In smaller markets, that was often true, but not so in the bigger markets.
My family moved from Chicago to Green Bay in 1975, when I was 10. Green Bay did only have the 4 (CBS, ABC, NBC, PBS), while Chicago, at that time, had at least 8 – the four networks, plus 3 independent stations broadcasting in English (channels 9, 26, and 32), and another independent station which broadcast in Spanish (channel 44, IIRC).