The below figures show current and historical revenue, share and forecasts for UK commercial radio.
*MAT = moving annual total
Annual Commercial Radio Revenue (£m’s)
| Year | Local (£m) | National (£m) | Branded Content (£m) | Digital (£m) | Total (£m) |
|---|---|---|---|---|---|
| 2023 | 115.8 | 376.4 | 151.1 | 72.2 | 715.5 |
| 2022 | 123.5 | 394.3 | 144.7 | 77.7 | 740.1 |
| 2021 | 115.1 | 402.8 | 129.5 | 71.3 | 718.7 |
| 2020 | 89.2 | 341.4 | 99.6 | 46.8 | 577.1 |
| 2019 | 141.2 | 373.5 | 128.7 | 49.3 | 692.8 |
| 2018 | 168.0 | 377.6 | 122.5 | 45.4 | 713.6 |
| 2017 | 174.3 | 360.3 | 109.7 | 34.8 | 679.1 |
| 2016 | 166.4 | 338.8 | 113.1 | 27.5 | 645.8 |
| 2015 | 163.5 | 325.7 | 103.2 | 20.4 | 612.8 |
| 2014 | 165.8 | 308.5 | 101.1 | 575.4 | |
| 2013 | 158 | 270 | 108.7 | 536.8 | |
| 2012 | 152.9 | 287 | 112.8 | 552.7 | |
| 2011 | 143.5 | 283.9 | 105.1 | 532.5 | |
| 2010 | 144.3 | 276.2 | 102.6 | 523 | |
| 2009 | 144.7 | 259.4 | 101.5 | 505.9 | |
| 2008 | 149.6 | 304.8 | 105.8 | 560.2 | |
| 2007 | 159.4 | 337.3 | 101.5 | 598.2 | |
| 2006 | 157.8 | 322.7 | 101.2 | 581.7 | |
| 2005 | 172.7 | 347.7 | 93 | 613.4 | |
| 2004 | 183.1 | 364.1 | 93.7 | 640.9 | |
| 2003 | 168.7 | 359.3 | 75.97 | 603.97 | |
| 2002 | 149.1 | 342.3 | 71.3 | 562.7 | |
| 2001 | 142.5 | 344.3 | 62.1 | 548.9 | |
| 2000 | 145.4 | 388.4 | 60.8 | 594.6 | |
| 1999 | 153.9 | 310.5 | n/a | 464.4 | |
| 1998 | 160.3 | 257.8 | n/a | 418.1 | |
| 1997 | 151.6 | 202.5 | n/a | 354.1 | |
| 1996 | 136.4 | 172.3 | n/a | 308.7 | |
| 1995 | 120.7 | 150.1 | n/a | 270.8 | |
| 1994 | 103.1 | 117.1 | n/a | 220.2 | |
| 1993 | 91 | 87.3 | n/a | 178.3 | |
| 1992 | 74 | 67 | n/a | 141 |
Quarterly Commercial Radio Revenue (£m’s)
| Year | Revs £m’s | Rev YoY Growth % | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Local | National | Branded Content | Digital | Total | Local | National | Branded Content | Digital | Total | |
| Q3 2024 | 27.5 | 93.1 | 38.3 | 18.0 | 176.9 | -4.0 | 4.8 | 4.5 | 10.0 | 3.8 |
| Q2 2024 | 27.1 | 89.6 | 35.5 | 19.1 | 171.3 | -3.2 | 7.6 | -7.6 | 14.8 | 3.0 |
| Q1 2024 | 33.1 | 103.0 | 34.1 | 18.3 | 188.5 | 13.8 | 3.9 | 19.5 | -5.9 | 7.0 |
| Q4 2023 | 30.0 | 105.1 | 47.5 | 19.8 | 202.4 | -1.2 | -0.4 | 9.4 | -12.3 | 0.3 |
| Q3 2023 | 28.7 | 88.8 | 36.7 | 16.4 | 170.5 | -5.8 | 1.4 | -1.0 | -15.2 | -2.2 |
| Q2 2023 | 28.0 | 83.3 | 38.4 | 16.6 | 166.4 | -7.4 | -12.9 | 13.8 | -6.6 | -6.2 |
| Q1 2023 | 29.1 | 99.1 | 28.5 | 19.4 | 176.2 | -10.2 | -6.1 | -6.3 | 7.6 | -5.5 |
| Q4 2022 | 30.4 | 105.5 | 43.4 | 22.5 | 201.8 | -8.4 | -7.7 | 7.5 | 0.9 | -4.0 |
| Q3 2022 | 30.4 | 87.6 | 37.0 | 19.3 | 174.4 | -3.3 | -14.2 | 7.0 | -0.8 | -7.1 |
| Q2 2022 | 30.3 | 95.7 | 33.8 | 17.8 | 177.5 | 3.7 | 3.4 | 19.3 | 6.9 | 6.5 |
| Q1 2022 | 32.4 | 105.6 | 30.5 | 18.1 | 186.5 | 52.1 | 12.5 | 16.3 | 26.7 | 20.0 |
| Q4 2021 | 33.2 | 114.2 | 40.4 | 21.9 | 209.7 | 34.6 | 1.4 | 34.6 | 47.9 | 15.1 |
| Q3 2021 | 31.4 | 102.1 | 34.6 | 19.1 | 187.2 | 45.3 | 22.6 | 35.3 | 50.2 | 30.7 |
| Q2 2021 | 29.2 | 92.5 | 28.3 | 16.4 | 166.3 | 144.1 | 84.3 | 59.0 | 104.5 | 89.1 |
| Q1 2021 | 21.3 | 93.9 | 26.2 | 14.1 | 155.4 | -31.2 | -1.4 | -0.3 | 24.8 | -5.1 |
| Q4 2020 | 24.7 | 112.7 | 30.0 | 14.8 | 182.2 | -29.5 | 15.0 | -14.3 | 11.7 | 0.5 |
| Q3 2020 | 21.6 | 83.3 | 25.6 | 12.7 | 143.3 | -37.1 | -7.4 | -21.6 | 6.4 | -15.2 |
