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Radio revenues across the US remained weak during the final quarter of 2003, but the industry is showing signs of rejuvenation for 2004. Merrill Lynch predicts that US radio revenue growth during the fourth quarter will range from an increase of 1% to a decline of 2% year on year, compounded by weak local advertising… Continue reading US Radio Revenues Weak In Q4 2003, Says Merrill Lynch

The arrival of new stations and data services will ensure significant growth in the digital radio market over the next few years, according to a new report from In-Stat/MDR. There have already been major developments in digital satellite radio in the United States while digital terrestrial platforms have led the way in the UK. Only… Continue reading Digital Radio Taps Into The Zeitgeist

The radio industry is calling on the Government to announce a definitive switch-off date for the analogue signal as part of a wider initiative to boost the uptake of digital radio in the UK. Speaking at an industry seminar yesterday, GWR chairman Ralph Bernard said he had written to Culture Secretary Tessa Jowell and Ofcom… Continue reading Radio Industry Calls For Analogue Switch-Off Date

Despite having recently cut its 2003 radio advertising growth forecast, Merrill Lynch is confident that the the next twelve months will bring strong growth with revenues expected to increase by more than 8%. The broker reacted to November’s 4% drop in US radio advertising revenues by cutting its full-year growth projection from 1.6% to 1.5%… Continue reading 2004 Radio Recovery To Be ‘Back-End Loaded’, Says Merrill Lynch

US radio revenue growth slumped in November as the economy stalled ahead of the Christmas shopping boom. Local revenues were down by 4% and national spend was down by 6%, giving a total decline of 4% for the month. The calendar year-to-date growth was a little stronger, with national spend up by 6%, whilst local… Continue reading US Radio Revenues Slump In November

Radio advertising revenues in the US declined by 1.0% during October, as weak local spend more than offset the gain from the national sector. According to figures from the Radio Advertising Bureau (RAB), quoted by Merrill Lynch, local adspend fell by 2% year on year during the month, whilst national was up by 1%. This… Continue reading US Radio Revenues Dip By 1% During October

The development of the UK’s digital audio broadcasting (DAB) sector is gathering pace, according to radio station and programme production company, UBC Media. The group today predicted that sales of DAB digital radios will have more than doubled over 2002’s 175,000 by the end of this year. Whilst the sale of 350,000 or so sets… Continue reading UBC Media Puts Faith In Radio’s Digital Future

US radio advertising revenue rose by 4% year on year during September, boosted by a strong national expenditure, according to the latest figures from the Radio Advertising Bureau (RAB). National spend jumped by 13% during the month, whilst local was up by just 2%. Across the whole of the third quarter, total revenues were up… Continue reading US Radio Revenues Rise 4% During September

The latest RAJAR listening figures for the third quarter of 2003 brought bad news for Capital 95.8 FM. The station continued to see its dominance of the London market dip with a 13.9% year on year decline in weekly reach to just below 2.3 million.Capital recently restructured its senior management team and put veteran programming… Continue reading RAJAR Results Q3 2003: Heart Challenges Capital At The Top