Yearbook of radio and television (1964)

Record Details:

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Revenues, Expenses & Income Of AM FM RaJm Stations (In Millions of Dollars) — 1961-1962 — Item 1962 Number of Stations Amount 1961 Number of stations Amount Total FM Broadcast Revenues FM stations operated by: AM licensees: Reporting no FM revenues 306 — 405 — Reporting FM revenues . 408 $4.6 284 $2.9 Non-AM licensees 279 9.3* 249 7.1 Total FM stations 993 $13.9 938 $10.0 FM Broadcast Expenses FM stations operated by: Non-AM licensees 279 $12.5 249 $9.7 FM Broadcast Income (before Federal income tax) FM stations operated by: Non-AM licensees 279 ($3.2) 249 ($2.6) FM Stations Operated by Non-AM Licensees Reporting Profit & Loss — 1958-1962 — Total Number Number Number Reporting Reporting Year Reporting Profit Loss 1962 279 71 208 1961 , 249 59 190 1960 .... .......................... 218 50 168 1959 148 38 110 1958 93 25 68 ( ) Denotes loss. (*) Of this amount $1.4 million was reported as incidental broadcast revenues including revenues from providing functional music or other special services. NOTE: 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 I'eport 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. •Source: FCC. 444