| Q2 2020 | 12.0 | 50.2 | 17.8 | 8 | 87.9 | -66.5 | -43.2 | -44.3 | -32.9 | -47.7 |
| Q1 2020 | 30.9 | 95.2 | 26.3 | 11.3 | 163.7 | -14.3 | -2.0 | -9.8 | -7.1 | -6.2 |
| Q4 2019 | 35.0 | 98.0 | 35.0 | 13.3 | 181.3 | -16.5 | -3.4 | -3.1 | -2 | -6.1 |
| Q3 2019 | 34.4 | 90.0 | 32.6 | 12.0 | 168.9 | -18.3 | -2.8 | 18.8 | -0.1 | -2.9 |
| Q2 2019 | 35.7 | 88.4 | 32.0 | 11.9 | 168.0 | -14.1 | 5.4 | 2.0 | 15.9 | 0.5 |
| Q1 2019 | 36.1 | 97.2 | 29.1 | 12.1 | 174.5 | -14.9 | -2.6 | 5.5 | 26.5 | -2.7 |
| Q4 2018 | 41.9 | 101.5 | 36.1 | 13.5 | 193.0 | -5.7 | -0.1 | 4.8 | 38.7 | 1.5 |
| Q3 2018 | 42.1 | 92.5 | 27.5 | 12.0 | 174.1 | -4.8 | 7.5 | 6.1 | 25.1 | 5.0 |
| Q2 2018 | 41.6 | 83.9 | 31.3 | 10.3 | 167.2 | -7.3 | 0.6 | 16.5 | 20.4 | 2.1 |
| Q1 2018 | 42.4 | 99.7 | 27.6 | 9.6 | 179.3 | 4.1 | 11.6 | 23.1 | 39.3 | 12.5 |
| Q4 2017 | 44.4 | 101.5 | 34.5 | 9.8 | 190.2 | 0.7 | 6.4 | 3.5 | 17.9 | 5 |
| Q3 2017 | 44.2 | 86 | 25.9 | 9.6 | 165.7 | 5.7 | 5.4 | -5.8 | 42.6 | 5.1 |
| Q2 2017 | 44.9 | 83.4 | 26.9 | 8.5 | 163.7 | 11.4 | 11.8 | 2.2 | 38.9 | 11.1 |
| Q1 2017 | 40.8 | 89.3 | 22.4 | 6.9 | 159.4 | 1.4 | 2.6 | -13.6 | 8.1 | -0.1 |
| Q4 2016 | 44.1 | 95.4 | 33.3 | 8.3 | 181.1 | 10 | 6.5 | 3.6 | 31.7 | 7.7 |
| Q3 2016 | 41.9 | 81.7 | 27.5 | 6.7 | 157.7 | 2.8 | 4.1 | 12.1 | 23.7 | 5.8 |
| Q2 2016 | 40.3 | 74.6 | 26.4 | 6.2 | 147.4 | -1.2 | -2.3 | 5.2 | 32.6 | 0.4 |
| Q1 2016 | 40.2 | 87.1 | 25.9 | 6.4 | 159.6 | -4.2 | 7.1 | 21 | 57.9 | 7.3 |
| Q4 2015 | 40.1 | 89.6 | 32.2 | 6.3 | 168.2 | -6.2 | 5.3 | 14.5 | 7.9 | |
| Q3 2015 | 40.7 | 78.4 | 24.5 | 5.4 | 149 | -4.2 | 9.3 | 7.2 | 8.7 | |
| Q2 2015 | 40.8 | 76.3 | 25 | 4.6 | 146.8 | -0.3 | -1.9 | -2.9 | 1.6 | |
| Q1 2015 | 42 | 81.3 | 21.4 | 4 | 148.7 | 5.4 | 10.2 | -12.2 | 7.8 | |
| Q4 2014 | 42.7 | 85.1 | 28.1 | 155.9 | 2 | 16.8 | -7.8 | 7.4 | ||
| Q3 2014 | 42.5 | 71.8 | 22.9 | 137.1 | 3.5 | 12.7 | -13.4 | 4.6 | ||
| Q2 2014 | 40.9 | 77.8 | 25.8 | 144.5 | 9.5 | 22.3 | -1.6 | 13.6 | ||
| Q1 2014 | 39.8 | 73.8 | 24.4 | 138 | 5.3 | 5.7 | -5 | 3.5 | ||
| Q4 2013 | 41.9 | 72.8 | 30.5 | 145.2 | 8.9 | 5 | 3.3 | 5.7 | ||
| Q3 2013 | 41 | 63.7 | 26.4 | 131.1 | 3.7 | -8.2 | -1.4 | -3.4 | ||
| Q2 2013 | 37.3 | 63.7 | 26.2 | 127.2 | -3.8 | -13.7 | -14.6 | -11.2 | ||
| Q1 2013 | 37.8 | 69.8 | 25.7 | 133.3 | 4.7 | -6.2 | -0.6 | -2.3 | ||
| Q4 2012 | 38.4 | 69.3 | 29.5 | 137.3 | 5.7 | -3.4 | 3.9 | 0.5 | ||
| Q3 2012 | 39.6 | 69.4 | 26.8 | 135.8 | 4.1 | -7.3 | -2.1 | -3.2 | ||
| Q2 2012 | 38.8 | 73.8 | 30.7 | 143.2 | 9.7 | 9.3 | 18.4 | 11.2 | ||
| Q1 2012 | 36.1 | 74.5 | 25.8 | 136.4 | 7.1 | 6.8 | 10.2 | 7.5 | ||
| Q4 2011 | 36.3 | 71.8 | 28.4 | 136.6 | 0.4 | -3.5 | 1.8 | -1.4 | ||
| Q3 2011 | 38 | 74.9 | 27.4 | 140.3 | 3.3 | 19.1 | 11.8 | 13 | ||
| Q2 2011 | 35.4 | 67.5 | 25.9 | 128.8 | 0 | 11.7 | -2.9 | 5.1 | ||
| Q1 2011 | 33.7 | 69.7 | 23.4 | 126.9 | -6 | -11.2 | -0.4 | -8 | ||
| Q4 2010 | 36.2 | 74.4 | 27.9 | 138.5 | -3.3 | 4.6 | -2.4 | 1 | ||
| Q3 2010 | 36.8 | 62.8 | 24.5 | 124.1 | 3.1 | 5.1 | -1 | 3.3 | ||
| Q2 2010 | 35.4 | 60.5 | 26.7 | 122.5 | 1.8 | 0.7 | 7.4 | 2.4 | ||
| Q1 2010 | 35.9 | 78.6 | 23.5 | 137.9 | -2.5 | 14.7 | 0.8 | 7.3 | ||
| Q4 2009 | 37.5 | 71.1 | 28.6 | 137.1 | 3.4 | 8.3 | 5.4 | 6.3 | ||
| Q3 2009 | 35.7 | 59.8 | 24.8 | 120.2 | -3.7 | -16.5 | -13.5 | -12.4 | ||
