The acquisition binge in local TV
Media companies have dramatically expanding their local television holdings in recent years. Five companies own one-third of the about 1,400 local TV stations in the country.
Media companies have dramatically expanding their local television holdings in recent years. Five companies own one-third of the about 1,400 local TV stations in the country.
A new Pew Research Center State of the News Media analysis finds that the growing digital news world is largely comprised of hundreds of smaller sites, often local in scope, that are working to fill gaps left by legacy reporting cuts.
Local television in the U.S. saw massive change in 2013, change that remained under the radar of most Americans. Big owners of local TV stations got substantially bigger, thanks to a wave of station purchases. While the TV business profited, the impact on consumers is less clear and seems to vary from one market to the next.
Bucking a long-range trend of declining viewership, the audience for local TV news grew in all three major time slots in 2013.
The rush to acquire local television stations produced revenue growth for some media companies in the year’s third quarter, while others suffered losses tied to a plunge in political ad dollars.
The latest data on local television economics offers mixed messages: increasing revenue from news programming but cuts in newsroom budgets.
While the economics of local television are stronger than those of the newspaper industry, a new Pew Research Center report analyzes why some trends in local television news may be worrisome.
The news programs that Americans watch on national cable channels and their local television stations have changed significantly in recent years while the network evening newscasts have remained remarkably stable, according to a new study from the Pew Research Center.
Depending on the local news topic, urban residents are more likely to use mobile and online sources, while suburbanites are most heavily into social media and rural residents are more inclined to word of mouth sources. A joint PEJ-Pew Internet report offers more about how people get local news in specific communities.
A snapshot of the profiles of the different types of communities studied.