In the past decade, former billionaire Phil Falcone drove his multibillion-dollar hedge fund into the ground, was temporarily banished from the securities industry and wrangled in court with multiple creditors.

Election Night Proves It: Hyperlocal Is LPTV’s Franchise
On election night, nobody with a national budget covers the county commission race. An LPTV station twelve miles away can, and that capability is the most durable franchise in American television.

