CircleSeven 1955 Posted March 29, 2013 Share Posted March 29, 2013 On this Good Friday, it appears Sinclair has striked again with another station group acquistion. This time its the good chunk of stations that were formerly owned by Pappas Telecasting, including its flagship KMPH in Fresno. TVNewsCheck states today that they have "signed a letter of intent and is conducting due diligence" to acquire the Titan Broadcast Management Group, based on multiple reports. Sinclair's #1 head honcho David Smith and COO of the new Chesapeake Steve Pruett couldn't be reached for comment about this matter. Should the deal happens, this will give Sinclair a triopoly (WCWG with WXLV/WMYV) in the Piedmont Triad. In El Paso, KDBC could very well be the sister of KFOX. Also Sinclair would be the second new owner in town (KMPH/KFRE), after Nexstar acquired Fresno's KGPE & KSEE. Link to comment https://localnewstalk.net/topic/12536-sinclair-could-acquire-titan-television/ Share on other sites More sharing options...
hathawaynson2 39 Posted March 29, 2013 Share Posted March 29, 2013 On this Good Friday' date=' it appears Sinclair has striked again with another station group acquistion. This time its the good chunk of stations that were formerly owned by Pappas Telecasting, including its flagship KMPH in Fresno. [i']TVNewsCheck[/i] states today that they have "signed a letter of intent and is conducting due diligence" to acquire the Titan Television Broadcast Group, based on multiple reports. Sinclair's #1 head honcho David Smith and COO of the new Chesapeake Steve Pruett couldn't be reached for comment about this matter. Should the deal happens, Sinclair's largest station will be in San Francisco, and will give them a triopoly (WCWG with WXLV/WMYV) in the Piedmont Triad. In El Paso, KDBC could very well be the sister of KFOX. Also Sinclair would be the second new owner in town (KMPH/KFRE), after Nexstar acquired Fresno's KGPE & KSEE. I am guessing that Sinclair is swallowing up Small TV Groups including one in San Francisco and adding more as it goes. What are we up to now 115 plus stations for Sinclair? and also, why on earth would there be any reason to have a triopoly in the Piedmont Triad?. I would like to see the filings on the whole group. I would be happy that Sinclair would stay out of Kansas City Missouri, They used to own a television station there until it was sold to make a duopoly in 2005. Link to comment https://localnewstalk.net/topic/12536-sinclair-could-acquire-titan-television/#findComment-80321 Share on other sites More sharing options...
bammy9 26 Posted March 29, 2013 Share Posted March 29, 2013 Well, I never thought I'd see the day that KDBC and KFOX were owned by the same company. At least KFOX can share its news department with KDBC now. Link to comment https://localnewstalk.net/topic/12536-sinclair-could-acquire-titan-television/#findComment-80323 Share on other sites More sharing options...
hathawaynson2 39 Posted March 29, 2013 Share Posted March 29, 2013 Well, you are correct! All KDBC has to do is...Get rid of the Local Marketing Agreements and those two would work side by side. I would physically think that It's going to happen once the sale is done. Link to comment https://localnewstalk.net/topic/12536-sinclair-could-acquire-titan-television/#findComment-80325 Share on other sites More sharing options...
CircleSeven 1955 Posted March 29, 2013 Author Share Posted March 29, 2013 TVNewsCheck has made a correction. It's the markets of Greensboro, Fresno, Omaha, El Paso & Sioux City that's affected. The other markets Titan operates including The San Francisco spanish stations KTNC & KCNS, Independent Houston Station, KUBE & WZME in Connecticut are owned or going to be owned by NRJ TV (another Spectrum Speculator). Those stations are not affected. Also not affected is Ellis Communications Anaheim station KDOC 56. Now this makes me think this. Should Sinclair acquire the Lincoln & Yuma Pappas stations, since they're about to get the former Pappas stations? They're the only two markets where Pappas current have a newscast. All the other stations are dying stations, prone to those hungry Spectrum Speculators. Link to comment https://localnewstalk.net/topic/12536-sinclair-could-acquire-titan-television/#findComment-80328 Share on other sites More sharing options...
hathawaynson2 39 Posted March 30, 2013 Share Posted March 30, 2013 Well, In this correction of yours, I must agree with the following markets are in jeopardy if Sinclair continues to go shopping for more TV stations and those markets will be affected if it continues. Link to comment https://localnewstalk.net/topic/12536-sinclair-could-acquire-titan-television/#findComment-80330 Share on other sites More sharing options...
