ARN revenue is up by 7% in Q3

HT&E have reported that their commercial radio group, ARN, has recorded a 7 per cent increase in total radio revenues for the third quarter against the same quarter last year.

In a trading update at the UBS conference today, HT&E said that their second-half radio revenues are “…pacing at low to mid-single digit growth on strong Q4 2021 comparatives”, while costs remain in line with guidance.

 

According to their report, Live Australian commercial radio accounts for nearly three quarters of all listening on audio platforms that have advertising.

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