To counter the sharp reversal of fortunes, many broadcasters formed _____________agreements, whereby one radio station leases time and/or facilities from another area station.
A) Reciprocal trade agreements
B) Local Marketing Agreements
C) Revenue Sharing agreements
D) Non-competetive Network Agreements

Question

Quizplus · Accepted Answer

The passage mentions that broadcasters formed agreements to counter the reversal of fortunes. Among the options given, Local Marketing Agreements fit this description best, as they involve one station leasing time and/or facilities from another local station. The other options do not necessarily involve the leasing or sharing of resources between stations.

To Counter the Sharp Reversal of Fortunes, Many Broadcasters Formed