| Q2 2009 | 34.8 | 60 | 24.8 | 119.7 | -6.1 | -16 | -3.6 | -10.9 | ||
| Q1 2009 | 36.8 | 68.4 | 23.4 | 128.6 | -6.4 | -28.8 | -4.1 | -19.5 | ||
| Q4 2008 | 36.2 | 65.6 | 27.1 | 129 | -9.8 | -21.2 | -1.1 | -14.5 | ||
| Q3 2008 | 37.1 | 71.6 | 28.6 | 137.3 | -6 | -12.2 | 2.1 | -7.9 | ||
| Q2 2008 | 37 | 71.5 | 25.8 | 134.2 | -8.4 | -15.9 | 7.3 | -10.2 | ||
| Q1 2008 | 39.3 | 96.1 | 24.4 | 159.7 | -2.1 | 9.4 | 11.4 | 7.3 | ||
| Q4 2007 | 40.2 | 83.3 | 27.4 | 151 | 3.2 | 11.4 | 1.1 | 7.1 | ||
| Q3 2007 | 39.4 | 81.6 | 28 | 149 | -0.7 | 7.7 | 8 | 5.4 | ||
| Q2 2007 | 40.4 | 85 | 24 | 149.4 | 1.2 | 3.4 | -7.9 | 0.8 | ||
| Q1 2007 | 39.4 | 87.4 | 22.1 | 148.9 | 0.3 | -2.8 | 0 | -1.6 | ||
| Q4 2006 | 38.9 | 74.8 | 27.1 | 140.9 | -9.7 | -14.3 | 7.7 | -9.5 | ||
| Q3 2006 | 39.7 | 75.8 | 25.9 | 141.4 | -8.2 | -11.6 | 10.4 | -7.3 | ||
| Q2 2006 | 39.9 | 82.2 | 26.1 | 148.2 | -5.4 | 4.6 | 16.2 | 3.5 | ||
| Q1 2006 | 39.2 | 89.9 | 22.1 | 151.2 | -11 | -6.3 | 0.8 | -6.6 | ||
| Q4 2005 | 43.1 | 87.3 | 25.2 | 155.7 | -8.2 | -6.1 | 0 | -5.8 | ||
| Q3 2005 | 43.3 | 85.7 | 23.5 | 152.5 | -2.8 | -5.9 | -2.8 | -4.6 | ||
| Q2 2005 | 42.2 | 78.6 | 22.4 | 143.3 | -8.5 | -9.8 | -9 | -9.2 | ||
| Q1 2005 | 44.1 | 95.9 | 21.9 | 162 | -2.4 | 3.5 | 11.3 | 2.8 | ||
| Q4 2004 | 47 | 93 | 25.2 | 165.2 | 1 | -7 | 15.3 | -1.9 | ||
| Q3 2004 | 44.5 | 91.1 | 24.1 | 159.8 | 3.6 | 3.5 | 29.2 | 6.7 | ||
| Q2 2004 | 46.4 | 87.3 | 24.7 | 158.3 | 12.9 | 2.2 | 29.2 | 8.8 | ||
| Q1 2004 | 45.2 | 92.7 | 19.7 | 157.6 | 18.7 | 8 | 20.5 | 12.4 | ||
| Q4 2003 | 46.5 | 100 | 21.8 | 168.4 | 21.5 | 10.4 | 22.3 | 14.7 | ||
| Q3 2003 | 43 | 88.1 | 18.7 | 149.7 | 10.4 | 6.7 | -2.4 | 6.5 | ||
| Q2 2003 | 41.1 | 85.4 | 19.1 | 145.5 | 11.5 | 1.9 | 1 | 4.3 | ||
| Q1 2003 | 38.1 | 85.8 | 13.4 | 140.3 | 8.7 | 0.6 | 6.6 | 3.4 | ||
| Q4 2002 | 38.3 | 90.6 | 17.9 | 146.8 | -0.5 | 4.4 | 8.8 | 3.6 | ||
| Q3 2002 | 38.9 | 82.6 | 19.1 | 140.7 | 7.8 | -0.7 | 17.6 | 3.8 | ||
| Q2 2002 | 36.9 | 83.8 | 18.9 | 139.5 | 3.3 | -1.2 | 17.2 | 2.2 | ||
| Q1 2002 | 35 | 85.4 | 15.3 | 135.7 | 8.7 | -4.7 | 15.5 | 0.5 | ||
| Q4 2001 | 38.5 | 86.8 | 16.4 | 141.7 | 1.3 | -18.8 | 6.6 | -11.6 | ||
| Q3 2001 | 36.1 | 83.2 | 16.3 | 135.6 | 3.2 | -11.8 | 5.2 | -6.4 | ||
| Q2 2001 | 35.7 | 84.8 | 16.1 | 136.6 | -2.7 | -17.6 | 1 | -12.2 | ||
| Q1 2001 | 32.2 | 89.6 | 13.3 | 135.1 | -9.7 | 6.2 | -4.6 | 0.8 | ||
| Q4 2000 | 38 | 106.8 | 15.4 | 160.3 | -3.7 | 16.7 | n/a | 22.3 | ||
| Q3 2000 | 35 | 94.3 | 15.5 | 144.8 | -10 | 19.2 | n/a | 22.7 | ||
| Q2 2000 | 36.7 | 102.9 | 16 | 155.5 | -3.3 | 38.6 | n/a | 38.7 | ||
| Q1 2000 | 35.7 | 84.4 | 13.9 | 134 | -5 | 28.7 | n/a | 29.9 | ||
MAT Commercial Radio Revenue (£m’s)
| Year | Revs £m’s | Rev YoY Growth % | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Local | National | Branded Content | Digital | Total | Local | National | Branded Content | Digital | Total | |
| MAT Q3 2024 | 117.8 | 390.8 | 155.4 | 75.1 | 739.2 | 1.4 | 3.7 | 5.7 | 0.2 | 3.4 |
| MAT Q2 2024 | 118.9 | 386.6 | 153.7 | 73.5 | 732.7 | 0.8 | 2.9 | 4.3 | -5.6 | 1.9 |
| MAT Q1 2024 | 119.8 | 380.2 | 156.7 | 71.1 | 727.8 | -0.3 | -2.0 | 9.8 | -10.1 | -0.3 |
| MAT Q4 2023 | 115.8 | 376.4 | 151.1 | 72.2 | 715.5 | -6.2 | -4.5 | 4.4 | -7.1 | -3.3 |
