| | |
| Formerly | Texas Student Publications, Inc. |
|---|---|
| Industry | Publishing, Broadcast media |
| Founded | 1921 [1] |
| Headquarters | Austin, Texas |
| Products | Newspapers, Magazines, Radio stations, Television stations |
| $2.3 million | |
| Parent | University of Texas at Austin |
| Website | texasstudentmedia |
Texas Student Media (TSM) is an auxiliary enterprise of the University of Texas at Austin (UT) and the largest student media operation in the United States, serving more than 53,000 students and 20,000 employees. [2] [3] Each year, more than 1,500 students and 15 professional staff members contribute to TSM. [4]
In the late 2000s and early 2010s, TSM was under severe financial constraints, and in 2015, funding of up to $250,000 a year was allocated to cover anticipated deficits. [5] Since then, TSM has been in much stronger financial shape. For the first half of fiscal year 2024-25, TSM reported a net income of $273,848 and total equity amounting to more than $2 million. [6]
UT's first publication was the Cactus Yearbook, established in 1894; [1] followed in 1900 by the weekly Texan (which evolved into The Daily Texan in 1913). In 1902, the Student Association was formed, partly to oversee UT student publications. In 1921, as more publications emerged, Texas Student Publications, Inc. (TSP) was formed. [1] Over the years the organization oversaw a number of UT publications:
The Texas Ranger, The Riata, and Texas Engineering and Science Magazine were all cancelled in January 1972 by the TSP Board [10] because they were being published with more liabilities than assets.
In 2002, reflecting its increasing engagement with broadcast media, the organization changed its name to Texas Student Media. [1]
The Daily Texan is the most significant of TSM's properties. With a daily print circulation of 14,600 copies and an online presence that reaches an average of 10,600 visitors per day, The Daily Texan is the centerpiece of what has become a $2.3 million multimedia operation. [11]
The following is a comprehensive list of Texas Student Media properties: [12]
A joint student-faculty Board of Operating Trustees sets policy and oversees the operation of student media on behalf of the University of Texas System Board of Regents. The Board also appoints the Director of Student Media, who oversees the daily business functions of TSM. The Director serves renewable annual terms. The Board of Operating Trustees is composed of three faculty members appointed to two year terms by the UT President, two outside media professionals appointed to two year terms by the UT President, and six students elected by the general student body to two year terms.
This section needs to be updated.(October 2022) |
Texas Student Media (TSM) is the largest student media enterprise in the country, with an annual budget of $1.8 million.