The TV news industry has faced a challenging year. The latest RTDNA/Newhouse School at Syracuse University Survey reveals a nearly six-point decline in TV news profitability, coupled with a 4% increase in losses. However, next year's statistics may reflect the impact of it being an election year.
Overall profitability in 1996 reached 72%, the highest level recorded in 30 years of conducting the survey. The missing percentages represent non-commercial stations. If recalculated to exclude the effect of nonprofit newsrooms, the profitability percentage increases to 53.3%. Among news directors who know whether the news department is profitable (excluding the “don’t know” and “nonprofit” groups), 81.3% report that the newsroom is profitable. These are strong numbers, but still down 6% from the previous year.
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