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Communications Industry Operating Income Margins (%)

INDUSTRY SEGMENTS '99 - '03
Compound Annual
Growth (%)
1999 2000 2001 2002 2003 '99 vs. '03
Margins Change
(± % Points)
Broadcast Television 8.4 17.6 19.8 16.0 17.3 19.3 1.7
Television Network Companies 9.7 14.4 16.8 14.8 14.3 16.7 2.3
Television Station Broadcasters 6.1 27.3 28.4 19.6 26.4 27.1 -0.2
Cable & Satellite Television NC -0.1 -4.3 -12.4 -12.6 11.1 11.2
Cable & Satellite Providers NC -5.3 -5.7 -16.6 -22.7 10.9 16.3
Cable & Satellite Networks 11.2 13.0 -0.3 1.4 21.5 11.5 -1.5
Radio Broadcasting 26.4 22.6 16.0 4.0 35.2 35.4 12.8
Entertainment 16.4 6.5 4.5 4.1 6.2 8.7 2.2
Filmed Entertainment 43.2 3.9 3.9 5.1 8.7 10.6 6.7
Recorded Music NC 4.1 0.3 -4.1 -11.5 -5.2 -9.3
Video Games -0.7 19.4 12.2 10.1 14.9 15.1 -4.4
Consumer Internet NC -9.2 8.6 -5.1 2.8 8.7 17.9
Internet Content Providers NC -119.8 -109.4 -386.2 -96.7 -12.1 107.7
Search Engines/Portals NC -5.6 8.1 -27.0 19.1 23.1 28.7
Internet Service Providers NC -3.6 16.7 17.5 5.1 5.8 9.4
Newspaper Publishing 0.2 22.0 21.3 16.8 21.3 21.4 -0.6
Consumer Book Publishing 14.6 10.9 13.4 12.8 13.0 12.3 1.4
Consumer Magazine Publishing 22.7 4.9 -0.2 -10.0 8.2 9.9 5.0
B2B Media 7.4 8.7 15.2 8.7 6.9 13.2 4.4


Sources: 2004 Veronis Suhler Stevenson Communications Industry Report

Veronis Suhler Stevenson is no longer updating the data in this page.

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