US adults are spending the majority of their time with terrestrial radio versus podcasts and streaming platforms. Affluent audiences are taking to the airwaves. And radio remains one of the most cost-effective ways to reach audiences. Catch up with the latest in radio marketing in this week’s roundup of interesting news from around the web. Enjoy!
US adults spend significantly more time listening to terrestrial radio than to any other ad-supported audio format. In Q2 2021, 76% of their time spent with ad-supported audio went to AM/FM radio, while just 11% was devoted to podcasts, signaling that even as podcasts attract more and more advertising dollars, they’re far from being the leaders in ad-supported media. <<<Read More>>>
In a promising development for radio ad buys in the fourth quarter and next year, new nationwide Spring 2021 data from Nielsen shows gains of 7% YOY for virtually all of the major buying demographics.
The new roll-up of all listening also shows an eye-popping increase in upper-income Americans. Comparing the Nationwide Spring 2021 numbers to Spring 2020 reveals that the greater the income, the greater the listening recovery. AM/FM radio listening shot up 17% year-over-year among people with an annual income of $75,000 or greater. <<<Read More>>>
Contrary to what some media pundits may think, radio as a medium continues to thrive. In fact, people are consuming more terrestrial and digital radio than ever before. This rising consumption enriches the marketing opportunity that radio provides companies, as radio remains one of the most cost-effective ways to generate reach and frequency. <<<Read More>>>
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