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dman748

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    2014

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Everything posted by dman748

  1. dman748
    KTVY (now-KFOR) from sometime in early 1982 https://youtube.com/watch?v=Wye7QRf4hn0&si=3lWn9SiB1dcbyn2Z
  2. dman748
    And Judge Lopez has ordered Diamond to pay the affected teams in full within 5 days So buckle your seatbelts folks, things is about to get very interesting in a hurry.
  3. dman748
    The News 9 Now subchannel is having major technical difficulties, can't even replay the main stations Noon show as well. This is all part of this move, they have to get the kinks worked out.
  4. dman748
    The current KWTV facilities will not be torn down. In fact Griffin Media is donating EVERYTHING in the current building to Langston University with Langston set to move it's Journalism Program to the Kelley Ave Studios in January
  5. dman748
    Just looking at this thread and honestly, Perry must be high on Sudafed drugs if he thinks he's going to get live sports on the CW. Many of the major sports contracts are locked up until the late 20s and heading into the 2030s (even local/regional rights deals are locked into that same timeframe) so how's he going to get them? NEWSFLASH: He can't
  6. dman748
    KTEN from 1994 and it features a minute long news intro
  7. dman748
    Which means that there is a distinct possibility that both Standard General and Apollo gets nailed by the FCC for lack of candor. I know for certain looking at previous documents both with this deal and when Apollo acquired Cox a few years back there was no mention of them doing business in the Cayman Islands, British Virgin Islands or Bermuda.
  8. dman748
    According to the SEC filing there is a termination fee of $163 million and to address @GoldenShine9's question about when Tegna could terminate this deal, the earliest they could get out of the deal with Standard is in May of next year.
  9. dman748
    That's a big one right there. I literally had no idea that Kim/Standard never bothered to address Apollo's involvement with this deal to the FCC.
  10. dman748
    I have a theory in mind that I'm going to take over to Speculatron 9000 regarding Cox (what's left of it) and Graham
  11. dman748
    The fact that Graham Media has filled a petition to deny this merger says a lot about where this merger could be heading towards. I've never seen Graham this much outspoken for or against a merger of a competitor, ever.
  12. dman748
    That's weird because it worked just fine on my end. Usually Weeters is on there and I know Myron has been frequenting this particular thread I can simply private message them and let them know what's going on.
  13. dman748
    And now we have our first look at the Comprehensive Exibit on the deal. Some of the notable highlights: We're seeing a good ole facility swap in Dallas No divestitures are being addressed The WFXT group is tentively called Teton (and it looks like it's somewhat connected to Cox I'm not sure about that one) Either way I probably got confused reading that whole exhibit.
  14. dman748
    It also didn't help that Tegna thought it was worth close to $10 billion as a complete set either.
  15. dman748
    If you're saying that P.E. firms buys broadcasters just to flip them in like 3 years max (which that's what it sounds like to me) then WFAA/KVUE/KHOU's time under Apollo should then be a brief one (whether they decide to cash out within the next year or Apollo is forced to sell off Cox because of the DOJ considering Tegna and Cox to be one company) The fact that the only bidders were a P.E. firm that tried not once, but twice to take over Tegna and Byron Allen that really goes to show how much consolidation has eaten up this industry and why I might strongly consider entering into the public sector after I finish my Bachelor's in a few years.
  16. dman748
    LMAO.. In all seriousness the more I think about it the more I think the press release was probably misquoted or something to that effect, I think that new group is probably setting up a "shell" for WFXT (and actually likely WFAA/KVUE/KHOU too) or Kim is essentially taking Tegna and using the divestiture tool to break up the whole Tegna chain knowing full well that the DOJ would probably treat all 3 entities as one large company. It actually puzzles me why they would actually form a separate company within Standard to run WFXT that would also have the voting rights to the new Tegna yet, Apollo (Cox) won't have any voting rights at all. EDIT: Just read the New York Post article about this deal and it's a holding company that's buying both Tegna and WFXT separately and it would be ran separately. This deal needs to be reworked a bit when they file the application with the FCC, I already have wayyyy more questions than I do answers.
  17. dman748
    Yeah I think regarding both of them I think we need to wait until the FCC filings get filed, the only thing I can think of it might be an error in the memo.
  18. dman748
    Here's the press release regarding the WFXT acquisition and it notes that Standard is creating a whole new media company (separate from Tegna) centered around WFXT
  19. dman748
    My thinking is that I've completely disagreed with Myron on the part of the Government rejecting this deal outright, we need to wait until we see the papers filed at the FCC before jumping into conclusions but what my opinion is that unless it's structured something to the effect of Standard/Apollo making divestitures to include a spin-off of Cox into it's own independent company (which would consist of primarily the original Cox stations, the former Texas Belo stations and I will include KENS in that one and the current Standard stations) As it is structured now I DO agree with Myron that it will ultimately not pass regulatory muster.
  20. dman748
    For the moment, no.
  21. dman748
    Bloomberg is now reporting that Standard/Apollo are nearly a deal to buy Tegna for $24-a-share What's interesting is that what's included is that the shares will increase if the regulatory approval takes a long (and I mean a long) time to approve (which is a possibility). A deal could be announced as soon as later this morning.
  22. dman748
    Which in past experiences with P/E firms being in the business they don't give raises so I really don't expect Standard to do that with the Tegna stations unless Kim decides to step in and give the employees pay raises (which I have my doubts he would do that)
  23. dman748
    While I do agree that Apollo wouldn't be any better however, we still don't know whether or not Tegna's employees will be the "real victims" because other than Apollo not having voting rights there is still way too many unknowns with this deal. And we won't know that until the ink is finally dry.
  24. dman748
    Bloomberg is reporting that TEGNA is in advanced talks to sell it's broadcast group to Standard/Apollo for $24 per share Details (which are limited considering the paywall): Apollo is backing this bid and will recieve perferred shares in Tegna's stock but will not get voting rights The deal coulld be announced the next few weeks
  25. dman748
    Kelly Ogle is transitioning to a new role at News 9. His last newscast will be tomorrow night and then after that he'll be doing occaisional "Special Reports"
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