Commercial radio revenue recovery continues in March quarter

Calum Jaspan

April 19, 2021 11:08

Advertising revenue for commercial radio stations has continued to improve, according to first quarter figures for 2021 reported by Deloitte.

Despite a 3.76% decline compared to the March quarter 2020, a positive result has helped metropolitan advertising revenue reach $153.418 million, no doubt thanks to restrictions being slowly eased across Australia.

Australia’s largest metro market, Victoria, only recorded a 0.12% fall in comparison to the same period last year, to $52.157 million in the figures released by industry body Commercial Radio Australia (CRA).

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Calum Jaspan

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.