Outdoor revenues grow by 20%

Outdoor advertising has since a 20% revenue increase, the Outdoor Media Association has said.

The announcement:

The Out-of-Home industry continues on its growth trajectory posting a healthy 20% increase on net revenue year-to-date at the end of the third quarter of 2010 compared to the same period in 2009.

Net revenue for the quarter, July to September, increased 30% to $111.4 million compared to $85.8 million in 2009.