I agree. Total 6 month revenue for free to air was 1.7b at last count. Say that is 3.4b annually, on a 10% profit margin that is 340m p/a between all three.
TEN need to lift their share from 25% though.
The final figures released by Free TV Australia showed national revenue for the three networks was $1.7 billion in the January to June period last year, a 4.3 per cent decline. At the time, Seven enjoyed a 39 per cent market share, Nine 35 per cent and Ten had 25 per cent of the advertising market.