Broadcast radio still has its place at the center of the dashboard, especially in vehicles manufactured by General Motors, Ford and Chrysler. "While we are excited about the possibilities of Internet radio services and other emerging services, we understand that AM/FM radio is still a significant source of news and entertainment. In fact, it is an expected feature," said Phil Abram, chief infotainment officer for GM.
The exit of Pandora CEO Joe Kennedy "could go a long way toward creating a true business partnership with the music industry" by improving the service's compensation for songwriters, according to David Israelite, CEO of the National Music Publishers' Association. "The 4% Pandora pays is unfair and must change. In other areas of the music business, songwriters and music publishers often earn the same amount that is paid to record labels and artists," Israelite said.
China's "Great Firewall" of censorship is blocking English-language radio programs from the BBC World Service, Radio Australia and Voice of America, according to the Association for International Broadcasting. "Free access to information is a universal human right, and this interference is preventing audiences based within China to hear news from outside the country," said AIB CEO Simon Spanswick.
The national weekly radio audience grew by 1.6 million listeners to 242.8 million on average, compared with last year, according to Arbitron's March 2013 Radar 116 report. Listeners between the ages of 12 and 17 posted the biggest growth, with almost 23 million teenagers tuning in on average each week. Radio also connects with 92% of adults between the ages of 18 and 34, or 66.5 million, according to the report.
Users of Clear Channel's iHeartRadio application can further customize their stations through "Add-Ins," a feature that allows them to incorporate local news, weather and traffic information. The feature sources its content from Clear Channel's 850 stations in 150 markets. "Clear Channel's move will raise the stakes for Pandora and Spotify, and it may even challenge Sirius XM Radio for dashboard attention," Rick Munarriz writes in The Motley Fool.