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UK Radio Industry Development Report Press Release: UK Radion Industry Development Report

 

Released: March 2009

After researching the UK radio industry development and taking into account various other factors the following conclusions can be drawn from MBD's report:

Market Review 2004-2008:

Radio industry spend/revenues declined by 1% to £961 million in 2008, partially negating the 3% increase evident in the previous year. Spend/revenues have fluctuated somewhat during the review period, although an overall decline of 3% is evident between 2004 and 2008.

BBC spending (excluding BBC World Services) increased overall between 2004 and 2008, culminating in growth of 11% to £384 million in the latter year. In 2008, BBC radio spending is believed to have accounted for an increased 40% of the total, with Radio 4 representing the largest share at 21% of the total expenditure.

Market Forecast 2009-2013:

The UK radio industry spend/revenues are expected to reach £996 million (at 2008 prices) in 2013, representing an increase of 4% in real terms compared with the latter year of the review period. Commercial radio is projected to continue to account for the largest share of radio industry spend, commanding 64% of the total in 2013.

 

Note to Editors:

MBD specialises in business to business market research. The range of reports and industries in which we operate in is constantly expanding (our portfolio comprises of more that 140 titles). All our reports are written by in-house market consultants.

Click here for full details of the UK Radio Industry Research Report

 

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