Ntropolis 599 Posted May 18, 2007 Posted May 18, 2007 Caught this little piece of news on VARTV... :// LIN TV up for sale | Friday, May 18, 2007 The owners of WAVY (10/NBC) Portsmouth and WVBT (43/FOX) Virginia Beach, LIN TV, have put out the "for sale" sign. There are a total 29 TV stations in the Group.
KKyuubi 0 Posted May 18, 2007 Posted May 18, 2007 Oh. My. God. Nice to see that LIN will finally be folding in its current form, I hope whoever takes over LIN actually does a better job at maintaining news departments...
jbrothers 1 Posted May 18, 2007 Posted May 18, 2007 Hello! This is pretty big for WISH,WAVY,WTNH, and some stations that LIN has owned for a long time. The big question is who will take over these stations. Who would you like to see run your favorite LIN station?
mobilene 2 Posted May 18, 2007 Posted May 18, 2007 In Indianapolis, LIN has invested pretty well. I hate to see them go.
Guest abc7miami Posted May 18, 2007 Posted May 18, 2007 With WAVY, & WISH NBC & CBS could be the big contenders for a network O&O.
A3N 1002 Posted May 18, 2007 Posted May 18, 2007 curios to see what is going to happen to KNSD and KXAS. NBC owns 76% of them each with LIN owning the remaining 24%. I wonder if NBC will buy out the remaining 24% and make these complete NBC O&O's
tvpirate05 1 Posted May 18, 2007 Posted May 18, 2007 I think LIN has done a pretty fine job with WAVY. Agreed, even though WVEC is #1 in Hampton Roads, WAVY still does very well, and win their morning and nightside newscasts.
jbrothers 1 Posted May 18, 2007 Posted May 18, 2007 I think maybe WAVY could go to Gannett. WISH maybe the same, I would hate for them to become an o&o and possibly become branded some name like "CBS 8".
KKyuubi 0 Posted May 19, 2007 Posted May 19, 2007 I would hate for them to become an o&o and possibly become branded some name like "CBS 8". And even worse, how much of a musical mess would Enforcer NG sound like with the Back Home Again in Indiana signature? Hopefully the new owners don't mess with traditions too too much... If WISH became an O&O, they theoretically could keep In-Sink (since The Enforcer isn't TRULY the standardized theme but it slowly becoming it, since KPIX has used Battery and Always Worth Your Time instead of Ehe Enforcer, and WJZ still uses Chroma Cues for now...)
jbrothers 1 Posted May 19, 2007 Posted May 19, 2007 They could, but I dont want it to happen. When I go to indy during the summer (I have been) I always watch WISH. Now, if the new owners mess everything up, I may watch WTHR for my source for news when im out of town. The worst owner we could get is Sincrap and/or Nexstar.
TexasTVNews 1378 Posted May 19, 2007 Posted May 19, 2007 The big question is this, Which LIN Stations going to O&O or owned by some other television companies? In my fact (For myself), my money is on KXAN because since KEYE is no longer CBS O&O, NBC-Universal could be buying KXAN and become NBC O&O. That way, Austin will still have 2 O&O's.
eyewitness_news 5 Posted May 19, 2007 Posted May 19, 2007 I'm really worried about WTNH because I would hate for them to became a ABC O&O forming a 3-ring circus of ABC O&Os--Connecticut, New York City, and Philadelphia. I dont think I want to get use dto calling them "ABC 8".
Wisco TV Watcher 11 Posted May 19, 2007 Posted May 19, 2007 I wonder if Gannett would be interested in WLUK. Gannett owns several newspapers within WLUK's viewing area and are a major media force in this part of the state. Another (unlikely) possibility is if FOX made them an O&O. FOX (SF Broadcasting) partially owned them back in the 1990s and WLUK & WITI are pretty close. I am having a hard time coming up with other companies that could potentially buy WLUK. Television isn't a good business to be in these days...
jbrothers 1 Posted May 19, 2007 Posted May 19, 2007 Well, I dont know where they would go. Hopefully they wont get a bad owner. That wouldnt be cool.
mediadorkx07 0 Posted May 19, 2007 Posted May 19, 2007 LIN treated WTNH excellent. I hate to see them go.
TexasTVNews 1378 Posted May 19, 2007 Posted May 19, 2007 Furutre Ownership Predictions: BELO: WOOD-TV, WTNH-TV and WANE-TV NBC-Universal: KXAN-TV, WAVY-TV, WDTN-TV CBS Corp: WISH-TV, WIVB-TV, WPRI-TV
first on fox 18 Posted May 19, 2007 Posted May 19, 2007 I don't think NBC and CBS are in the buying mood with their sell-offs of lower-market stations...
A3N 1002 Posted May 19, 2007 Posted May 19, 2007 I don't think NBC and CBS are in the buying mood with their sell-offs of lower-market stations... That is what I was thinking. As nice as it would be for these stations to be network O&O's, it is highly unlikely that NBC and CBS would move an inch towards purchasing the LIN stations. You can blame NBC's problems on the 2.0
lugnuts6 91 Posted May 19, 2007 Posted May 19, 2007 Uh, question... arent the eyeball and the Peacock near to or ascloseasthis to the broadcast ownership cap? Which leads to this prediction, look for yet another buyout by a private firm or two
Ntropolis 599 Posted May 19, 2007 Author Posted May 19, 2007 Which leads to this prediction, look for yet another buyout by a private firm or two That's what I'm thinking. They're gonna pull a NYT/Local TV... sell them as a group to some investment firm and start up a new company.
A3N 1002 Posted May 19, 2007 Posted May 19, 2007 Broadcastiing and Cable has a full article. http://www.broadcastingcable.com/article/CA6444734.html
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