Nelson R. 569 Posted January 19, 2022 Share Posted January 19, 2022 (edited) 8 hours ago, CubsFan79 said: Cox owns ABC in Atlanta and Tenga owns NBC also in Atlanta.Conflict maybe there too. Same with Charlotte. And in Seattle, Cox owns CBS and Tegna owns NBC. Edited January 19, 2022 by Nelson R. Link to comment https://localnewstalk.net/topic/13009-tegna-broadcasting-and-digital-general-discussion/page/140/#findComment-269148 Share on other sites More sharing options...
Nelson R. 569 Posted January 19, 2022 Share Posted January 19, 2022 48 minutes ago, TheSpeedKing said: Not happening. The FCC will see this and force Apollo to divest one of them to a seperate, unrelated owner. They'll divest WXIA. And WATL 48 minutes ago, TheSpeedKing said: 1 Link to comment https://localnewstalk.net/topic/13009-tegna-broadcasting-and-digital-general-discussion/page/140/#findComment-269149 Share on other sites More sharing options...
TheSpeedKing 265 Posted January 19, 2022 Share Posted January 19, 2022 16 minutes ago, Nelson R. said: And WATL That too. Also, if Tegna is taking over creative services of these stations (they should), then I would hope to see MCTYW back on WPXI. Link to comment https://localnewstalk.net/topic/13009-tegna-broadcasting-and-digital-general-discussion/page/140/#findComment-269150 Share on other sites More sharing options...
Adam MadMan 285 Posted January 19, 2022 Share Posted January 19, 2022 (edited) 9 hours ago, ABC 7 Denver said: Nah. Nexstar-style and Sinclair-style sidecars pretty much baked in means that they're untouchable. It didn't work for Sinclair, why would it work for Appollo? Edited January 19, 2022 by Adam MadMan Accidental double post Link to comment https://localnewstalk.net/topic/13009-tegna-broadcasting-and-digital-general-discussion/page/140/#findComment-269156 Share on other sites More sharing options...
tyrannical bastard 3933 Posted January 19, 2022 Share Posted January 19, 2022 Should this deal happen and the divestitures be required, this is where Byron Allen could benefit....getting stations like WXIA/WATL, WCNC and WFOX/WJAX. What percentile of ownership is enough to trigger common ownership? While Sarkes Tarzan (with Gray involvement) can have KTVN in Reno alongside Gray's KOLO, WOAI in San Antonio had to be divested to a shell company (High Plains Television) because of then-owner Newport (Providence Equity's) investment in Univision, who had a top 4 station in the market. I don't think the deal is going to be clean at all and there will have to be divestitures even if the stakes are fractional. Link to comment https://localnewstalk.net/topic/13009-tegna-broadcasting-and-digital-general-discussion/page/140/#findComment-269158 Share on other sites More sharing options...
dman748 1256 Posted January 19, 2022 Share Posted January 19, 2022 (edited) 1 hour ago, tyrannical bastard said: Should this deal happen and the divestitures be required, this is where Byron Allen could benefit....getting stations like WXIA/WATL, WCNC and WFOX/WJAX. What percentile of ownership is enough to trigger common ownership? While Sarkes Tarzan (with Gray involvement) can have KTVN in Reno alongside Gray's KOLO, WOAI in San Antonio had to be divested to a shell company (High Plains Television) because of then-owner Newport (Providence Equity's) investment in Univision, who had a top 4 station in the market. I don't think the deal is going to be clean at all and there will have to be divestitures even if the stakes are fractional. I would say anything above 15 to 20% would be enough to trigger common ownership considering that WOAI (along with KGET in Bakersfield) were sold to High Plains. Edited January 19, 2022 by dman748 Link to comment https://localnewstalk.net/topic/13009-tegna-broadcasting-and-digital-general-discussion/page/140/#findComment-269160 Share on other sites More sharing options...
nathannah 2402 Posted January 19, 2022 Share Posted January 19, 2022 4 hours ago, tyrannical bastard said: Should this deal happen and the divestitures be required, this is where Byron Allen could benefit....getting stations like WXIA/WATL, WCNC and WFOX/WJAX. I wish I could assume spin-offs here, but knowing how Tegna has played with things in each market in the past, it's possible under Standard that Sinclair-style 'subchannel mergers' will see WATL-DT1 moved to WXIA-DT2 and WJAX-DT1 being DT2'ed onto WFOX, leaving subchannel network farm husks behind, along with the WFAA and KHOU moves onto their sister UHFs being executed to take advantage of the UHF discount (a major Biden disappointment; it needed to be taken care of at 12:01 p.m. 1/20 last year, along with appropriate FCC nominees). They've started to become more common after being tested out on MyNet/CW stations with no provider, regulatory or consumer pushback, Sinclair barely had any notice of their Fox moves from the shell/sidecar stations last year, and I'm afraid it'll become standard (no pun intended) as time goes on. Link to comment https://localnewstalk.net/topic/13009-tegna-broadcasting-and-digital-general-discussion/page/140/#findComment-269164 Share on other sites More sharing options...
