articles tagged 'profit'

Recorded Music NZ annual report: a tale of streaming, vinyl and piracy

  • Media
  • November 4, 2016
  • StopPress Team
Recorded Music NZ annual report: a tale of streaming, vinyl and piracy

The music industry contributed $484 million to New Zealand’s economy over the course of 2015 and led to the employment of more than 4,500 full-time workers. We chat to Recorded Music NZ chief executive Damian Vaughan about what has been a good year for the industry following a long period of decline.

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iHeartRadio hits 200,000 subscribers; Mike Lane chats about turning popularity into profitability

  • Online
  • July 3, 2014
  • StopPress Team
iHeartRadio hits 200,000 subscribers; Mike Lane chats about turning popularity into profitability

Last week, iHeartRadio broke the 200,000-subscriber threshold and this certainly isn't bad going given that it was only launched in August 2013. Since hitting the Kiwi market, the online radio platform has been used to stream over 10 million hours of content, and it has proved particularly popular among young listeners, with 38 percent of the audience aged under 25. Given the success of the online listening platform, we decided it was time to pick the brain of Mike Lane, TRN's head of branding engagement.

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