More TV Stations Sold in 2017: BIA/Kelsey

By Jon Lafayette
published

The number of TV stations sold rose in 2017, but the value of those deals fell, according to a new report from BIA/Kelsey.

A total of 107 TV stations were sold in 2017, compared with 97 the prior year. Nine of those station deals came in December.

The value of the TV station deals was $4.68 billion, down from $5.28 billion in 2016, BIA/Kelsey said.

Related: Tegna to Buy Two Midwest Television Inc. Stations for $325M

For 2018, BIA/Kelsey noted that the Federal Communications Commission relaxed regulations regarding local ownership of local TV stations and looser rules on television-radio-newspaper cross-ownership.

“While there is some question as to whether some or all of these new regulations will be challenged in the courts, there is some optimism that this relaxation will lead to an increase in station trading activity,” BIA/Kelsey said.

Read more at broadcastingcable.com.

Jon Lafayette
Jon Lafayette

Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.