Bia KelseyBIA/Kelsey just released its annual list of the Top Ten Highest Revenue Radio Stations for 2015 — a quick glance at the list indicates that iHeartMedia owns five of the Top 10; CBS Radio owns four, and while Hubbard Radio owns just one, it’s the big one perched on top of the pyramid — we’re talking about News/Talk giant WTOP/Washington, which regains the top spot for 2015, generating $65 million. Last year’s leader, iHeartMedia Top 40 KIIS-FM/Los Angeles takes the No. 2 spot with $64.7 million.

Music MoneyThe rest of the list looks like this — 3) iHeartMedia Top 40 WHTZ (Z100)/New York, $48.8 million; 4): CBS Radio Sports/Talk WFAN/New York, $47 million; 5) CBS Radio News WCBS-AM/New York, $45 million; 6) CBS Radio News WBBM-AM/Chicago, $43.8 million; 7) iHeartMedia Hot AC KBIG/Los Angeles, $43.6 million; iHeartMedia AC WLTW/New York, $40 million; CBS Radio News WINS-AM/New York, $39.5 million, and returning to the Top 10 after a two-year absence, please welcome back iHeartMedia News/Talk KFI-AM/Los Angeles, CA, grabbing the 10th spot with $37.8 million in revenue. In 2015, U.S. over-the-air (OTA) radio revenues were $14 billion, with online generating $710 million. BIA/Kelsey forecasts both sources of radio income to continue growing at a slight pace over the next few years, reaching $15.9 billion overall in 2020.

“Despite declining OTA revenues, radio remains an important part of the local marketing mix, as the fourth largest local media segment, with more than 10 percent of the local ad revenue pie,” said Mark Fratrik, SVP and Chief Economist, BIA/Kelsey. “We do expect a slight bump in overall U.S. radio revenues this year, boosted by political spending and double-digit increases in online revenues.”

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