«--Previous Post | Blog Index | Next Post--»
Industry Trends: Radio Down, iTunes Up
I know: Pope Catholic, sky blue. But it's the numbers that are pretty surprising. Radio & Records Magazine reports that radio revenue fell even more than everybody expected in May, and the normally staid publication called the numbers "a horror show." Local revenue was down 9% (aaaagh!), national revenue off 13% (eeeek!), people listening down a zillion % (noooo!) . Okay, I can't prove that last one, but I wouldn't bet against it.
On the other side of the industry, iTunes, in contrast, can't be stopped: the online music retailer just sold its five billionth song, also announcing that they're renting and selling over 50,000 movies a day, making iTunes the world's biggest online movie store too. Crimeny, if they start selling groceries I'll never have to leave the house.
Comments
Congratulations - two paragraphs that BOTH contain valid new information!
This brings your solid story count to a grand total of one.
Keep up the good work Party Ben!
i realize that passes for a compliment in your little world, nic, but enough already! party ben's the man.
Posted by: CH on 06/26/08 at 8:31 PM Respond
I have largely given up on terrestrial radio in favor of podcasts. It's how I get my music (The Chillcast with Anji Bee, High Orbit with Matthew Ebel and Accident Hash with CC Chapman), my news (Democracy Now! and Countdown if I'm not near a television), and my talk radio (Keith and the Girl - okay, they're nowhere near progressive, but man does not live by organic politically correct bread alone....).
Posted by: Michael Heister on 06/27/08 at 12:43 PM Respond
ARCHIVE
RECENT COMMENTS
The Best Albums of 2008 (1)
SecretCode wrote:
If you thought Kanye had something to bring to the SNL tab...
[more]
Melissa Etheridge Meets with Rick Warren, Responds to Controversy (1)
a wrote:
Etheridge is out of her mind. Obama is no real friend to ...
[more]
Some Writerly Advice (2)
earledj wrote:
the problem is that professional writers always need some...
[more]
Why Tina Fey Had to Get All Tarted Up (1)
earledj wrote:
Tina Fey didn't become popular from being a sex symbol. M...
[more]
The Best Singles of 2008 (1)
Lea wrote:
Well, well. I do adore LES Artistes - it's amazing, and it...
[more]
CD Review: Lil Wayne - Tha Carter III (15)
reid allmaras wrote:
well the carter album is seriously overrated and weezy doe...
[more]
NPR Lays Off Staff, Cuts Shows (1)
Old Hand wrote:
PBS and NPR are both ridiculously underfunded by the gover...
[more]
Coldplay Deny Plagiarism Accusation, Get Dissed By Reuters (2)
Old Hand wrote:
PS - Thanks for that. I've been sleeping on indie rock sin...
[more]
Thoughts on Milk (1)
electriclady281 wrote:
I'm not gay, but I fail to understand the callous way that...
[more]
YouTube Wrapup: Kermit Sings LCD Soundsystem, Pole Dancing Robots, Mashup Mayhem, Walrus Saxophone Action (1)
Old Hand wrote:
http://www.youtube.com/watch?v=gjTBH4_4pO0&feature=related...
[more]
RSS
Feed
Movable Type 3.33
Posted by: nic on 06/19/08 at 2:26 PM Respond