Australian Broadcasting
Annual Report i HE annual report of the Australian Postmaster-General’s Department shows how the wireless revenue derived ae
from license fees and other sources during the 1930-81 financial year was spent. ‘The department’s share of license revenue was £149,364, but the wireless branch's total income was £150,253, which was disbursed in the following ‘way :-Upkeep and operation of broadcasting stations, £82,552; upkeep and operation of broadcasting studios, £23,749; supervision and cost
of issuing licenses, £29,610; telephone circuit for broadcasting purposes, £13,726; depreciation, £9072; superannuation liability and pensions, £2118; interest and exchange on capital cost of equipment, £4278. This made a total of £115,105, which left a surplus of £35,148, which, together with the surplus on the postal branch went to reduce the aggregate
losses of ‘the telephone and telegraph branches. The capital cost of the plant and buildings of the wireless branch at the end of the financial year was £128,550, £48,08ST having been added during the year, Expressed in terms of licenses it is found that the cost of upkeep of stations is about 1/114d. a license, and of studios 1/5, a total of 3/44. ‘The expenses of supervision and collecting the fees are about 1/94 a license (1/- is allowed for this), telephone circuits cost 10d., and other expenses (depreciation, interest, etc.), absorbed 11d., leaving a surplus of about 2/14 a license. There are plenty of ways in which this surplus could be used for improying the service, states the "Sydney Morning Herald." Apart from the reconstruction of some ‘of the older stations there are opportunities for a relay station in Western Australia, or on the fur north coast of New South Walss, and the provision of permanent laid line facilities from Sytiney to 2CO. Further information concerning the allocation of ‘revenue derived from the license fees is given in the report of the Auditor-General for the financial year ended June 30; 1931. At the beginning of the period under review: the Post-master-General held in trust the sum of £102,179, which was later paid, as earned, to the Australian Broadcasting Company for the supply of programmes, and to Amalgamated Wireless (Australasia), Limited, for patent royalties. A further sum of £397,308 (an inerease of about £24,000) was collected during the year from listeners and experimenters, making a gross total of £499,482 available for distribution, and this was dealt with in the following man-ner:-Payment to Tasmanian Broad. — casters Pty., Ltd. (license expired December 13, 1980), £3184; patent royalties (to A.W.A.), £49,365; Australian Broadcasting Co. Ltd., £186,949; P.M.G.’s Department (proportion of license fees), £148,364; balance held in trust to be paid to the A.B.C. and A.W.A., as earned, £111,67 During 1929-80 the Postmaster-Gen-eral received £173,418 (£25,000 more than in 1930-81), and a sum of about £70,000 was available for benefit of consolidated revenue. What the Post-master-General’s surplus was last year has not been announced, but it was probably not much less than £40,000. The payments to the A.B.C. (£186,949) were £28,667 greater than in the year 1929-30, and the company's accounts showed a profit of £6021, «as against a previous loss of £4896, which, however, in the opinion of the AuditorGeneral, could not be considered as a true loss when the composition of the company and the fact that £12.500_was allocated to outside broadcasting riNnts from Fullers’ Theatres, Ltd., and Ussion Theatres, Ltd., were taken into consideration. , , During 1930-31, at the instance of the Postmaster-General’s Department, the payments at the rate of £5000 a year by the A.B.C. to Fullers’ Theatres, Ltd., for broadcasting rights were discontiniied. No variation was made in the payments at the rate of £7500 a year to Union Theatres, Ltd. No information is given as to the payments made’ by the A.B.C. for various services, but is reasonable to assume that’ the profit of £6021 has been arrived at after charging all directors’ fees, copyright payments, broadcasting rights, ete.,, against revenue, The amount paid to the Performing Rights Association was probably £80,000,
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https://paperspast.natlib.govt.nz/periodicals/RADREC19320415.2.3
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Radio Record, Volume V, Issue 40, 15 April 1932, Unnumbered Page
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658Australian Broadcasting Radio Record, Volume V, Issue 40, 15 April 1932, Unnumbered Page
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