As we muddle through the COVID-19 pandemic, station sales are not strong, especially for Radio.
The following chart shows year-to-date transactions of 2020 compared to 2019.
So far this year, there has not been any large television group sale as was the case in 2019 when Nexstar divested several of the stations they acquired in the Tribune acquisition. Continued uncertainty about the recovery from the health scare and subsequent concerns over the pace of economic recovery will continue to be a depressing force on the level of station trading activity.
Every month, BIA tracks and posts an update on transactions and values here.