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Music Sales to Fall 12% by 2013 as Online Passes CDs, PwC Says

By Adam Satariano at Bloomberg June 16 (Bloomberg) -- Global music sales, squeezed by Internet piracy and tumbling demand for compact discs, will fall at a 2.5 percent annual rate over the next five years as non- physical formats overtake CDs, PricewaterhouseCoopers LLP said. Spending on recorded music will drop 12 percent to $26.1 billion…
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Arbitron Radio Market Rankings

Here is Aribtron's list of the top 50 radio markets. It's not surprising that New York has the largest radio market. Rank Type DST Qual Type Market Name Metro 12+ Population 1 PPM BH S/PPM New York 15,393,700 2 PPM BH S/PPM Los Angeles 10,877,600 3 PPM BH S/PPM Chicago 7,813,900 4 PPM BH S/PPM…
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More and More Stations Streaming Online

Clear Channel, the largest radio group owning over a thousand AM/FM stations, reported revenue of $1.2 billion in the first quarter of 2009...compared to $1.6 billion in the first quarter of 2008. That’s about a 23% decrease in one year. According CC Media Holdings CEO, Mark Mays, "Our companies performed well on a relative basis…
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More Infinite Dial 2009 Statistics

Last week we posted some interesting facts and figures from The Infinite Dial 2009 report, but after reviewing Arbitron's whole study, here are some more statistics. An Estimated 69 Million Americans Listened to Online Radio in the Last Month Weekly Online Radio Audience Up by Nearly One-Third in Last Year Online Radio Reaches One in…
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