TV and Radio Update: June 2020
As we progress thru the pandemic, station sales have been weak, both in terms of the number and value. For example, 34 radio sold for $4 million in May.
If the economy rebounds quicker, as the recent employment data suggests, we would expect that the station selling market also will rebound. Opportunities may also present themselves for strong radio and television groups to acquire stations that might not have fared well during this time
Every month, BIA tracks and posts an update on transactions and values here. More Radio and Television data is also available in BIA’s MEDIA Access Pro broadcasting and publishers database.