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Highest EBITDA Growth in the Broadcasting Industry Detected in Shares of Media General (MEG, GTN, NXST, SBGI, ETM)

By James Quinn

Below are the three companies in the Broadcasting industry with the highest EBITDA Growth (next year estimate vs. LTM). EBITDA Growth can be valuable in predicting future cash flow generation and earnings power.

Media General ranks highest with a EBITDA growth of 172.2%. Gray Television is next with a EBITDA growth of 59.5%. Nexstar Broadcasting Group ranks third highest with a EBITDA growth of 33.3%.

Sinclair Broadcast Group follows with a EBITDA growth of 22.5%, and Entercom Communications rounds out the top five with a EBITDA growth of 19.5%.

SmarTrend recommended that subscribers consider buying shares of Media General on September 28th, 2015 as our technology indicated a new Uptrend was in progress when shares hit $13.73. Since that recommendation, shares of Media General have risen 28.3%. We continue to monitor Media General for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest ebitda growth media general gray television nexstar broadcasting group sinclair broadcast group entercom communications