The radio annual (1960)

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STATISTICAL FACTS & FIGURES t INDUSTRY HIGHLIGHTS The Radio-TV industry's total revenue for 1958 was $1,553.1 million Combined Radio-TV income (before tax) 2.5% below '57 was $209.2 million Nationwide network Radio-TV revenue for 1958 $581.2 million Network Radio-TV income for 1958 $72.1 million Radio revenues for 1958 (up 1.0% ) $523.1 million Radio profits for 1958 (31.7% below) $37.3 million Total revenues of radio nets (4 national, 3 regular) $69.4 million Combined revenues 3,267 other indie AM, FM stations $453.7 million Profits of the above group (25.1 below 1957) . $40.9 million Time sales for 7 nets and 3,197 AM stations (8.0% below) $46.5 million Sale of radio time to national spot advertisers (1.4% below) $171.9 million Radio time sales to local advertisers (2.0% above) $323.2 million Of 3,197 AM stations, 1,106 or 34.6% reported loss from operation in 1958 Of 3,066 AM stations operating for full 1958 profitable operations were reported by 2,053 with the median profit being $16,000 Total TV revenues for 1958 (up 9.2%) $1,030.0 million Derived from sales of time, representing 77% $791.7 million Derived from sale of talent, programs material, 23% $238.3 million Total TV time sales (before commission to agency and reps) $951.0 million Derived from sale of network time to national advertisers, 44% . . $424.5 million Derived from non-network time sales, 36.3% $345.2 million Derived from time sales to local advertisers, 19.1% $181.3 million Total 1958 TV broadcast expense (up 9.6%) $858.1 million Total TV broadcast income (before tax) up 7.4% $171.9 million Revenues of 3 TV nets and their 19 o & o stations, up 10.4% $516.7 million ^ Total revenue of 401 post-freeze TV stations for 1958, up 24% $249.7 million VHF— 322 stations, up 19.4% $223.6 million UHF— 79 stations $26.1 million FM stations revenue for 1958 of 93 indie FM stations $2.5 million Expenses for the above group totaled $3.2 million, a loss of $0.7 million {Continued on Page 35) 33