Radio ad revenue up in August but figures deliver “no great surprise”
Commercial radio advertising has continued to rise in August, despite ongoing lockdowns in Australia’s two largest cities, with figures up 16.8% on August 2020.
The figures released by industry body, Commercial Radio Australia (CRA), show total revenue of $49.7 million across the five major markets, compared to $42.5 last year.
CRA chief executive, Joan Warner said that with continuing lockdowns, it is encouraging to see ad revenue remaining in “positive territory year-on-year”.