ERISAT – Eritrean Satellite Television
ERISAT is a Los Angeles-based satellite television network dedicated to providing reliable, unbiased news and entertainment to Eritrean communities worldwide. Founded by Saba Kidane Heritage, ERISAT’s mission is to inform, engage, entertain, and empower Eritrean diaspora through diverse programming in Afar, Arabic, Blin, and Tigrinya languages.
Programming and Expansion
ERISAT offers a variety of programs catering to different interests within the Eritrean community. As of 2022, the network has expanded its broadcast services to Eritrea in five languages, reaching a wide audience and fostering connections across borders.
Revenue and Assets
ERISAT’s revenue has been steadily increasing over the years, reflecting the growing demand for its services. In 2022, the total revenue was $304,407, with significant contributions from YouTube subscriptions and membership fees. As of 2022, the net assets stand at $265,041, demonstrating the organization’s financial stability and success in building its platform.
Financial History
- 2022: Total revenue of $304,407; net assets of $265,041. YouTube subscriptions $60,642; membership fees $31,358.
- 2021: Total revenue of $267,044; net assets of $201,171. YouTube subscriptions $76,559; membership fees $47,302.
- 2020: Total revenue of $130,489; net assets of $96,769. YouTube subscriptions $55,545; membership fees $52,063.
- 2019: Total revenue of $75,607; net assets of $-33,421.
ERISAT’s Growth and Impact
ERISAT’s expansion and increasing revenue demonstrate its growing influence and relevance within the Eritrean community. By providing trusted, diverse programming in multiple languages, ERISAT empowers Eritreans to stay informed, connected, and engaged with their heritage.
For more detailed financial information, please refer to the balance sheet statements provided for ERISAT.