HT&E’s Ciaran Davis on the role of radio beyond the commute and a timeline on digital at scale
CEO and managing director of HT&E and ARN, Ciaran Davis, breaks down the latest financial results with Zanda Wilson, touching on exponential digital growth, and why this round of lockdowns isn’t shaking advertiser confidence.
Here, There & Everywhere (HT&E)’s core radio asset, the newly rebranded ARN, posted a 22% increase in revenue for the first half of 2021, to $98.5 million.
That result highlights the fact that ARN continues to make the lion’s share of revenue for HT&E, itself growing group revenue by 21% in the half of 2021 to $109.9 million.
HT&E and ARN chief executive officer and managing director, Ciaran Davis, also reported strong ad revenue for July and better forward bookings for August and beyond, and he is confident we are unlikely to see a downturn in ad spend mirroring the lockdowns of 2020.