You Thought Newspapers Had It Bad, Check Out Local TV

From :

“It is getting so bad for local television stations that some are turning to newspapers for help…. The news for stations has been grim lately: without election advertisements to defray the losses in automotive ads, a cross section of station owners reported 20 percent to 30 percent quarterly drops in revenue last week, suggesting that the local TV business is almost as weak as its print counterpart.”

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