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Nexstar ready to hook up with TEGNA?

Woah that would require divestments in some places like New Haven/Hartford CT, Washington DC, San Diego but that could work out as Duopolies in Sacramento and Atlanta if this is approved or not.
 
Y2kTheNewOldies said:
Woah that would require divestments in some places like New Haven/Hartford CT, Washington DC, San Diego but that could work out as Duopolies in Sacramento and Atlanta if this is approved or not.
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MediaLover said:
Cleveland may have to divest as well. Nexstar owns WJW and WBNX, while TEGNA owns WKYC.
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Bold of anyone to assume any divestments will occur at all. This is being set up where Nexstar will keep everything. That means a Cleveland WKYC-WJW-WBNX triopoly, etc.

It's the late 1990s in radio all over again.
 
We should all assume that ownership caps are about to be greatly loosened by the FCC, which is likely what these types of deals are predicated upon.

Here in Texas a Nexstar/Tegna combination would result in a triopoly in DFW (WFAA/KFAA/KDAF) as well as Houston (KHOU/KTBU/KIAH) and a virtual quadropoly in Austin (KXAN/KVUE/KNVA/KBVO).

Yes, brave new world. But keep in mind that if an ATSC 3.0 transition gets pushed through, we could see some of the channels held by multi-station combinations sold off in a future spectrum auction to the cellular industry, with program streams being combined on the new 3.0 signals.

Love it or hate it, it’s going to be quite interesting. Lots of pieces moving around.
 
Denver would have four under the same ownership with such a marger: KWGN (CW) and KDVR (Fox) from Nexstar and KUSA (NBC) and KTVD (MyNetwork) from Tegna.

KUSA is a journalistically solid organization, among the best in the city; KDVR is so-so, saddled with filling a lot of time with too few resources. I have my doubts as to whether KUSA's approach would survive in a combined organization. I imagine there's some nervousness at Speer & Logan as a result of these reports.
 
Nathan Obral said:
Bold of anyone to assume any divestments will occur at all. This is being set up where Nexstar will keep everything. That means a Cleveland WKYC-WJW-WBNX triopoly, etc.

It's the late 1990s in radio all over again.
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Then could mean some layoffs, especially in news. I doubt WJW would lose anyone. Then there would be WKYC, which just got a new news director recently.
 
in the event the FCC rules are loosen to allow TV stations in one market to be a monopoly, the Nexstar/TEGNA merger if it goes through would allow WFAA to be once again owned by a Dallas based company unless Nexstar is planning to relocated their corporate headquarters from Irving, TX to either New York City, NY (top East Coast market), Los Angeles, CA (top West Coast Market), Chicago, IL (WGN's hometown & former home of Tribune Media's headquarters until Nexstar acquired them) or Washington, DC (current market where TEGNA's headquarters are based out of, which is Tysons, VA a city in the suburbs of DC on the Virgina side of the DC region).
 
In the Columbus, Ohio tv market, WCMH 4 is owned by Nexstar and WBNS 10 is owned by Tegna.

WCMH and WBNS have always been news rivals for many years with WBNS being in the number one spot for local newscasts.

I haven't seen the Neilsen ratings in years for Columbus local newscasts as it hasn't been reported in the Columbus newspaper.

It would be interesting to see the latest Neilsen ratings for local newscasts for WCMH, WSYX/WTTE, and WBNS.
 
MediaLover said:
Then could mean some layoffs, especially in news. I doubt WJW would lose anyone. Then there would be WKYC, which just got a new news director recently.
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The only real wildcard is if Fox pursues a repurchase of WJW (which legitimately could happen based on past precedent). Otherwise expect a merger of the two news departments. It won't be pretty.
 
Y2kTheNewOldies said:
The other wildcard here is how does Mission broadcasting respond to holding some of the TV licenses of Tegna and Nexstar because in some TV markets where Mission owns the local Nexstar station like WPIX New York, KLRT Little Rock and WNAC-TV Providence.


Markets & Stations – Mission Broadcasting, Inc.

missionbroadcastinginc.com missionbroadcastinginc.com
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That's not a wildcard, Nexstar will simply buy the Mission licenses outright at the earliest opportunity. Which will probably be incredibly soon.
 
Mark Roberts said:
Denver would have four under the same ownership with such a marger: KWGN (CW) and KDVR (Fox) from Nexstar and KUSA (NBC) and KTVD (MyNetwork) from Tegna.

