June 3, 2014 – Ottawa-Gatineau – Canadian Radio-television and Telecommunications Commission (CRTC) The Canadian Radio-television and Telecommunications Commission (CRTC) today released statistical and financial information on the 685 commercial radio stations operating in Canada for the broadcast year that ended on August 31, 2013. Revenues remained relatively stable from the previous year despite competition from satellite, online and mobile services. Total revenues for AM and FM stations increased by 0.26%, from $1.618 billion in 2012 to $1.623 billion in 2013. These revenues enable commercial radio stations to provide a variety of programming to Canadians, support established and emerging Canadian talent, and offer employment opportunities to over 10,200 people. Over the past year, stations cut their expenses by $2 million, for a total of $1.252 billion. As a result, profits before interest and taxes (PBIT) improved slightly from $321 to $328 million, increasing the PBIT margin from 19.8% to 20.2%. Each year, the CRTC compiles financial data on the Canadian broadcasting and telecommunications industries to produce a series of reports. This year’s report on the radio sector provides data on a national basis and by individual markets, as well as on the 81 radio stations operated by the Canadian Broadcasting Corporation. The CRTC recently published the 2013 financial results for local television stations http://news.gc.ca/web/article-en.do?nid=845759, specialty, pay and pay-per-view television services and video-on-demand services http://news.gc.ca/web/article-en.do?nid=843969, and cable and satellite companies http://news.gc.ca/web/article-en.do?nid=848179. It will soon publish the annual edition of its Communications Monitoring Report. These annual reports allow Canadians to stay informed about the state of the Canadian broadcasting industry and help them participate in the CRTC’s public consultations. Quick facts FM radio • Canada’s FM radio stations continued to generate the majority of total revenues. The addition of 13 new FM stations in 2013 brought the number operating in Canada to 556. • In 2013, these stations earned $1.33 billion, slightly up from $1.31 billion the previous year. • Revenues for English-language FM stations increased by 1.31%, from $1.04 billion to $1.05 billion. • Revenues for French-language FM stations increased by 0.5%, from $251.9 million to $253.2 million. • Ethnic FM stations saw their revenues increase by 4.3%, to reach a total of $21.1 million. AM radio • The number of AM stations in Canada remained at 129. However, their total revenues decreased by 3.8%, from $306.2 million in 2012 to $294.6 million in 2013. Related links Commercial Radio – Statistical and Financial Summaries 2009–2013 http://www.crtc.gc.ca/eng/publications/reports/BrAnalysis/radio2013/radio2013.htm • Summaries for the Montreal market http://www.crtc.gc.ca/eng/publications/reports/BrAnalysis/radio2013/radio21.htm • Summaries for the Toronto market http://www.crtc.gc.ca/eng/publications/reports/BrAnalysis/radio2013/radio30.htm • Summaries for the Vancouver market http://www.crtc.gc.ca/eng/publications/reports/BrAnalysis/radio2013/radio33.htm • Summaries for the Calgary market http://www.crtc.gc.ca/eng/publications/reports/BrAnalysis/radio2013/radio36.htm • Summaries for the Edmonton market http://www.crtc.gc.ca/eng/publications/reports/BrAnalysis/radio2013/radio39.htm • Summaries for the Hamilton market http://www.crtc.gc.ca/eng/publications/reports/BrAnalysis/radio2013/radio42.htm • Summaries for the Ottawa-Gatineau market http://www.crtc.gc.ca/eng/publications/reports/BrAnalysis/radio2013/radio43.htm • Summaries for the Quebec City market http://www.crtc.gc.ca/eng/publications/reports/BrAnalysis/radio2013/radio46.htm • Summaries for the Winnipeg market http://www.crtc.gc.ca/eng/publications/reports/BrAnalysis/radio2013/radio47.htm • Summaries for the Halifax market http://www.crtc.gc.ca/eng/publications/reports/BrAnalysis/radio2013/radio50.htm • Summaries for the Kitchener/Waterloo market http://www.crtc.gc.ca/eng/publications/reports/BrAnalysis/radio2013/radio51.htm • Summaries for the London market http://www.crtc.gc.ca/eng/publications/reports/BrAnalysis/radio2013/radio52.htm • Summaries for the St. Catharines/Niagara market http://www.crtc.gc.ca/eng/publications/reports/BrAnalysis/radio2013/radio53.htm • Summaries for the Victoria market http://www.crtc.gc.ca/eng/publications/reports/BrAnalysis/radio2013/radio54.htm • Summaries for the Oshawa and Windsor markets http://www.crtc.gc.ca/eng/publications/reports/BrAnalysis/radio2013/radio55.htm - 30 - Contacts Follow us on Twitter: @CRTCeng https://twitter.com/CRTCeng Media Relations: Media Relations http://support.crtc.gc.ca/CRTCSubmissionMU/forms/Mediarelations.aspx?lang=e, Tel: 819-997-9403, Fax: 819-997-4245 General Inquiries: Tel: 819-997-0313, TDD: 819-994-0423, Fax: 819-994-0218 Toll-free # 1-877-249-CRTC (2782) TDD - Toll-free # 1-877-909-CRTC (2782) Ask a question or make a complaint http://www.crtc.gc.ca/RapidsCCM/Register.asp?lang=E This document is available in alternative format upon request.