The Kagan team within S&P Global Market Intelligence took a close look at the transactions involving broadcast radio and TV stations in the U.S. since January 2020, and have come up with their top-line findings.

For the broadcast television sector, just two of the top 10 deals were seen last year. And, they failed to make the Top 5 by deal volume. In fact, the biggest TV station deal over the last four years came just as the nation was emerging from the worst effects of the COVID-19 pandemic.