Radio News Budgets Flat, Website Profits Down
June the 1st, 2015
While local TV newsrooms are growing and turning profits, research from the Radio Television Digital News Association (RTDNA) says the same is not true for radio. More than 60% of television newsrooms report profitable operations, just short of the record in 2013.
But at radio just over 13% report profits from local newsrooms, up slightly from last year’s low of 12.5%.
Meanwhile, just under half of TV newsrooms reported budget increases this year, while most radio news budgets stayed flat.
Additionally, RTDNA reports that the profitability of television websites continues to grow, while “radio station website profits are shrinking, particularly in larger markets.
See more numbers on this topic and get additional insights from the RTDNA’s latest newsroom survey HERE.