Slipstream Radio



Update: More details on Mason's CBS streaming plans
·Dec 11, 08:00 AM
Posted by: Daniel McSwain

From AdWeek: “Two months ago, when wildfires scorched hundreds of square miles in Southern California, forcing the evacuation of a half-million people, listenership spiked on KNX Radio, the CBS-owned outlet in Los Angeles. But the uptick wasn’t for the station’s on-air signal; listeners had instead tuned into the station on the Internet…

“The average daily listenership for the newscasts on the KNX audio stream soared tenfold over the weeklong period that the fire dominated the headlines, according to CBS radio division president Dan Mason. By contrast, the station’s over-the-air ratings won’t come until January.

“For Mason, the online listenership spike experienced by KNX during the fires, and the real-time metrics available to quantify such digital audiences, reinforce the radio industry’s need to expand its Web content. All 140 CBS Radio stations (in addition to 10 Internet-only outlets) are now streamed online to tap into today’s fast-growing digital ad platform. And plans call for the development of much more Web content.

“‘Our digital revenue is growing significantly every year,’ said Mason. Those dollars are also helping radio counter a drain on the broadcast side, where spending has been flat at just over $21 billion, according to the Radio Advertising Bureau, for the last three years as advertisers have sought better measured, more accountable media. Over-the-air radio ratings routinely have a three-month lag time, much to the dismay of clients and ad buyers.

“Mason declined to say how much the digital revenues contributed to the division’s coffers, but Lee Westerfield, media analyst at BMO Capital Markets, estimates that 3 to 5 percent of the industry’s revenue, or roughly $640 million to $1 billion, are generated by online ad sales…

“According to Mason, the radio division will continue to develop its digital assets. It will invest in significantly more original online content, possibly including niche sports and music offerings…

“But a more serious issue for radio going forward is the lack of sharp metrics. In fact, it’s one of the bigger obstacles to ad-spend growth for the medium’s traditional business, buyers and analysts said. Arbitron is working to roll out its electronic ratings, known as the Portable People Meter, but just two weeks ago it announced further delays in its timetable.”

Read the entire article at AdWeek.



share:  del.icio.us.  post this at del.icio.us  Reddit  post this at Reddit  Digg  post this at Digg  Yahoo   post this at Yahoo! my web  Wink   post this at Wink  Windows   post this at Windows Live  Google  post this at Google Bookmarks  Newsvine  post this at Newsvine

Comment

Textile Help

Blogroll
AccuRadio is powered by...
Conference schedules
Sept 23-25 Streaming Media West: San Jose, CA
Oct 2-3 Digital Music Forum West: Los Angeles, CA
Oct 18 IBS-Intercollegiate Webcast/Radio Conference: Boston, MA
Oct 20 SanFran MusicTech Summit: San Francisco, CA
Oct 25 IBS-Intercollegiate Webcast/Radio Conference: Chicago, IL
Oct 26-29 NAB European Conference: London, UK
Oct 27-28 R&R Christian Summit 2008: Nashville, TN







Slipstream Radio