1 posts and columns on local TV

NBC: Our Local Stations Are Killing Us

in Media on January 23, 2009 at 3:49 am PT

Local television stations used to be money machines for the big media conglomerates. No more. GE’s NBC Universal says its revenues dropped three percent and that its operating profits were down six percent for the last three months of 2008, primarily because of weakness at its local TV stations.