CRTC Report: Canadian Radio Revenue Flat In '13
June 6, 2014 at 7:08 AM (PT)
The CRTC's annual radio revenue report for CANADA's 685 commercial radio stations says that for the broadcast year that ended on AUGUST 31, 2013, revenues rose 0.26% to C$1.623 billion, with profits before interest and taxes (PBIT) up slightly from C$321 million to C$328 million.
FM radio revenues were up slightly from C$1.31 billion to C$1.33 billion. English-language FMs saw a 1.31% increase to C$1.05 billion, while French-language stations were up 0.5% to C$253.2 million and ethnic FMs rose 4.3% to C$21.1 million.
AM radio revenues fell 3.8% to C$294.6 million in 2013.