Out of Home full year results for 2023
The Out of Home (OOH) industry today announced full year net media revenue results including the category breakdowns for 2023.
The industry saw a total increase of 12.23 per cent on net media revenue in 2023.
As previously reported, net media revenue for 2023 increased to $1,193.7 million, up from $1,063.6 million* for 2022, across the following categories:
Category figures 2023^:
· Roadside Billboards (over and under 25 square metres) · Roadside Other (street furniture, bus/tram externals, small format) · Transport (including airports) · ^Retail, Lifestyle and Other
Category figures 2022: · Roadside Billboards (over and under 25 square metres) | $507.8 million $271.3 million
$140.8 million $273.8 million
$466.5 million $238.6 million
$100.7 million $257.9 million |
· Roadside Other (street furniture, bus/tram externals, small format) | |
· Transport (including airports) | |
· ^Retail, Lifestyle and Other |
Digital Out of Home (DOOH) revenue accounts for 73.9 per cent of total net media revenue year-to-date, an increase over the recorded 64.5 per cent* for the same period last year.
ENDS
