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Radio Revenue ‘Inches Up’ in May

Radio Revenue 'Inches Up' in May

Modest growth continues to be the byword for the U.S. commercial radio industry in 2005.
The Radio Advertising Bureau says revenue was up 1% in May compared to the same month a year ago. That includes local, national, spot and non-spot dollars.
For the year to date, radio revenue is also up 1%. All of the components of that statistic are also either flat or up modestly.
RAB CEO Gary Fries thinks revenue will benefit as a “result of the significant programming, operational, and business advancements that are being implemented by the industry.”