| MAT Q3 2023 | 116.2 | 376.7 | 147.0 | 75.0 | 714.9 | -8.0 | -6.5 | 3.8 | -3.3 | -4.5 |
| MAT Q2 2023 | 117.9 | 375.5 | 147.4 | 77.9 | 718.8 | -7.4 | -10.1 | 5.9 | 0.3 | -5.7 |
| MAT Q1 2023 | 120.2 | 387.9 | 142.7 | 79.1 | 729.9 | -4.8 | -6.4 | 6.7 | 3.4 | -2.8 |
| MAT Q4 2022 | 123.5 | 394.3 | 144.7 | 77.7 | 740.1 | 7.2 | -2.1 | 11.7 | 6.9 | 2.8 |
| MAT Q3 2022 | 126,7 | 403.1 | 141.6 | 77.5 | 748.5 | 18.5 | 0.5 | 18.9 | 18.9 | 8.2 |
| MAT Q2 2022 | 127.3 | 417.6 | 139.2 | 76.7 | 761.8 | 31.5 | 9.2 | 26.5 | 32.9 | 17.6 |
| MAT Q1 2022 | 126.2 | 414.5 | 133.8 | 76.5 | 751.0 | 58.7 | 21.9 | 34.3 | 53.6 | 32.0 |
| MAT Q4 2021 | 115.1 | 402.8 | 129.5 | 71.5 | 718.9 | 29.1 | 18.0 | 29.9 | 52.6 | 24.5 |
| MAT Q3 2021 | 106.6 | 401.1 | 119.1 | 64.4 | 691.1 | 7.1 | 22.8 | 13.8 | 42.2 | 20.0 |
| MAT Q2 2021 | 96.8 | 382.3 | 110.1 | 58.0 | 647.2 | -13.8 | 14.7 | -1.4 | 30.3 | 7.5 |
| MAT Q1 2021 | 79.5 | 340.0 | 99.6 | 49.6 | 568.8 | -41.5 | -8.5 | -20.9 | 2.5 | -16.6 |
| MAT Q4 2020 | 89.2 | 341.4 | 99.6 | 46.8 | 577.1 | -36.8 | -8.6 | -22.6 | -5 | -16.7 |
| MAT Q3 2020 | 99.5 | 326.7 | 104.6 | 45.3 | 576.2 | -32.8 | -13.3 | -19.4 | -8.7 | -18.2 |
| MAT Q2 2020 | 112.2 | 333.4 | 111.7 | 44.5 | 601.8 | -28.0 | -12.2 | -10.4 | -10.2 | -15.2 |
| MAT Q1 2020 | 136.0 | 371.6 | 125.9 | 48.4 | 681.9 | -15.9 | -0.9 | 1.5 | 1 | -3.8 |
| MAT Q4 2019 | 141.2 | 373.5 | 128.7 | 49.3 | 692.8 | -16.0 | -1.1 | 5.0 | 8.6 | -2.9 |
| MAT Q3 2019 | 148.1 | 377.0 | 129.8 | 49.6 | 704.5 | -13.2 | -0.2 | 7.4 | 19.1 | -0.9 |
| MAT Q2 2019 | 155.8 | 379.6 | 124.7 | 49.6 | 709.6 | -9.8 | 2.2 | 4.5 | 26.4 | 1.0 |
| MAT Q1 2019 | 161.7 | 375.1 | 124.1 | 48.0 | 708.7 | -8.1 | 1.2 | 8.0 | 27.9 | 1.4 |
| MAT Q4 2018 | 168.0 | 377.6 | 122.5 | 45.4 | 713.6 | -3.6 | 4.8 | 11.7 | 30.6 | 5.1 |
| MAT Q3 2018 | 170.5 | 377.7 | 120.9 | 41.6 | 710.7 | -2.0 | 6.6 | 11.4 | 25.1 | 6.1 |
| MAT Q2 2018 | 172.7 | 371.2 | 119.3 | 39.2 | 702.4 | 0.6 | 6.1 | 8.3 | 28.9 | 6.1 |
| MAT Q1 2018 | 175.9 | 370.7 | 114.9 | 37.5 | 699 | 5.4 | 8.7 | 4.8 | 33.7 | 8.3 |
| MAT Q4 2017 | 174.2 | 360.3 | 109.7 | 34.8 | 679.1 | 4.7 | 6.4 | -3.0 | 26.3 | 5.2 |
| MAT Q3 2017 | 174 | 354.2 | 108.5 | 33.3 | 669.9 | 7.1 | 6.4 | -3 | 30.4 | 5.9 |
| MAT Q2 2017 | 171.6 | 349.8 | 110.1 | 30.4 | 662 | 6.4 | 6.1 | 1 | 25.5 | 6.1 |
| MAT Q1 2017 | 167 | 341 | 109.6 | 28 | 645.6 | 3.2 | 2.9 | 1.8 | 23.4 | 3.5 |
| MAT Q4 2016 | 166.4 | 338.8 | 113.1 | 27.5 | 645.8 | 1.8 | 4 | 9.6 | 35 | 5.4 |
| MAT Q3 2016 | 162.4 | 333 | 111.9 | 25.5 | 632.8 | -2.2 | 3.7 | 13 | 5.4 | |
| MAT Q2 2016 | 161.2 | 329.7 | 109 | 24.2 | 624.1 | -4 | 4.8 | 11.8 | 6.1 | |
| MAT Q1 2016 | 161.7 | 331.5 | 107.7 | 22.7 | 623.6 | -3.7 | 4.9 | 9.7 | 6.4 | |
| MAT Q4 2015 | 163.5 | 325.7 | 103.2 | 20.4 | 612.8 | -1.4 | 5.6 | 2 | 6.5 | |
| MAT Q3 2015 | 166.1 | 321.2 | 99.1 | 14.1 | 600.5 | 0.7 | 8.4 | -4.3 | 6.3 | |
| MAT Q2 2015 | 167.9 | 314.5 | 97.4 | 8.7 | 588.5 | 2.6 | 9.1 | -9 | 5.3 | |
| MAT Q1 2015 | 168 | 316 | 98.2 | 4 | 586.2 | 5 | 15.3 | -8.6 | 8.3 | |
| MAT Q4 2014 | 165.8 | 308.5 | 101.1 | 575.4 | 4.9 | 14.3 | -7 | 7.2 | ||
| MAT Q3 2014 | 165 | 296.2 | 103.5 | 564.7 | 6.7 | 11.1 | -4 | 6.8 | ||
| MAT Q2 2014 | 163.6 | 288.1 | 107.1 | 558.8 | 6.8 | 5.8 | -1 | 4.7 | ||
| MAT Q1 2014 | 160 | 274 | 107.5 | 541.5 | 3.5 | -3 | -4.6 | -1.5 | ||
