Both TV and print news rely on a combination of advertising and subscribers.
For TV news like CNN or FoxNews, they get monthly subscriber fees from cable providers. They also make money from selling the commercial spots that run during broadcasts. Local channel news makes money from advertising.
Newspapers make money from ads and print/online subscribers. newspapers used to make most of their profits from advertising like jobs and for-sale classifieds and the circular inserts… in fact they lost money on the subscriptions (cost more to print and deliver a paper daily that they charged) just to have a large customer base for advertisers to reach. The loss of much of that revenue as news has shifted from print to online has hurt newspapers, hence the huge cutbacks in newsrooms in the recent 15-20 years, but especially past 10.
It depends what you mean by the news.
There is print media, which makes money from advertising and sales
There is cable tv, which also makes money from advertising and sales (cable isn’t free)
There are companies like ABC, NBC, CBS, Fox, which sell their content to for profit tv channels.
Those same tv channels tend to produce their own local news segment. All of these channels revenues come from advertising.
There are also groups like PBS, which is a non profit, and produce content for non profit tv channels
(Note: im not an expert and not 100% confident in this answer)
I’ll touch on TV news since I worked in for a bit.
Take your local news station on their 5 o’clock news. It runs 30 minutes with 4-5 breaks for commercials which each run two minutes in length.
That’s 20 minutes of news with 10 minutes of commercials. Break it down to :30 second commercials and we have TWENTY commercials (which is probably a ton of car dealerships and injury lawyer spots).
Hypothetically let’s pretend those commercials run $500 each to run. That’s $10,000 in a 30 minute newscast and that’s just the commercials. Lots of tv stations get businesses to sponsor segments or their forecasts, etc.
Now look at how many news casts there are in a day: The morning, noon, 4, 5, 6 and usually a 10 or 11pm. Now we’re looking at about 50k a day in nothing but COMMERCIALS and that’s just from the newscasts!
In a year? That’s over 18 million.
Depending on the market size (like Los Angeles vs a tiny town in Iowa) and how the station ranks in their ratings will affect how much they charge. If you’re the #1 station and every one is dying to advertise during your newscast, you can ‘bump’ another commercial out because you’re willing to pay more (think: ELECTION YEARS).
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