Local TV "Mixed signals of health and challenge" characterize the local TV sector, and "the next few years may determine whether the industry ultimately heads up or down." With viewership of local news on the wane, more people in local TV appear pessimistic rather than optimistic about its future, the report says, pointing to higher news-gathering costs in the face of sagging news budgets, heavier workloads for smaller reporting staffs, and a format many find to be "repetitive, formulaic, sensationalized, or insipid." There is some good news too: the business generally is healthier for local news than for network news, and networks still want to own more local stations. Also, advertisers and political campaigns still look to local TV to sell products and candidates. Local TV content is "dominated by the ethos of 'live, local and late- breaking,'" the report says, particularly when it comes to covering crime. About three-quarters of local TV stories are local, and 70 percent of stories are less than a minute long. Crime stories outnumber all others by at least two to one, and 40 percent of stories "are about fairly typical everyday incidents." Six out of 10 local TV stories involving controversy "gave only or mostly one point of view," the report says, pointing to "an alarming tendency toward onesidedness and a steady disappearance of enterprise." "The notion that it has to bleed to lead in local television news is an exaggeration, but it is grounded in some reality," they conclude. A growing trend in local TV: "Centralcasting," in which local stations seek to cut costs by contracting to an outside concern for newscasts to air on more than one station. Again, not all the news is bad when it comes to local TV: The PEJ report says people tend to trust local TV more than any other type of news, even though most people seem to feel local TV shies away from complex issues. "In the end, the issue for local television is similar to that for newspapers," the report says. "It is such a robust business that declining viewership has not hurt revenues. Yet even more than newspapers, local television news invests little in improving the product," and that product is "getting thinner" as budgets are stretched further and as competition from the Internet increases.