channel2

No deal has been announced yet.

2 hours ago, NowBergen said:

 

New York DMA represents 6.3% of TV homes.  WPIX is on VHF so no UHF discount applies.  That is a lot of stations to get to that number.  Is Nexstar/Sook willing to give up so many stations needed to stay under the cap if he did buy WPIX outright?  How does his vision of owning all CW affiliates play in this scenario?  I would also think other top 20 stations would not be considered for divestment.

Not even Pax TV got to own all its affiliates. The dream of the CW being all O&Os doesn't sound feasible to me.

Again, I point to UPN. After Viacom bought Paramount, they dumped all their NBC and CBS affiliates to make room for more UPN affiliates. If you want to own a network you had better go all-in on it.

The entire McGraw-Hill group sold for $212 million in 2011. I don't understand how prices are determined.

Given how Sinclair's stock is structured that would be difficult at best...

1 hour ago, Rusty Muck said:

Scripps took WPPX, KPXM and KKPX off the market after they sold WPIX. Given the very soft national ad market right now, it might be a blessing in disguise to offload those three.

I don't think they were ever on the market per se, but their inclusion in the Inyo deal was conditioned on the WPIX deal closing before the Ion deal.

I don't know if another sale to Inyo would pass muster right now. The FCC of 2020 was much more permissive than the FCC is now.

WPIX is a V. They own a ton of Ion stations that take up a lot of cap space for them. Though they might not have to unload too many stations given that all WPIX would do would double WPXN's cap hit.

32 minutes ago, Route66Fan said:

Nexstar did sell 6 other TV stations in 2016 to Heartland Media including:

KQTV, Ch. 2, St. Joseph, MO 

WAAY, Ch. 31, Huntsville, AL 

WFFT, Ch. 55, Ft. Wayne, IN 

WLFI, Ch. 18, West Lafayette, IN 

WTHI, Ch. 10, Terre Haute, IN 

KIMT, Ch. 3, Mason City, IA 

WAAY was a Raycom/Calkins overlap. Nexstar had to sell WFFT and WTHI as overlaps from the Media General buyout. I'm not sure why they dumped KQTV and forewent KIMT and WLFI but I guess every little bit of cap room helped.

I didn't say there was a problem. I suggested that was what they should do.

17 hours ago, Rusty Muck said:

Not only that, it would undermine every single one of their current Z-level sports deals. Why would NASCAR want to be with a network that no longer has two top 20 affiliates? Or the ACC? Or the PAC-2?

 

And just imagine the hell that will come when Mission is forced to sell WPIX to a company hostile to the CW, like Scripps or Tegna.

Can't Nexstar just buy WPIX and unload whatever stations they need to unload in order to make room for it? Because selling WPIX off to somebody else just smacks of Fox buying WWOR and KCOP in the Chris-Craft deal and thus having their hand on UPN's throat.

3 hours ago, JTT said:

Other shows that were not doing well on NBC, should be given a chance to continue another season on peacock, especially if they were on the borderline,  like Quantlum Leap.  This was a show they were also producing, instead of being canceled.  I understand the ratings were lower, but there were fans that were upset that this show was canceled. 

Or they could shop them around instead of automatically putting them into the black box that is streaming?

My first thought was Mobile-Pensacola...

Is that part of New Orleans' TV territory?

Aren't a lot of Gray stations in markets where Scripps and Inyo plan to claw back the Scripps Networks when the current deals are up?

3 hours ago, tyrannical bastard said:

The industry is such a mess, the streaming services can't even afford to keep EXISTING content that PAYING customers either are watching or want to watch.

 

I sense another A.A.P. situation where a equity firm or consortium of companies buys up dead content to license elsewhere.   What good is it doing sitting in a warehouse when it could be monetized, streamed or purchased outright?

What good is it doing sitting in a warehouse when it could be out there in the culture for people to partake in?

We talk an awful lot about money, money, money, but not so much about the social or cultural value of things.

16 minutes ago, nycnewsjunkie said:

So you’re still arguing that Gray is going to balk over the terms of affiliation when they already renewed with CBS?

 

Given that Paramount is dealing with more important issues, like cutting content on their streaming service, I seriously doubt that pissing off Gray over one Atlanta TV station is a high priority. Hell, TV stations in general are not their priority. Why are they going to pour money into starting a local news operation from scratch on a channel few watch when their affiliate is not only doing the job, but also showing ratings improvement?
 