tyrannical bastard 3933 Posted January 19, 2022 Share Posted January 19, 2022 48 minutes ago, mrschimpf said: I wish I could assume spin-offs here, but knowing how Tegna has played with things in each market in the past, it's possible under Standard that Sinclair-style 'subchannel mergers' will see WATL-DT1 moved to WXIA-DT2 and WJAX-DT1 being DT2'ed onto WFOX, leaving subchannel network farm husks behind, along with the WFAA and KHOU moves onto their sister UHFs being executed to take advantage of the UHF discount (a major Biden disappointment; it needed to be taken care of at 12:01 p.m. 1/20 last year, along with appropriate FCC nominees). They've started to become more common after being tested out on MyNet/CW stations with no provider, regulatory or consumer pushback, Sinclair barely had any notice of their Fox moves from the shell/sidecar stations last year, and I'm afraid it'll become standard (no pun intended) as time goes on. If Standard/Apollo wants to play the game Sinclair's been up to, then WATL is the perfect duopoly partner to "share" ownership with WSB. The non-license assets of WXIA can live on WATL and what's left of "WXIA" is simply divested to a third party. What I hope is something comes out of this positively for the Jacksonville market. You have two duopolies controlling all 4 major affiliations while WJXT is all by themselves with the CW on WCWJ. Link to comment https://localnewstalk.net/topic/13009-tegna-broadcasting-and-digital-general-discussion/page/140/#findComment-269169 Share on other sites More sharing options...
ABC 7 Denver 1712 Posted January 20, 2022 Author Share Posted January 20, 2022 8 hours ago, Adam MadMan said: It didn't work for Sinclair, why would it work for Appollo? Because technically different management teams. Link to comment https://localnewstalk.net/topic/13009-tegna-broadcasting-and-digital-general-discussion/page/140/#findComment-269181 Share on other sites More sharing options...
dman748 1256 Posted February 4, 2022 Share Posted February 4, 2022 Bloomberg is reporting that TEGNA is in advanced talks to sell it's broadcast group to Standard/Apollo for $24 per share Details (which are limited considering the paywall): Apollo is backing this bid and will recieve perferred shares in Tegna's stock but will not get voting rights The deal coulld be announced the next few weeks Link to comment https://localnewstalk.net/topic/13009-tegna-broadcasting-and-digital-general-discussion/page/140/#findComment-269924 Share on other sites More sharing options...
JosiahCubed 280 Posted February 4, 2022 Share Posted February 4, 2022 Wow. If that’s true, then all of the Cox stations would gain sister stations. To be honest, I wonder what WPXI would do gaining some more sister stations in NY, OH, and PA. 2 Link to comment https://localnewstalk.net/topic/13009-tegna-broadcasting-and-digital-general-discussion/page/140/#findComment-269927 Share on other sites More sharing options...
Briella 234 Posted February 4, 2022 Share Posted February 4, 2022 Thank God it’s not Byron Allen. 3 Link to comment https://localnewstalk.net/topic/13009-tegna-broadcasting-and-digital-general-discussion/page/140/#findComment-269932 Share on other sites More sharing options...
NowBergen 679 Posted February 4, 2022 Share Posted February 4, 2022 1 hour ago, JosiahCubed said: Wow. If that’s true, then all of the Cox stations would gain sister stations. To be honest, I wonder what WPXI would do gaining some more sister stations in NY, OH, and PA. They would be run as separate companies. Otherwise it will never get past the FCC. As it is stated, Apollo will not have any voting rights. They are acting like a bank. If and that's a big if, ownership caps go up, then the two companies may merge down in the future. 2 Link to comment https://localnewstalk.net/topic/13009-tegna-broadcasting-and-digital-general-discussion/page/140/#findComment-269933 Share on other sites More sharing options...
MidwestTV 1229 Posted February 5, 2022 Share Posted February 5, 2022 1 hour ago, Wildish said: Thank God it’s not Byron Allen. Apollo is unlikely to be much better. I've heard the Cox stations are miserable and ran quite literally as cheap as possible. If Apollo can get rid of you, they will. Tegna employees are the real victims here. 2 Link to comment https://localnewstalk.net/topic/13009-tegna-broadcasting-and-digital-general-discussion/page/140/#findComment-269935 Share on other sites More sharing options...
dman748 1256 Posted February 5, 2022 Share Posted February 5, 2022 Just now, MidwestTV said: Apollo is unlikely to be much better. I've heard the Cox stations are miserable and ran quite literally as cheap as possible. If Apollo can get rid of you, they will. Tegna employees are the real victims here. While I do agree that Apollo wouldn't be any better however, we still don't know whether or not Tegna's employees will be the "real victims" because other than Apollo not having voting rights there is still way too many unknowns with this deal. And we won't know that until the ink is finally dry. Link to comment https://localnewstalk.net/topic/13009-tegna-broadcasting-and-digital-general-discussion/page/140/#findComment-269937 Share on other sites More sharing options...
