Broadcast stations are seeing rising profit margins -- now up to 35% in the first quarter of 2009 -- across a range of publicly traded TV groups. This is an 11-point gain in profit margin -- with its ratio of earnings before interest, taxes, depreciation and amortization (EBITDA) to revenue. These results are from New York-based media investment banker M.C. Alcamo & Co.
Last fall, Alcamo said the broadcasting industry will continue to outpace the rest of the economy as a whole -- growing at a 6.0% revenue clip this year -- against an estimated 2.8% for the U.S. gross domestic product.
Next year, things will ramp up for stations, with a 11% to 15% revenue hike -- against an expected GDP growth rate of between 3.8% and 5.0%.
Read more at Media Post.
