Its members have included Jimmy Carter, Gerald Ford, and Walter Cronkite. The group has launched a web site called GreedyTV.org, which lists the stations from each media market that bring in the most political ad money. Around election time, they turn around and sell air time to candidates, fueling this money chase, I would argue also, fueling the cynicism and apathy of the public, which can't stand the ads, and can't stand the money chase. Meantime, they're hauling in a billion dollars that they're adding to their bottom line. But television stations say political advertising is as much pain as profit.
Election laws require a lot of paper work on political ads.
Also candidates must be offered the lowest market rate possible. Stations have to be on the look out for false advertising, and they may be called on to pull an egregious spot. Marty Brantly is the retired General Manager of KPTV, channel 12. He says politics is just one factor in a busy adverting time for commercial stations. It is profitable, I think for stations to do it.