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Canadian Radio Revenue Flat for 2014

Overall industry still profitable despite slight declines

The Canadian Radio-television and Telecommunications Commission says that Canadian radio revenues for 2014 (year ending in Aug. 2014) were relatively flat, down 0.52% — from C$1.623 billion in 2013 to C$1.614 billion in 2014.

Local ad sales saw a drop of almost 2.9% to C$1.09 billion while national ad sales rose 4.4% to C$476 million.

Despite there being 12 new FM stations, the band saw a slight drop in revenue of 0.4% to C$1.32 billion. The more numerous English-language stations were down 1.1% while French-language stations were up 2.4% to almost C$260 million, while ethnic stations also ticked up 1.3%, at C$21.3 million in ad sales. Canada has 560 FM stations according to the report.

Canada’s 127 AM stations saw a decrease of 1.3% in ad sales revenues to almost C$291 million in 2014.

The government-run Canadian Broadcasting Corp. saw a steep drop of 5.6% in revenue, down to C$287.6 million, mostly due to a lower government subsidy. That subsidy dropped to C$277.3 million.