Synopsis
The recent changes to media ownership and broadcasting regulations in Australia are likely to lead to further consolidation of radio operators and increased cross-media ownership. In 2011 we are seeing takeovers starting to eventuate as the Austereo Group merged into Southern Cross Media and Fairfax offloading its regional radio stations.
Digital radio is in the five capitals around Australia and with trials in Canberra and Darwin continuing until July 2012. All these extra channels are competing for new and existing radio advertising dollars. Although its advertising base is growing, the radio market is losing share to other media sectors. While radio is still available over AM and FM frequencies, and almost three-quarters of all radio is commercially operated, new technology including digital radio, podcasting and converged multi-media technologies are offering new revenue opportunities and challenges.
The major commercial radio broadcasters include the Australian Radio Network, Southern Cross Media, DMG Radio Australia, and Macquarie Radio Network with Fairfax Media selling its regional stations to Grant Broadcasters in late 2011. The radio networks have established metropolitan and regional footprints through aggregation and together account for three quarters of the market. The Australian Broadcasting Corporation accounts for almost all of the remaining radio audience.
In this report we provide statistics on radio usage patterns including revenue streams in tabular and easy-to-read chart formats, a radio history timeline, and also an overview of the markets of the major players. For information on Digital Radio, see our separate report Australia - Radio - Digital Radio.
Companies mentioned
Companies mentioned in this report include – Austereo, Fairfax, ABC, Grant Broadcasters, Australian Radio Network, Southern Cross Media, DMG Radio Australia, Macquarie Radio Network.
Hot topics and technologies mentioned
Hot topics and technologies mentioned in this report include – DAB, Broadcasting, podcasting, media.