Local TV station M&A slows after banner year
Michelle Clancy
There has been on-going consolidation among local TV affiliates in the United States, but there are signs that the buying frenzy is dying down. According to SNL Kagan, total broadcast station M&A volume reached $1.85 billion in Q2 2014, more than $2 billion less than the year prior, when a staggering $3.88 billion of broadcast stations traded hands.