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TV station political revenues could potentially grow 25 percent above 2006 levels to about $2.5 billion, according to a new SNL Kagan study released Wednesday (Sept. 22). Radio will also enjoy some added cash, about $560 million.
Political spending for the publicly traded pure play TV groups will exceed $300 million. In the 16 states with highly contested elections, Sinclair Broadcast Group has the largest footprint. Sinclair has 24 stations in toss-up states, while Gray TV has 14, Nexstar Broadcasting Group 11, LIN TV 10 and Belo 6.
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