MediaBuyerPlanner: Statistics Canada reports Canadian private radio airtime sales were up 9.7 percent in 2005 to $1.16 billion, the largest year-to-year increase since 1988.
Private FM radio stations jumped $895 million and AM stations $186 million, reports The Hollywood Reporter (via Radio & Records).
Radio stations in Canada’s five largest urban markets, including Calgary, Ottawa and Toronto, posted an average pre-tax profit margin of 26.9 percent. That compares with a profit margin of 15.1 percent for stations in smaller urban markets.
Vahe Habeshian BIO
08.15.06
