TV Station Acquisition Market Quiet in Q2

By ( Multichannel News ) published

The market for TV stations remained quiet in the second quarter, with deals total just $98.2 million getting done.

Combined with radio, broadcast deals totaled $233.3 million in the second quarter of 2015, bringing the first half total to $343.8 million.

A year ago, merger and acquisition activity totaled $5.3 billion as TV station groups including Granite Broadcastings, LIN Media, Media General, Graham Holdings, Gannett, 21st Century Fox sand Cox Media Group bought, sold and swapped stations.

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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.