Is radio listening in decline UK?

The UK radio industry has seen revenues remain stagnant between 2014 and 2018. One issue that traditional radio has had to face is the rise of podcasts and listen again radio stations as well as music streaming services.

How do radio stations make money UK?

In the UK, companies like Global and Bauer own countless stations like KISS FM and Capital. Most revenue comes from ads, promoting local businesses and services in the area. But just like every other station, how much each one earns depends on listener reach.

What industries do Ofcom regulate?

Ofcom is the regulator and competition authority for the UK communications industries. It regulates the TV and radio sectors, fixed line telecoms, mobiles, postal services, plus the airwaves over which wireless devices operate. Ofcom works with the Department for Digital, Culture, Media & Sport.

Do people listen to radio UK?

Nine in ten people (89.6%) in the UK listen to the radio at least once a week – listening has remained at this level for the past five years. Commercial radio’s share of listening grew by 0.9pp to 44.9%, driven by an increase in listening to national commercial stations.

Is it good idea to listen to radio on demand?

It is a good idea for radio to start investing in digital, to hedge the changing world we live in.” In particular, the younger audience prefers to listen to audio on demand rather than sit passively and let radio stations choose what to play them.

Who are the partners of in demand radio?

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What are the challenges for the radio industry?

For established radio broadcasters this explosion of choice brings new challenges through increased competition for listeners and revenues. Broadcasters also face increased costs from having to invest in new platforms and must deal with increased competition from an ever wider range of media.

What is the role of radio in the UK?

Radio still has a vital role in fulfilling a range of public purposes – a role shared between the BBC, commercial radio and the new community radio sector – and regulation should be focused squarely on ensuring that those public purposes are met in the interests of listeners as citizens and as consumers.