Robert Allbritton writes in a company memo that his namesake media company is exploring “strategic options” for its television stations, including WJLA and NewsChannel 8, and redoubling its focus on Politico. Those options include a possible sale of Allbritton Communications’ eight television stations, so that the company could pump more resources into its flagship political news website.

The prospect of spinning off the television stations—in addition to the two in the D.C. market, Allbritton owns stations in Alabama, Arkansas, Oklahoma, Pennsylvania, South Carolina, Virginia, and West Virginia—excites Allbritton. “As you might imagine, this is a thrilling moment for me – and for the entire Politico team,” he writes.

Joe Allbritton, who died last December, bought his first television station about 30 years ago after a stint running the now-defunct Washington Star. Allbritton today has focused primarily on its web properties. And if Robert Allbritton can offload the TV stations, he wants to invest the proceeds into making Politico even bigger.

This is the Golden Age of new media innovation, and I intend to stay on the leading edge of it. So, I will be looking to invest in or launch media companies that follow the Politico model of dominating targeted coverage—and then using multiple revenue streams to profitably fund it. I see a very bright future for media companies like this and plan to show this with substantial investment in coming months and years.

While Politico is profitable, Allbritton’s other attempt to create a media property aimed at “dominating targeted coverage”—i.e., TBD’s stated goal of cornering the market on local news—was a slow-burning failure. But Allbritton’s first priority is to keep growing Politico.

Allbritton Communications has hired financial advisers to consult on the possible sale of its television group. The sale price, as some have noted, is, well, to be determined.