| Markets 1-25 | Markets 26-50 | Markets 51-100 | Markets 101-150 | Markets 151+ | All Stations | |
|---|---|---|---|---|---|---|
| 1997 | 3.7 | 3.1 | 2 | 1.2 | 6.4 | 3.2 |
| 1998 | 4.6 | 5.9 | 8.4 | 8.5 | 31 | 6.2 |
| 1999 | 1.9 | -1.3 | -1.7 | -0.9 | 2.1 | 0.7 |
| 2000 | 9.2 | 4.8 | 6.7 | 7.9 | 10 | 8.1 |
| 2001 | -14.9 | -13.6 | -12.2 | -13.4 | -12.5 | -14.1 |
| 2002 | 7.5 | 11.8 | 14.2 | 14.3 | 13.4 | 9.8 |
| 2003 | -1.2 | -2.1 | -4.4 | -5 | -2.3 | -2.2 |
| 2004 | 8.9 | 12.9 | 11 | 16.1 | 12.3 | 10.5 |
| 2005 | -7.5 | -8.7 | -7.7 | -11.2 | -8.1 | -8 |
While highly profitable, the local TV business is also highly cyclical. Revenue growth moves up and down with the economy and rises in even years.
