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Showing content with the highest reputation on 04/11/16 in all areas

  1. Inside Edition tapes at 3pm and 4pm eastern. Live-to-tape, which means it doesn't get edited. WLS must take it live. Fun fact, if there is ever a mess-up in the 3pm version, they put up a slate during each local break that says something to the effect of "take next feed due to technical difficulties" for stations that air it later.
    5 points
  2. Which means if the whole team was on air yesterday, then that means they didn't take the buyout.
    4 points
  3. He died!? Wow. That's completely shocking. He's been there for a very long time and its sad that his illness over the last two months is what killed him. This is so awful. I hope staffers from 'rival' stations can work for WKRC when the staffers can attend his private funeral services, whenever that happens. It would be very respecting and amazement for other stations to do for WKRC in this very shocking time. Anyways, RIP to one of Cincy's great weathermans because he truly died, doing what he loved.
    4 points
  4. Does someone have a higher quality video of the incident?
    4 points
  5. You said the same thing just about a year ago. Please, stop with your guessing games. We know there are at least some updates opens coming just from some of the anchors' social media accounts but that's all. Let's wait until WABC actually debuts something new and then we can comment away.
    3 points
  6. But if TEGNA dare to launch a second buyout, Regina might be gone. Remember, that not all TEGNA station got hit with the buyouts on Friday. So if TEGNA plans to buyout more people, that means more money for the company.
    2 points
  7. On today's episode of "As All My Young and Restless Days of our Daytime Drama Lives Turns": http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-kelly-ripa-live-20160422-story.html http://m.tmz.com/#article/2016/04/23/kelly-ripa-michael-strahan-live-abc/ Kelly will be back to work on Tuesday. She needed some time away to process this all. There's a distinct possibility Michael may be gone before September. ABC has given Kelly assurances Live won't be cancelled, although if GMA expands, it could get moved to 10am.
    2 points
  8. We've heard this before- probably not gonna happen. At least for a while.
    2 points
  9. I play this while playing with my little chopper 8's...we play "fire" and "earthquake". When we play politicians...we use cut 2.
    1 point
  10. Very nice breakdown. Once the buyouts are over, what will be left to cut? Sales better her busy.
    1 point
  11. The early retirement buyouts are a "cost control" measure. Payroll (and benefits) are usually the largest expense for most companies. So, when looking to keep expenses in line unfortunately that is one of the first places they look. These types of (or, similar) buyouts are happening at all types of companies healthy, unhealthy and those somewhere in between. Those currently closest to retirement age often have larger salaries due to tenure and a lot of them may have a pension (along with other retirement benefits) as well. Obviously, they can't just layoff everyone over 55...that would be age discrimination. But, there is nothing preventing companies from discriminating favorably against older employees...enter early retirement buyouts. Not only does this allow them to lower their payroll by replacing higher salaried workers with new low salaried employees. But, with the rising cost of insurance obligations as well as adding to years of service for pension obligations most companies want to gain a handle on those benefits as well. By convincing them to leave active employment they can gain some control and certainty around those future benefit obligations. I'm not saying I agree with the tactic but, just pointing out why it's being done. TEGNA's current cash flow has been sufficient to cover their debt obligations. They repaid $587 Million in 2015. Although, that was offset by $200 Million in new borrowing so, the Net reduction was $387 Million. And, large portions of that debt doesn't mature for several years. Yes, I would agree that indirectly the buyouts help in regards to their debt. But, I wouldn't necessarily portray them as teetering on the brink of insolvency. Let me give you analogy. Now before I start I will say this isn't the best analogy...it's a bit apples vs. oranges...but, I think it might help illustrate what I'm saying better. Let's say I have stable employment/income, modest savings, a decent sized "debt load" in the form of a mortgage and car loan. Although I have those debt obligations all my bills are paid on time and there is still some free cash left cover, etc., etc. One day after analyzing discretionary spending in the household budget I decide that some expenses are on an upward trajectory and need to be reigned in a bit. This doesn't mean I can't afford them or pay all of my current bills, it's more of a long-term budgeting thing. So, I make the decision to pay an ETF (or, "buyout") to get out of the remainder of my Cable TV contract and replace that with a cheaper month-to-month streaming TV service. Likewise, I do the same for my cell phone service paying an ETF (or, "buyout") to move to a cheaper service. Now, does this mean I'm on the brink of foreclosure or bankruptcy? No, not by any means. Sometimes things are simply done to control costs because the person (or, persons) in charge of the budget feels it's the fiscally responsible thing to do. A similar principal can be applied when looking at the business world. Now am I a fan of people being forced out of their job...Heck No! And, yes I'm aware that my analogy compares peoples livelihood to discretionary tv/phone service...again it's not the greatest analogy. The point I'm trying to make is that sometimes X doesn't always equal Y. Just because I cut expenses out of my personal budget doesn't mean necessarily I'm struggling. And, likewise the same can be said for a buisness It's considered "supplemental income" by the IRS so it's subject to a higher withholding when the check is issued. Compubit already touched on this above but, most employers choose to withhold a flat 25% for the Feds on a single check (versus using an aggregate method when "supplemental income" is paid out on regular paychecks.) Now, once you add in any state and local withholding you could easily push 40%...I know first hand. With that said it's important to note that all income is taxed the same at filing time. These are just withholding rates. So, It all comes out in the wash at tax filing time.
    1 point
  12. TEGNA. Where we sell people in exchange for more money... *sarcasm*
    1 point
  13. That might actually have been the first time We're Your Kind of People ever aired.
    1 point
  14. Tegna allowed GMs to exempt some people from the buyouts. Many stations exempted the on-air people. KVUE didn't exempt anyone, thus the exodus we are seeing now.
    1 point
  15. He'll stick to just the weekend evening newscasts.
    1 point
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