By Greg Guy
Special to RBR+TVBR
Since the 2017 incentive auction, low-power television station valuations operated in a predictable framework. Values were supported by a steady pace of transaction activity and a defined universe of strategic buyers. Over the past 12 to 18 months, however, that framework has changed dramatically.
There are some key reasons why this has taken place, and what this means for LPTV values today.
