Television Station Business Plan Pdf
Starting a TV station business also needs a significant investment capital, solid planning, and concentration to detail in order to keep the business profitable.So, if you have decided to start your own TV station, then you should you carry out thorough feasibility studies and market survey. Business plan is yet another very important business document that you should not take for granted when launching your own TV station business.Below is a sample TV station business plan template that can help you to successfully write your own with little or no difficulty. A Sample Television Station Business Plan Template. Business OverviewTelevision stations operate studios and facilities that deliver audiovisual content to the public via over-the-air transmission.
How To Write A Business Plan For A Tv Show Pdf
The types of programming offered can be made by broadcasters or by affiliates that exist outside the industry.The Television Station industry is in the mature phase of its life cycle and luckily for the industry, the advent of digital media has provided an opportunity for the industry to experience vibrant growth. Of course the industry is becoming more concentrated, as seen by a few large global firms dominating the market and gaining a huge market share of the available market. Federal Communications Commission (FCC), once the primary barrier to entry into the Television Broadcasting industry, have steadily declined over the years. The marketplace for broadcast TV has changed drastically since its inception; according to market research, 17.0 percent of US households rely solely on over-the-air broadcasts for their television needs.Cable and satellite now dominate the industry, and according to eMarketer’s latest survey on digital consumption, an estimated 50.8 percent of Americans watch at least some of their TV from online services. The FCC, rather than create protectionist measures that limit new types of media from competing against major broadcasting companies, has instead welcomed this competition.The Television Stations Industry is indeed a very large industry and pretty much thriving in all parts of the world. Super trio game show. Statistics has it that in the United States of America alone, there are about 2,247 licensed and registered television stations responsible for employing about 123,318 employees and the industry rakes in a whooping sum of $56 billion annually with an annual growth rate projected at 2.7 percent. It is important to state that the establishments with lion shares of the available market in this industry are Fox, NBC Universal, Walt Disney Company and Viacom Inc.A recent report published by IBISWorld shows that over the five years to 2017, the Television Broadcasting industry struggled somewhat to attract viewers and generate advertising revenue, though industry revenue has increased.
As consumers quickly adopted mobile devices, thereby increasing their ability to subscribe to online streaming platforms, advertisers lowered their spending on broadcast television and increased their efforts on digital and online media. Over the five years to 2022, television broadcasters will respond to a shifting media environment by restructuring their business models to better integrate programming with digital platforms.TV stations cannot be phased out despite the change in visual technology approaches and the emergence of new media (YouTubes et al). It is easier for television stations to leverage on modern technology to reach out to their target market.
TV Station Business Plan – Executive SummaryAll Sports™ TV Station, Inc. Is a U.S based sports television station that will be located in Los Angeles – California. We have been able to secure a standar office facility in a central business district in Inglewood. We are a sports television station that is set to compete in the highly competitive television industry not only in the United States market, but also in the global market because our clientele base will not be restricted to just businesses and organizations in the United States but in the international market who would want to advertise on our TV station.All Sports™ TV Station, Inc. Will air live sports events from all across the United States. Our business goal is to become one of the leading sports TV station in the United States of America with high profile corporate and individual clients scattered all around the globe.Our workers are going to be selected from a pool of talented and highly creative broadcasters and media experts in and around Los Angeles – California and also from any part of the world as the business grows. We will make sure that we take all the members of our workforce through the required training that will position them to meet the expectation of the company and to compete with leading sports TV stations in the United States and of course throughout the globe.At All Sports™ TV Station, Inc., our client’s and viewers best interest will always come first, and everything we do will be guided by our values and professional ethics.
We will ensure that we hold ourselves accountable to the highest standards by meeting our client’s business needs completely.All Sports™ TV Station, Inc. Is founded by Thomson Goldberg and his friend and business partner for many years Lesly Henderson. They both graduated from University of California, Beckley with BA in Mass Communications and they have a combined experience that revolves around journalism, sports broadcasting, and business management. Our Product and servicesAll Sports™ TV Station, Inc. Was established with the aim of maximizing profits in the TV industry. We want to compete favorably with leading sports television stations in the United States and of course throughout the globe which is why we have but in place a competent team that will ensure that we meet and even surpass our customers’ expectations.We will work hard to ensure that All Sports™ TV Station, Inc. Does not just air sports events in the United States of America, but also in other parts of the world.