So In 2019, SCA TV division had $210m in revenue.
Let’s exclude 20% of that for Tasmania, SA and NT and say 80% or $168m came from the Nine affiliates in QLD ACT NSW and VIC.
SCA pays Nine 50%. Which is their fee for all programming, marketing, PR and Promo across 4 channels.
So that’s $84m
The 3 SCA bulletins are rumored to cost about $2 million each. So that’s $6m a year. Meaning the split is about
$6m spent on local news programming
$78m spent on other programming, promo and marketing costs
SCA keeps about $84 million themselves.
SCA is in effect spending less than 4% of revenue on producing local news for the communities they serve.