Industry Analysis & Industry Trends
The industry comprises all radio broadcasters, including government radio broadcasters, commercial broadcasters and related activities and community radio services. In 2012-13, IBISWorld forecasts that the Radio Broadcasting industry will generate revenue of $1.55 billion, representing growth of 2.4%. This improvement in performance comes after improving economic conditions and robust advertising revenue growth over the previous year, stemming from improved consumer and business sentiment. An extended period of financial woes has ensured that over the five years through 2012-13, revenue is estimated to fall by an annualised 0.9%.
Digital radio broadcasts commenced in metropolitan markets during the second half of 2009, and began in 2010 for some regional and rural markets... purchase to read more
Industry Report - Industry Products Chapter
Commercial radio stations are operated by companies under licences granted by the Australian Communications and Media Authority (ACMA). The Broadcasting Act 1942 also makes provision for granting licences for the operation of public radio stations. Community and public radio stations have recently had strong growth in numbers.
Public and community radio
Public broadcasters include the Australian Broadcasting Corporation (ABC) and Special Broadcasting Service (SBS). The Federal Government established the SBS on 1 January 1978 to provide multilingual radio services. The service is also empowered by the Broadcasting Act 1942 to provide broadcasting services for special purposes as prescribed by the government... purchase to read more