Television and radio transactions for the first half of the year "show promising increases in station sales and dollar values compared with all of 2005," according to BIA Financial Network.
"Even when factoring in large group sales in both categories there are enough significant increases to indicate renewed activity, particularly in selected markets," BIA stated.
Eighty-eight television stations sold with a transaction value of $15.7 billion, compared with $244 million for the sale of 21 stations for the same time period in 2005.
Radio sales, the company stated, "have kept in-line with BIAfn predictions for steady but slow growth."" The company puts the value of radio transactions this year to date at $3.4 billion for the sale of 549 stations, compared with last year's $899 million for the sale of 474 stations in the same period.
(Radio World)
