Media Supply and Demand

Abstract
Low entry-level pay in TV news is related to an oversupply of job applicants. Radio, with fewer applicants, now pays beginners with journalism degrees higher than does TV. Working in television news has become too popular for the good of entry-level pay. The average pay for beginners and many others in TV news is unprofessionally low. For years, entry-level pay in television has been the lowest of all mass media-related job fields. It has not quite kept up with the cost of living.
Media
Supply and Demand
New college graduates will earn less in TV news than in radio news, where p…