Retransmission fee revenue for U.S. local TV stations
Total retransmission fee revenue (in U.S. dollars)
YearRevenueProjected Revenue
2006$214,600,000
2007$314,300,000
2008$502,300,000
2009$769,400,000
2010$1,259,500,000
2011$1,800,600,000
2012$2,443,300,000
2013$3,669,400,000
2014$4,928,000,000
2015$6,517,600,000
2016$8,079,500,000
2017$9,523,400,000
2018$11,062,200,000
2019$11,531,500,000
2020$12,740,600,000
2021$14,083,400,000
2022*$14,461,900,000
2023*$14,832,300,000
2024*$15,208,500,000
2025*$15,576,400,000
2026*$15,762,800,000
2027*$15,930,200,000

* 2022-2027 numbers are projections.
Note: Broadcast retransmission fees include owned and operated (O&O), affiliate station, reverse retransmissions and, starting with 2015, estimated broadcast station carriage fees from the Virtual Service Providers or vMVPDs. Numbers are updated annually.

Source: Estimates and projections by Kagan, a media research group within the TMT offering of S&P Global Market Intelligence, as of July 2022.

PEW RESEARCH CENTER