ABC 7 Denver

Sounds like WCPM to me. I recognize their instrumentation and the overlay of the EWN sig is peak laziness indicating WCPM.

Then even more! Pay your journalists more than minimum wage.

I'd argue that if you set runs $200-$300K, you should invest that in more journalists.

Again, as I said, there's been no data indicating a ratings bump because of it.

Sets are a big waste of money.

No. It does look stupid, but it's because Cox doesn't have a clue.

2013. It was holding up nicely and sets cost a lot and don't contribute to a ratings bump.

It's already in the pipeline. KCNC didn't need a new set. https://www.cbsnews.com/colorado/pictures/cbs-colorado-new-set-construction-behind-the-scenes/

CBS doesn't care about uniqueness. They prefer complete brand alignment.

It looks like an update of the previous set but with new flooring. I'll be interested to see what the anchor desk looks like.

That won't happen though. In the CNBC article that I shared, it said, In that case, Sony would have kept Paramount and the studios, while Apollo would have taken CBS - and likely would have started to sell it for parts like they have done with Cox stations, maybe even reorganizing Cox stations around CBS.

Dude, environmental disaster recovery have been a reasonable possibilities for decades! Are you saying that it's somehow more likely because of the climate crisis? I'm not sure it's going impact stations in isolation. Many cities will need investment to rebuild.

And you can see how well SBC has done as AT&T Mobility. Cell service still largely relies on POTS and ISP provide the data services (coming from a former Lumen Network Eng ) We've seen consolidation, but companies like Lumen Technologies, Comcast, Dish, Charter, Cox, Frontier, Altice USA, and several hundreds of other LECs wouldn't exist without the AT&T breakup.

The irony here is that Fox has a 17.6% minority state in FanDuel

Not with the way that Skydance produces sequels as almost half their projects. The deal will be confirmed this week. Just pushing this ahead of the announcement.

https://www.cnbc.com/2024/06/03/paramount-skydance-merger-deal-update.html https://player.cnbc.com/p/gZWlPC/cnbc_global?playertype=synd&byGuid=7000341982

This is Vulture Capitalism for you.

What is excess profit? Corporations are in businesses to provide value to shareholders. Persistent growth is the objective. There is no such thing as excess profit.

Finally! The bug is aligned.

We're going to see more stations folding!

Perry Jr. doesn't have a resume. Dur. Perry Sook is menial. Would you like me to county the ways?! I have laundry list. Exactly my expectations. WPIX means little to any other organization as it does to Nexstar, who runs a significant portion of their miserable cable channel out of it.

I've said before that Nexstar could experiment by hubbing all 3 Colorado markets out of Denver and airing a standardized broadcast schedule with local cut-ins, while, of course, sales, ads and management were all Denver-based as well. RE: NewsNation burdens under-paid local staff to develop additional packages and remotes outside of their normal workflows. Trying to do more with less and stations are already as stretched as they can be. I wasn't thinking about Scott Jones at all. I was thinking about their stock price, their green-screen sets, their lowball offers, cost-cutting into irrelevance. For example, the Creative Services Director for KMGH/KCDO is now responsible for KOAA and is being paid the same rate as he did when he managed two stations. He's also using the same budget for the one station (before KCDO was purchased). KOAA has seen a ton of reductions, as KMGH picks up the slack without any additional cost overhead. WPIX is only valuable to Nexstar both because of it's affiliation and because of it's footprint for NewsNation. It's a waste of money to anyone else. As I said, Graham isn't reasonable, and honestly, I don't think Scripps or Hearst is either. I was throwing ideas. TBH, Cox wants to milk everything for profit and I think they'd put up the money if they could absolutely destroy the station.

I see two additional opportunities. Sinclair is selling 60 stations as well. If a new player enters the arena, they could snap up whatever stations Sinclair wants to exit AND whatever Nexstar wants to sell to meet market cap. This second idea has some caveats. We don't know what Fox's position is on their O&Os are right now. They could be a buyer or seller. That might also be the play for Nexstar. Sell Fox stations to Fox, some in duopoly markets, and sign SSAs to manage Nexstar's CW assets in these market, or completely relinquish control of KDVR, KTXL, KSWB, WXIN, WDAF, WVBT. I'm sure there's an algorithm that they could use to identify audience cap and clearance to divest of the most appropriate stations. No no. Perry Sook is a pearl clutching, technophobic square. He believes in the sunk-cost fallacy which is why he's stupidly riding the NewsNation bong rip. He is a local manager who's duped everyone into some grand unifying vision that he's pulling out of his ass. Just like David Smith, Adam Symon, Dave Lougee and Bob Iger. None of these men are particularly shrewd when it comes to asset management. They fully believe in finding synergy in local news product and overleveraging their companies to expand rapidly, but the reality is that local news doesn't have any synergy. That's why it's LOCAL.

The way Scripps stock has tanked ($3/share), I can't see them being a buyer. They are far more in selling condition. Don't be surprised if that happens. WPIX would make sense for Hearst since they don't own a station in their HQ market. Graham would be weird. They don't own many stations and their only non-big 3 station is JXT which is news heavy and is a duopoly with WCWJ.

CSD: But we stole ABC's network slate design! GM: NO ONE WILL KNOW THE DIFFERENCE.