R101 Italy Opts for DHD RX2 and TX mixers
The station is part of Italy's Mediaset SpA media group
The station is part of Italy's Mediaset SpA media group
The company is already upgrading close to 100 units for broadcasters in the United Kingdom
The identity shift comes with greater emphasis on broader audio markets
With IP at the heart of broadcasting’s future, codecs are increasingly the gateways of content assimilation and distribution
Monthly subscriptions are approximately €4.95
Latest News
Digital audio solutions provider AudioValley published its revenue for the first half of 2021.
Revenue for the first half of 2021 shows 49.7% growth (at constant exchange rates), totaling €12.3M, compared to that for the first half of 2020 (€8.5M), the company reported.
Based in Brussels, AudioValley is home to several brands: Targetspot for the monetization of digital audio content, Jamendo for music sales and music rights management, Shoutcast for streaming technologies and podcast management and Winamp, the iconic audio player.
“Even though COVID-19 is still having a negative impact on some European countries, we are convinced that this is a real recovery and not just a catch-up up for 2020 because in advertising, budgets canceled by advertisers are not necessarily postponed,” said CFO Sébastien Veldeman.
Growth was mainly driven by Targetspot, which accounted for 91% of the AudioValley group’s business, said AudioValley. Its half-year revenue was €11.2M, up 56.3% at constant exchange rates compared with H1 2020.
The company noted that the growth was driven by the United States, where revenue is up 72% compared with H1 2020. The division’s European business also performed well, with growth of 27.5% compared with H1 2020.
Meanwhile, the Jamendo division, still greatly impacted by the crisis in Q1, recovered in Q2 to end the first half of the year with 5.1% growth, compared with H1 2020, at €1.2M.
“It is clear that the partnerships signed in 2020 with publishers are now producing results,” said CEO Alexandre Saboundjian.
Saboundjian added that the company plans to transform Jamendo into a full-service company for artists, including rights management, with the aim to finalize by the end of the year.
contributor
The Targetspot division accounted for 92% of the Group's activity
The partnerships expand Targetspot's reach into LATAM in the U.S. and South America
Targetspot is a major earner for the AudioValley Group
RedTech International SAS
250 bis boulevard Saint-Germain
75007 Paris,
France
+33 5 55 18 03 61