After this year’s record 17% drop in TV station revenue, to about $17.6 billion, the market will rebound in 2010, with local station revenue increasing 5.2%, to $18.5 billion, projects a new SNL Kagan study, says The Hollywood Reporter.

The study predicts that over a 10-year period, TV station revenue will compile a compound annual decline of 3.5%.

–Elizabeth Jensen