Pew Research

Buying Local TV Stations Proved Popular in 2014

Dec 24, 2014  •  Post A Comment

From January through November of 2014, 171 TV stations were sold at a total price of $5 billion, as the rush to buy local TV stations remained strong this year, reports Pew Research.

The sales follow a strong year for local TV station purchases in 2013, when about 300 stations changed hands at a price of $8 billion. After the transactions during the past two years, the country has 589 stations owned by only 12 companies, compared with 304 a decade ago, the story says.

“One factor that has driven the interest of media companies in making big investments in local television is political ad spending, which after the Supreme Court’s Citizens United ruling seems to guarantee windfalls to local TV stations in even-numbered years,” Pew notes.

One Comment

  1. Nope. You completely missed this story. SELLING local TV stations was popular in 2014. TV stations will be extinct within 10 years. Everybody knows this.

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