3-14-14
In 2013 radio revenue totaled $4.602 Billion for the 4th quarter and $17.649 Billion for the year. Spot revenue declined 3% in Q4. Digital revenue was up 18%, Off-Air was up +11% and Network Comp was up 7%. For the total year, Spot was off just 1%, with gains recorded in both Digital (+16%) and Off-Air (+5%); Network ended the year down 4%. We'll have more details on the RAB report throughout the day and Monday morning.