«Beaten down by the market for yet another year, radio companies appear poised to face more of the same in 2008, with projections typically calling for minuscule to nonexistent growth in advertising revenue and increased competition for listeners as a foregone conclusion.The current year certainly looks poised to go down as another difficult period for the industry, with total advertising revenue down 2% year over year through three quarters, according to figures released by the Radio Advertising Bureau Dec. 3, data that also showed revenue figures sagging further in the latter portion of the year, with third-quarter revenue down 5% year over year. (...) Wachovia Equity analyst Marci Ryvicker, for instance, recently said she now views radio as a "no growth medium" and puts zero percent growth as a likely, and potentially a "best case scenario" for 2008.  (...) Ryvicker noted three major trends that will conspire to hold radio revenues down in 2008 and beyond: the flight of ad dollars to new media, the generally depressed state of the economy and a slowdown in overall ad expenditures.»

fonte: MarketWeek: Radio revenues to get 'down' in 2008, SNL Interactive December 14, 2007 1:12 PM ET By Dave Hendrick