Thursday, July 31, 2014 | New York City @ 7:26 AM

anchor

James Erik Abels is TMM's anchor. He's covered media and digital media for Forbes and the FT's mergermarket newswire.

News Analysis: A Groupon-like Bid For ABC

Forget daily deals, commercials are the new hedged bet

It's getting harder to earn a buck locally. After all, everyone's building local media sites these days. But ABC has an idea - if it can use group-bidding to hedge its bets locally, it may earn more money.

All it needed to give it a whirl?: to see Groupon make it work first.

Maybe the popular coupon site should add good ideas to its daily deals.

-james

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