The 24 stations in 15 markets cover 3.4% of the U.S. and range from DMAs 68 to 201.
Multiple sources say Barrington Broadcasting’s 24 stations in 15 markets are for sale and that Sinclair and Nexstar are finalists among the bidders.
Barrington 3Q Revenue Drops 5.6%
Discounting political, local ad revenue grew 7% while retrans money rose 16%.
Barrington Broadcasting has a 24-TV station group (owned or operated) that is diverse both geographically and in terms of network affiliation. Moody’s Investor Service says that as long as Barrington pursues certain financial strategies, it warrants an upgrade to its corporate family rating and its probability of default rating.
Barrington Posts 4.3% Rise In 2Q Revenue
Most of the gain comes from $20.5 million in local revenue, an increase of 8% from the year earlier period.
Barrington 1Q Revenue Rises 3.1%
The increase is driven by a 12.4% rise in national revenue and a 20.3% jump in retrans money.
Exclusives
Barrington 3Q Revenue Climbs 20%
The boost to $33.8 million is powered by a $3.2 million more political ad money, an 11% increase in national ads and a 3% boost in local.
