Gannett/Belo: Station Consolidation Nation

摘要

While sinclair has been getting all the ink for its intense M&A strategy of late, Gannetts acquisition last week of Belo Corp.'s TV stations, with its $2.2 billion price tag, eclipses Sinclair's staggering run of deals. Consolidation has been the name of the game in local broadcast, with station groups needing major scale to throw weight around with their partner net-works and the subscription-TV carriers that pay to air their stations.