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Big 3 TV nets see revenue drop
That's according to Broadcast Cable Financial Management (BCFM), which tallies revenues for the network TV business. Q1 revenues for ABC, CBS and NBC combined were down 2.07% in Q1 to 2.88 billion. However, note that Fox does not participate in the BCFM revenue gathering, and it had the Super Bowl this year. Thus, sports revenues for the big three dropped 21.35% to 545 million. "While not having the Super Bowl on one of the three networks is a major factor affection results for 2005 when compared with 2004, results in the sports category are also down when compared with earlier years. All other categories gained over a two-year period," said Mary Collins, President and CEO of BCFM.
Q1 Television Network Net Revenues
(ABC, CBS & NBC) -- $ in thousands
Category
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2004
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2005
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Change
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Primetime
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$1,526,762
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$1,587,588
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3.98%
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Daytime
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$217,124
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$210,919
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-2.86%
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Sports
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$692,850
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$544,919
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-21.35%
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News
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$129,184
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$145,242
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12.43%
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Total
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$2,944,744
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$2,883,775
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-2.07%
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Note: Total also includes Late Night, A.M. & Children revenues
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Source: BCFM
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