Measuring "the dimensions of radio and television," Broadcasting magazine reported that:
¶There are now 530 television stations in the U.S. (35 noncommercial and educational), 3,823 radio stations (552 of them FM).
¶All stations and networks together have 86,348 employees on their payrolls, which total $527 million.
¶TV in 1957 sold $726.3 million worth of air time, radio $516 million. ¶Forty-three million U.S. homes have TV sets (turned on an average 5 hr. 56 min. per day); 48.9 million homes have radios (turned on 1 hr. 56 min. per day)....