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The ‘Acquisition Binge’ in Local Television

From the Pew Research Center’s report on “the acquisition binge in local television”:

A decade ago, the number of stations owned by what are now the five largest local TV companies was 190. Today, that number is 464. In 2013, alone, about 300 full-power local TV stations changed hands, at a cost of more than $8 billion. That is 195 more stations sold than in 2012 and more than four times the dollar value of the deals made in 2012.

Pew Research Local News Acquisition

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