CRTC Releases 2015 Radio Statistics, Revenue Numbers
April 25, 2016 at 4:32 PM (PT)
The CRTC released its annual report on commercial and CBC radio station revenues and statistics TODAY (4/25), covering the 2015 broadcast year.
Among the numbers, a total of 704 commercial radio stations (580 on FM, 124 on AM) were on the air as of the broadcast year ending AUGUST 31st, 2015, employing over 9,500 people (down 3.4% from 2014). Commercial station revenues fell 0.7% for the year to C$1.6 billion, with most of the total coming from local and national advertising (C$1.58 billion); ad revenues have been "relatively stable" since 2011, the report notes. Profits before interest and taxes (PBIT) increased from C$298.2 million to C$303.4 million, and the PBIT margin increased from 18.5% to 18.9%. Ethnic ("third-language") stations were up 1.5% to C$46.7 million.
FM station revenues fell by C$6.7 billion to $1.317 billion, with English-language FMs off 0.3% to C$1.040 billion, French FMs off 1.8% to $254.7 million, and Ethnic FMs up 2.1% to C$21.8 million. AM revenues fell 1.7% to C$286 million.
Ad revenues were off by 1.4% in the ATLANTIC provinces, 2.2% in QUEBEC, 0.6% in ONTARIO, and 1.1% in BRITISH COLUMBIA-YUKON-NORTHWEST TERRITORIES.
In the second year of the CBC selling ads on RADIO 2 and ICI MUSIQUE, ad revenues jumped 27.2% to C$1.4 million, but total revenues fell 3.9% to C$276.5 million due to declining parliamentary appropriations.