There has been a 6% jump in revenue generated by commercial radio broadcasters.

The 251 reporting commercial radio licensees recorded total revenue of $774.2m in 2002-’03. Television licensees achieved an almost identical percentage increase, according to the ABA figures.

ABA Chairman, David Flint, says: “These results show a steady improvement in the financial performance of the radio and television broadcasting industries.”

Radio licensees have achieved a collective broadcasting profit of $106.2m in 2002-’03, down 2.1% on 2001-’02).

As a result of the increases in sector revenue, licence fees collected by the ABA rose to $216m, up 5.7%.

Of this, the ABA collected $16.3m from commercial radio services ($800 000 more than in 2001-’02). This total will blow out for 2003-’04, after the recent new FM licence auctions in Sydney and Brisbane.

Further revenue details for metropolitan and regional Australia are available on CD or email to the ABA by calling (02) 9334 7700. The price is $550 (including GST).