RAB: Radio Sees Second Consecutive Year of Ad Growth
New York - Feb 17, 2012 - Radio marked its second consecutive year of growth in 2011, with full-year revenue finishing at $17.4 billion, up 1 percent. Performance was based on spot momentum through the first three quarters, a double-digit gain in digital (+15 percent), and stronger showings in off-air (+7 percent) and network (+3 percent).
The latter three sectors also excelled in 4Q2011, up 8 percent, 6 percent and 5 percent respectively, offsetting spot at -4 percent to produce 4Q2011 comps of -2 percent.
According to Jeff Haley, RAB president and CEO, "The diversity of radio's revenue mix helped our industry achieve a second consecutive year of growth since rebounding from the recession. Spending across radio's top five categories has been consistent since 2007 and contributed greatly to radio's revenue performance. Further, while automotive remains dominant, the categories ranked #2 to #5 have grown closer to each other compared to 2007 levels and now represent a larger percent of the overall pie."
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.
Staying on-air is priority #1, but 100 percent redundancy comes at a cost.
Browse Back Issues[an error occurred while processing this directive]
Also in the November Issue
- Music is Everywhere at WTMD
- FCC Looks to Update RF Exposure Rules
- Government Shutdown Causes FCC Delays
- Applied Technology: Wheatstone baseband192
- Side by Side: Video Cameras
- Exploring More from Google Earth
- The History of W9BSP