Journal Buying Nashville's WTVF

[CircleSeven 1960]

The B&C is reporting this morning that Journal Communications will acquire WTVF (Channel 5) in Nashville from Landmark Media Enterprises, for $215 Mil. Let see who will be snagging KLAS if that's on the market as well.

[T.L. Hughes 903]

It's actually good that someone other than Sinclair or Nexstar actually bought a station. Good for Journal. Although, I didn't even think Landmark was still selling off properties.

[energy812 0]

With WTVF (Channel 5 CBS) getting sold to Journal, WTVF's sister station in Las Vegas will switch from KLAS (Channel 8 CBS) to KTNV (Channel 13 ABC). It will be very interesting to see who ends up buying KLAS, that is if they decide to sell it or not. A lot of TV deals happening lately.....

[effseesee 101]

It's actually good that someone other than Sinclair or Nexstar actually bought a station. Good for Journal. Although, I didn't even think Landmark was still selling off properties.

 

I'm pretty sure Sinclair would love to get its hands on KLAS. Keep in mind that as part of their most recent affiliation deal, Fox can purchase KVCW and KVMY from Sinclair. Fox's affilation with KVVU (Meredith) expired at the end of May and they have been going on a series of short term renewals.

[TennTV1983 807]

It's actually good that someone other than Sinclair or Nexstar actually bought a station. Good for Journal. Although, I didn't even think Landmark was still selling off properties.

 

Landmark has been trying to get out of the TV business for a long time. The first shoe to drop was when they sold The Weather Channel to NBCUniversal & Bain. WTVF did have a buyer at one time (Bonten Media Group; owners of WCYB in the Tri-Cities, TN/VA), but the deal fell through due to the recession. At least under Journal ownership, they will be in good hands.

 

Now if only some company like Belo or Cox would step in to buy KLAS.

[ABC 7 Denver 1729]

Look out for a new logo and or a new standard Journal graphics package.

[detroiter313 181]

Landmark has been trying to get out of the TV business for a long time. The first shoe to drop was when they sold The Weather Channel to NBCUniversal & Bain. WTVF did have a buyer at one time (Bonten Media Group; owners of WCYB in the Tri-Cities, TN/VA), but the deal fell through due to the recession. At least under Journal ownership, they will be in good hands.

 

Now if only some company like Belo or Cox would step in to buy KLAS.

 

Who knows? With all these TV deals lately, you may never know what might happen next.