A Dynamic Analysis of Consolidation in the
Broadcast Television Industry (Figure Data)
Figure 1: Transactions Per Year
| Year | Number of Transactions |
| 1991 | 67 |
| 1992 | 64 |
| 1993 | 50 |
| 1994 | 96 |
| 1995 | 96 |
| 1996 | 159 |
| 1997 | 186 |
| 1998 | 161 |
| 1999 | 130 |
| 2000 | 112 |
| 2001 | 110 |
| 2002 | 84 |
| 2003 | 68 |
| 2004 | 65 |
| 2005 | 53 |
| 2006 | 63 |
| 2007 | 82 |
Figure 2: Distribution of Number of Stations Held Among Firms in 1995
| Number of Stations Owned | Frequency Among Firms |
| 1 | 245 |
| 2 | 59 |
| 3 | 29 |
| 4 | 19 |
| 5 | 17 |
| 6 | 15 |
| 7 | 9 |
| 8 | 8 |
| 9 | 7 |
| 10 | 5 |
| 11 | 1 |
| 12 | 1 |
| 18 | 1 |
Figure 3: Distribution of Number of Stations Held Among Firms in 2007
| Number of Stations Owned | Frequency Among Firms |
| 1 | 113 |
| 2 | 43 |
| 3 | 13 |
| 4 | 12 |
| 5 | 6 |
| 6 | 8 |
| 7 | 4 |
| 8 | 4 |
| 9 | 3 |
| 10 | 6 |
| 11 | 1 |
| 12 | 1 |
| 14 | 2 |
| 15 | 1 |
| 17 | 1 |
| 19 | 2 |
| 20 | 1 |
| 21 | 1 |
| 23 | 2 |
| 24 | 1 |
| 25 | 1 |
| 27 | 1 |
| 29 | 1 |
| 30 | 1 |
| 31 | 1 |
| 32 | 1 |
| 33 | 1 |
| 35 | 1 |
| 37 | 1 |
| 47 | 1 |
| 53 | 1 |