Radio sponsorship and promotions rise 8% in 2012

The relaxation of the broadcasting code is starting to boost the coffers of UK radio, with revenues for sponsorship and promotions up 8.1% in 2012, according to new figures from the Radio Advertising Bureau (RAB).

UK radio: sponsorship and promotions have risen by 8% in 2012
UK radio: sponsorship and promotions have risen by 8% in 2012

The increase in the previously unavailable S&P spend equates to around £8m, and is expected to grow further in 2013 as brands look for deeper and broader engagement with customers.

Some of the year’s most successful S&P campaigns have included Coca Cola's Olympic Torch Relay campaign running across Bauer and Global stations, Weight Watchers' campaign on Bauer's Place portfolio, the XFM Naked Breakfast, and Tesco's campaign on Absolute Radio.

The S&P rises comes on top of an expected rise of more than 4% for radio revenue growth, according to RAB estimates.

Simon Redican, managing director of the RAB, told Media Week, "This is great news and it's all new money.

"Advertising solutions are being integrated seamlessly into programming, greatly enhancing the listener experience. We are also harnessing new platforms to deliver all advertiser objectives from brand building to activation. This reinvigoration of our traditional strength in beyond-the-spot solutions, is behind this impressive revenue growth"

Topics

Become a member of Campaign from just £45 a quarter

Get the very latest news and insight from Campaign with unrestricted access to campaignlive.co.uk ,plus get exclusive discounts to Campaign events

Become a member

Looking for a new job?

Get the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.

Create an Alert Now

Partner content

Share

1 Why creative people have lost their way

What better way to kick off the inaugural issue of Campaign's monthly print offering than with another think piece on the current failings of our industry, written by an embittered, pretentious creative who misses "the way things used to be"...

Share

1 Job description: Digital marketing executive

Digital marketing executives oversee the online marketing strategy for their organisation. They plan and execute digital (including email) marketing campaigns and design, maintain and supply content for the organisation's website(s).