Sweet spot in a sour economy? A handful of broadcast veterans have found it managing stations they dont own.
Faced with businesses needing intensive care to survive, much less fetch a reasonable price on the trading block, some station owners are outsourcing management to the broadcasting equivalent of ER docs.
The companies winning bids to manage operations other than their own have time-tested executive teams and formidable scale economics. Those in the game so far: LIN Media, Gray Television, Nexstar Broadcasting Group and Titan Broadcast Management. More…