Home Login RADIO ONLINE RSS Facebook
Advertisement

U.S. Local Ad Revenues to Reach $148.8 Billion in 2019


BIA Advisory Services
BIA Advisory Services

In an update to its U.S. Local Advertising Forecast 2019, BIA Advisory Services forecasts the total local media marketplace in 2019 will be slightly stronger than expected earlier in the year, with ad revenue reaching approximately $148.8 billion. BIA says the elements supporting the advertising marketplace are a strong economy, an early start to the 2020 election, and most notably, increases in mobile and mobile-social advertising.

Traditional media will retain a significant portion (60 percent) of the overall spend, $89.2B, with digital ad revenue at 40 percent with $59.5B. However, the future of online/digital advertising revenue is progressively increasing, with a 2018-2023 CAGR of 9 percent. Over the same period, traditional advertising revenues will see a decrease in the 2018-2023 period with a CAGR of -1.4 percent.

Local Radio is forecast to earn $14.5 billion (9.8 percent share). BIA Advisory Services says competition for audiences continues to erode over-the-air (OTA) advertising revenue, however online efforts by stations are helping to support a slight growth in overall revenue.

"This is a very interesting time for local media," said BIA Advisory Services SVP and chief economist Mark Fratrik. "Although it's a non-political year, the sheer number of Democratic candidates running and the significant attention this presidential race is garnering is driving earlier than usual advertising revenue across television and mobile/social channels. Additionally, we are more bullish on certain digital advertising platforms like mobile due to its targetability, measurability, attribution and high level of adoption by consumers."

According to the forecast, the top five media (revenue and share of market) in order of largest to smallest contribution in local advertising for 2019:

  1. Direct Mail: $37.2 billion (25 percent share)
  2. Local Video: $29.5 billion (19.9 percent share) (*Includes local Over-the-Air (OTA) TV, local cable, local online video, out-of-home video, mobile video)
  3. Mobile: $21.8 billion (14.6 percent share)
  4. Desktop/Laptop/Tablet (Online/Interactive): $20.2 billion (13.6 percent share)
  5. Local Radio: $14.5 billion (9.8 percent share)
"It can be surprising to see that direct mail continues as such an important medium," commented Fratrik. "However, it directly targets more households than any other channel and mobilizes local consumers to make purchases, especially when combined with campaigns that make use of digital platforms. The key for revenue growth (and protection) today is not just to look at the media in your sector, but across all local media because you compete across all ad channels today."

Advertisement

Latest Radio Stories

Cumulus Sues Nielsen Over Alleged Ratings Monopoly
Cumulus Media and Nielsen
Cumulus Media and Nielsen
Cumulus Media has filed a federal antitrust lawsuit against The Nielsen Company, accusing the ratings giant of abusing its market dominance to force broadcasters into buying unwanted data and suppressing competition in the radio audience measurement industry. The complaint, filed October 16 in the U.S. More

MRC Revokes Nielsen Accreditation in Seven Markets
Media Rating Council (MRC)
Media Rating Council (MRC)
The Media Rating Council (MRC) has revoked accreditation for Nielsen Audio's diary ratings service in seven additional markets, part of its most recent round of audit decisions covering July through September 2025. According to the MRC's October 16 report, accreditation was withdrawn for the following More

NPR Pioneering Journalist Susan Stamberg Dies at 87
Susan Stamberg
Susan Stamberg
Susan Stamberg, a trailblazing journalist who helped shape National Public Radio from its earliest days and became the first woman to anchor a nightly national news program, died Thursday, October 16. She was 87. Stamberg joined NPR in the early 1970s, just as the network was taking shape, and quickly More
Advertisement

Rogan, Crime Junkie Lead Edison's Q3 Top 50 Podcasts
Edison Research
Edison Research
Edison Research has released its list of the Top 50 Podcasts in the U.S. for the third quarter of 2025, ranking shows by audience reach among weekly podcast consumers aged 13 and older. The findings are based on Edison Podcast Metrics, which measures total audience reach in both audio and video formats. More

Alt 105.1 Ends Syndicated Mornings, Adds Kenzie Live
Kenzie
Kenzie
After six years of syndicated morning shows, Connoisseur Media's Alternative WGHL (Alt 105.1) Louisville is changing course. The station announced it will drop Premiere Networks' The Woody Show in favor of a local, music-focused morning presentation beginning Monday, October 20, hosted by current midday More

Eric and Julianne Worden Exit Sinclair Norfolk
Eric & Julianne Worden
Eric & Julianne Worden
Longtime Norfolk radio personalities Eric and Julianne Worden have exited Sinclair Communications following a round of budget cuts impacting multiple staff members. Alternative WROX-FM (96X) Program Director and afternoon host Nick Chappell will assume mornings replacing Eric at WNOB. Eric Worden, a More

Return to Menu

Advertisement

Subscribe to our Newsletter
Radio news and headlines delivered right to your e-mail box -- and it's free.

Advertisement

Advertisement