{"id":6712,"date":"2016-01-08T00:00:00","date_gmt":"2016-01-08T00:00:00","guid":{"rendered":"http:\/\/worldscreen.com\/tvusa\/u-s-broadcast-deal-volume-reached-nearly-half-a-billion-dollars-in-q4-2015\/"},"modified":"2016-01-28T15:06:42","modified_gmt":"2016-01-28T20:06:42","slug":"u-s-broadcast-deal-volume-reached-nearly-half-a-billion-dollars-in-q4-2015","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tvusa\/u-s-broadcast-deal-volume-reached-nearly-half-a-billion-dollars-in-q4-2015\/","title":{"rendered":"U.S. Broadcast Deal Volume Reached Nearly Half a Billion Dollars in Q4 2015"},"content":{"rendered":"
MONTEREY: Broadcast station mergers and acquisitions (M&A) volume in the U.S. reached $486.8 million in the fourth quarter of 2015, according to SNL Kagan.<\/p>\n
The SNL Kagan report finds that the total is low compared to the more than $3 billion of the previous quarter, but it is still more than the deal volume of the first half of the year. There were no billion-dollar deals in Q4 and only one transaction of more than $100 million, but with 37 transactions of $1 million or more, Q4 delivered a similarly solid number of million-dollar deals as the previous quarter (38 deals over $1 million).<\/p>\n
TV registered deals worth $326.4 million. The TV market ended the year with an average 8.4-times forward seller\u2019s multiple (0.1 point higher than at the end of Q3). The top TV deal and the only $100 million deal of the quarter was Nexstar Broadcasting Group\u2019s $130 million acquisition of the CBS outlets in the West Virginia markets of Charleston-Huntington, Bluefield-Beckley-Oak Hill and Wheeling, as well as the NBC affiliate in Clarksburg, from West Virginia Media Holdings.<\/p>\n","protected":false},"excerpt":{"rendered":"
MONTEREY: Broadcast station mergers and acquisitions (M&A) volume in the U.S. reached $486.8 million in the fourth quarter of 2015, according to SNL Kagan. The SNL Kagan report finds that the total is low compared to the more than $3 billion of the previous quarter, but it is still more than the deal volume of …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[227,226],"class_list":["post-6712","post","type-post","status-publish","format-standard","","category-top-stories","tag-ma","tag-snl-kagan"],"yoast_head":"\n