mleach said:
I too can see Ion, the CW, and MyNetwork being defunct within the next 5 to 10 years ( if not sooner ) but the big four..they will be around for awhile.
The big changes I can see will be on the local station front. I wouldn't be surprised if we would see the merging of some markets while others will totally disappear.
And sadly I can see a number of stations end up going dark in the future too.
This leads to a vexing question: From the potential ruins of MyNetwork, The CW and Ion, does anyone foresee the creation of a fifth major TV network?
I don't know if such a thing is viable in this current climate. Off the top of my head, a major U.S. entertainment company that could form such a network is Time Warner. However, I don't think they'd be interested. Plus, with their experiences with The WB and, now, The CW, they might shy away from any future major OTA ventures. That's not to mention the losses they incurred with AOL.
That would be unfortunate because, with their considerable resources, they could have made a serious go at it. One of the problems with The WB was that they went totally niche. That makes it hard to sustain for the long term. They had a good run with shows like
Buffy, the Vampire Slayer and
Gilmore Girls. However, once those shows finish their cycle, they needed to keep pushing those hits or the young population becomes uninterested. The CW is basically The WB but with better coverage. People here already have doubts about their survivability. If NBC can have
NBC Nightly News and MSNBC, then Time Warner could have a weekday nightly news program while keeping CNN. Why not, then, have the NY1 News crew do the nightly news programs? I don't think having some of their news anchors do a nationally-televised news program would be a problem. Sports programming is another issue. My guess is their thinking is it is better to keep their sports programming exclusively on TNT and TBS than put some games over the air and risk losing money on them. Too bad, because I think that putting a Sunday game-of-the-week on, let's say, WPIX or KTLA, could get potentially more people to watch. But with their history of providing television shows to the other networks, I still think Time Warner would a natural candidate to start a true network.
A couple of things to consider, as well:
Both the Tribune Company and Ion Media are in bankruptcy. If either or both do go out of business, there would be a ton of stations in play, including the "crown jewels" of the Tribune empire like WPIX, KTLA, WGN and WPHL. Those stations are still valuable, IMO. Then throw in many from the Ion group, to fill most of the holes in the rest of the country, toss in a fallen giant like KRON, throw in a bunch from the other station groups and you might something that's interesting. Of course, you still need programming to make it all work.
Which comes to another suggestion of mine: Why not allow foreign television group entry into the U.S. market? Back in the day, Rupert Murdoch had to perform a bunch of shananigans to qualify for U.S. citizenship, allowing him to run the Fox Network without FCC rejection. Today, with the state of the media and Time Warner not seeming to be interested in running a true TV network, perhaps it is time to open up the U.S. OTA market to foreign media groups. Surely, the British television groups regard the U.S. broadcast television market as a big business opportunity, if they would be allowed to operate a U.S. network here.
I do agree that some consolidation has to take place. Perhaps shutting down networks that make little to no sense in terms of corporate mission, like the CW/Ion/MyNetwork and creating a fifth major network out of ashes could do the trick. I still think it is all moot, as to my 2027 prediction I made a page ago back.