Gannett buys Belo

[michael hagerty]

Oh by the way if Gannett/Belo could likely sell channel 3/61, could Tribune be a perfect fit? They've just bought 19 stations from Local TV LLC, but they're mainly Fox & CW stations. First Tribune could likely get channels 3/61 & that they swap one of those stations from Media General (despite if Tribune also may or may not be interested in fellow independent KRON 4 in San Francisco).

They probably need to swap these stations:

KTVK/KASW could likely go to Tribune

plus:

KRON could likely go to Tribune

for those non Fox/CW affiliated stations (that may likely go to Media General or maybe Gannett anyway):

KFOR (NBC)/KAUT (Ind.) Oklahoma City
WREG (CBS) Memphis
WNEP (ABC) Scranton-Wilkes Barre
WTVR (CBS) Richmond (Media General may not get that station because they own the Richmond Times Dispatch because of the FCC cross ownership rules, but Gannett might or may not be interested in that station)
WHO_TV (NBC) Des Moines (Gannett owns the Des Moines Register)
WQAD (ABC) Moline/Davenport
KFSM (CBS)/KNXV (My) Fort Smith, AR

So who knows what might happen next in that saga?

Say what?

Why would Gannett dump 3 & 61 after guaranteeing the loans for Jack Sander to buy them?

 

[dgendvil]

I thought Tribune would be good for KTVK/KASW.

 

[michael hagerty]

I thought Tribune would be good for KTVK/KASW.

Do you understand that there is no logic to that answer whatsoever?

Without starting up the conspiracy theories again. Gannett could have simply put KTVK/KASW on the market and sold them to the highest bidder. Instead, they chose to support and help the creation of a sidecar company to spin them off to...and is putting its own credit on the line to guarantee the loans.

Clearly, they find that arrangement preferable to selling the stations to another big chain. And decisions like that always have a reason, usually involving finance.

 

[michael hagerty]

Also, my understanding is that Tribune doesn't have to spin anything other than one station in Ft. Collins, Colorado that simulcasts KDVR.

Tribune did this deal because in one move it makes them the 4th largest station group in the country, and the largest that isn't a network owned stations group.

There is no reason for them to dilute that, having achieved it.

 

[Dave Andrews]

Being that channel 12 is one of the hardest stations to pick up OTA, it would be a smart idea for Gannett to move the peacock to channel 3.

 

[KeithE4]

Being that channel 12 is one of the hardest stations to pick up OTA, it would be a smart idea for Gannett to move the peacock to channel 3.

That'll happen right after the Cardinals win a Super Bowl. ;D

 

[michael hagerty]

Being that channel 12 is one of the hardest stations to pick up OTA, it would be a smart idea for Gannett to move the peacock to channel 3.

That'll happen right after the Cardinals win a Super Bowl. ;D

Not even that soon.

Has NOBODY read the memo of how the Gannett-Belo deal works in Phoenix?

We actually live in an age where the memo itself can be read before lunch the same day and nobody's done it weeks later....

 

[landtuna]

Being that channel 12 is one of the hardest stations to pick up OTA, ...

I would say 8 then 10. I never have a problem with 12.

 

[Azlen]

DirecTV and Time Warner Cable are urging the FCC to block the purchase.

http://www.deadline.com/2013/07/directv-time-warner-cable-aca-fcc-block-gannett-belo/

 

[landtuna]

.

 

[Sammi Brie]

"...a top-four rated independent in Phoenix..."

KTVK's top four? Then is KNXV #5?

 

[KP]

Gannett laid off 200 people nationwide today, including 29 people @ the Republic...both veteran and newbie reporters/editors...more cuts coming to Repub Monday...

:-(

 

[formeraa]

Gannett laid off 200 people nationwide today, including 29 people @ the Republic...both veteran and newbie reporters/editors...more cuts coming to Repub Monday...

:-(

Sadly, we would rather read free news at yahoo.com.

 

[ihEARDtHAT]

Gannett laid off 200 people nationwide today, including 29 people @ the Republic...both veteran and newbie reporters/editors...more cuts coming to Repub Monday...

:-(

Gannett's U.S. Community Publishing newspaper division and a handful of other subsidiaries have now cut an estimated 223 218 jobs across at least 37 35 worksites, according to Gannett Blog readers.

Phoenix layoffs include 35-year reporter/editor Lori Baker

http://gannettblog.blogspot.com/2013/08/urgent-layoffs-job-eliminations-now.html

http://www.bizjournals.com/phoenix/news/2013/08/01/laid-off-republic-staffer-knew-what.html