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Comrex Trade-In, NewsCloud Launch, and CRA on Digital Audio Growth · RedTech daily podcast - Powered by AI

• 0:00
  Welcome to the RedTech Daily Podcast, powered by artificial intelligence.
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  I'm Marguerite Clark, bringing you the latest news from the global radio broadcast and
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  digital audio industries.
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  Today, we'll cover Comrex's Access codec trade-in offer, RNN's launch of its U.S.
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  service with the NewsCloud platform, and CRA's report on digital audio growth despite a softer
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  first quarter radio market.
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  Comrex has launched a limited-time trade-in program for its Access codecs.
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  If you purchase an Access NX-Rack or Access Multirack codec, Comrex will take your original
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  Access Rackmount codec and offer you a rebate.
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  The NX-Rack gets you five hundred dollars back, while the Multirack offers seven hundred
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  dollars.
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  The original Access Rackmount debuted in 2005, and Comrex plans to recycle the returned units.
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  Radio Network News has launched its United States service using the NewsCloud platform
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  from Radio.Cloud.
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  NewsCloud is a cloud-based newsroom platform that enhances productivity and supports the
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  creation and distribution of localized audio news.
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  This move aligns with RNN's goal to deliver a modern, authoritative news podcast aesthetic,
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  distinct from traditional radio network services.
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  The platform enables anchors to produce multiple localized newscasts each hour,
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  offering updated and locally relevant news content more frequently.
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  Commercial Radio and Audio, representing Australia's commercial radio broadcasters,
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  reported a first-quarter radio revenue of two hundred fifty-seven million Australian dollars,
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  a one point nine percent decrease year over year.
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  Despite this, digital audio revenue grew by nine point nine percent to twenty-five point
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  two million Australian dollars, outpacing the wider market's eight point three percent
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  growth.
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  CEO Lizzie Young emphasized audio's reliability for advertisers, noting its strong returns and
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  effectiveness, especially in uncertain times.
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  That's it for today's episode of the RedTech Daily Podcast.
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  Thank you for joining me, Marguerite Clark, as we explored the latest developments in the
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  radio broadcast and digital audio industries.
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  For more in-depth coverage on these stories, be sure to visit our website at redtech.pro.
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  Until next time, stay informed and inspired.