| MAT Q4 2013 | 158 | 270 | 108.7 | 536.7 | 3.3 | -5.9 | -3.6 | -2.9 | ||
| MAT Q3 2013 | 154.6 | 266.5 | 107.8 | 528.9 | 2.5 | -7.9 | -3.5 | -4.2 | ||
| MAT Q2 2013 | 153 | 272.2 | 108.2 | 533.4 | 2.6 | -7.7 | -3.6 | -4.1 | ||
| MAT Q1 2013 | 154.6 | 282.3 | 112.6 | 549.5 | 6 | -2.2 | 4.8 | 1.4 | ||
| MAT Q4 2012 | 152.9 | 287 | 112.8 | 552.7 | 6.6 | 1.1 | 7.3 | 3.8 | ||
| MAT Q3 2012 | 150.8 | 289.4 | 111.7 | 551.9 | 5.2 | 1 | 6.8 | 3.3 | ||
| MAT Q2 2012 | 149.3 | 294.9 | 112.2 | 556.4 | 5 | 7.4 | 10.4 | 7.4 | ||
| MAT Q1 2012 | 145.9 | 288.6 | 107.5 | 542 | 2.6 | 7.9 | 4.9 | 5.9 | ||
| MAT Q4 2011 | 143.5 | 283.9 | 105.1 | 532.5 | -0.6 | 2.8 | 2.5 | 1.8 | ||
| MAT Q3 2011 | 143.3 | 286.5 | 104.6 | 534.4 | -1.5 | 5 | 1.3 | 2.4 | ||
| MAT Q2 2011 | 142 | 274.4 | 101.7 | 518.1 | -1.6 | 1.7 | -1.7 | 0.1 | ||
| MAT Q1 2011 | 142.1 | 267.4 | 102.5 | 512 | -1.1 | -0.8 | 0.8 | -0.6 | ||
| MAT Q4 2010 | 144.3 | 276.2 | 102.6 | 523.1 | -0.3 | 6.5 | 1.1 | 3.5 | ||
| MAT Q3 2010 | 145.6 | 272.9 | 103.2 | 521.7 | 1.4 | 7.5 | 3.2 | 4.9 | ||
| MAT Q2 2010 | 144.4 | 269.4 | 103.5 | 517.3 | -0.3 | 1.4 | -0.4 | 0.6 | ||
| MAT Q1 2010 | 143.8 | 269.5 | 101.7 | 515 | -2.3 | -2.8 | -3 | -2.7 | ||
| MAT Q4 2009 | 144.7 | 259.4 | 101.5 | 505.6 | -3.3 | -14.9 | -4.1 | -9.8 | ||
| MAT Q3 2009 | 143.5 | 253.9 | 100 | 497.4 | -6.6 | -21.3 | -5.7 | -14.6 | ||
| MAT Q2 2009 | 144.8 | 265.8 | 103.9 | 514.5 | -7.1 | -20.1 | -1.5 | -13.4 | ||
| MAT Q1 2009 | 147.1 | 277.2 | 104.8 | 529.1 | -7.7 | -19.9 | 1 | -13.1 | ||
| MAT Q4 2008 | 149.6 | 304.8 | 105.8 | 560.2 | -6.1 | -9.6 | 4.3 | -6.3 | ||
| MAT Q3 2008 | 153.6 | 322.5 | 106.1 | 582.2 | -2.9 | -1.9 | 4.8 | -1 | ||
| MAT Q2 2008 | 155.9 | 332.5 | 105.5 | 593.9 | -1.6 | 2.9 | 6.4 | 2.3 | ||
| MAT Q1 2008 | 159.3 | 346 | 103.8 | 609.1 | 0.9 | 8.1 | 2.5 | 5.1 | ||
| MAT Q4 2007 | 159.4 | 337.3 | 101.5 | 598.2 | 1 | 4.5 | 0.3 | 2.8 | ||
| MAT Q3 2007 | 158.1 | 328.8 | 101.2 | 588.1 | -2.4 | -1.9 | 1.9 | -1.4 | ||
| MAT Q2 2007 | 158.4 | 323 | 99 | 580.4 | -4.3 | -6.4 | 2.4 | -4.4 | ||
| MAT Q1 2007 | 157.9 | 320.2 | 101.2 | 579.3 | -5.9 | -6.3 | 8.6 | -3.9 | ||
| MAT Q4 2006 | 157.8 | 322.7 | 101.2 | 581.7 | -8.6 | -7.2 | 8.8 | -5.2 | ||
| MAT Q3 2006 | 162 | 335.2 | 99.3 | 596.5 | -8.3 | -5.1 | 6.7 | -4.2 | ||
| MAT Q2 2006 | 165.6 | 345.2 | 96.8 | 607.6 | -6.9 | -3.8 | 3.4 | -3.6 | ||
| MAT Q1 2006 | 167.8 | 341.6 | 93.2 | 602.6 | -7.8 | -7 | -2.8 | -6.6 | ||
| MAT Q4 2005 | 172.7 | 347.7 | 93 | 613.4 | -5.7 | -4.5 | -0.7 | -4.3 | ||
| MAT Q3 2005 | 176.6 | 353.3 | 93 | 622.9 | -3.3 | -4.8 | 2.9 | -3.3 | ||
| MAT Q2 2005 | 177.8 | 358.7 | 93.7 | 630.2 | -1.8 | -2.5 | 10.3 | -0.6 | ||
| MAT Q1 2005 | 182 | 367.4 | 95.9 | 645.3 | 3.5 | 0.3 | 20.9 | 3.9 | ||
| MAT Q4 2004 | 183.1 | 364.1 | 93.7 | 640.9 | 8.6 | 1.3 | 23.3 | 6.1 | ||
| MAT Q3 2004 | 182.7 | 371.1 | 90.3 | 644.1 | 13.8 | 6.1 | 25.5 | 10.6 | ||
| MAT Q2 2004 | 181.1 | 368.1 | 84.9 | 634.1 | 15.8 | 6.9 | 17.2 | 10.6 | ||
| MAT Q1 2004 | 175.8 | 366.2 | 79.3 | 621.3 | 15.5 | 6.8 | 9.8 | 9.5 | ||
| MAT Q4 2003 | 168.7 | 359.3 | 76 | 604 | 13.1 | 4.9 | 6.6 | 7.3 | ||
| MAT Q3 2003 | 160.5 | 349.9 | 72 | 582.4 | 7.5 | 3.4 | 3.1 | 4.4 | ||
| MAT Q2 2003 | 156.4 | 344.4 | 72.4 | 573.2 | 6.8 | 1.6 | 8.2 | 3.8 | ||
