Nelson R. 569 Posted December 18, 2013 Share Posted December 18, 2013 Keep in mind the Rams COULD be headed back to Los Angeles. If I'm not mistaken they voted against renovating the Edward Jones Dome and their lease is due to run out in 2014. Link to comment https://localnewstalk.net/topic/12714-gannett-to-acquire-belo/page/14/#findComment-94740 Share on other sites More sharing options...
Rusty Muck 4378 Posted December 18, 2013 Share Posted December 18, 2013 If they didn't go after WJLA, they won't go after KMOV. But it would be perhaps the most epic troll ever for the broadcasting industry if ABC does actually do it (again, not very likely). Oh, I think it's even less than 'not very likely.' I actually don't see any network getting KMOV. I just don't. Scott Fybush raised a very salient point on this: that because of reverse compensation payments, CBS will likely make more from a future owner of KMOV than they would with it being an O&O. (KDKA-TV is likely in the same situation, but it's legacy standing as a heritage Group W outlet ensures their continued status as an O&O.) Reverse compensation and market size are why I have a hard time seeing a rechristening of KMOX-TV any time soon, if ever. Link to comment https://localnewstalk.net/topic/12714-gannett-to-acquire-belo/page/14/#findComment-94748 Share on other sites More sharing options...
Mrtraveler01 738 Posted December 18, 2013 Share Posted December 18, 2013 Oh, I think it's even less than 'not very likely.' I actually don't see any network getting KMOV. I just don't. Scott Fybush raised a very salient point on this: that because of reverse compensation payments, CBS will likely make more from a future owner of KMOV than they would with it being an O&O. (KDKA-TV is likely in the same situation, but it's legacy standing as a heritage Group W outlet ensures their continued status as an O&O.) Reverse compensation and market size are why I have a hard time seeing a rechristening of KMOX-TV any time soon, if ever. I don't see it happening either. It would be nice, but I don't think CBS is in the buying mood and Fybush's explanation was a pretty good reason why. I disagree with him on Sinclair though, I think they would face even more scrutiny with this deal than they are with Allbritton if they decide to go after KMOV with their shell games. If the FCC wasn't cracking down on things like these, that would be one thing. But the FCC basically shot down Gannett's attempt at doing a sidecar in St. Louis so I can't see how Sinclair would have any better luck even if KDNL is #4 in the market. Link to comment https://localnewstalk.net/topic/12714-gannett-to-acquire-belo/page/14/#findComment-94752 Share on other sites More sharing options...
Breaking News 829 Posted December 18, 2013 Share Posted December 18, 2013 Good points, but Sinclar mastered the SSA/LMA/JSA. They only got caught because of Glencairn's attempted purchase of KOKH and even then neither the FCC or DoJ did anything about Sinclair's control of Glencairn through the Smith's 97% stock interest other than a fine. Mind you, that deal involved a Fox affiliate and what was then WB-affiliated KOCB (now in a legal duopoly with KOKH since Sinclair replaced Glencairn as the prospective licensee once duopolies were legalized), though Glencairn/Cunningham-Sinclair had virtual duops involving two Big Four affiliates in other markets. The DoJ's ruling on Gannett and Sander divesting KMOV shows that they acknowledge some of the issues that could result from these management agreements (even though St. Louis is a special case) that can be traced back to Sinclair. Gannett tried it and was forced to sell off a station. Whether the DoJ will make similar ruling with Sinclair's Allbritton deal remains to be seen. In reading about the ruling further, Sinclair may not have a chance since a sale of KMOV has to be approved by the court, meaning the owner likely can't be one that has an existing television property in St. Louis. If Meredith or Hearst did buy KMOV it'd mean one less odd man out in this M&A spree. Given both have either lost out or not been considered in contention for the stations that had been bought by other companies the past two-and-a-half years, I've had it in that they would be the only major groups that would get shafted. It be great if Hearst would buy KMOV & KGW out of the Gannett/Belo deal. However Hearst only has (2) CBS affiliates in their portfolio, but would benefit from KMOV and the relationship with NBC and Hearst seems to be stellar. KGW would fit in like the perfect glove. Link to comment https://localnewstalk.net/topic/12714-gannett-to-acquire-belo/page/14/#findComment-94799 Share on other sites More sharing options...
CircleSeven 1955 Posted December 19, 2013 Share Posted December 19, 2013 B&C states this morning that the FCC could greenlight the Gannett/Belo deal as early as tomorrow. They will count KMOV's spin-off app as is, but those parties (Gannett, Belo & Sander) will have 120 days to find an independent third-party entity, after that, the FCC will treat that as a separate AOL/TOC (assignment of license/transfer of control) app. Also want to note in Dallas, since Gannett will own WFAA and will officially have nothing to do with A.H. Belo's newspaper, The Dallas Morning News, it was announce today that the newspaper will have a shared partnership with NBC O&O station KXAS-TV. The partnership will start January 1st. Link to comment https://localnewstalk.net/topic/12714-gannett-to-acquire-belo/page/14/#findComment-94851 Share on other sites More sharing options...
