News

Commercial radio ad revenue growth slows down, yet still up 8.8% for Q2 2022

Calum Jaspan

July 18, 2022 9:48

Commercial radio advertising revenue has grown by 8.8% in the second quarter of 2022, reaching a total of $190.9 million, up from $175.4 in the same quarter last year. The Melbourne market saw the largest growth of 12.5% YOY to $63.9 million, making it just over one-third of the total metropolitan industry.

The last 12 months have seen a continued rise in advertising revenue for commercial radio, rising 9.3% in total compared to the 12 months ending in June 2021, in a year that was plagued by COVID restrictions.

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Calum Jaspan was news editor at Mumbrella, based in Melbourne. He was also the producer and host of the Mumbrellacast. He left Mumbrella in May 2023.

Topics

Commercial Radio Australia CRA Ford Ennals radio

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