This whole "we want control" shareholder bull%%%t thing with Fisher is getting VERY old for me. Enough that I seriously am thinking about going to June shareholder meeting with discount coupons for "Babies R Us" to hand out to Lorber and the FrontFour crew....if they are going to ACT like babies let them dress like one (at a sale price).
Where I once cared VERY deeply about locally owned broadcast companies that really had it together, I'm tired of all these Wall Street types or ignorant exectutives (often those two are very tightly coupled) coming in and urinating all over very decent media operations and liquidating what's left for their momentary portfolio orgasm.
LBB, great post. And I know you are very familiar with the situation there.
Any new owner will have to decide what they want to keep and what is disposable. That, unfortunately, is the reality of today's media world. Possible new local owners don't exist, really. So the best we can hope for is a company that realizes that local still works in Seattle, wherever they may have their headquarters. Belo and Cox, for the most part, still do this. For KOMO/KATU to succeed, they need an owner who realizes that local people need to run these outlets for them to succeed.