The last couple of years have seen a lot of television stations being bought and sold. Belo and Gannett merged, Tribune went on a station buying spree, and our WPLG Local 10 is now in the hands of prolific investor Warren Buffett.
Using data from research firm BIA/Kelsey TVNewsCheck ranked TV station owners by 2013 revenue and while the usual media giants like FOX and CBS are at the top other station groups have moved up a bit.
WSVN parent company Sunbeam Television placed 18th, right behind former WPLG owner Post-Newsweek Stations, with estimated revenues of $207 million from WSVN, WHDH and WLVI during 2013. In the same list last year Sunbeam placed 22nd with $231,700 million in 2012 revenues which no doubt were propped up by heavy political spending.
WPLG, now owned by Berkshire Hatthaway and Warren Buffet, ranked 26th with $71 million in revenues for 2013. Its former parent company Post-Newsweek which now owns five stations in five markets had $261 million in revenues and ranked 17th.