I expect CBS do what they did in Detroit by launching a streaming channel known as CBS News Atlanta and then simlucast some of the shows on 69. Cbs already has streaming channels everywhere they own the CBS affiliate. I dont know when it will launch but CBS said they will for Atlanta
-
Get involved.
We want your input!
Apply for Membership and join the conversations about everything related to broadcasting.
After we receive your registration, a moderator will review it. After your registration is approved, you will be permitted to post.
If you use a disposable or false email address, your registration will be rejected.
After your membership is approved, please take a minute to tell us a little bit about yourself.
https://www.radiodiscussions.com/forums/introduce-yourself.1088/
Thanks in advance and have fun!
RadioDiscussions Administrators
CBS Leaving Ch 46
- Thread starter BarryATL
- Start date
Gray is writing off $29 million of WANF's intangibles because of the "decision" not to renew with CBS. I still maintain, CBS forced their hand.
If it was a CBS decision, Gray has all of its CBS affiliates (I don't know the number exactly) to bargain with. Maybe Gray got a reduced rate for it's other CBS stations.
Then again I question why Gray didn't put ANF on 17 and kept CBS on 46. I know CBS / Paramount really didn't need the expense of starting a local news operation.
Then again I question why Gray didn't put ANF on 17 and kept CBS on 46. I know CBS / Paramount really didn't need the expense of starting a local news operation.
Both can be true at the same time, though in this case it's likely Gray saving face. A $29M markdown on WANF is not good in any way.
Not sure how that would have worked (46 with no news?) especially when Paramount was going to poach CBS for WUPA no matter what. Plus WPCH still has cable carriage in Canada.
A non cash write down comes in handy at tax time.
ANF could have been on both 17 and 46 for a half hour before or after the CBS evening news and between 11 and 11:30 pm.
ANF could have been on both 17 and 46 for a half hour before or after the CBS evening news and between 11 and 11:30 pm.
How so? The write down is a book/tax difference. Most intangibles associated with business purchases (which these most likely are) are Section 197 property and have to be amortized over 15 years for tax.
I can’t think of any instance where an asset impairment would be deductible for tax purposes.
I personally haven't had to report good will wirte for several decades but IIRC the CPA I hired figured some way that I could use the write down against the recapture of depreciation and capital gains tax I owed for a business I sold.
I am sure there are ways large corporations with lawyers and accountants who have a lot more knowledge of the tax laws than I ever will, will figure out some way that wil allow Gray to avoid paying income taxes.
This didn't affect Gray's cash position. Any leveraged company should always watch it's cash. The possible loss of future income by not being a CBS could be an issue. I personally would have dropped CW and kept CBS but what do I know.
I agree. By the way, I was in Indy last week. I couldn’t watch WISH-TV on YouTube TV. It had its own streaming app for its news that worked basically fine. It wasn’t quite as smooth as YouTube TV, but it worked.
The loss of CBS at WISH forced LIN to take a nine figure haircut on the Media General merger. Losing a network affiliation is typically a really bad event.
Loss of CBS Affiliation at WISH Costs LIN Millions
www.adweek.com
Just curious. Does CBS mandate their syndication properties be shown on CBS owned stations.... like Wheel, Jeopardy, ET, etc.? That would certainly shake things up. However IMO, it would also be a great way to bring more viewers over to the new station. 
No. In Miami WPLG Local 10 is losing ABC on Monday, 8/4 and they will become an independent.. Wheel and Jeopardy are going to stay in the 7:00 hour. It appears that WPLG is going the direction of WANF. They have significantly increased their news hours and have added very little syndicated programming. WPLG's broadcast day is almost all news beginning 8/4.Just curious. Does CBS mandate their syndication properties be shown on CBS owned stations.... like Wheel, Jeopardy, ET, etc.? That would certainly shake things up. However IMO, it would also be a great way to bring more viewers over to the new station.
Have a look at Titan TV's grid for WPLG. You can see this week with ABC and scroll to Monday and see it without ABC. We are about a week away from being able to see WANF's schedule for post CBS.
I get WPLG's situation. Those syndicated shows I mentioned are (owned, outright By CBS). WUPA69 will be (owned, outright by CBS) as well. Most other CBS O&O's in other markets also carry those 3 syndicated shows. So I just thought Ch. 69 would possibly follow the same protocol. 😁
Most CBS O&Os carry ET, but NOT WOF or J! Most CBS O&Os carry Inside Edition and ET, with most ABC O&Os carrying WOF and J! (CBS O&O WBZ-TV Boston is the only CBS O&O I can think of that carries both programs, with NBC O&O KNSD San Diego having the same fate from the NBC side).
Just because CBS owns those syndicated shows doesn't mean the CBS O&O markets are forced to carry them.
Paramount and Skydance Expect Deal to Close Aug. 7
Paramount Global expects the merger with Skydance -- forming Paramount Skydance Corp. -- to close Aug. 7.
variety.com
Here’s one that takes place at the same time WUPA takes over as the CBS Affiliate in Atlanta. It would be when Skydance takes over Paramount and CBS on August 7th (Estimated day when the deal closes) .
In four days we will be able to see the 8/16 schedules for WUPA and WANF. It will be interesting.
www.tvpassport.com
www.tvpassport.com
TV Schedule for WUPA Atlanta, GA
See the upcoming TV listings for WUPA Atlanta, GA
www.tvpassport.com
TV Schedule for CBS (WGCL) Atlanta, GA
See the upcoming TV listings for CBS (WGCL) Atlanta, GA
www.tvpassport.com
I’m sure Atlanta News First on 46 will become news overkill with also airings of Investigative TV mixed in. Wonder if they will incorporate Gray’s Local News Live news programing as well.
Where is Shon Gables?
Im sure weekday news may look like this:
• 4:30 AM - 10:00 AM
• 12 PM-1 PM
• 4 PM - 7:30 PM
• 10 PM - 12 AM
Where is Shon Gables?
Im sure weekday news may look like this:
• 4:30 AM - 10:00 AM
• 12 PM-1 PM
• 4 PM - 7:30 PM
• 10 PM - 12 AM
Beyond a certain point, non-stop news becomes "too much of muchness", a fortiori at a local level. Attempts to create localized clones of the old CNN Headline News end up running the same stories, or at least coverage of the same events, over and over. You're basically capturing viewers who seek out their news at different times, which has some internal logic to it, but is it viable?
Sounds like WANF is stuck with having to make lemonade out of lemons, the "lemons" in this case being the loss of their CBS affiliation.
46 already does a 3pm half hour with Investigate TV at 3:30pm. 17 carries the whole 3pm hour with Local News Live at 2pm. I would expect Local News Live will air at 2pm on 46 now. Plus ANF will most likely bring back a 9pm newshour also maybe even an 8pm Hour especially since 11 gave up Prime Time news. How much will 17 simlucast ANF with 46 after the switch. 46 has not announced actual additional hours of news.
The term "shovelware" comes to mind. There is a point of diminishing returns because there's too much news and not enough audience to justify it all. WPLG is going to have the same problem but at least their news department is the English language market leader in Miami, which is not the case for WANF.
It's like they had no other option available besides moving Telemundo or Peachtree Sports to 46.1.