Radio revenues skyrocket 72.6% to reach $59.605 million in May
Commercial radio’s year-on-year revenue in May saw a massive spike, up from $34.534 to reach $59.605 million, a 72.6% increase.
The figures, compiled by Deloitte and released by Commercial Radio Australia (CRA), are clear indication that advertisers have returned to the medium after a tough 2020, according to CRA chief Joan Warner.
“It’s enormously encouraging to see advertisers returning to radio in full force after a challenging 12 months,” she said.
