From what I've seen, neither Scripps nor Nexstar are in any financial or investment position to buy a bunch of rural or medium-market stations.
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Sinclair looks to sell 30 percent of their TV stations and the Tennis Channel
- Thread starter DarrenVision
- Start date
Hearst duopoly with WISN? Fox buying WVCY and buying the MNTV affliation rights once aired on WCGV?
Are we talking about companies like Morgan Murphy, News Press-Gazette and Allen Media getting the divested Sinclair stations.
Disney or Hearst? I wanna throw in WJLA, KTUL, KATV, WBMA, KDNL, and WXLV. The latter both really sucked tho since their not really strong in the ratings since Fox took over KTVI and WGHP (both owned by Nexstar).
That would be a tricky one. Hearst would be a good choice to acquire WVTV should they pursue the CW affiliate. As for Fox going after WVCY, that will take a prayer, unfortunately.
One of the most likely scenarios could be Central Washington State. The NBC, ABC, and Fox stations are in sync with the Spokane stations, and at this rate it could be the opportunity for KREM‘s parent company TEGNA to move in and solidify a CBS presence that would benefit KIMA/KEPR/KLEW.
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You are aware that VCY will never, ever sell channel 30, right? They didn't to CBS thirty years ago and they won't do it now, to Fox or anyone.
Until VCY America decides that FM radio is their only future lane for expansion, they aren't sacrificing their lone TV outlet.
But what if KIMA/KEPR/KLEW doesn't make enough to justify lenders lending money to even TEGNA? And, since TEGNA has been on the for-sale/merger block for quite a while, why do you think they'd be in any position to add more debt to purchase more stations?
Gimme proof that Tegna is up for sale since the failed Standard General/Apollo deal.
The deal with Standard General merger fell apart due to regulators not approving the merger and the financing expired. Since then, TEGNA has been continuing to look for another potential suitor that wouldn't be blocked. Do you really think that selling or merging is a one and done proposition? Really??
Tegna scraps $8.6 bln Standard General deal after regulatory pushback
Television station operator Tegna Inc said on Monday it has terminated its merger agreement with hedge fund Standard General after several regulatory hurdles.
They can go alone and they can add nearly 7 percent to reach the 39 percent cap so thats were Sinclair steps in to sell to any buyer including Tegna.The deal with Standard General merger fell apart due to regulators not approving the merger and the financing expired. Since then, TEGNA has been continuing to look for another potential suitor that wouldn't be blocked. Do you really think that selling or merging is a one and done proposition? Really??
Tegna scraps $8.6 bln Standard General deal after regulatory pushback
Television station operator Tegna Inc said on Monday it has terminated its merger agreement with hedge fund Standard General after several regulatory hurdles.www.reuters.com
It would have to be Tegna, Bahakel or Cox. Most likely it would be Tegna.
In case of the Carolinas, I could include Charleston, Myrtle Beach, Greenville, Raleigh-Durham or even Savannah and Norfolk in case of the Carolina borders. I could also throw in WMYV to supplement WFMY.
I wouldn't be surprised if Byron Allen puts his name out there and says he wants to buy the 60 Sinclair stations, I wonder if WWMT is on the block. Which Byron Allen could buy most most of his cheap syndication shows on indie ARC WMI on DT2, I hope Byron Allen doesn't buy a TV in West Michigan.
Hes a shareholder in Bally Sports ironically
You don't seem to understand the financial aspects of buying broadcast properties. Just because a group is under the ownership cap and could purchase more stations, doesn't mean they have cash reserves or lines of credit to do so. These groups are also under the limits held by their boards of directors. If a batch of stations is up for sale by a larger group, there's a reason. The typical two reasons include: A) The stations aren't generating enough revenue to keep them. B) The markets these stations are in have been in, or are forecasted to be in an advertising-downward slide.
Neither of the aforementioned reasons would allow any station group or network to purchase stations just because they could.
Guess none of you are tennis fans. I am, and am wondering about potential buyers for Tennis Channel. Tennis is still nowhere near its mass appeal of the Connors/McEnroe/Evert/Navratilova years, or even the Williams sisters-driven mini-boom in women's tennis of about 20 years ago. In this depressed advertising environment, would anyone want to acquire it, and if so, would it still continue as a linear channel? It already has a free FAST channel (T2) and an on-demand streaming channel (Tennis Channel Plus), but most of the matches featuring the sport's big names are carried on the main, linear channel.
There's likely a single reason why there isn't a line to purchase Tennis Channel. It doesn't make any money.
Since the advertising climate isn't looking better, then why would someone be interested in acquiring a niche cable channel?
In my opinion, it is a lot like niche channels that feature classic NBA games, or classic golf. One you've watched particular games you fondly remember, you're done. That, and with the hundreds of niche specialty channels on the various fast and streaming platforms, channels like this get lost in the pile. Anymore, if a channel doesn't stand out, it may as well not exist.
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