Bengalsfan said:
Well color me surprised. I figured they'd been moving to Chestnut Street. Wonder what this means for WHAS news on WBKI now? And knowing how Lynn operates, WDRB/WMYO will be footing the bill for all this, too.
Unfortunately, I am not really surprised at all, as this is "just the latest trend" in station owners getting more and more signals, in areas that could potentially be better served by other groups and owners. As much as I could not even begin to imagine how terrible any TV station owned and operated by LM might be, it would likely present some opportunities for someone as a neutral programming source or unaffiliated owner. (there were days that you had competition in media markets, and creative people who came up with new ideas on how to make something work)
Now, with the consolidation of TV stations, DTV channels/sub-channels etc, all under one owner/managers control, we seem to be simply repeating some of the really stupid Clear Channel, and Cumulus moves in radio to TV. For the most part, these stations are not doing anything with their additional channels, but they seem bent on making sure that any other "main channels", fall under the control of the same folks who seem to be screwing up what was already available...
But, back to the main subject, These "deals", as far as the purchase, and the agreements to operate, are usually done well in advance of the purchase, the source of the money, although presumed to be from the "buyer", has always been questionable, and the "lack of control of the station after the purchase" has always seemed "smelly" to me. This is so reminiscent of the minority and female front men used to purchase stations years ago.
I guess some things will never change