Key takeaways from the report:
- AM/FM radio remains the centerpiece of audio
- AM/FM radio once again takes the top spot as America’s leading audio provider, accounting for 47% of all audio time spent among persons 18+. That’s important for brands because AM/FM radio is an ad-supported platform.
- AM/FM radio’s reach remains steady as a rock
- AM/FM radio’s share has been consistently strong throughout the last few years. Edison reports AM/FM radio’s daily reach also remains stable.
- Pandora continues to see losses in share and reach while Spotify grow. Since 2016, Pandora’s share of ear dropped -17%.
- From 2016 to 2018, Millennials 18-34 daily reach saw a jump of 39%. Daily reach among persons 25-54 increased a significant 52%. With more people listening than ever, podcasting has become a burgeoning audio option for consumers.
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