OOH totals close to $550 million in half year net media revenue

By AdNews | 24 August 2023
 
Credit: Tuesday Temptation via Unsplash

Net media revenue in the out-of-home (OOH) industry increased 11.9% to $543.5 million in the half year compared to the same six months in 2022, according to the Outdoor Media Association (OMA).

Digital out-of-home (DOOH) revenue accounted for 68.1% of total net media revenue year-to-date, an increase over the recorded 58.7% for the same period last year. 

Previously released revenue figures have been adjusted to reflect changes in the OMA membership up to May 2023.

Half-year net media revenue category figures are provided from 2022 to capture the growth of the industry including OMA membership up to May 2023:

OMA half year to June 2022

Category figures 2023:

• Roadside Billboards (over and under 25 square metres) $236.4 million

• Roadside Other (street furniture, bus/tram externals, small format) $124.7 million

• Transport (including airports) $62.3 million

• Retail, Lifestyle and Other $120.1 million

Category figures 2022:

• Roadside Billboards (over and under 25 square metres) $ 224.5 million

• Roadside Other (street furniture, bus/tram externals, small format) $ 107.1 million

• Transport (including airports) $ 40.0 million

• Retail, Lifestyle and Other $ 114.1 million

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