The volume of broadcast station mergers in the third quarter hit $3.04 billion, more than double the total for the period from September 2014 through June 30, SNL Kagan is reporting.
TV station deals amounted to $2.61 billion, while radio transactions were $422.1 million.
But overall, the deal levels are “well below” those of the same period a year ago, according to SNL Kagan.
