CRA reports 19.3% boost in ad revenue for July

Commercial Radio Australia has reported a 19.3% increase in advertising revenue for the month of July, rising to $48.571 million despite ongoing lockdowns across multiple markets.

That figure was up from $40.724 million for the same period in 2020, during which most of Australia was out of lockdown, sans Victoria.

The growth in ad spend across commercial radio has steadied significantly since May when revenues jumped 72.6%.