Industry Analysis & Industry Trends
The industry comprises all radio broadcasters, including government, commercial broadcasters and community radio broadcasters, but excludes online-only operators. In 2014-15, IBISWorld expects the Radio Broadcasting industry to generate revenue of $1.59 billion, representing growth of 0.8% from the previous year. Revenue is estimated to grow at a compound annual rate of 1.2% over the five years through 2014-15. The introduction of digital radio has been one of the largest technological advancements in the industry over the past five years. Anticipated as a new avenue for the industry, this new medium has struggled in an environment where portable computing and increasing internet accessibility are influencing consumer entertainment choices... purchase to read more
Industry Report - Industry Products Chapter
Radio stations provide a wide variety of services. While most radio stations attempt to supply some form of entertainment (mostly in musical or talkback form), several radio stations exist to provide information. These stations are usually funded by public entities.
Metropolitan commercial radio
Commercial radio in metropolitan areas is the most popular form of radio in Australia. These radio stations are heavily geared towards providing entertainment for their listeners. Programming can include popular music targeted at specific age and gender demographics, or live talkback programs that discuss current issues in the news and encourage listeners to interact with the host. Over the past five years, these services have grown in prominence... purchase to read more