Broadcast radio advertising revenues in the Dallas-Ft. Worth radio market reached $306.4 million in 2016, according the first quarter edition of BIA/Kelsey’s 2017 Investing In Radio® Market Report.
This $306.4 million revenue estimate, which only includes over-the-air (OTA) revenue, is broken down by owner in the pie chart above. Only 0.5% separate CBS*’s (soon to be Entercom’s) six stations (1 AM and 5 FM) from Cumulus Media’s six stations (3 AM and 3 FM). Combined, these two owners account for almost half of the OTA radio revenue in the Dallas-Ft. Worth radio market. iHeartMedia’s six stations (1 AM and 5 FM) came in third overall.
BIA/Kelsey will present more of its Texas market intelligence at its LOCAL IMPACT Dallas conference on Wednesday in Dallas.