Samantha 2896 Posted March 30, 2013 Share Posted March 30, 2013 Pappas's stations have been mired in gunk because of the bankruptcies. KSWT is sorta viable, but their market is really tiny and there are now three news operations in it. It's probably one of the better stations in that group despite being in DMA 170 or so. Link to comment https://localnewstalk.net/topic/12536-sinclair-could-acquire-titan-television/#findComment-80336 Share on other sites More sharing options...
hathawaynson2 39 Posted March 30, 2013 Share Posted March 30, 2013 Pappas's stations have been mired in gunk because of the bankruptcies. KSWT is sorta viable, but their market is really tiny and there are now three news operations in it. It's probably one of the better stations in that group despite being in DMA 170 or so. At least KSWT(DT) is better in DMA 170 newswise. Link to comment https://localnewstalk.net/topic/12536-sinclair-could-acquire-titan-television/#findComment-80344 Share on other sites More sharing options...
T.L. Hughes 890 Posted March 30, 2013 Share Posted March 30, 2013 Well, I never thought I'd see the day that KDBC and KFOX were owned by the same company. At least KFOX can share its news department with KDBC now. Well' date=' you are correct! All KDBC has to do is...Get rid of the Local Marketing Agreements and those two would work side by side. I would physically think that It's going to happen once the sale is done.[/font'] Wouldn't this create a structure similar to the WAWS-WTEV virtual duopoly in Jacksonville? And wouldn't this also create one of the few, if not the first, instances in which one station in an SSA with one station gets transferred into an SSA with another? KTSM had maintained a pseudo shared services agreement with KDBC. Incidentally, I'm not sure that KDBC and KFOX would consolidate operations, considering Sinclair had chosen not to consolidate its San Antonio and Mobile clusters on account that two of the stations in each cluster involve a Big Four affiliate (although Sinclair does maintain a few consolidated operations between Big Four affiliates from previous purchases and operational agreements). Link to comment https://localnewstalk.net/topic/12536-sinclair-could-acquire-titan-television/#findComment-80345 Share on other sites More sharing options...
bammy9 26 Posted March 30, 2013 Share Posted March 30, 2013 Wouldn't this create a structure similar to the WAWS-WTEV virtual duopoly in Jacksonville? And wouldn't this also create one of the few' date=' if not the first, instances in which one station in an SSA with one station gets transferred into an SSA with another? KTSM had maintained a pseudo shared services agreement with KDBC. Incidentally, I'm not sure that KDBC and KFOX would consolidate operations, considering Sinclair had chosen not to consolidate its San Antonio and Mobile clusters on account that two of the stations in each cluster involve a Big Four affiliate (although Sinclair does maintain a few consolidated operations between Big Four affiliates from previous purchases and operational agreements). Me neither, but they either they consolidate the news ops (and not spend that much at all) OR hire a morning crew for KDBC AND construct a new studio complex for them (as they share the building with KTSM.) I guess we'll all see when Sinclair takes over.. Link to comment https://localnewstalk.net/topic/12536-sinclair-could-acquire-titan-television/#findComment-80348 Share on other sites More sharing options...
hathawaynson2 39 Posted March 31, 2013 Share Posted March 31, 2013 Wouldn't this create a structure similar to the WAWS-WTEV virtual duopoly in Jacksonville? And wouldn't this also create one of the few' date=' if not the first, instances in which one station in an SSA with one station gets transferred into an SSA with another? KTSM had maintained a pseudo shared services agreement with KDBC. Incidentally, I'm not sure that KDBC and KFOX would consolidate operations, considering Sinclair had chosen not to consolidate its San Antonio and Mobile clusters on account that two of the stations in each cluster involve a Big Four affiliate (although Sinclair does maintain a few consolidated operations between Big Four affiliates from previous purchases and operational agreements). Okay, You're right on with the virtual duopoly part in Jacksonville. I physically think that:1) why on earth would one synchronize one SSA Station with another one acting as the Senior Partner in this duopoly. Look at Nashville, Tennessee for example, Sinclair owns three stations that It should have sold one of them to another corporation and look at Topeka, Kansas, The NBC and FOX affiliates are Owned and operated by LIN Media, while the ABC affiliate is owned by Vaughan Media LLC that is controlled%2 Link to comment https://localnewstalk.net/topic/12536-sinclair-could-acquire-titan-television/#findComment-80363 Share on other sites More sharing options...
