Commercial radio ad revenue on slower incline amid the Omicron wave

Advertising revenue for metropolitan commercial radio stations increased by 0.5% in February to $51.638 million compared to the same month a year ago, for a twelfth consecutive month of gains since the start of the recovery, according to data released by industry body Commercial Radio Australia.

CRA chief executive officer, Joan Warner, said the slower rate of growth reflected a hangover from the Omicron outbreak in December and January.

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