In this article, I hope to give you a bird's-eye comparison of the relatively few publicly traded regional broadcasters remaining after a wave of industry consolidation and mergers and point out a couple of opportunities. If you are more interested in large, nationally reaching cable/media companies, you might be interested in my recent article on Fox (FOX) (Owner of Fox News, Fox Sports, and as of recently Tubi) here.
As we look at the valuation levels of the regional broadcasters, TEGNA (TGNA) trades at the higher end of the industry while Gray Television (GTN)