GoldenShine9 1513 Posted December 19, 2013 Share Posted December 19, 2013 Next up will likely be the Tribune-Local TV deal. I'm surprised this is going ahead of that one due to the bigger complications. I wonder if we should write letters to potential good owners to really consider this deal? Since we know Sinclair is going to be hungry for more, even if they have a challenge themselves. Link to comment https://localnewstalk.net/topic/12714-gannett-to-acquire-belo/page/14/#findComment-94853 Share on other sites More sharing options...
CircleSeven 1955 Posted December 19, 2013 Share Posted December 19, 2013 Next up will likely be the Tribune-Local TV deal. I'm surprised this is going ahead of that one due to the bigger complications. I wonder if we should write letters to potential good owners to really consider this deal? Since we know Sinclair is going to be hungry for more, even if they have a challenge themselves. They could greenlight that deal tomorrow too.... Link to comment https://localnewstalk.net/topic/12714-gannett-to-acquire-belo/page/14/#findComment-94857 Share on other sites More sharing options...
CircleSeven 1955 Posted December 20, 2013 Share Posted December 20, 2013 BREAKING NEWS!!! As of minutes past 1pm/EST: The FCC has greenlighted the Gannett/Belo deal. Link to comment https://localnewstalk.net/topic/12714-gannett-to-acquire-belo/page/14/#findComment-94912 Share on other sites More sharing options...
TexasTVNews 1377 Posted December 20, 2013 Share Posted December 20, 2013 It Official! Deal will close early next week. http://www.mediabistro.com/tvspy/fcc-approves-gannetts-purchase-of-belo_b111581 Link to comment https://localnewstalk.net/topic/12714-gannett-to-acquire-belo/page/14/#findComment-94919 Share on other sites More sharing options...
damien6786 9 Posted December 20, 2013 Share Posted December 20, 2013 Now that the Deal is approved What are they gonna do with KMOV then? Since it was diversted, Is it gonna be in Sander's ownership for the time being until they find an new owner for it? Link to comment https://localnewstalk.net/topic/12714-gannett-to-acquire-belo/page/14/#findComment-94921 Share on other sites More sharing options...
Mrtraveler01 738 Posted December 20, 2013 Share Posted December 20, 2013 Now that the Deal is approved What are they gonna do with KMOV then? Since it was diversted, Is it gonna be in Sander's ownership for the time being until they find an new owner for it? Basically. Is there a set time frame in which Sander has to find a new owner for KMOV by? Link to comment https://localnewstalk.net/topic/12714-gannett-to-acquire-belo/page/14/#findComment-94923 Share on other sites More sharing options...
CircleSeven 1955 Posted December 20, 2013 Share Posted December 20, 2013 Now that the Deal is approved What are they gonna do with KMOV then? Since it was diversted, Is it gonna be in Sander's ownership for the time being until they find an new owner for it? As they did approve it, including the KMOV app, once its closes (and Gannett says they could do that by early next week), it'll be Sander's for now. But based on that DOJ consent decree, they have 120 days from that Monday date, to divest KMOV to an independent entity. But I don't think it would take too much time to find a buyer. Link to comment https://localnewstalk.net/topic/12714-gannett-to-acquire-belo/page/14/#findComment-94924 Share on other sites More sharing options...
CircleSeven 1955 Posted December 23, 2013 Share Posted December 23, 2013 BREAKING NEWS!!! Gannett announce on its website that Sander is selling KMOV to Meredith, PLUS, Sander is spinning off KTVK to Meredith, while KASW to SagamoreHill, which Meredith will operate. Full price, $407M. Link to comment https://localnewstalk.net/topic/12714-gannett-to-acquire-belo/page/14/#findComment-95035 Share on other sites More sharing options...
damien6786 9 Posted December 23, 2013 Share Posted December 23, 2013 I'm glad that Meredith is buying KMOV that is a great news since it does have a strong presence in Missouri I thought CBS was to buy the station How long will it take when the FCC approves the deal like beginning of 2014 I'm guessing Link to comment https://localnewstalk.net/topic/12714-gannett-to-acquire-belo/page/14/#findComment-95041 Share on other sites More sharing options...
TexasTVNews 1377 Posted December 23, 2013 Share Posted December 23, 2013 We all predicted including me that it was going to be Meredith Broadcasting buying KTVK and KMOV. Link to comment https://localnewstalk.net/topic/12714-gannett-to-acquire-belo/page/14/#findComment-95043 Share on other sites More sharing options...
broadcastfan9751 140 Posted December 23, 2013 Share Posted December 23, 2013 The Deal is Done! http://www.tvnewscheck.com/article/72893/gannett-completes-its-acquisition-of-belo Link to comment https://localnewstalk.net/topic/12714-gannett-to-acquire-belo/page/14/#findComment-95048 Share on other sites More sharing options...
