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ARN CEO Ciaran David: No recovery yet but ‘pockets of positivity’ are out there

Author: Mariam Cheik-Hussein
Publication: AdNews

The advertising industry is slowly rebuilding after Australia’s coronavirus shutdown during the first half of the year, but ARN boss Ciaran Davis isn’t calling it a recovery for the radio business just yet.

As a whole, ad revenue for commercial metropolitan radio fell to $643.046 million for the 2019/20 financial year, down 20.34% from $807.701 million the year prior, according to Deloitte figures.

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