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 Key Buyers Chapter
A medium market share concentration characterises the industry. In 2014-15, the industry's four largest major players are estimated to account for just under 65.0% 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 5.0% 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 ABS counts of business data, in 2012-13 over 75.0% of enterprises in the industry generated less than $2.0 million in revenue... purchase to read more