Industry Analysis & Industry Trends
The Radio Broadcasting industry's performance has been fairly subdued over the past five years, due to rising competition from a range of alternative media platforms, particularly online and cloud-based platforms. As a result, industry revenue is expected to increase at a compound annual rate of just 1.4% over the five years through 2015-16, to reach $1.62 billion. Following a fall in 2014-15, industry revenue is expected to rebound by 2.2% in 2015-16 due to growth in commercial advertising revenue.
The introduction of digital radio has been one of the largest technological advancements in the industry over the past five years... purchase to read more
Industry Report - Industry Key Buyers Chapter
A medium market share concentration characterises the industry. In 2015-16, the industry's four largest major players are estimated to account for just over 65% of total revenue. Southern Cross Media, the ABC, APN News & Media, Nova Entertainment and Fairfax Media are all major radio broadcasters that account for more than 5% of industry revenue. These major players typically operate several radio stations in multiple markets and regions.
Aside from these major players, many smaller scale firms provide radio broadcasting services. These companies include commercial, public and community broadcasters. According to the ABS, in 2013-14 over 80% of enterprises in the industry generated less than $2 million in revenue... purchase to read more