

Web radio growthFor years, Internet radio and web music services have been growing their audiences but complained that revenues weren't keeping up. That all changed last year, says AccuStream Research, when for the first time revenue growth outpaced listening hour increases. Moreover, the research firm expects that growth will "continue unabated in 2012."

AccuStream's report (“Internet Music Radio and Track Play Growth 2012-2014: Listening and Monetization Analysis”) found that listening hours for "Internet music radio and track play" (presumably including services like Spotify and Rhapsody) grew 50.5% in 2011, reaching more than 1.3 billion hours monthly.

Meanwhile, mobile listening exploded: it grew 222% in 2011, according to AccuStream, and now accounts for 41% of hours streamed monthly. In 2012 70% of Pandora's listening is "non-PC," says the report, as is 50% of Slacker's audience.

Increases in monetization (including ad and subscription revenue) outpaced listening hour growth, with an advance of 64.6% in 2011. The study reports the industry generated more than $293 million in gross media spending (audio, video, display) and another $171 million in subscription revenue.

In late October 2011 SNL Kagan forecast that Internet-only radio stations would generate $293 million in revenues in 2011. That same study predicted AM/FM digital revenues would reach $713 million in 2011. Audio4Cast has more on SNL Kagan's predictions here.

AccuStream ResearchAccuStream expects the market to increase 78% in 2012, reaching 6.2 billion avails per month ("driven in part by Pandora's increasing focus on the in-stream audio format"). Audio fill rates will reach 60% this year, says AccuStream, with an eCPM (average equivalent CPM) of $6.80.

"Combined with an in-house sales force selling into top local DMAs where terrestrial broadcast radio advertising has historically been bought," writes AccuStream, "the audio format is moving to the forefront of the programmer's monetization initiatives."

You can find AccuStream Research's press release here.

10/3: Pittman named new Clear Channel CEO

Friday, December 23, 2011 - 11:00am

Bob Pittman has been named CEO of CC Media Holdings -- Clear Channel's parent company -- effective immediately. The company told RAIN the appointment is an endorsement of Pittman's digital initiatives, including building out web radio platform iHeartRadio. (read more here)

Archos Android-powered web radio now shipping

Tuesday, December 20, 2011 - 11:35am

Archos 35The Archos 35 aims to be a "sophisticated alarm clock," but more specificially is an "Android-powered web radio." It includes TuneIn Radio Pro pre-loaded, built-in Wi-Fi, and options to display weather, real-time traffic, sports, social networking and more.

We first wrote about the handy little device back in June (here), but now the Archos 35 is shipping to U.S. customers for $150.

You can find out more from Archos' press release here or Engadget's coverage here.

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