LIN TV explores possible sale
Cory Bergman May 21st, 2007
LIN Television (station list) says it has hired JP Morgan to advise on a potential sale. Also, Nexstar Broadcasting has hired Goldman Sachs to do the same. “Station groups may feel their value has peaked and face an uncertain future,” writes David Goetzl in MediaPost. “Consumers continue to migrate to the web for news and information, and local newscasts account for a major portion of a station’s revenue.” So have TV stations peaked in value? Or is this just a lull until stations can regain their footing in a digital world?
4 Comments Add your own
1. Safran | May 21st, 2007 at 5:13 pm
There is still tremendous value in the stations - but only if they are willing to turn things around and become local media companies instead of television stations. There is a reason why private investment groups are going in and buying these stations - they’re not dummies. They know a good investment. But don’t expect them to run things the same way.
2. brad | May 21st, 2007 at 5:14 pm
peaked. some of these groups may realize that they don’t have the capital to make the digital leap.
3. Anonymous | May 21st, 2008 at 7:47 pm
HOLA AMOR LINDO ESPERO QUE ESTES BIEN,SABES TE EXTARÑO DEMACIADO,PERDONAME PORFAVOR TE LO SUPLICO
TE AMO MI CIELO
4. Anonymous | May 21st, 2008 at 7:47 pm
HOLA AMOR LINDO ESPERO QUE ESTES BIEN,SABES TE EXTARÑO DEMACIADO,PERDONAME PORFAVOR TE LO SUPLICO
TE AMO MI CIELO
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