Broadcast station M&A volume reached $1.85 billion in Q2 2014, over $2 billion less than Q2 2013, when $3.88 billion of broadcast stations traded hands. TV station deal volume in Q2 2014 was $1.33 billion, versus $518.6 million worth of radio station deals, still a very robust deal market despite the decline from last year’s huge totals, per an SNL Kagan analysis.