This question is about largest radio stations.

How is the radio industry doing?

By Zippia Team - Sep. 1, 2023

The radio industry took a massive hit in 2020, and hasn't really recovered. In 2019 the average radio station revenue was $18.1 million, but in 2020, that number dropped by 24% to $13.9 million.

Ultimately though, the advent of TV and the internet has caused radio stations to struggle for some time. Luckily, through 2026 the industry is expected to have a slight positive growth rate of 0.71%.

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