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Radio revenue booms on ad sales for financial services, TV shows and cars.


While the local print and television media continue to struggle with ad venue, it's been a different story with radio.

Ad revenue through October of this year showed a 4.4 percent increase over the like period a year earlier, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Miller Kaplan Arase LLP/TNS-CMR.

The local market outperformed market outperform

An analyst recommendation that a stock is expected to outperform the overall market.
 the national market, which is projected to show about a 1 percent increase in advertising revenue, said Mary Beth Garber, president of the Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region,  Broadcasters Association.

Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  radio revenue is expected to rise over $1 billion this year, with top categories being automotive, communications, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
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 and television.

Media buyers who specialize in radio said the market hasn't seen the downturn experienced by newspapers largely because it's a relatively inexpensive medium, which makes it attractive to L.A.'s smaller businesses. In addition, it's seen as a still effective competitor against the Internet and other alternative media.

Corissa Embro, president of ad-buying company Industry Media Specialists, said that domestic automakers spent much of their money promoting employee discount programs on radio. On the minus side, local stations saw few political ad dollars this year despite the record sums spent on the state's special election called by Gov. Arnold Schwarzenegger Arnold Alois Schwarzenegger (German pronunciation (IPA): [ˈaɐ̯nɔlt ˈaloɪ̯s ˈʃvaɐ̯ʦənˌʔɛɡɐ] .

Staff reporter Anne Riley-Katz can be reached at (323) 549-5225, ext. 230, or at ariley-katz@labusinessjournal.com.
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Comment:Radio revenue booms on ad sales for financial services, TV shows and cars.
Author:Riley-Katz, Anne
Publication:Los Angeles Business Journal
Article Type:Brief Article
Geographic Code:1USA
Date:Jan 2, 2006
Words:219
Previous Article:For your consideration: box office receipts may be down, but studios are still spending big on awards season ads.
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