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 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 the majority of their revenue from advertising, and subdued advertising levels for radio stations have contributed to the industry's moderate 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 expected to rise at an annualised 1.4% over the five years through 2015-16, to reach $1.62 billion... purchase to read more