| MAT Q1 2003 | 152.2 | 342.8 | 72.3 | 567.3 | 4.7 | 0.8 | 12.6 | 3.2 | ||
| MAT Q4 2002 | 149.1 | 342.3 | 71.3 | 562.7 | 4.6 | -0.6 | 14.7 | 2.5 | ||
| MAT Q3 2002 | 149.3 | 338.5 | 69.8 | 557.6 | 5.1 | -7.1 | 14.3 | -1.7 | ||
| MAT Q2 2002 | 146.5 | 339.1 | 66.9 | 552.5 | 3.9 | -9.7 | 11.1 | -4.2 | ||
| MAT Q1 2002 | 145.3 | 340.1 | 64.2 | 549.6 | 2.4 | -13.6 | 6.7 | -7.7 | ||
| MAT Q4 2001 | 142.5 | 344.3 | 62.1 | 548.9 | -2 | -11.4 | 2.2 | -7.7 | ||
| MAT Q3 2001 | 142.1 | 364.4 | 61.1 | 567.6 | -3.3 | -2.3 | 0.4 | |||
| MAT Q2 2001 | 140.9 | 375.5 | 60.3 | 576.7 | -6.5 | 4.9 | 7.1 | |||
| MAT Q1 2001 | 141.9 | 393.7 | 60.1 | 595.7 | -6.6 | 19.5 | 20.3 | |||
| MAT Q4 2000 | 145.4 | 388.4 | 60.8 | 594.6 | -5.5 | 25.1 | 28 | |||
| MAT Q3 2000 | 146.9 | 373.1 | 520 | -6.5 | 26.8 | 25.3 | ||||
| MAT Q2 2000 | 150.7 | 357.9 | 508.6 | -4.2 | 29.9 | 24.4 | ||||
| MAT Q1 2000 | 152 | 329.3 | 481.3 | -5.5 | 21.2 | 14.5 | ||||
| MAT Q4 1999 | 153.9 | 310.5 | 464.4 | -4 | 20.4 | 11.1 | ||||
| MAT Q3 1999 | 157.1 | 294.3 | 451.4 | -1.8 | 22.5 | 12.8 | ||||
| MAT Q2 1999 | 157.3 | 275.6 | 432.9 | -1.2 | 19.5 | 11 | ||||
| MAT Q1 1999 | 160.8 | 271.7 | 432.5 | 4.4 | 28.5 | 18.3 | ||||
| MAT Q4 1998 | 160.3 | 257.8 | 418.1 | 5.7 | 27.3 | 18.1 | ||||
| MAT Q3 1998 | 159.9 | 240.3 | 400.2 | 8.6 | 24.1 | 17.4 | ||||
| MAT Q2 1998 | 159.2 | 230.6 | 389.8 | 10.9 | 24.4 | 18.5 | ||||
| MAT Q1 1998 | 154.1 | 211.5 | 365.6 | 8.6 | 19.6 | 14.7 | ||||
| MAT Q4 1997 | 151.6 | 202.5 | 354.1 | 11.1 | 17.5 | 14.7 | ||||
| MAT Q3 1997 | 147.2 | 193.7 | 340.9 | 11.5 | 15.2 | 13.6 | ||||
| MAT Q2 1997 | 143.6 | 185.3 | 328.9 | 11.3 | 13.3 | 12.4 | ||||
| MAT Q1 1997 | 141.8 | 176.9 | 318.7 | 13.1 | 13.2 | 13.2 | ||||
| MAT Q4 1996 | 136.4 | 172.3 | 308.7 | 13.1 | 14.8 | 14 | ||||
| MAT Q3 1996 | 132 | 168.1 | 300.1 | 13 | 17.5 | 15.5 | ||||
| MAT Q2 1996 | 129 | 163.5 | 292.5 | 15.7 | 20.9 | 18.5 | ||||
| MAT Q1 1996 | 125.4 | 156.3 | 281.7 | 18.8 | 22.4 | 20.8 | ||||
| MAT Q4 1995 | 120.7 | 150.1 | 270.8 | 17.1 | 28.2 | 23 | ||||
| MAT Q3 1995 | 116.7 | 143.1 | 259.8 | 17 | 32.2 | 24.9 | ||||
| MAT Q2 1995 | 111.6 | 135.2 | 246.8 | 14.9 | 35.1 | 25.2 | ||||
| MAT Q1 1995 | 105.5 | 127.7 | 233.2 | 11 | 38.6 | 24.6 | ||||
| MAT Q4 1994 | 103.1 | 117.1 | 220.2 | 13.3 | 34.1 | 23.4 | ||||
| MAT Q3 1994 | 99.8 | 108.2 | 208 | 14.9 | 40.1 | 26.8 | ||||
| MAT Q2 1994 | 97.1 | 100.1 | 197.2 | 19.3 | 40 | 29 | ||||
| MAT Q1 1994 | 95.1 | 92.1 | 187.2 | 23.4 | 34.9 | 28.8 | ||||
| MAT Q4 1993 | 91 | 87.3 | 178.3 | 23 | 30.3 | 26.4 | ||||
| MAT Q3 1993 | 86.9 | 77.2 | 164.1 | 21.7 | 17.9 | 19.9 | ||||
| MAT Q2 1993 | 81.4 | 71.5 | 152.9 | 16.9 | 9 | 13.1 | ||||
| MAT Q1 1993 | 77 | 68.3 | 145.3 | 15.2 | 3.4 | 9.3 | ||||
| MAT Q4 1992 | 74 | 67 | 141 | 13.4 | 5.3 | 9.4 | ||||
| MAT Q3 1992 | 71.4 | 65.5 | 136.9 | 11.1 | 4.9 | 8.1 | ||||
| MAT Q2 1992 | 69.6 | 65.6 | 135.2 | 5.5 | 5.2 | 5.3 | ||||
| MAT Q1 1992 | 66.9 | 66.1 | 133 | -4.4 | 5.6 | 0.3 |
Radio’s share of the Quarterly Display Market
In order to measure Commercial Radio’s growth relative to other media, we calculate radio’s share of total advertising revenue. This is based on Commercial Radio’s direct competitive set i.e. the display advertising marketplace (exc direct mail) as defined by AA/WARC.
