TV Stations Forecast Revised Upward
With the ad economy bouncing back and political revving up, analysts are revising their forecasts for TV stations upward. In its latest forecast, BIA/Kelsey is calling for a 6.5 percent increase for over-the-air TV station revenue to $17 billion. It's the third time BIA/Kelsey has made an adjustment to its forecast. In March, the firm predicted TV station revenue would increase 4.3 percent to $16.8 billion. The digital revenue forecast hasn't changed. BIA/Kelsey still forecasts digital will hit $600 million in 2010, a 20 percent gain. In 10 states where there are hotly contested races, TV revenues are expected to grow by nearly 8 percent or more, such as in Arkansas, Pennsylvania, Texas, Ohio and Colorado.
TV Stations Forecast Revised Upward BIA/Kelsey: Stations To Get $17 Billion in 2010 (Broadcasting&Cable)