TexasTVNews 1377 Posted December 23, 2013 Share Posted December 23, 2013 The official announcement is also on the Gannett site. http://www.gannett.com/article/20131223/PRESSRELEASES2013/131223002/-1/PressReleases2013/GANNETT-COMPLETES-ACQUISITION-BELO UPDATE: WFAA & KVUE also made the announcement on their sites today. http://www.wfaa.com/news/business/Gannett-Co-finalizes-purchase-of-WFAA-TV-parent-company-Belo-237051731.html http://www.kvue.com/news/Gannett-Co-finalizes-purchase-of-KVUE-parent-company-Belo-237053821.html Link to comment https://localnewstalk.net/topic/12714-gannett-to-acquire-belo/page/14/#findComment-95052 Share on other sites More sharing options...
CircleSeven 1955 Posted December 23, 2013 Share Posted December 23, 2013 I'm going to show y'all one more article. And this was from the Dallas Morning News June 14, when the announcement of the deal happened. And this shows pictures of key moments throughout most of Belo's history. Yeah, this cause for celebrating and jubilation. But this should also be a somber moment, not only because it was nearly a nine-decade Texas institution, but because one of best media companies is no longer here. And not only WFAA is no longer a flagship station, but what that WFAA piece say, is that no TV station in the Metroplex are locally-owned. So this is a somber day for the state, but I guess it's a great day for Gannett. Link to comment https://localnewstalk.net/topic/12714-gannett-to-acquire-belo/page/14/#findComment-95063 Share on other sites More sharing options...
TexasTVNews 1377 Posted December 23, 2013 Share Posted December 23, 2013 I have a statement from WFAA that was sent to my facebook page. Hi Dontryl, thanks for writing. As far as we've been told, we're to expect no major changes at WFAA that you would notice on air and/or online. Behind the scenes, we've been shifting to a couple different programs for producing the newscasts but beyond that, Gannett has indicated they're happy with the direction of the station and with the current staff. The merger will likely create some redundancies at the corporate level that will need to be addressed, but those would be Belo positions, not WFAA staff. We'll learn a bit more in the coming weeks but we don't foresee any major changes in where or how we produce the news here at Ch. 8! We're excited about the deal and being a part of a company the size of Gannett should only increase our resources and capabilities to produce the best local journalism in the market. Link to comment https://localnewstalk.net/topic/12714-gannett-to-acquire-belo/page/14/#findComment-95065 Share on other sites More sharing options...
CircleSeven 1955 Posted December 23, 2013 Share Posted December 23, 2013 WWL already changed their closing copyright liner at the end of their 5pm. "©2013 WWL-TV - New Orleans - Gannett Co. Inc." It won't be long before those "It's all within reach" sounders be shown at the end of the broadcast. Link to comment https://localnewstalk.net/topic/12714-gannett-to-acquire-belo/page/14/#findComment-95074 Share on other sites More sharing options...
AaronQ 282 Posted December 23, 2013 Share Posted December 23, 2013 WWL already changed their closing copyright liner at the end of their 5pm. "©2013 WWL-TV - New Orleans - Gannett Co. Inc." It won't be long before those "It's all within reach" sounders be shown at the end of the broadcast. Same thing with WCNC in Charlotte, and also there's a possibility that they're getting new graphics as well. Link to comment https://localnewstalk.net/topic/12714-gannett-to-acquire-belo/page/14/#findComment-95075 Share on other sites More sharing options...
TexasTVNews 1377 Posted December 24, 2013 Share Posted December 24, 2013 Same for our Texas stations. ©2013 WFAA - Dallas/Fort Worth - Gannett Co. Inc. ©2013 KHOU-TV - Houston - Gannett Co. Inc. ©2013 KVUE-TV Austin - Gannett Co. Inc. ©2013 KENS-TV - San Antonio - Gannett Co. Inc. Link to comment https://localnewstalk.net/topic/12714-gannett-to-acquire-belo/page/14/#findComment-95077 Share on other sites More sharing options...
PelicanGuy 117 Posted December 24, 2013 Share Posted December 24, 2013 It's not a matter of IF they're gonna get the Gannett graphics, but WHEN. On a side note, I'd hate for Gannett to come in and have Channel 4 dumb the Eyewitness News branding, something WWL's been using for 50 years plus; I could settle for Channel 4 News, but it's not the same as Eyewitness News. Link to comment https://localnewstalk.net/topic/12714-gannett-to-acquire-belo/page/14/#findComment-95078 Share on other sites More sharing options...
skbl17 188 Posted December 24, 2013 Share Posted December 24, 2013 It's not a matter of IF they're gonna get the Gannett graphics, but WHEN. They're just making some upgrades to the Gannett meat grinder; so it will take some time. A whole new broadcasting group? Of course the old 2008-2013 model won't do. Link to comment https://localnewstalk.net/topic/12714-gannett-to-acquire-belo/page/14/#findComment-95080 Share on other sites More sharing options...
GoldenShine9 1513 Posted December 24, 2013 Share Posted December 24, 2013 Honestly, I prefer the Gannett graphics...they have some unique feel to them. Simple yet different. Link to comment https://localnewstalk.net/topic/12714-gannett-to-acquire-belo/page/14/#findComment-95081 Share on other sites More sharing options...
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