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BIA Survey: 2009 Radio Revenues Down from 2008

Published Monday, June 08, 2009

Chantilly, VA. - Jun 4, 2009 - The economy has affected the radio industry more this year than originally projected, according to the second edition of BIA Advisory Services' quarterly Investing In Radio Market Report. New estimates project 2009 revenues of approximately $14 billion, a 15 percent decrease over last year, based on revenue reports from stations across the country. However, analysts at BIA believe that the economy has begun to bottom out and that it will not be quite as bad in the fall and winter months as it was in the beginning of the ...

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