Commercial radio ad revenue down 10.2% in September quarter, reports Commercial Radio Australia
According to data compiled by Deloitte and released today by industry body Commercial Radio Australia (CRA), ad revenue for metropolitan commercial radio stations slid 10.2% in the September quarter of 2019.
The drop resulted in total revenue of $181.43m, down from $202.11m in the same period last year. All capital cities suffered a decrease in revenue, with the largest market, Melbourne, back 8.68% to $59.37m and Sydney back 11.44% to $55.04m.