MidwestTV 1229 Posted February 5, 2022 Share Posted February 5, 2022 2 minutes ago, dman748 said: While I do agree that Apollo wouldn't be any better however, we still don't know whether or not Tegna's employees will be the "real victims" because other than Apollo not having voting rights there is still way too many unknowns with this deal. And we won't know that until the ink is finally dry. Of course the employees are the victims. They get no say in the matter and will likely end up having to work harder assuming S/A comes in and slashes as many people as possible. Unless Standard/Apollo gives raises across the board and pours money into each station for resources and development, the only people that really come away from this are the execs. Link to comment https://localnewstalk.net/topic/13009-tegna-broadcasting-and-digital-general-discussion/page/140/#findComment-269938 Share on other sites More sharing options...
dman748 1256 Posted February 5, 2022 Share Posted February 5, 2022 57 minutes ago, MidwestTV said: Of course the employees are the victims. They get no say in the matter and will likely end up having to work harder assuming S/A comes in and slashes as many people as possible. Unless Standard/Apollo gives raises across the board and pours money into each station for resources and development, the only people that really come away from this are the execs. Which in past experiences with P/E firms being in the business they don't give raises so I really don't expect Standard to do that with the Tegna stations unless Kim decides to step in and give the employees pay raises (which I have my doubts he would do that) Link to comment https://localnewstalk.net/topic/13009-tegna-broadcasting-and-digital-general-discussion/page/140/#findComment-269940 Share on other sites More sharing options...
GoldenShine9 1512 Posted February 5, 2022 Share Posted February 5, 2022 I wonder if they will also keep the Tegna name? Regardless, hedge fund owners are always bad news. 1 2 Link to comment https://localnewstalk.net/topic/13009-tegna-broadcasting-and-digital-general-discussion/page/140/#findComment-269943 Share on other sites More sharing options...
TVLurker 198 Posted February 5, 2022 Share Posted February 5, 2022 why did they turn down Bryon Allen, that's what I want to know. 4 1 Link to comment https://localnewstalk.net/topic/13009-tegna-broadcasting-and-digital-general-discussion/page/140/#findComment-269957 Share on other sites More sharing options...
CLETVFan 367 Posted February 5, 2022 Share Posted February 5, 2022 WKYC has turned What Matters Most from a newscast name into an overall station slogan. The 6pm news tonight was identified as "3News at 6" instead of What Matters Most. 4 Link to comment https://localnewstalk.net/topic/13009-tegna-broadcasting-and-digital-general-discussion/page/140/#findComment-269959 Share on other sites More sharing options...
Megatron81 256 Posted February 7, 2022 Share Posted February 7, 2022 I think Byron Allen would've been better merger than Apollo/Standard General in my opinion. 6 Link to comment https://localnewstalk.net/topic/13009-tegna-broadcasting-and-digital-general-discussion/page/140/#findComment-269991 Share on other sites More sharing options...
TexasTVNews 1377 Posted February 7, 2022 Share Posted February 7, 2022 1 hour ago, Megatron81 said: I think Byron Allen would've been better merger than Apollo/Standard General in my opinion. I'm more than 100% agree to that, and I'll drink to that. I said it before, Byron Allen is the only one he can clean up the mess Tegna made. 2 Link to comment https://localnewstalk.net/topic/13009-tegna-broadcasting-and-digital-general-discussion/page/140/#findComment-269994 Share on other sites More sharing options...
TheSpeedKing 265 Posted February 7, 2022 Share Posted February 7, 2022 5 hours ago, TexasTVNews said: I'm more than 100% agree to that, and I'll drink to that. I said it before, Byron Allen is the only one he can clean up the mess Tegna made. I strongly disagree. Allen basically lets his stations exist, without putting money in them. Tegna is basically just a bank for its stations, and the stations decide what goes on the air and what doesn’t. My personal fear is that these stations will no longer have the money to keep running, and the cheap*****s at Apollo will just hand it over to dead-end companies like HC2. 3 Link to comment https://localnewstalk.net/topic/13009-tegna-broadcasting-and-digital-general-discussion/page/140/#findComment-269997 Share on other sites More sharing options...
Al-SA-TX 54 Posted February 8, 2022 Share Posted February 8, 2022 (edited) This might be why Allen is no longer pursuing TEGNA. Edited February 8, 2022 by Al-SA-TX 1 Link to comment https://localnewstalk.net/topic/13009-tegna-broadcasting-and-digital-general-discussion/page/140/#findComment-270060 Share on other sites More sharing options...
JCB4TV 347 Posted February 9, 2022 Share Posted February 9, 2022 7 hours ago, Al-SA-TX said: This might be why Allen is no longer pursuing TEGNA. Broncos > Tegna Link to comment https://localnewstalk.net/topic/13009-tegna-broadcasting-and-digital-general-discussion/page/140/#findComment-270079 Share on other sites More sharing options...
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