That was the best headline I could come up with, sadly. Maybe I should have thought about it for more than three seconds. But the story is that the son of Larry Tisch, who gained fame for taking over CBS, is buying up shares of Saga Communications.
Saga Communications is a good company (even though they completely ignored me when they were hiring for a morning show last year which kind of hurt), so this is smart investing and probably where the future of the industry is going. In the end, it looks like the paradigm of consolidation as a business model was inherently flawed. As it turns out large companies are less financially stable than small companies. Companies like Saga, Greater Media, and Cox appear to be in a FAR better position than the larger companies.
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