#OOH Full Year 2023 Results From @OMA_Australia

Tristan Cotterill

The Australian Out of Home industry has 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.


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