Most Popular Articles
BIA/Kelsey: WTOP Leads Radio Station Revenues for Fourth Consecutive Year
Chantilly, VA - Mar 26, 2014 - For the fourth consecutive year, Hubbard Radio's all-news station, WTOP, remained the country's top revenue producer in 2013, according to the first edition of BIA/Kelsey'sInvesting In Radio Market Report, a quarterly report published by BIA/Kelsey. The Washington, DC, station, which operates beyond the traditional over-the-air model, took in $63.5 million in advertising revenues, as overall industry revenues remained near 2012 levels at $14.8 billion.
"WTOP is morphing into a digital media company by providing access to its audience in many different ways beyond over-the-air," said Mark Fratrik, senior vice president and chief economist, BIA/Kelsey. "Its approach is serving them well and its model demonstrates that as the industry continues to adopt a multi-platform approach, it will engage audiences and sustain growth."
The top four highest-revenue radio stations appeared in the same list in 2012. New York's WLTW moved up from seventh to the fifth spot, with $45 million in billings. Los Angeles station KBIG leapt from 13 in 2012 to seven, with $44.5 million in revenues. Four of the top 10 stations have an all-news format. WFAN in New York, with $43 million in ad sales, is the only sports/talk station in the top 10.
|Call Letters||Format||Owner||Rank||Market||Estimated Station Revenue 2013 (x1,000)|
|WTOP-FM||News||Hubbard Radio||7||Washington, DC||$63,500|
|KIIS-FM||CHR||Clear Channel||2||Los Angeles, CA||$61,600|
|WHTZ-FM||CHR||Clear Channel1||New York, NY||$51,000|
|WCBS-AM||News||CBS1||New York, NY||$50,500|
|WLTW-FM||Lite AC||Clear Channel||1||New York, NY||$45,500|
|WINS-AM||News||CBS||1||New York, NY||$45,000|
|KBIG-FM||Hot AC||Clear Channel||2||Los Angeles, CA||$44,500|
|WFAN-AM||Sports/Talk||CBS||1||New York, NY||$43,000|
|KROQ-FM||Alternative||CBS||2||Los Angeles, CA||$42,800|
In 2013, overall radio revenues from over-the-air were $14.3 billion, with online generating $570 million. BIA/Kelsey forecasts both sources of income to continue growing at a slight pace over the next few years, reaching $16.7 billion in 2018, on par with what over-the-air produced on its own 10 years ago.
Acceptable Use Policy blog comments powered by Disqus
[an error occurred while processing this directive]
Today in Radio History
The history of radio broadcasting extends beyond the work of a few famous inventors.
Read each issue online in our Digital Edition Format in your Web browser.
EAS Information More on EAS
The feed provides feeds for all US states and territories.
Need a calendar for your computer desktop? Use one of ours.
Information from manufacturers and associations about industry news, products, technology and business announcements.
Minneapolis Public Schools upgrades their aging equipment with new Audio over IP technology
Browse Back Issues[an error occurred while processing this directive]
Also in the August Issue
- Trends in Technology: Work Smarter not Harder
- FCC Tees Up Some Late-Summer Business
- What’s “Next” for Radio?
- Field Report: JBL LSR308
- Tech Tips: How To Be in Two Places at Once