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AAP
AAP
Derek Rose

KIIS radio owner expects double-digit revenue decline

Advertising revenue has fallen sharply on radio, including KIIS, host of the Kyle and Jackie show. (Tracey Nearmy/AAP PHOTOS)

Australia's advertising market has experienced "significant softness" in recent months, the parent company of the KIIS and Gold radio networks says.

ARN Media said Wednesday that broader economic uncertainty and cautious client sentiment were weighing on advertising spending across the industry.

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