Sydney and Melbourne markets neck-and-neck as radio revenues continue to recover

Just $400,000 separates the Sydney and Melbourne radio markets after the first three quarters of the financial year.

According to figures released by Commercial Radio Australia this afternoon, Sydney’s radio revenues until the end of September stood at $54.841m while Melbourne is on $54.438m.

Thanks in part to big government spending, then big election spending, Sydney has seen growth for the year to date of 3.8 per cent while Melbourne has grown by 8.9 per cent.

Perth grew by 6.9 per cent to $24.064m, Adelaide by 3.74 per cent to $15.979m and Brisbane by 2.51 per cent to $26.586m.

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