It’s not just the name of Charles Dickens’ 13th novel, but may also describe the feeling many broadcast media C-Suite executives have for the deal-making they thought would be in movement by now.
With FCC Chairman Ajit Pai now firmly in place through June 2021 , one would think the market for radio and TV transactions would be exploding. Is everyone waiting for the Entercom spins? Is Sinclair’s merger with Tribune Media spooking everyone?
No, and no. But, the reasons why it’s so slow are very clear to Frank Kalil.