Radio ad revenue grows 18% in September; Melbourne leads charge
Melbourne has led the way in metro commercial radio station ad revenue growth, witnessing a year-on-year (YoY) increase in September by 27% to $21.1 million, according to figures from Commercial Radio & Audio (CRA).
The latest survey saw ad revenue for metropolitan commercial radio stations grow by 18% to $62.71 million in the month of September compared to $53.14 million a year ago. This marks the 19th successive month of YoY growth.
