Radio continues to play a large part in the daily listening activities of many Australians and the increase in availability of listening ranges from the radio over the air, streaming on the internet or through digital radios in vehicles. Radio company mergers and acquisitions continue as amalgamation of regional radio stations become part of the push to gain greater advertising share of nationwide retransmission market. Further M&As are likely to continue over the coming years.
Although its advertising base is growing, the radio market continues to lose share to other new media sectors. While radio is still available over AM and FM frequencies and almost three-quarters of all radio is commercially operated, other technology including digital radio, podcasting and converged multi-media technologies are offering new revenue opportunities, threats and challenges.
The major commercial radio broadcasters include the ARN, Southern Cross Media, Nova, MRN, Fairfax Media, Grant Broadcasters and in late 2011. The radio networks have established metropolitan and regional footprints through aggregation and together account for around 75% of the market. The Australian Broadcasting Corporation accounts for almost all of the remaining radio audience.
In this report we provide statistics on radio usage patterns including revenue streams in tabular and easy-to-read chart formats, a radio history timeline, and also an overview of the markets of the major players. For information on Digital Radio, see our separate report: Australia - Radio - Digital Radio.
Revenue, market share, radio broadcasting, podcasting, media, funding for community radio.
Companies covered in this report include:
Austereo, Fairfax, ABC, Grant Broadcasters, Australian Radio Network, Southern Cross Media, DMG Radio Australia, Localworks, Macquarie Radio Network, Nova, Super Radio Network, community radio broadcasters, SBS, Smart Radio Network, indigenous radio.