Canadian Radio – Profits Are Booming

“Statistics Canada says the industry’s operating revenues reached $1.6 billion in 2010, up 3.2 per cent from 2009. Profit margins in private radio rose to 19.1 per cent before interest and taxes, up from 17.9 in 2009. The agency says the industry’s profit margins have consistently exceeded 15 per cent since the late 1990s.”