| Year | Total Display (M’s) | Year-on-Year Growth (%) | Radio Share (%) |
|---|---|---|---|
| Q3 2024 | 5456.9 | 8.8% | 3.2% |
| Q2 2024 | 5535.8 | 16.6% | 3.1% |
| Q1 2024 | 5201.9 | 16.2% | 3.6% |
| Q4 2023 | 5440.5 | 4.8% | 3.7% |
| Q3 2023 | 5015.1 | 14.2% | 3.4% |
| Q2 2023 | 4747.1 | -1.8% | 3.5% |
| Q1 2023 | 4477.9 | -1.2% | 3.9% |
| Q4 2022 | 5192.8 | -3.6% | 3.9% |
| Q3 2022 | 4392.2 | -3.3% | 4.0% |
| Q2 2022 | 4831.8 | 11.8% | 3.7% |
| Q1 2022 | 4533.9 | 23.0% | 4.1% |
| Q4 2021 | 5387.6 | 26.2% | 3.9% |
| Q3 2021 | 4543.1 | 34.8% | 4.1% |
| Q2 2021 | 4321.6 | 99.3% | 3.9% |
| Q1 2021 | 3685.2 | 7.7% | 4.2% |
| Q4 2020 | 4270 | 2.0% | 4.3% |
| Q3 2020 | 3370.8 | -3.1% | 4.3% |
| Q2 2020 | 2168.5 | -35.9% | 4.1% |
| Q1 2020 | 3420.6 | 3.0% | 4.8% |
| Q4 2019 | 4186.6 | 8.2% | 4.3% |
| Q3 2019 | 3478.2 | 8.8% | 4.9% |
| Q2 2019 | 3381.6 | 4.7% | 5.0% |
| Q1 2019 | 3321.6 | 3.1% | 5.3% |
| Q4 2018 | 3868.5 | 5.8% | 5.0% |
| Q3 2018 | 3196.5 | 6.3% | 5.4% |
| Q2 2018 | 3228.8 | 6.4% | 5.2% |
| Q1 2018 | 3221.5 | 8.3% | 5.6% |
| Q4 2017 | 3656.6 | 5.2% | 5.2% |
| Q3 2017 | 3007.4 | 2.3% | 5.5% |
| Q2 2017 | 3035.3 | 2.7% | 5.4% |
| Q1 2017 | 2975.1 | 0.0% | 5.4% |
| Q4 2016 | 3477.5 | 2.0% | 5.2% |
| Q3 2016 | 2939.1 | 2.6% | 5.4% |
| Q2 2016 | 2956 | 3.2% | 5.0% |
| Q1 2016 | 2975.6 | 2.5% | 5.4% |
| Q4 2015 | 3408.6 | 7.1% | 4.9% |
| Q3 2015 | 2864 | 8.7% | 5.2% |
| Q2 2015 | 2864.9 | 3.5% | 5.1% |
| Q1 2015 | 2903.2 | 11.7% | 5.1% |
| Q4 2014 | 3183 | 7.1% | 4.9% |
| Q3 2014 | 2633.8 | 6.1% | 5.2% |
| Q2 2014 | 2767.7 | 10.2% | 5.2% |
| Q1 2014 | 2599.3 | 6.1% | 5.3% |
| Q4 2013 | 2972.7 | 4.7% | 4.9% |
| Q3 2013 | 2483.5 | 5.8% | 5.3% |
| Q2 2013 | 2510.8 | -2.7% | 5.1% |
| Q1 2013 | 2449 | 2.0% | 5.4% |
| Q4 2012 | 2839.5 | 0.3% | 4.8% |
| Q3 2012 | 2347.9 | -0.6% | 5.8% |
| Q2 2012 | 2580.9 | 3.0% | 5.5% |
| Q1 2012 | 2401.9 | -0.8% | 5.7% |
| Q4 2011 | 2831 | 0.6% | 4.8% |
| Q3 2011 | 2362 | 2.2% | 5.9% |
| Q2 2011 | 2506.3 | 0.0% | 5.1% |
| Q1 2011 | 2421.3 | 3.8% | 5.2% |
| Q4 2010 | 2815.4 | 9.6% | 4.9% |
| Q3 2010 | 2310.3 | 13.4% | 5.4% |
| Q2 2010 | 2505.3 | 19.1% | 4.9% |
| Q1 2010 | 2332.3 | 11.5% | 5.9% |
| Q4 2009 | 2568.3 | 0.4% | 5.3% |
| Q3 2009 | 2038 | -11.6% | 5.9% |
| Q2 2009 | 2104 | -16.9% | 5.7% |
| Q1 2009 | 2092 | -16.5% | 6.1% |
| Q4 2008 | 2558.2 | -7.8% | 5.0% |
| Q3 2008 | 2305.4 | -6.1% | 6.0% |
| Q2 2008 | 2531.8 | -0.4% | 5.3% |
| Q1 2008 | 2505.6 | 2.6% | 6.4% |
| Q4 2007 | 2773.9 | 4.5% | 5.4% |
| Q3 2007 | 2454.7 | 6.6% | 6.1% |
| Q2 2007 | 2542.5 | 1.0% | 5.9% |
| Q1 2007 | 2441.3 | 1.2% | 6.1% |
| Q4 2006 | 2655 | -2.0% | 5.3% |
| Q3 2006 | 2303.8 | -2.2% | 6.1% |
| Q2 2006 | 2517.9 | 4.2% | 5.9% |
| Q1 2006 | 2411.5 | -2.1% | 6.3% |
| Q4 2005 | 2707.9 | -0.4% | 5.7% |
| Q3 2005 | 2354.8 | 1.7% | 6.5% |
| Q2 2005 | 2417.4 | -1.0% | 5.9% |
| Q1 2005 | 2463.3 | 10.5% | 6.6% |
| Q4 2004 | 2719.9 | 5.5% | 6.1% |
| Q3 2004 | 2316 | 7.2% | 6.9% |
| Q2 2004 | 2441.2 | 7.5% | 6.5% |
| Q1 2004 | 2230.1 | 4.8% | 7.1% |
| Q4 2003 | 2578.1 | 3.8% | 6.5% |