And it’s not as though CBSMV fare can’t air elsewhere; the only CBSMV show on WUPA is Drew Barrymore. That’s it.

 

At the end of the day, CBS renewed with Gray, and they’re not going anywhere in Atlanta.

Balking when it's time to renew.

Also, Atlanta is a huge market. A top ten market. CMV fare can air elsewhere, but if it can't get a clearance in the market otherwise, that's what WUPA's for.

It might look like a useless hunk of junk on the outside, but there's probably plenty of reasons we don't see for them to keep it. And if they gave it up, there would be no easy way back into Atlanta for them.

On 6/22/2023 at 12:37 PM, GoldenShine9 said:

 

Just as I expected. The best move for CBS would be to sell WUPA.

I'm sure they'd be all too happy to give up a guaranteed outlet for CBS Media Ventures fare, and a threat they can use against Meredith/Gray when they balk at CBS's terms for WGCL/WANF.

17 hours ago, RaleighTVBOI1 said:

You know Telemundo tried that in the 90s dubbing some of Sony Pictures movies and shows in Spanish since that was there owner at the time, and some were there international imports. Because it was cheap, Turned out horribly and it was a big flop. I see the same happening here. 

Didn't they actually remake some Sony-owned shows? Like Charlie's Angels?

Is it that, or is it that the networks people watch didn't want LIV Golf?

2 hours ago, mre29 said:

 

And let's not forget the massive programming overlap with Ion.

 

As for so many of them still having the MNTV-based branding.... well, that's just laziness on their part. But there might be something else. Way back in 2006 when the CW was announced and Fox announced MyNetworkTV in response, stations were rushing to affiliate with one or the other, including changing call letters (sometimes for the first time in decades) -- as if "independent" was a four-letter word.

 

This was especially surprising as Fox was using MNTV to test a format that was new, at least here in the US:  Telenovelas. Dramas that ran five nights a week for thirteen weeks, then ended; 65 episodes and out, replaced by another show of the same length. It didn't go well at all, and the telenovelas were reduced to two nights a week in March 2007 before being eliminated altogether. The switch from network to programming service came in 2009. All those stations that had rushed to affiliate with MNTV and change their call letters and branding probably felt foolish when the whole thing collapsed.

 

Personally, I think Fox's announcement of the switch to a programming service should have included a request that affiliates move away from their MNTV-based branding. But the aforementioned fear of the word "independent" was likely still at play.

 

I mean, the creation of the WB and UPN was in large part driven by independents' fear of being outcompeted not only by network affiliates and the nascent Fox, but by cable networks...

And considering how much bigger cable was in 2006 than it was in 1993, when those two networks officially threw down the gauntlet...

29 minutes ago, Rusty Muck said:

They’d probably be penalized tax-wise for selling them and in the case of KSTW, there’s no one to sell it to. Ditto with WUPA.

Somebody would probably want the spectrum...

Also you've gotta love big corporations and their aversion to paying taxes. They'd rather be in a cash crunch than pay taxes!

Doesn't Paramount need money bad? Wouldn't selling off KSTW or WTOG for cash help with that?

They hold some minority interest in Sarkes Tarzian, Inc.

1 hour ago, GoldenShine9 said:

 

They still don't have 100% penetration in Georgia, as they need to get into Chattanooga and Jacksonville for that. 

They own WKSY-LD in Rome, which is part of the Chattanooga market.

7 minutes ago, nycnewsjunkie said:

Don’t take this the wrong way, but I don’t understand this elevated perception of Deb McDermott. She runs just four godawful stations, yet I get the impression that people view her as some sort of broadcasting royalty.
 

The only thing she’s known for is turning Young/Media General into a massive behemoth that got sold off to Nexstar; that does not count as a positive contribution to journalism or the industry in my book. I don’t really give a pig’s fart if she’s collateral damage of Soo Kim’s irresponsible greed.

Oh she was at Young well before that, when Vincent still ran it.

I say this as someone with no ties to DFW, but my heart doesn't exactly flutter over the prospect of KXAS's star 5 being canned.

1 hour ago, Georgie56 said:

 

Also consider that Florida is a hot political state. 

So was Ohio in 2019!