The 'Communications Market' report, issued by media regulator Ofcom, has revealed that commercial radio increased its total revenue last year, despite losing listeners. The report shows that the number of listeners under 25 has dropped by 10 percent in the last five years, with only the over 55s listening to more radio. It'll be that t'internet to blame one imagines.
Revenues rose by just under 2 percent to £522 million, with overall listening hours across all demographics falling by 2.6 percent in 2007. However, while listeners to local commercial radio fell by 4.5 percent, national commercial stations actually gained 3.2 percent. Listening via DAB, the internet and Digital TV boxes also grew. Which is no surprise.