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Report: Local Radio Topped $13.6 Billion In 2022 Revenue, Up 7.4%

BIA ADVISORY SERVICES reports that total local radio over-the-air and digital revenue for 2022 topped $13.6 billion in 2022, growing 7.4% from $12.6 billion in 2021. Over-the-air advertising grew 2.2% to $11 billion (up from $10.7 billion in 2021) and digital income rose 35% to $2.6 billion (up from $1.9 billion in 2021).BIA VP/Forecasting NICOLE OVADIA noted, “Looking at last year’s ad revenue results, it shows that radio is maintaining an important position in their local ...

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