US broadcast M&A reaches $5.11bn for 2018

US broadcast station mergers and acquisitions (M&A) raised $5.11 billion in the second quarter of 2018 with over $5.01 billion attributed to TV station sales, according to S&P Global Market Intelligence. This is the largest quarterly deal volume since the second quarter of 2007, according to the research group. The news arrives as consolidation of […]

Raycom exec exits to focus on indie prodco

Mary Carole McDonnell is leaving US station group Raycom to focus on her own indie prodco Bellum Entertainment. McDonnell created producer and distributor Bellum in 2005 and has run in tandem with her role at Raycom where she is executive VP, programming, overseeing scheduling, acquisitions and budgeting. She will leave the stations company in September […]