March 12, 2007

Cable News Profitability

CNN Fox MSNBC
1997 277.4 -83.5 -60
1998 277.7 -94.9 -57.5
1999 287.8 -32.1 -18.2
2000 347 -29.8 -5
2001 380.9 19.9 -0.3
2002 304.1 93.7 -15.5
2003 328.2 168.6 -9.8
2004 238.2 180.2 0.6
2005 272.2 244.2 12.6
2006 (est.) 310.1 326 63.6

While CNN remains the leader in profits in cable news, Fox is rapidly closing the gap and estimates for 2006 see it overtaking CNN. MSNBC, too, is expected to make profits but these estimates were released before all the larger changes at NBC.