March 12, 2007

Average Station Revenue Growth

Nominal Inflation Adjusted
1996 7 4
1997 3 1
1998 6 5
1999 1 -1
2000 8 4
2001 -14 -14.2
2002 10.1 10.1
2003 -2.1 -2.1
2004 10.3 10.3
2005 -8.1 -8.1

While enormously profitable, the local TV news business is still sensitive to cycles in the economy.