Everything on Media / Market Trends

Local television media is in structural decline, holding only 6% of media spend compared to 50% for digital video. A judge halted the Nexstar-Tegna merger due to antitrust concerns and market concentration.

Impact: Consolidation attempts are failing, signaling that investors should avoid local TV assets unless they pivot to digital-first or podcast-centric business models.

— from Iran Escalation, SpaceX Valuation, and AI Ethics Battles · Pivot· Mar 31, 2026