News

First Media Posts Strong Results

Posted on: Jan. 16, 2010
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Nashville, TN — First Media Communications, Inc. today reported strong quarterly results for its newly restructured online media operations, including its online music magazine Destination: Music® and its Internet-based music channel, Radio Oasis(SM).

 
In its first full quarter of operations since the reorganization of its online media properties, the company reported 14.6 million total page requests, for an average of 162,682 daily page requests during the period.  The company also reported that it served 128,000 hours of original audio programming and attracted just over a quarter million unique listeners, or 251,683, during the quarter.
 
Visitors spent an average of 9 minutes, 31 seconds at the company’s consumer-oriented web sites, compared to 57 seconds, on average, across all U.S. web usage in March according statistics published by Nielsen Net Ratings, a global leader in Internet media and market research. The average time spent listening among total listeners at Radio Oasis during the period was 121 minutes.
 
An affiliate of the Linkshare network, the company delivered 3.6 million page views for its advertisers during the period, which included iTunes, AT&T, Dell, Netflix, Radio Shack, Sharper Image and Overstock.com.
 
First Media Communications, Inc. is an integrated music and media company based in Nashville, Tennessee (http://www.first-media.com/).  Its operations include consumer-oriented retail portal Destination: Music®, Internet-based music channel Radio Oasis(SM), music publishing companies Brentwood Hills Music, Inc. (ASCAP) and Miss Amy Music, Inc. (BMI), and the Next Horizon® record label.