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  1. The operating revenues of the private radio broadcasting sector totalled $1.6 billion in 2012, up a modest 0.3% from 2011. The majority of these revenues (98%) were from advertising.
  2. The profit margin before interest and taxes was 19.7% in 2012, up from 19.4% in 2011, with profits totalling $320 million.
  3. Ontario’s private radio broadcasters remained the most profitable in the country. Despite a small 2.2% decline in operating revenues and an even larger 3.1% decrease in operating expenses, Ontario’s private radio stations posted their best profit margin before interest and taxes in the last 12 years (24.7%).
  4. In 2012, ethnic radio stations reported the highest rate of operating revenue growth, at 4.7%, compared with 0.3% for English-language stations and -0.4% for French-language stations.
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