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SNL Kagan: Future Radio Online Revenue Looks Good
Monterey, CA - Nov 2, 2009 - According to updated projections from SNL Kagan, radio online revenues are expected to grow by double digits in 2009 to $441 million by year-end, up 12 percent from $394 million annually in 2008.
Looking forward, SNL Kagan projects an annual online revenue growth rate of 20 percent in 2010 to $530 million. As the market matures, growth is expected to level off through 2013, rising to $827 million, or 4.7 percent, of total radio revenues by the end of the five-year period. That compares to 2.0 percent in 2008 and a projected 2.7 percent of total radio revenues in 2009.
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