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Radio stations’ annual revenue growth will average 3.2%, reaching $28.7 billion by 2016, according to SNL Kagan. Radio stations will finish 2007 with a 1.5% drop in revenue excluding nonspot sales. Radio sales will drop to less than $20 bln in 2007, compared with $20.1 bln in 2006, again excluding nonspot sales. A revenue total including nonspot slightly mitigates the decline to a projected 0.8% for 2007.
Upcoming Events:
CTIA Wireless - September 10 - 12, San Francisco, CA
METal Mondays - September 15, Los Angeles (Culver City) , CA
IBC - September 12 - 16, Amsterdam
PICNIC 08 - September 24 - 26, Amsterdam
On Monday May 14th's Radio show Ken and Andy talked about DaimlerChrysler paying to rid itself of Chrysler, Endemol back in the hands of it's creator, Microsoft trying VoIP again, Wal-Mart selling Skype products, Gas Prices helping Online Retail, More buying clothing online, Billions are lost by the TV networks because of DVRs, The Download business has a short life and Star Wars wins for the best Special Effects.
On Friday May 11th's Radio show, Ken and Andy talked about Vonage finding new tricks to keep alive, Google admits Microsoft is their main target, Can an iPod killer, Sony tries the Social Network idea in the UK, Here comes more new Domain Names, Helio rolls out the Ocean phone, Hire Slow Fire Fast, Paul confirms the Beatles almost ready for digital downloads and NYC Taxi are more advanced.
On Thursday May 10th's radio show Ken and Andy talked about Joost getting a big finance boost, Jajah gets money backing by Intel Capital, Retail feeling the pain from online commerce, Hybrids cars coming down in price, Mobile TV soon to be hot, Lots of perks when you work for a Silicon Valley company, China plans to buy Billions of US Tech and where are the Million Dollar Eyeballs watching cable TV?
