In Brief: Cable revenue seen still rising in 2006

U.S. cable companies will rake in $33.8 billion in revenue this year, according to one study.

Monterey, Calif.-based Kagan Research said in its annual survey of the industry that the projected sum will mark a 13-percent increase from a year ago. In 2005 revenue reached $29.9 billion, up 12.7 percent from the previous year.

"The results of our study show revenue at most major cable networks has been growing at a rapid clip," said Derek Baine, senior vice president of Kagan Research. "Continuing to lead in terms of total revenue, ESPN took in $3.7 billion in 2005, $2.1 billion more than its nearest competitor. Nickelodeon, TNT, FSN, MTV and USA all topped $1 billion in revenue, while ten other networks had revenue greater than $500 million."

Copyright 2006 by United Press International


Explore further

Comcast loses cable users, but internet subscribers surge

Citation: In Brief: Cable revenue seen still rising in 2006 (2006, June 13) retrieved 19 April 2019 from https://phys.org/news/2006-06-cable-revenue.html
This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.
0 shares

Feedback to editors

User comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more