tyrannical bastard 3958 Posted March 26, 2012 Share Posted March 26, 2012 http://www.reuters.com/article/2012/03/23/us-exclusive-providence-idUSBRE82M11X20120323 Perhaps the Private Equity fad is beginning to die off? Could Oak Hill be next to spin off Local TV LLC? I wonder if Newport could spin off into its own company and go public? Link to comment https://localnewstalk.net/topic/11816-providence-equity-putting-newport-television-on-the-block/ Share on other sites More sharing options...
TexasTVNews 1377 Posted March 26, 2012 Share Posted March 26, 2012 Any company would definitively purchase Newport Television, but please not Sinclair. Anything but Sinclair. Link to comment https://localnewstalk.net/topic/11816-providence-equity-putting-newport-television-on-the-block/#findComment-72176 Share on other sites More sharing options...
susquvalleywgal 517 Posted March 26, 2012 Share Posted March 26, 2012 Interesting how this is happing when CBS21 WHP is on the cusp of completing the HD News conversion. Very interesting ... Link to comment https://localnewstalk.net/topic/11816-providence-equity-putting-newport-television-on-the-block/#findComment-72178 Share on other sites More sharing options...
stevieboy247 42 Posted March 26, 2012 Share Posted March 26, 2012 Any company would definitively purchase Newport Television, but please not Sinclair. Anything but Sinclair. For me, I'd like to see the company merge with either Raycom or Nexstar. I just hope Sinturd does'nt even come close to purchasing Newport. Link to comment https://localnewstalk.net/topic/11816-providence-equity-putting-newport-television-on-the-block/#findComment-72189 Share on other sites More sharing options...
Samantha 2896 Posted March 26, 2012 Share Posted March 26, 2012 Raycom or Nexstar would be similarly too large to consider a purchase like this. Raycom would have to divest Memphis, and Nexstar would have to divest Little Rock and something in Jacksonville. Link to comment https://localnewstalk.net/topic/11816-providence-equity-putting-newport-television-on-the-block/#findComment-72193 Share on other sites More sharing options...
qunewsguy 377 Posted March 27, 2012 Share Posted March 27, 2012 Could be interesting to see if LIN picks up some or all of the northeast group, given that they've got a New England cluster in place and a hub in Springfield. Link to comment https://localnewstalk.net/topic/11816-providence-equity-putting-newport-television-on-the-block/#findComment-72201 Share on other sites More sharing options...
montevallomatt 0 Posted March 27, 2012 Share Posted March 27, 2012 If LIN did buy Newport, would they have to sell WPMI or could they form a triopoly with WALA and WPMI? Link to comment https://localnewstalk.net/topic/11816-providence-equity-putting-newport-television-on-the-block/#findComment-72207 Share on other sites More sharing options...
TennTV1983 804 Posted March 27, 2012 Share Posted March 27, 2012 If LIN did buy Newport, would they have to sell WPMI or could they form a triopoly with WALA and WPMI? Chances are one of the two duopolies in Mobile (Newport also owns WJTC) would have to be sold to another company (with Raycom being the most likely suitor). Link to comment https://localnewstalk.net/topic/11816-providence-equity-putting-newport-television-on-the-block/#findComment-72211 Share on other sites More sharing options...
T.L. Hughes 890 Posted March 27, 2012 Share Posted March 27, 2012 For me, I'd like to see the company merge with either Raycom or Nexstar. I just hope Sinturd does'nt even come close to purchasing Newport. Any company would definitively purchase Newport Television, but please not Sinclair. Anything but Sinclair. I doubt Sinclair would buy it, it would have to divest its San Antonio duopoly of KABB/KMYS in order to get WOAI-TV (unless it transferred those two stations to Cunningham), Sinclair is also too large of a company now to begin with. For Nexstar, WLYH is operated by the company but if it bought the station, it would have to use Mission Broadcasting to purchase it; and Rochester would might not be possible since Nexstar doesn't do virtual triopolies, just virtual duopolies (Newport owns WHAM, Nexstar owns WROC and operates Sinclair's WUHF). Link to comment https://localnewstalk.net/topic/11816-providence-equity-putting-newport-television-on-the-block/#findComment-72216 Share on other sites More sharing options...
ColumbusNewsFan 217 Posted March 29, 2012 Share Posted March 29, 2012 Any company would definitively purchase Newport Television, but please not Sinclair. Anything but Sinclair. I'm about to say this shockingly for me......But you can do MUCH worst then sinclar they are at least showing effort. Nexstar....NOW THAT is worst! Link to comment https://localnewstalk.net/topic/11816-providence-equity-putting-newport-television-on-the-block/#findComment-72282 Share on other sites More sharing options...
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