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Analysts at Merrill Lynch are upgrading their US radio advertising growth forecasts following a strong September, which saw revenues rise by 17% year on year, according to the Radio Advertising Bureau (see US Radio Figures Looking Stronger And Stronger, Up 17% In September). The broker is maintaining its Q4 2002 forecast of 10% growth, but… Continue reading Merrill Lynch Upgrades 2002 Forecast For US Radio

US radio advertising jumped by 17% year on year in September 2002, the highest monthly radio growth rate since May 2000 when ad markets were peaking. The latest data from the US Radio Advertising Bureau (RAB) show that national ad dollars soared by 26%, whilst local spend rose by 14%. September also closed Q3, in… Continue reading US Radio Figures Looking Stronger And Stronger, Up 17% In September

UK commercial revenue growth for the third quarter has beaten analysts’ expectations by turning in a 3.2% year on year growth to £140 million, according to the latest figures released by the Radio Advertising Bureau (RAB) this morning. In September, analysts at Merrill Lynch forecast that Q3 would be down by 5.0%, following two quarters… Continue reading UK Radio Beats Revenue Forecasts In Third Quarter

The unexpectedly poor Q3 radio trading in the UK appears to be continuing into October, although there is currently very little visibility beyond that, according to analysts at Merrill Lynch. In an update on the UK radio marketplace, the broker said that Q4 comparables should ease slightly and it hopes to see the market pick… Continue reading UK Radio Trading Remains Weak Into Q4

UK radio advertising revenues are set to grow at a slight higher rate than the overall advertising market between now and Q2 2004, according to the latest quarterly advertising forecasts from the Advertising Association (AA). The figures show an average quarterly growth of 4.6% between Q1 2002 and Q2 2004 for radio, whilst the overall… Continue reading UK Radio Advertising Forecasts From The AA

Radio advertising experienced significant growth in the 1990s as more commercial stations appeared on the scene and the medium appeared to offer better value for money than press and television. The commercial sector has since had to contend with recession and an upswing in fortunes for the BBC stations which now account for almost 53%… Continue reading Radio On The Road To Recovery, Says Forecast

Radio executives in the US have predicted that the industry is set to see further consolidation in the next two or three years, according to a report from MediaPost. The report quotes Westwood One CEO, Joel Hollander, as saying that he ‘absolutely believes’ that some of the medium-sized operators will merge to take on the… Continue reading US Radio Set For Further Consolidation

The RAJAR listening figures for the third quarter of 2002 show that, period on period, there has been little movement in terms of share. All BBC saw its share of listening remain unchanged at 52.6%, whilst All Commercial radio saw a slight 0.2% points drop to 45.3%, meaning that the BBC retains is edge for… Continue reading RAJAR Results Q3 2002 – Overall Summary

colspan=”5″>BBC Radio Stations Weekly Reach (000s) Year On Year Comparisons

RAJAR data for the third quarter of 2002 reveals a positive period for London listening with the majority of stations seeing weekly reach increase. However, notable declines were seen at the heavy-weight Capital stations.The sector’s leader in terms of reach, Capital 95.8 FM, experienced a 4.5% decline period on period, bringing its weekly reach to… Continue reading RAJAR Results Q3 2002 – London Stations