Commercial radio revenue at $53.1 million for September, a 12.7% rise on 2020
New reporting figures compiled by Milton Data and released by Commercial Radio Australia (CRA), reflect a rise of commercial advertising revenues of 12.7% for September in comparison to last year, with total station revenue at $53.1 million.
Commercial ad revenue for the quarter totalled $151.4 million, up a further 16.1% for the corresponding period in 2020.
CRA chief executive officer Joan Warner, who is set to stand down in 2022, commented that it is encouraging for the industry to see strong year-on-year growth, despite lockdowns in the two largest markets for the majority of the quarter.