Using the term "sluggish" to describe April's results, the RAB said national ad demand took the biggest hit, dropping 7 percent from April 2005. Local spot radio declined 4 percent, bringing combined national and local spot radio spending down 5 percent for the month.
The estimates, which are based on a compilation of self-reported data from stations in more than 150 markets, bring radio's ad volume down 1 percent through the first four months of 2006. The RAB said the April downturn offset "minor growth spurts from earlier in 2006."
The RAB data follows a report by TNS, which estimated local radio ad spending fell 1.1 percent, national spot declined 0.2 percent, and network radio plummeted 3.5 percent during the first quarter of 2006, a quarter when total measured media spending jumped 5.2 percent.
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Radio Ad Spending
April '06 Vs. April '05 | YTD '06 Vs. YTD '05 | ||
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| ||
-------Local Revenue------- | -------Local Revenue------- | ||
All Markets | -4% | All Markets | -2% |
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------National Revenue------ | ------National Revenue------ | ||
All Markets | -7% | All Markets | 0% |
|
| ||
----Local & Nat'l Revenue---- | ----Local & Nat'l Revenue---- | ||
All Markets | -5% | All Markets | -2% |
|
| ||
------Non-Spot Revenue------ | ------Non-Spot Revenue------- | ||
All Markets | 8% | All Markets | 9% |
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| ||
----------Total Revenue------- | ---------Total Revenue------- | ||
All Markets | -4% | All Markets | -1% |