In 2015, radio held its own in attracting ad dollars within the highly competitive media environment, and 2015 also represented milestones for radio's Digital and Off-Air sectors: Revenue derived from radio's increasingly important digital platforms topped $1B for the first time, and off-air sales grew 11% over last year's strong performance to exceed the $2B mark. Combined, Digital and Off-Air sectors comprise nearly 1/5 of radio's total bottom line for the full year 2015.
"More and more advertisers are extending the unmatched reach of broadcast radio by taking advantage of radio's off-air and digital options," said Erica Farber, President and CEO of the Radio Advertising Bureau. "By using radio stations' digital and off-air platforms, advertisers are extending the scope and reach of their messaging – and because more and more consumers are enjoying experiential events or spending time on devices, off-air opportunities can build on the strength of broadcast radio and provide the ability to reach them effectively and efficiently."
Other Non-Spot highlights for 2015 include:
- Off-Air sales now represent nearly 12% of total revenue.
- Network's strong second half (up 3%) helped boost full year by 1%.
The Top 5 advertiser categories of 2014 held steady in rank and rank positions through 2015, with four adding additional dollars to radio. Leading category Auto Dealers/Dealer Groups/Manufacturers' spending was flat but represented twice as many dollars in total as #2 Communications/Cellular.
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