Jump to content

Leaderboard

Popular Content

Showing content with the highest reputation on 05/17/24 in all areas

  1. It was her choice to downshift. She has done just about every shift there when she was alongside Cynthia Santana and John Davis since she got back to Chicago. She wanted more time with family. I agree that Ed should have more (but it’s his call if another promotion was in the books). When it comes to anchor talent, I’ll give Jen some credit for at least having a few Local native roots pairs anchoring. Jim, Marie, Ryan, Dana, etc.
    3 points
  2. WRCB Local 3, the Sarkes Tarzian-owned station in Chattanooga, is in the process of replacing their decade-old set and are currently doing their newscasts from temporary setups throughout their building.
    2 points
  3. Someone created a convenient map showing which stations are on GrayONE and which ones are still waiting in the wings. https://www.google.com/maps/d/u/0/viewer?mid=1LmIglmqEZChaFD9SKBPu1eZBN-_hVxE&ll=38.763369813494634%2C-99.3197914626852&z=5
    1 point
  4. We can only hope that IF Sinclair decides to sell, they won't bungle the sale by trying to hold out for too much money. They probably should have cashed out years back, or better yet, never bought some of their stations to begin with! Chances are, these sales may only happen by force if the creditors take hold of Sinclair in a bankruptcy filing if they get too far gone, then the stations will literally be auctioned off to the highest bidder.
    1 point
  5. I honestly hope that KTUL is one of the stations that gets sold. They’re a good station. They just need a bit of TLC. It’s a real shame how far they’ve fallen. Don Woods is rolling over in his grave.
    1 point
  6. Perhaps this "cash grab" Sinclair is trying to accomplish is Chris Ripley's last chance before the board sends him packing. His reign has been a disaster. Starting in 2017 when they were chasing Tribune and bungled that deal to foolishly pass off WGN's new owners as an "unrelated entity", even the Trump-friendly FCC chair sent the deal for review. Tribune backed out, sued Sinclair, and ended up merging with Nexstar to make them the super-broadcaster Sinclair could have been while the UHF discount window was open. Then, they thought they won the lottery when they first got the Cubs away from WGN, and later picked up the former FOX RSNs, only to see those devolve into bankruptcy and drive the company even further into peril, as they were saddled with baggage from paying off lawsuits and consent decrees from their corporate incompetence. Then came the layoffs and shutdowns of news operations across the country. And to think they're only now considering selling off their stations to make a buck? They should have never bought half of them to begin with. You thought the RSN's were worthless. After the stripping and cost-cutting Sinclair's done to them, there's no sane buyer that would take some of these on....
    1 point
  7. I think a lot of people are going to be severly disappointed when a bottom-feeder no-budget company like INSP or Vision/Coastal winds up buying these stations instead of these pie-eyed fantasies. Instead of playing speculator, let's just look at these indisputable truths. And they aren't pretty: The television industry is not a buyer's market in any sense of the word and hasn't been since interest rates got raised substantially The few remaining megachains—Scripps, Tegna and Gray—are either too built up or are already in many of these existing markets. Hearst doesn't buy anything unless it's a gigantic waste of money like spending $200M+ for freaking WBBH in a older market in a permanently uncompetitive state politically. Great thinking there, y'all. Apollo Global Management isn't buying anything and may be forced to sell off Cox Media Group if their stupid fever dream of buying Paramount actually happened. Graham isn't buying anything because they just don't. The networks ain't buying anything, and one of them (CBS) is in limbo right now since Shari Redstone took it off the market. The FCC might just repeal the UHF Discount rule (again) just to further erase anything Pai did and not grandfather a thing The continued diminishing returns of retransmission revenue is only going to get worse. Those golden geese are no longer not laying eggs, they're entering hospice care and the likes of Nexstar don't have a plan B. So as you can clearly see... Sinclair is absolutely screwed.
    1 point
  8. we've come to a point where Scripps isn't much better.
    1 point
  9. Time to be realistic. Don't waste your energy speculating which existing broadcasters with cap space could buy these stations. It's not happening. These station sales will be the broadcasting industry equivalent of selling bundled mortgages or medical debt. Sinclair needs cash. The companies that will purchase these assets will be private equity investors who can drain these stations dry without remorse and then hold on to them until there is another opportunity to sell the spectrum these stations broadcast on back to the federal government.
    1 point
  10. And also sell KDNL, WNWO, WXLV to other companies too. We have had Sinclair's throat for too long.
    1 point
This leaderboard is set to Chicago/GMT-05:00
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue. By using Local News Talk you agree to the Terms of Use and Privacy Policy.