Articles by radionewsfeeds

Korean startup Spoon Radio Inc has shared its business results for the first three quarters of the year, registering a profit for nine consecutive months from January to September.The company earned 34 billion KRW ($23 million) in gross revenue and had an increase in operating profit of more than 23 billion won ($16 million) compared to 2021.Spoon is a social digital audio live streaming service which allows users to listen to streamers and even start their own live streams using their smartphones and web, without any other equipment. It provides services in four languages, including South Korea, the United States, Japan, and Middle Eastern and North African regions. It has an average of 1 million monthly users as of September 2022.Its growth has been helped by a steady increase in monthly in-app purchases and a rise in the number of high-income DJs in Japan.The company recently shifted its strategy from that of aggressive marketing until last year to strengthening profitability this year.The main driver of its earnings growth this time is securing high-income DJs. Compared to last year, the number of high-income DJs increased by more than 20 percent, from 840 to 1,030.In addition, it has focused on countries with high potential through selection and concentration in the global market. As a result, about half of the current total users are Japanese users. The payment amount in Japan is also increasing steadily enough to account for more than 50% of the total payment amount.Choi Hyuk-jae, CEO of Spoon Radio, said: “This achievement is meaningful in that it proved that it could break away from the so-called deficit growth strategy of the past, which prioritized aggressive marketing costs and created operating profit. We plan to focus on growing together, improving the quality of content, and growing sales.” […]

Benztown and P1 Media Group will host a free webinar on Thursday, October 13, 2022, for radio professionals around the globe, entitled Join the Conversation: The Incredible NOW! Radio Success Story – Part II. The webinar will be hosted by Andreas Sannemann, CEO, Benztown, and Ken Benson, Partner, P1 Media Group, and features Mark Hunter, VP of Programming, NOW! Radio, and Ross Winters (pictured), Director of Programming, Pattison Media, Canada’s largest western-based media company. This is the 25th in the webinar series from top radio experts from around the world.Mark Hunter started his radio career in 1985, when he was hired on his 19th birthday to work with Rawlco in Saskatchewan, in Saskatoon, Prince Albert and Regina.He was on-air, producer, creative director, and News/Talk producer before he got his dream job as Program Director in 2000.In 2009, Hunter was named Program Director of a new license in Edmonton, CKNO-FM, and eight months later, NOW! Radio was born. He programmed 102.3 NOW! Radio Edmonton for 10 years, driving huge ratings and billings success which continues today.Hunter is currently a Senior Programmer for Pattison Media, working mostly in Metro markets including Calgary, Winnipeg, and British Columbia.Ross Winters began his radio career as a DJ at a Top 40 radio station in Victoria, British Columbia. He quickly moved into programming and worked as Program Director at legendary Canadian Rock stations in Winnipeg, Vancouver, and Toronto.While programming Rock 101 in Vancouver, Winters also served as National PD for Corus Entertainment, one of the largest groups in Canada. He spent time as a researcher and consultant before joining Pattison Media as Director of Programming in 2015.In the 30-minute webinar, Hunter and Winters will continue the conversation with their unique take on programming successful radio stations today, and the power of doing things differently, including:
How a truly different type of radio station became a runaway success and what do they do differently than other radio stations?
NOW! Radio’s slogan is “Join the Conversation.” Are there any topics or conversations that are off-limits?
As a result of NOW! Radio’s long-term success, more Canadian music stations have increased the personality quotient. Is this a good thing for radio and what should Music Radio programmers know before increasing the personality quotient on their stations?
How has creative outdoor advertising worked to drive the success of NOW! Radio and what are some of their most successful campaigns?
Does this format only work in a Hot AC format, or could it be put in a completely different format?
The webinar will take place this Thursday, October 13, 2022, at 10:00am PST/1:00pm EST/7:00pm CET. […]