516120 - Television Broadcasting Stations
In the dynamic world of media and entertainment, understanding the classification of businesses is essentialâespecially for companies looking to partner with the government or expand their market. NAICS Code 516120, titled Television Broadcasting Stations, plays a vital role in identifying establishments engaged in the broadcast television industry. Whether you are a local station, network affiliate, or independent broadcaster, this classification defines your place within the Information sector and outlines standards critical for contracts and growth.
What is NAICS Code 516120?
NAICS Code 516120 specifically covers establishments primarily engaged in broadcasting television programs on a predetermined schedule. These stations might create and air their own original content or retransmit programs sourced from networks or other producers. The code provides a framework for categorizing businesses that operate television broadcasting stations.
Sector and Business Activities
This industry falls under the Information sector, a broad category encompassing various media and content distribution channels. Businesses under NAICS 516120 typically engage in the following activities:
- Broadcasting scheduled television programs to the public
- Operating local television stations serving specific regions or communities
- Functioning as network television affiliates, airing content provided by national networks
- Running independent television broadcasting stations that produce or syndicate original or acquired programming
Size Standard for NAICS 516120
For government contracting and eligibility purposes, the small business size standard for this industry is set at $47 million in average annual receipts. Companies with revenue below this threshold may qualify for small business programs, including federal contracting preferences.
Examples of Businesses Under NAICS 516120
- Local Television Stations operating within cities or regions
- Network Television Affiliates like ABC, CBS, NBC affiliates transmitting network programming alongside local content
- Independent Television Broadcasters who produce and air unique content without network affiliations
These examples illustrate the spectrum of businesses within the Television Broadcasting Stations category.
NAICS Code 516120 - Key Details
NAICS Code | Title | Sector | Description | Typical Business Types | Size Standard |
---|---|---|---|---|---|
516120 | Television Broadcasting Stations | Information | Establishments primarily engaged in broadcasting television programs on a predetermined schedule. | Local TV stations, Network affiliates, Independent broadcasters | $47 million in average annual receipts |
Frequently Asked Questions (FAQ)
What businesses fall under NAICS code 516120?
Businesses primarily focused on broadcasting scheduled television programs, including local TV stations, network affiliates, and independent broadcasters.
How is the size standard for NAICS 516120 defined?
The small business size standard for this code is $47 million in average annual receipts.
Does NAICS 516120 include cable TV providers?
No, cable providers fall under a different NAICS code. 516120 is specifically for television broadcasting stations.
Can a television station that only retransmits content be classified under this NAICS code?
Yes, as long as the station broadcasts on a predetermined schedule, whether producing original content or retransmitting.
Why is understanding NAICS codes important for television broadcasters?
NAICS codes are critical for classification in government contracting, market analysis, and regulatory compliance, helping broadcasters identify eligibility and opportunities.
Conclusion
NAICS Code 516120 - Television Broadcasting Stations plays a fundamental role in categorizing and defining television broadcasters within the Information sector. By understanding this classification, businesses can better position themselves for growth, government contracting, and strategic partnerships. Whether you're a local station or an independent broadcaster, knowing your NAICS code helps pave the way toward success in the competitive television industry.
Start leveraging the power of NAICS Code 516120 todayâfirmly establish your business within the television broadcasting framework.