TV Station Sales Doubled in 2013
CHANTILLY, VA.—Nearly 300 TV stations were sold in 2013,
according to BIA/Kelsey’s software set. That number of transactions is up
205 percent from 2012. Likewise, the total 2013 sale valuation for television
stations was up 367 percent from the previous year to over $8
BIA/Kelsey said “strong political advertising
revenues from the previous year, retransmission consent revenues and continued
historically lower interest rates were all contributing factors to this strong
showing in the television station acquisition market.”
The largest transaction of the year were the 11
stations bought by the Tribune Co. in June for $2.7 billion.
“This year we expect the transactions to slow
down slightly from the incredible amount of activity last year,” said Mark
Fratrik, vice president of BIA/Kelsey.