March 12, 2007

Fox News Costs and Revenues

Programming Costs Other Costs Total Costs Net Ad Revenue Subscriber Revenue* Other Revenue Total Revenue
1997 54 59 113 9 20 0.5 29.5
1998 64.8 89.4 154.2 13 45.3 1 59.3
1999 77.8 58 135.8 29.3 72.4 2 103.7
2000 138 67 205 51.2 120 4 175.2
2001 130 58 188 59.9 140 8 207.9
2002 127.4 60.3 187.7 76.1 162 9.6 247.7
2003 149.1 97.9 247 208.6 195 12 415.6
2004 184.4 132.1 316.5 257 236.4 13.2 506.6
2005 221.3 145.3 366.6 345.3 251.3 14.3 610.8
2006 (est.) 271.1 157 428 453.6 285.3 15.1 754

According to market research company Kagan Research, Fox News Channel moved into the black financially in 2000 and has seen that pattern grow ever since. While it has steadily expanded how much it has spent on gathering the news, revenues have continued to grow at an equally high pace.