TVNEWSCHECK FOCUS ON BUSINESS
Private Equity Is Bullish On Broadcasting
As many as eight of the TVNewsCheck Top 30 station groups already have private equity backing, as do several smaller station groups, and there are hints that private equity investors could be preparing for another push into the sector. “Private equity used to buy because of growth,” says an industry source involved with M&A activity. “Now they’re buying because groups are throwing off cash.”
