NAB: Broadcasters Raised Record $10.3 Billion In 2005
June 12, 2006 at 9:09 AM (PT)
NAB announced that local radio and TV stations generated a record $10.3 billion in public service in 2005 through PSAs and money raised for charity and disaster relief for victims of HURRICANE KATRINA and SOUTHEAST ASIA TSUNAMI RELIEF. The $10.3 billion figure exceeds the $9.9 billion in public service generated by broadcasters in 2001.
The results of NAB's fifth industry census of community service will be announced this evening (6/12) at the NAB EDUCATION FOUNDATION's 8th Annual SERVICE TO AMERICA AWARDS, where local radio and TV stations are honored for exemplary public service.
NAB President & CEO DAVID REHR said, "This year's survey affirms the longstanding fact that local over-the-air radio and television stations are collectively the number one provider of public service in America. Whether it's donating airtime for valuable public service announcements or raising money for charity and disaster relief, local broadcasters nationwide can be proud of the tremendous contributions they make in their communities everyday."