OOH revenue hits $1bn in 2022; surpasses pre-pandemic level
The Australian out-of-home (OOH) media continued the trajectory of post-pandemic recovery, as the industry hit $1 billion in revenue for 2022, according to the Outdoor Media Association (OMA).
The OMA has reported a net media revenue of $1.06 billion for the OOH industry in 2022, an increase of 27.6% from an adjusted figure of $831.1 million for 2021.
The industry posted $329.7 million in net revenue for Q4, an increase of 30.2% or $253.2 million year-on-year (YoY).