Radio Up 6% in Revenue for 2003

�This was a hard-fought, in-the-trenches, hand-to-hand guerilla combat 6%. The year did not start that strong,� he observed. �It gained momentum throughout the year and you people made it grow. Bringing it up to 6% makes for a very powerful year. When you get forward momentum and you keep pushing and make something happen, you should be very proud.�

So said Gary Fries, President and CEO of the Radio Advertising Bureau at the RAB2003 Conference.

The year was up sharply in Q4 with an increase of 11% over the three month period with each month posting strong gains: October 13%, November 10%and December 9%.

�Fourth quarter was where it happened,� he added. "The most important part of that is that we�re going into �03 with a strong, strong foundation.�

Radio made up 8.2% of the $260 billion advertising pie in 2002.
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by Steve Hall    Feb- 3-03   Click to Comment   
  

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