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In the time periods when all four stations compete, here are the 25-54 demo rankings for each station (from February '08):
Morning news time period...
1) KPTV
2) KGW
3) KATU
4) KOIN
Late news time period...
1) KPTV (10pm)
2) KGW (11pm)
3) KATU (11pm)
4) KOIN (11pm)
5) KPTV (11pm)
6) KGW/KRCW (10pm)
KPTV can charge (and receive) the most money in early morning and late night news time periods given these demo results.