Acceptable registrations in the queue through March 16 at 11:00a ET have now been activated. Enjoy! -M.W.

Terms of Use have been amended effective October 6, 2019. Make sure you are aware of the new rules! Please visit this thread for details: https://www.mibuzzboard.com/phpBB3/view ... 16&t=48619

Broadcast stocks

Discussion pertaining to the Tri-Cities, Flint, Mt. Pleasant, and Bad Axe
sinklair
Posts: 2209
Joined: Sun Dec 08, 2019 11:59 am

Broadcast stocks

Post by sinklair » Thu Feb 27, 2020 10:44 pm

Need any evidence that TV station groups are irrevocably broken... look at recent closing stock prices over the past year. The bottom continues to fall out. Sinclair owned 25-66 was at a high of $63 a share last summer. Now... the same stock is barely worth $23 a share. Just shows that bad management isn’t just limited to the GM’s office.

BTW, Gray and Meredith aren’t doing much better.



sinklair
Posts: 2209
Joined: Sun Dec 08, 2019 11:59 am

Re: Broadcast stocks

Post by sinklair » Fri Feb 28, 2020 7:53 am

Ratings are down across the board on all stations in Nielsen and Comscore compared to a decade ago. There’s no indication that this audience is ever coming back. And there’s no local plan on how to grow additional revenue on digital platforms to make up for the loss of broadcast ad revenue. Station GMs and Sales Directors we’re caught with their pants down... arrogance at its worst that management thought advertisers wouldn’t ever leave TV.



Post Reply Previous topicNext topic