Industry Analysis & Industry Trends
The Radio Broadcasting industry comprises all radio broadcasters, including commercial, public and community broadcasters, but excludes online-only operators. The industry's performance has been fairly subdued over the past five years due to strong and intensifying competition from a range of alternative media platforms, particularly online and cloud-based platforms. As a result, industry revenue is estimated to increase at a compound annual rate of only 1.5% over the five years through 2014-15, to reach $1.7 billion. Negative consumer sentiment in 2014-15 is expected to reduce consumer spending and limit advertising revenue over the year, subsequently resulting in a 3.6% dip in revenue... purchase to read more
Industry Report - Industry Analysis Chapter
The industry has grown sluggishly over the past five years due to strong competition from alternative media and music streaming platforms. Commercial radio broadcasters derive a majority of their revenue from advertising, and subdued advertising levels on radio stations have contributed to this restrained performance. Public broadcasters receive most of their revenue directly from government funding and major budget changes have also affected industry operators over the past five years.
Revenue and profitability
Industry revenue is estimated to rise at an annualised 1.5% over the five years through 2014-15, to reach $1.7 billion... purchase to read more