| Q3 2003 | 2160.6 | 1.2% | 6.9% |
| Q2 2003 | 2270 | 1.4% | 6.4% |
| Q1 2003 | 2127.6 | 2.5% | 6.4% |
| Q4 2002 | 2482.8 | 7.3% | 5.9% |
| Q3 2002 | 2135.4 | 4.4% | 6.6% |
| Q2 2002 | 2237.8 | 1.3% | 6.2% |
| Q1 2002 | 2075.9 | -9.5% | 6.5% |
| Q4 2001 | 2314.7 | -10.7% | 6.1% |
| Q3 2001 | 2045.5 | -8.1% | 6.6% |
| Q2 2001 | 2208.9 | -10.8% | 6.2% |
| Q1 2001 | 2293.2 | 4.6% | 5.9% |
| Q4 2000 | 2592.9 | n/a | 6.2% |
| Q3 2000 | 2225.1 | n/a | 6.5% |
| Q2 2000 | 2477.3 | n/a | 6.3% |
| Q1 2000 | 2192.9 | n/a | 6.1% |
Radio’s share of the Annual Display Market
In order to measure Commercial Radio’s growth relative to other media, we calculate radio’s share of total advertising revenue. This is based on Commercial Radio’s direct competitive set i.e. the display advertising marketplace (exc direct mail) as defined by AA/WARC.
| Year | Total Display (M’s) | Year-on-Year Growth (%) | Radio Share (%) |
|---|---|---|---|
| 2023 | 19680.6 | 3.9% | 3.6% |
| 2022 | 18950.7 | 5.6% | 3.9% |
| 2021 | 17937.5 | 35.6% | 4.0% |
| 2020 | 13230 | -7.9% | 4.4% |
| 2019 | 14368 | 6.3% | 4.8% |
| 2018 | 13515.4 | 6.3% | 5.3% |
| 2017 | 12709.1 | 2.7% | 5.3% |
| 2016 | 12375.7 | 2.6% | 5.2% |
| 2015 | 12061 | 7.8% | 5.1% |
| 2014 | 11183.8 | 7.4% | 5.1% |
| 2013 | 10415.9 | 2.4% | 5.2% |
| 2012 | 10170.2 | 0.5% | 5.4% |
| 2011 | 10120.5 | 1.6% | 5.3% |
| 2010 | 9963.2 | 13.2% | 5.2% |
| 2009 | 8802.3 | -11.1% | 5.7% |
| 2008 | 9901 | -3.0% | 5.7% |
| 2007 | 10212.4 | 3.3% | 5.9% |
| 2006 | 9888.1 | -0.6% | 5.9% |
| 2005 | 9943.3 | 2.4% | 6.2% |
| 2004 | 9707.3 | 6.3% | 6.6% |
| 2003 | 9136.2 | 2.3% | 6.6% |
| 2002 | 8932 | 0.8% | 6.3% |
| 2001 | 8862.3 | -6.6% | 6.2% |
| 2000 | 9488.3 | 1.4% | 6.3% |
Industry Revenue Forecasts
The following details latest revenue forecasts, as published by the AA. Please note that Radiocentre does not compile its own forecasts of advertising expenditure.
Advertising Association – short-term forecasts
Figures are quoted in current prices. The AA calculation for display advertising is the same as that used by Radiocentre and includes agency commission but excludes production costs, directories and cinema. Radio revenues include Branded Content
Quarterly Data
| Radio Revenue (M's) | year-on-year growth | Total display revenue (M's) | year-on-year growth | % Radio share | |
|---|---|---|---|---|---|
| Q4 2024 | 209.1 | 3.3% | 5901.3 | 8.5% | 3.5% |
| Q1 2025 | 193.6 | 2.7% | 5536.6 | 6.4% | 3.5% |
| Q2 2025 | 176.9 | 3.3% | 5890.9 | 6.4% | 3.0% |
| Q3 2025 | 183.8 | 3.9% | 5801.7 | 6.3% | 3.2% |
| Q4 2025 | 216.7 | 3.6% | 6267.6 | 6.2% | 3.5% |
| Q1 2026 | 198 | 2.3% | 5815.9 | 5.0% | 3.4% |
| Q2 2026 | 184.1 | 4.1% | 6183.8 | 5.0% | 3.0% |
| Q3 2026 | 190.5 | 3.6% | 6068.6 | 4.6% | 3.1% |
Publication date: February 2025
Annual Data
| Radio Revenue (M’s) | year-on-year growth | Total display revenue (M’s) | year-on-year growth | % Radio share | |
|---|---|---|---|---|---|
| 2024 | 745.8 | 4.2% | 22095.9 | 12.3% | 3.4% |
| 2025 | 771 | 3.4% | 23496.8 | 6.3% | 3.3% |
Publication date: February 2025