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Continued from page 82 Angeles-Long Beach third with $21.1 million.
Revenues in the top 25 markets were all down except in these cases:
They were up in Los Angeles-Long Beach (by $1.4 million), Denver (by $1 million) and Washington (by $100,000). Kansas City retained the same sales picture as in the previous year.
Fm Still in Red ■ Total revenues for all fm stations were $10 million. Of this, $7.1 million was taken by fmonly stations not affiliated with a sister am station; $2.9 million by adjuncts to am stations.
The independent fm broadcaster's revenues were up $1.3 million from the 1960 figures. But expenses for independent fm operators ran $9.7 million, up $1.5 million from 1960.
Thus, independent fm broadcasters suffered a loss of $2.6 million in 1961, compared with a loss of $2.4 million in the previous year.
As of Dec. 31, 1961, there were 3,507 am radio stations in operation for the full year and 147 in operation for part of the year. This makes a total of 3,654 am radio stations including the part-year operators.
In fm, there were 938 commercial fm stations in operation. Of these, 689 are owned by am licensees.
To; DAREN F. McGAVREN
82 (SPECIAL REPORT: RADIO FINANCIAL FIGURES) BROADCASTING, December 10, 1962
BROADCAST REVENUES, EXPENSES AND INCOME OF NETWORKS AND RADIO* AND TELEVISION BROADCAST SERVICES
STATIONS OF
1960-61
(In millions of dollars)
Service
1961
1960
Total Broadcast Revenues
Percent Change 1960-61
Radio Television
$590.7 1,318.3
$597.7 1,268.6
(1.2) 3.9
Industry Total
$1,909.0
$1,866.3 Total Broadcast Expenses
2.3
Radio Television
$561.3 1,081.3
$551.8 1,024.5
1.7 5.5
Industry Total
$1,642.6
$1,576.3
4.2
Broadcast
Income (before Federal Income Tax)
Radio Television
$29.4 237.0
$45.9 244.1
(35.9) (2.9)
Industry Total
$266.4
$290.0
(8.1)
( ) Denotes decrease.
1 Includes am and fm broadcasting.
NOTE: 1961 radio data cover the operations of 4 nationwide networks, 3,610 am and am-fm and 249 independent fm stations. Excluded are 44 am and am-fm stations and 16 independent fm stations whose reports were filed too late for tabulation. 1960 data are for 4 nationwide networks, 3,470 am and am-fm and 218 independent fm stations.
1960 tv data cover the operations of 3 networks and 530 stations.
1961 tv data cover the operations of 3 networks and 540 stations.