While moving my site over to the WordPress platform, I had several trips down memory lane regarding past stories I’ve told. One of them, published 10 years ago this month, broke down just how lucrative it is to run a religious broadcast syndicate.
Back then, the explosion in FM translators was a relatively new development, and the millions of dollars harvested unethically from the public airwaves was yet but a pipe dream in many minds.
Even so, in 2004 salaries for religious broadcast executives were pretty damn lucrative, ranging from $117,000 to $250,000 per year. How have those numbers changed over the course of a decade, with the windfall of FM translators extending their business-models? Turns out it’s been a rocket ride (data courtesy of Charity Navigator).
The bottom line is that the prosperity gospel is very good for business.[table id=1 /]