That’s according to a new blog from BIA/Kelsey Chief Economist Mark Fratrik, who says those 755 stations had a total value of over $3.3 billion. The number of radio stations sold increased by 179 and the total value of those stations increased by over $2.8 billion. Fratrik says the increases can be credited mainly to the Entercom acquisition of CBS Radio. Fratrik says relaxed regulations on local ownership, lower taxes, and a strong economy could increase deal activity in 2018.
