Radio Broadcasting & Programming
Description
Brief Excerpt from Industry Overview Chapter:
Companies in this industry operate radio broadcast studios and transmit music, talk shows, news, and other audio entertainment formats to the public. Major US-based companies include iHeartMedia, Cumulus Media, and SiriusXM; leading companies based outside the US include the BBC (the UK), NRJ Group (France), and PRISA (Spain).The global radio broadcasting market is expected to grow about $115 billion in 2030 at a compound annual growth rate (CAGR) of 5.1%, according to Industry Arc. The US has the highest number of radio stations (around 15,000 firms), according to Statista.
The US radio broadcasting and programming industry includes about 5,500 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $20 billion.
The industry includes radio networks and stations, but not companies that broadcast only on the internet or that primarily produce taped radio programs.
Table of Contents
- Industry Overview
- Quarterly Industry Update
- Business Challenges
- Business Trends
- Industry Opportunities
- Call Preparation Questions
- Financial Information
- Industry Forecast
- Web Links and Acronyms
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