NAICS Code 516110-04 - Internet Radio (Manufacturing)

Marketing Level - NAICS 8-Digit

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NAICS Code 516110-04 Description (8-Digit)

Internet Radio (Manufacturing) is a subdivision of the Radio Broadcasting Stations industry that involves the production and distribution of audio content over the internet. This industry includes companies that manufacture and distribute internet radio receivers, as well as those that create and broadcast internet radio programming.

Hierarchy Navigation for NAICS Code 516110-04

Parent Code (less specific)

Tools

Tools commonly used in the Internet Radio (Manufacturing) industry for day-to-day tasks and operations.

  • Audio editing software
  • Streaming software
  • Audio recording equipment
  • Audio mixing equipment
  • Audio compression software
  • Audio encoding software
  • Audio streaming servers
  • Audio file format converters
  • Audio signal processors
  • Audio equalizers

Industry Examples of Internet Radio (Manufacturing)

Common products and services typical of NAICS Code 516110-04, illustrating the main business activities and contributions to the market.

  • Online music streaming services
  • Podcast networks
  • Internet radio stations
  • Audio book publishers
  • News and talk radio programs
  • Sports radio programs
  • Religious radio programs
  • Educational radio programs
  • Comedy radio programs
  • Technology radio programs

Certifications, Compliance and Licenses for NAICS Code 516110-04 - Internet Radio (Manufacturing)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Federal Communications Commission (FCC) License: A license required by the FCC to operate a radio station in the US. The FCC regulates all interstate and international communications by radio, television, wire, satellite, and cable in the US.
  • Copyright Registration: A registration required by the US Copyright Office to protect original works of authorship, including sound recordings.
  • Performance Rights License: A license required by the performing rights organizations (PROs) such as ASCAP, BMI, and SESAC to play music on the internet radio. These licenses ensure that the songwriters and publishers are compensated for the use of their music.
  • Soundexchange License: A license required by SoundExchange to collect and distribute digital performance royalties for sound recordings played on internet radio.
  • Digital Millennium Copyright Act (DMCA) Compliance: Compliance with the DMCA is required for internet radio stations that allow users to upload content. The DMCA provides a safe harbor for internet service providers from liability for copyright infringement by their users.

History

A concise historical narrative of NAICS Code 516110-04 covering global milestones and recent developments within the United States.

  • The Internet Radio (Manufacturing) industry has its roots in the early 1990s when the first internet radio station, Radio HK, was launched in Hong Kong. In 1994, the first internet-only radio station, Radio HK International, was launched in the United States. The industry saw significant growth in the early 2000s with the advent of broadband internet and the proliferation of digital music players. In 2001, Apple launched iTunes, which allowed users to purchase and download music online. In 2003, the first podcast was created, which allowed users to download and listen to audio content on demand. In recent years, the industry has seen the rise of personalized music streaming services like Pandora and Spotify, which use algorithms to recommend music to users based on their listening history. In the United States, the Internet Radio (Manufacturing) industry has seen significant growth in recent years. According to a report by Edison Research, the number of Americans who listen to online radio has increased steadily over the past decade, from 20% in 2006 to 57% in 2020. The report also found that the average time spent listening to online radio has increased from 11 hours per week in 2006 to 16 hours per week in 2020. The rise of smartphones and other mobile devices has made it easier for consumers to access online radio on the go, contributing to the industry's growth. In addition, the COVID-19 pandemic has led to an increase in online radio listening as more people work from home and seek out new forms of entertainment.

Future Outlook for Internet Radio (Manufacturing)

The anticipated future trajectory of the NAICS 516110-04 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The future outlook for the Internet Radio (Manufacturing) industry in the USA is positive. The industry is expected to continue growing due to the increasing demand for online audio content and the rise of smart speakers and other connected devices. The COVID-19 pandemic has also accelerated the shift towards digital audio consumption, which is expected to benefit the industry in the long term. However, the industry may face challenges such as increasing competition from other audio platforms and regulatory issues related to music licensing and royalties. Overall, the industry is expected to experience steady growth in the coming years.

Industry Innovations for NAICS Code 516110-04

Recent groundbreaking advancements and milestones in the Internet Radio (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.

  • Voice-Activated Smart Speakers: Internet radio manufacturers have been quick to capitalize on the rise of voice-activated smart speakers such as Amazon Echo and Google Home. These devices allow users to easily access and control internet radio stations using voice commands.
  • Personalized Playlists: Many internet radio services now offer personalized playlists based on users' listening habits and preferences. This feature has become increasingly popular among users who want a more customized listening experience.
  • Podcast Integration: Internet radio manufacturers have started integrating podcasts into their platforms, allowing users to easily discover and listen to their favorite shows alongside music and other audio content.
  • High-Quality Audio: Some internet radio services now offer high-quality audio streams that rival the sound quality of traditional FM radio. This has helped to attract audiophiles and other users who value high-fidelity sound.
  • Mobile Apps: Many internet radio services now offer mobile apps that allow users to listen to their favorite stations on the go. These apps often include features such as offline listening, song skipping, and station discovery.

NAICS Code 516110-04 - Internet Radio (Manufacturing)

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