Sesame Street will do just fine without government funding. (Romney’s suggestion during the debate)
Shows like Sesame Street are multi-million dollar enterprises capable of thriving in the private market. According to the 990 tax form all nonprofits are required to file, Sesame Workshop President and CEO Gary Knell received $956,513 -- nearly a million dollars -- in compensation in 2008. And, from 2003 to 2006, "Sesame Street" made more than $211 million from toy and consumer product sales.
If you break that down, it works out to over $50 million a year "Sesame Street" is taking in from all that merchandising.
http://www.breitbart.com/Big-Hollywood/2012/10/04/Big-Bird-Richer-Than-Romney
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bird seed! Big Bird does not know where his next seed is coming from and Romney doesn't know how much seed he has
The executives at the Corporation for Public Broadcasting (CPB), which distributes the taxpayer money allocated for public broadcasting to other stations, are also generously compensated. According to CPB's 2009 tax forms, President and CEO Patricia de Stacy Harrison received $298,884 in reportable compensation and another $70,630 in other compensation from the organization and related organizations that year. That's practically a pittance compared to Kevin Klose, president emeritus of NPR, who received more than $1.2 million in compensation, according to the tax forms the nonprofit filed in 2009.
As Congress considers ways to close the $1.6 trillion deficit, cutting funding for the CPB has even been proposed by President Obama's bipartisan deficit reduction commission. Instead, Mr. Obama wants to increase CPB's funding to $451 million in his latest budget.
Meanwhile, highly successful, brand-name public programs like Sesame Street make millions on their own. "Sesame Street," for example, made more than $211 million from toy and consumer product sales from 2003-2006. Sesame Workshop President and CEO Gary Knell received $956,513 in compensation in 2008. With earnings like that, Big Bird doesn't need the taxpayers to help him compete against the Nickleodeon cable channel's Dora the Explorer.
http://online.wsj.com/article/SB10001424052748703559604576176663789314074.html
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