Los Angeles Times
After a stormy two years, the clouds may finally start to lift a little in the local television station business next year.
According to industry research firm SNL Kagan, revenue for television stations, most of which is from commercials, will grow 5.2% to $18.5 billion in 2010, thanks in part to political advertising and the Olympics.
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That’s good news for an industry that is struggling big time. This year, Kagan projects revenue for local stations to be $17.6 billion, which is a drop of 17% from 2008’s $21.7-billion figure. More…