I don't know if that was a rhetorical question.
If it wasn't, click on the
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A lot of TV stations are owned by hedge funds, so you shouldn't be surprised if they decided to take the money and run.The FCC is ready to reverse the 39% coverage ownership limit of TV Stations, which will see an increase of local TV stations being sold.
[Link: bloomberg.com][Link: tvnewscheck.com]