Financial trends for online audio
Source: CRTC estimates (CRTC data collection; Sirius XM publicly available financial statements; Ovum; MTM consumer data)
- The advertising revenue portion of online audio represents the trade value only. It includes record companies’ revenue from the sale and licensing of recorded music products to retailers/intermediaries.
- Revenues from music video streaming are excluded.
- Splits by language markets are estimated based on MTM data.