- Language: English
- 11 Pages
- Published: January 2014
- Region: Hungary
TV Broadcast & Cable Networks in the US
- Published: April 2014
- Region: United States
- 10 pages
- First Research
Brief Excerpt from Industry Overview Chapter:
Companies in this industry broadcast television programs for free to the public and for cable subscribers. In the US, major broadcast TV networks are ABC, CBS, Fox, and NBC, while leading TV cable networks include ESPN, the Fox News Channel, and USA Network. Leading international companies include Germany-based Bertelsmann, Japan's Nippon Hoso Kyokai, and the UK-based British Broadcasting Corporation (BBC).
Global TV broadcast and cable network industry revenues total about $390 billion, according to UK communications regulator Ofcom. Indonesia and Kenya are rapidly-growing TV markets, according to PricewaterhouseCoopers.
In the US the TV broadcast and cable network industry includes more than 1,300 companies with combined annual revenue of about $97 billion. Key growth drivers include new distribution methods and revenue streams from digital platforms.
Business advertising, program popularity, and consumer demographics drive demand. The profitability of individual companies depends on advertising volume, programming mix, and efficient operations. Large companies have advantages of market dominance, often owning the only TV stations in a geographic area. Small companies can compete effectively with special programming that attracts a targeted audience. The US industry is highly concentrated: the top 50 companies account for about 90 percent of revenue.
The US industry includes about 900 broadcast TV firms and more than 400 cable/subscription firms. Broadcast TV accounts for about 40 percent of industry revenue; cable TV accounts for about 60 percent. The industry doesn't include companies that broadcast primarily on the Internet, produce... SHOW LESS READ MORE >
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