We use Optical Character Recognition (OCR) during our scanning and processing workflow to make the content of each page searchable. You can view the automatically generated text below as well as copy and paste individual pieces of text to quote in your own work.
Text recognition is never 100% accurate. Many parts of the scanned page may not be reflected in the OCR text output, including: images, page layout, certain fonts or handwriting.
FINANCIAL ASPECTS OF RADIO BROADCASTING (Amounts are given in dollars of the United States of America) Australia. Income increased 1 2f 0 in 1932. It was already sufficient to cover all expenses. Austria. The operating company paid an 8 f/o dividend on its stock in 1931 and income increased in 1932. Belgium. The broadcasting budget for 1933 was increased from 14,000,000 to 18,000,000 francs because of increased income in 1932. Czechoslovakia. Profits for 1933, estimated on results in 1932, will be about $ 1 , 000 , 000 . 00 . Denmark. The income increased over Q% in 1932. The accumulation of surplus is embarrassing to radio officials as the broadcasting system is fully developed and the law prohibits the use of broadcasting income for pur¬ poses other than broadcasting. Finland. The income increased 9 % in 1931 and was still.increasing in 1932. It was already ample to cover the expense and a satisfactory return on the investment. Formosa. The income increased in 1932. No deficit reported. Germany. The income decreased about 1% in 1932 because the unemployed Yrero exempted from paying license fees for radio receivers. The number of licensed receivers increased. The Government has taken over the operation of broadcasting and directly controls radio manufacturing and sales. Great Britain. I-come in 1931 was over $7,000,000.00. The Government retained about $2,625,000.00. The balance covered operating expense and a satis¬ factory return on money invested. The operating company voluntarily paid into the national treasury $1,000,000.00 from a balance put aside for future development. The income increased in 1932. Holland. Broadcasting is supported entirely by voluntary contributions. There is no advertising revenue and no license fees are charged. The surplus of income over expenses is more than $450,000.00 yearly. More than 275,000 subscribers pay for program service over wires although the same programs can be received by radio. Hungary. The income increased 6 fo in 1931-32. Income has been more than suf¬ ficient to cover expenses since 1896, when broadcasting began over tele¬ phone circuits. Iceland. The Government contributes $20,000.00 yearly to supplement the income from listeners’ license foes. This is not considered as a deficit but as a service to the citizens. India. The private operating company went bankrupt. The Government is now operating broadcasting and income is increasing.