Tv operations consolodating

08-Oct-2018 18:56

Nexstar’s stock value more than tripled in 2013, while Sinclair’s more than doubled.

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In the 2012 presidential campaign–the first one conducted after the Supreme Court’s landmark 2010 Citizens United ruling –a record .1 billion in political ad revenue was spent in local television and many companies have reported huge increases in political ad revenue from the 2008 to the 2012 presidential cycles.Media General CEO George Mahoney said his company had enjoyed roughly a six-fold increase in retransmission revenue in four years—from about million in 2008 to nearly million in 2012.