CircleSeven 1955 Posted April 1, 2013 Author Share Posted April 1, 2013 It looks like we may not have a triopoly, at least for one station being sold. From the paperwork posted this morning (4/1), WCWG is being sold by Lockwood Broadcast Group for $2.75 mil. Link to comment https://localnewstalk.net/topic/12536-sinclair-could-acquire-titan-television/#findComment-80391 Share on other sites More sharing options...
hathawaynson2 39 Posted April 2, 2013 Share Posted April 2, 2013 It looks like we may not have a triopoly, at least for one station being sold. From the paperwork posted this morning (4/1), WCWG is being sold by Lockwood Broadcast Group for $2.75 mil. Well, that's a good start to begin with and the awesome news is, NO Sinclair Triopoly to begin with! Did you mean WCWG-TV is sold to Lockwood Broadcasting Group for $2.75mil. I believe that Lockwood Broadcasting Group has more competent people to run stations in the right direction instead of the two broadcasting groups that are incompetent. Link to comment https://localnewstalk.net/topic/12536-sinclair-could-acquire-titan-television/#findComment-80430 Share on other sites More sharing options...
CircleSeven 1955 Posted April 2, 2013 Author Share Posted April 2, 2013 Here's the B&C article about the WCWG sale, and it looks like Lockwood wants to expand. I wouldn't mind seeing them taking the New Age Media properties. Link to comment https://localnewstalk.net/topic/12536-sinclair-could-acquire-titan-television/#findComment-80457 Share on other sites More sharing options...
effseesee 101 Posted April 3, 2013 Share Posted April 3, 2013 Chances are pretty good that when the sale of WCWG closes, the station will operate remotely from Lockwood's centralcast facility in Richmond, VA. Link to comment https://localnewstalk.net/topic/12536-sinclair-could-acquire-titan-television/#findComment-80461 Share on other sites More sharing options...
CircleSeven 1955 Posted April 24, 2013 Author Share Posted April 24, 2013 From this paperwork, posted within the last half an hour, it appears that Sinclair's shell Cunningham Broadcasting will acquire KDBC from Titan Broadcast Group for $21 mil. Just as how confusing this is in El Paso, It appears that KDBC will continue its JSA with ComCorp station, KTSM. Now Nexstar is poised to acquire the ComCorp stations, and Sinclair is acquiring KFOX from Cox. Let see how this goes. Link to comment https://localnewstalk.net/topic/12536-sinclair-could-acquire-titan-television/#findComment-81285 Share on other sites More sharing options...
Samantha 2896 Posted April 24, 2013 Share Posted April 24, 2013 We could be ending up with Sinclair owning a station that has a JSA with a Nexstar station. Wouldn't be the first time (WYZZ in the Peoria market comes to mind). Link to comment https://localnewstalk.net/topic/12536-sinclair-could-acquire-titan-television/#findComment-81286 Share on other sites More sharing options...
hathawaynson2 39 Posted April 24, 2013 Share Posted April 24, 2013 We could be ending up with Sinclair owning a station that has a JSA with a Nexstar station. Wouldn't be the first time (WYZZ in the Peoria market comes to mind). Well, I would love to see this happen sometime in the near future. Link to comment https://localnewstalk.net/topic/12536-sinclair-could-acquire-titan-television/#findComment-81295 Share on other sites More sharing options...
hathawaynson2 39 Posted May 4, 2013 Share Posted May 4, 2013 apparently according to the rbr.com article that I read earlier this week, it clear states that a common 314 stock transfer that would send KDBC-TV to Sinclair, however, the executive buyer of the license is Cunningham Broacasting Group headed by Michael Anderson. However, I don't know about the SSA agreement between KDBC/KTSM since Nexstar Broadcasting Group has bought out all of the ComCorp Stations. Link to comment https://localnewstalk.net/topic/12536-sinclair-could-acquire-titan-television/#findComment-81846 Share on other sites More sharing options...
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