Television Broadcasting Stations: capital spending and supply chain
SIC 4833 · 9 companies with filed cash-flow statements
Capital spending, 12 months$1.2B
Operating cash flow$8.0B
Capex / cash flow16%
Capex / revenue2.7%
Top 3 share68%
Analysis
9 companies in Television Broadcasting Stations (SIC 4833) spent $1.2B on capital projects over their latest twelve months, 16% of the $8.0B their operations generated; the three largest spenders — FOXA, FWONA, NXST — account for 68%.
Capital spending is 2.7% of the industry's $45.6B of annual revenue.
By the industry's asset mix most of it goes to equipment (46%); about $546M is imported.
The largest supplier of that spending is software publishers ($108M).
Its largest supplying industries, by the input-output tables: cable and other subscription programming ($10.7B), radio and television broadcasting ($8.2B), spectator sports ($2.9B).
Charts
Filed cash-flow statements (SEC XBRL).Capital spending × the industry’s asset mix (BEA fixed assets): grade C, an industry average applied to filed figures.BEA fixed assets: investment by asset type → supplying industry. Estimates (grade C).Purchased inputs × the industry’s input mix (BEA Use table), US part: grade C.The companies’ cash-flow statements, latest four quarters or fiscal year: every figure filed (grade A).
Evidence grades: A filed figure · B computed from filed figures · C industry average (BEA input-output and fixed-asset tables) applied to filed figures. Estimates are not the companies’ own records. Not investment advice.