A television broadcast company, whose mission is to provide quality news and entertainment services to the local markets in which the Company operates.
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The stock is really beaten down due to its debt and the sector being out of favor. Nonetheless, this company's station base is terrific, with lots of leaders in local news. I'm putting it up for a pop with an increase in political ad revenue this season, but may decide to hold on for a while to capture some of the underlying value.