Audiences, ads will return: NOVA chief

Original article by Lilly Vitorovich
The Australian – Page: 19 : 8-Mar-21

The Australian radio industry’s advertising revenue across the five capital cities fell by 19 per cent over the six months to December. This was significantly down when compared to free-to-air television, which recorded an increase of 0.6 per cent. However, NOVA Entertainment chief executive Peter Charlton is optimistic of a recovery in radio advertising in 2021, with eight out of its biggest 10 advertisers spending the same or more in the first two months of 2021 as in the same period in 2020; the advertisers in question include Harvey Norman, Coles and Woolworths.

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Radio toasts advertising renaissance

Original article by Dominic White
The Australian Financial Review – Page: 14 : 10-Mar-15

Data from Deloitte shows that advertising revenue for commercial radio stations in Australia’s five largest capital cities increased by 5.03 per cent during the first half of 2014-15. Australian Radio Network CEO Ciaran Davis attributes the rise to the defection of radio presenters Kyle and Jackie O. Commonwealth Bank media analyst Alice Bennett says the lower cost of radio advertising compared with TV was a key factor

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DELOITTE TOUCHE TOHMATSU LIMITED, AUSTRALIAN RADIO NETWORK PTY LTD, KIIS1065, APN NEWS AND MEDIA LIMITED – ASX APN, 2DAY FM AUSTRALIA PTY LTD, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, COMMERCIAL RADIO AUSTRALIA LIMITED, NOVA ENTERTAINMENT PTY LTD, FAIRFAX RADIO NETWORK PTY LTD, FAIRFAX MEDIA LIMITED – ASX FXJ, MACQUARIE RADIO NETWORK LIMITED – ASX MRN, COMMERCIAL ECONOMIC ADVISORY SERVICE OF AUSTRALIA, GOLDMAN SACHS AND PARTNERS AUSTRALIA PTY LTD