Radio revenue for metro markets flat for last financial year
It is the first contraction in growth since 2012
Radio revenue for metropolitan markets was flat for the financial year ended June 2017, according to figures released by Commercial Radio Australia.
According to the June 2017 Metropolitan Commercial Radio Advertising Revenue, as sourced by Deloitte, advertising revenue for the 12 months ending June for the five metropolitan markets was slightly down 0.21% to a total of $773.849 million, compared to FY16. It is the first contraction in growth since 2012.
Individual markets for the financial year were:
Sydney up 0.81% to $240.334m
Melbourne up 0.27% to $238.201m
Brisbane up 0.02% to $121.501m
Adelaide down 4.38% to $68.224m
Perth down 1.02% to $105.588m
(The Deloitte figures report actual revenue received by metropolitan commercial radio stations for the calendar month and include all metropolitan agency and direct revenue.)