KUSA is a journalistically solid organization, among the best in the city; KDVR is so-so, saddled with filling a lot of time with too few resources. I have my doubts as to whether KUSA's approach would survive in a combined organization. I imagine there's some nervousness at Speer & Logan as a result of these reports.
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I agree, I was thinking the samething that the people at 9 news do not like this news. Because Nexstar pay's there employees low and does not really give raises.
 
Nathan Obral said:
Bold of anyone to assume any divestments will occur at all. This is being set up where Nexstar will keep everything. That means a Cleveland WKYC-WJW-WBNX triopoly, etc.
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While it's certainly not out of the question, I'm not convinced we'll see triopolies or quadopolies. I'd expect those would more likely go to a sidecar company or otherwise be traded.

What has changed, and just in the last few weeks, is that the rule prohibited a combination of the Top-4 stations was tossed by one of the courts. The FCC would seem to have little-to-no desire to appeal the decision. In addition to the Allen Media and Gray deal announced last week, Scripps and Gray traded network affiliates in several markets about a month ago. If I'm Nexstar, I'm looking at how to trade KWGN and KTVD to get some network affiliates in some of my other markets.

TV licenses just aren't in-demand like they once were. Cord cutters are becoming more common, and more and more of them simply aren't watching network TV at all. They're either watching on-demand through pay services, like Hulu, or just relying on YouTube for free video entertainment. TV stations have also had to drop their rates as advertising demand continues to decline. I don't know if it's representative everywhere, but, during the 2008 recession, a friend of mine was able to get spots on the top station in a Top-100 TV market for the same price his client was getting for spots on radio the year before. Demand for advertising has only gone down since then.
 
Kent said:
While it's certainly not out of the question, I'm not convinced we'll see triopolies or quadopolies. I'd expect those would more likely go to a sidecar company or otherwise be traded.

What has changed, and just in the last few weeks, is that the rule prohibited a combination of the Top-4 stations was tossed by one of the courts. The FCC would seem to have little-to-no desire to appeal the decision. In addition to the Allen Media and Gray deal announced last week, Scripps and Gray traded network affiliates in several markets about a month ago. If I'm Nexstar, I'm looking at how to trade KWGN and KTVD to get some network affiliates in some of my other markets.

TV licenses just aren't in-demand like they once were. Cord cutters are becoming more common, and more and more of them simply aren't watching network TV at all.
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Speaking of cord-cutters, and before this thread goes too far down the path of fantasy football with TV transmitters, I will point out something that is an issue in Denver, though no doubt resolvable.

KUSA broadcasts on VHF on its legacy channel, as does KMGH. The VHF signals from Lookout Mountain can't be received reliably with an indoor antenna in areas that can be approximately described as east of Colorado Boulevard. This affects about 40% of the metropolitan area, including all of Aurora, Colorado's third-largest city. As a result, KUSA simulcasts the main 9.1 channel on 9.4, which is carried on KTVD's UHF baseband. This is because UHF performs much better on digital signals with typical indoor conditions than VHF. This is also why every KUSA legal ID includes a legal ID for KTVD.

One could argue the relevance of this setup, but I would then point out that Tegna wouldn't be doing this if they didn't see some benefit from it.
 
Mark Roberts said:
Speaking of cord-cutters, and before this thread goes too far down the path of fantasy football with TV transmitters, I will point out something that is an issue in Denver, though no doubt resolvable.

KUSA broadcasts on VHF on its legacy channel, as does KMGH. The VHF signals from Lookout Mountain can't be received reliably with an indoor antenna in areas that can be approximately described as east of Colorado Boulevard. This affects about 40% of the metropolitan area, including all of Aurora, Colorado's third-largest city. As a result, KUSA simulcasts the main 9.1 channel on 9.4, which is carried on KTVD's UHF baseband. This is because UHF performs much better on digital signals with typical indoor conditions than VHF. This is also why every KUSA legal ID includes a legal ID for KTVD.

One could argue the relevance of this setup, but I would then point out that Tegna wouldn't be doing this if they didn't see some benefit from it.
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that is true, I live in Littleton and I have trouble getting channel 7 and 9 as well. To bad they cannot move to UHF, but I think all the UHF channels are taken around here.
 


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