Yearbook of radio and television (1957)

Record Details:

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FCC Report on Broadcast Revenues of FM Stations Item 6<r>« 1955 1954. Number of Amount Num,ber of Amount Stations ($ Millions) Stations ($ Millions) Total FM Broadcast Revenues FM Stations Operated by : AM licensees: Reporting no FM revenues 332 Reporting FM revenues 123 Non-AM licensees 38 Total FM Stations 493 — 855 — $0.9 130 $1.1 1.0 43 0.8 1.9 528 1.9 FM Stations Operated by : Non-AM licensees 38 Industry Total — Total FM Broadcast Expenses $1.4 43 $1.4 FM Stations Operated by : Non-AM licensees 38 Industry Total — FM Broadcast Income (before Federal Income Tax) (0.4) 43 (0.6) ( ) Denotes loss. (^) In view of the difficulty in a joint AM-FM operation in allocating FM operation expense separately from AM station operation expense, licensees of such stations were not required to report FM station expense separately. As a result, FM industry totals for expense and income are not available. AM-FM licensees, however, were requested to report separately the revenues, if any, attributable to FM station operation if such data were readily available. In only a few instances did AM-FM licensees state they were unable to segregate the FM revenues. 47