CPB analysis shows overall growth in station revenue despite drop for radio
Public media stations saw a year-over-year increase in revenue in fiscal year 2024 driven by TV and larger stations, according to CPB data shared during a Wednesday session at the Public Media Business Association Conference.
“It seems like we are kind of over that pandemic hump as we look at things kind of evening out again,” said CPB COO Kathy Merritt. During the pandemic, stations saw “big volatility,” Merritt said.
Related Knowledge Center: State of the business model
The traditional journalism business model has long since collapsed, and news organizations have shrunk or disappeared entirely. While a number of promising experiments are under way, the public has not shown a willingness to buy what news organizations are selling.