People want their news I read my news on my TV,facebook, Twitter I no longer read my news in our newspaper more and more folks are reading their news on the internet by the time you get your news to a paper it's way over withPeople have been forecasting the end of newspapers for decades and the end of radio for a while. Hasn't happened. I don't think local OTA is going away in the next 50 years, ESPECIALLY in smaller markets. Local news and weather is too important to people. Nothing can match the immediacy of a local broadcast. Cells? Only if you have cell towers. Internet? Only if you have cable/fiber.
People WANT their local news & weather. Now, maybe there will be more consolidation and you'll end up with 1-2 local broadcasters, but I don't think it's going away.