BIA/Kelsey: Online Growth Increases, Revenues are Up for 2012


        Radio on FacebookJoin us on Facebook

Chantilly, VA - Mar 27, 2013 - Radio industry over-the-air revenues inched slightly upwards in 2012, increasing to $14.3 billion, a 1.5 percent change from the year before, according to the first edition of "Investing In Radio Market Report," a quarterly report published by BIA/Kelsey. That slight change is due in large part to the sluggish overall economy for 2012 and the increased competition radio faces in the local media market. The company also notes that station revenue mix will continue to shift somewhat and income from online advertising is expected to rise at a rate of about 10.8 percent annually over the next five years versus 2.5 percent from over-the-air.

For 2013, BIA/Kelsey forecasts over-the-air radio revenues should see 2.3 percent growth, or $14.7 billion, again due to the slightly stronger economy.

In 2012, online radio ad revenues reached $491 million, representing 3.3 percent for the industry. Markets such as Boston saw 14.2 percent in online radio revenue with overall numbers rising by 3.6 percent. BIA/Kelsey forecasts radio's online revenue growth will reach $818 million by 2017, while the industry's combined total revenue will reach $17 billion by 2017.

The chart below represents BIA/Kelsey's historical and five-year forecast for the radio industry broken down by over-the-air and online:

click to enlarge

Click to enlarge





Acceptable Use Policy
blog comments powered by Disqus

[an error occurred while processing this directive]

Today in Radio History

Milestones From Radio's Past

The history of radio broadcasting extends beyond the work of a few famous inventors.

Digital Edition

Each Issue as a Digital Edition

Read each issue online in our Digital Edition Format in your Web browser.

EAS Information More on EAS

NWS XML/Atom Feed for CAP Messages

The feed provides feeds for all US states and territories.

Wallpaper Calendar

Radio 2014 Calendar Wallpaper

Need a calendar for your computer desktop? Use one of ours.

The Wire

A virtual press conference

Information from manufacturers and associations about industry news, products, technology and business announcements.

Join Us Facebook Twitter YouTube LinkedIn
Radio magazine cover

Current Issue

88Nine Radio Milwaukee

A New Home Brings Community Together

Browse Back Issues

[an error occurred while processing this directive]