While moving my site over to the WordPress platform, I had several trips down memory lane regarding past stories I’ve told. One of them, published 10 years ago this month, broke down just how lucrative it is to run a religious broadcast syndicate.
Back then, the explosion in FM translators was a relatively new development, and the millions of dollars harvested unethically from the public airwaves was yet but a pipe dream in many minds.
Even so, in 2004 salaries for religious broadcast executives were pretty damn lucrative, ranging from $117,000 to $250,000 per year. How have those numbers changed over the course of a decade, with the windfall of FM translators extending their business-models? Turns out it’s been a rocket ride (data courtesy of Charity Navigator). Continue reading “Religious Broadcast Executive Pay: 10 Years Later”
Tag: american family association
God Squads Fall From Grace
Thanks to curious loopholes in the FCC’s FM licensing rules, several religious broadcast companies have created national networks on the cheap using low-power, mostly-automated FM transmitters. Using their intimate familiarity with FCC bureaucracy, these companies also engage in spectrum hoarding and speculation.
The practice of spectrum speculation is nothing new, it’s a kind of side-industry in the broadcast business. Although they very seldom actually build a radio station, speculators apply for and acquire radio station construction permits and then sell them to the highest bidder. Channel spaces on the FM dial are a finite commodity – where supply is low and demand high a savvy speculator can make quite a bit of money if they have permits to build radio stations in growing markets. Continue reading “God Squads Fall From Grace”