The Frog 429 Posted March 12, 2015 Share Posted March 12, 2015 Gray Television Inc. has reached an agreement with Neuhoff Corp. to acquire CBS affiliate KMVT and Fox affil KSVT Twin Falls, Idaho (DMA 192), for $17.5 million in cash. Gray said in a statement: “KMVT is the highest rated and highest grossing television station in the Twin Falls DMA according to Nielsen and BIA data.” It is a CBS affiliate that carries CW programming on a subchannel. Despite the relatively small size of the market, both stations produce and broadcast local newscasts in high definition. http://www.tvnewscheck.com/article/83670/gray-buying-twin-falls-duopoly-for-175m Link to comment https://localnewstalk.net/topic/14276-gray-purchasing-kmvtksvt/ Share on other sites More sharing options...
Samantha 2895 Posted March 12, 2015 Share Posted March 12, 2015 The owners quite clearly realized the marketplace was not appropriate to be a single-station owner, so they sold their station. Link to comment https://localnewstalk.net/topic/14276-gray-purchasing-kmvtksvt/#findComment-125028 Share on other sites More sharing options...
GoldenShine9 1513 Posted March 12, 2015 Share Posted March 12, 2015 What single operations are left these days? Link to comment https://localnewstalk.net/topic/14276-gray-purchasing-kmvtksvt/#findComment-125029 Share on other sites More sharing options...
NEOMatrix 1299 Posted March 12, 2015 Share Posted March 12, 2015 Could we see some locally-based stations such as KTBS, WFMJ, and the Dispatch stations finally cash out this year? Granted, WFMJ and the Dispatch stations have newspapers that are dragging the stations down somewhat. But I think the time has come. Link to comment https://localnewstalk.net/topic/14276-gray-purchasing-kmvtksvt/#findComment-125030 Share on other sites More sharing options...
NewsMaster 226 Posted March 12, 2015 Share Posted March 12, 2015 Now I'm wondering if Gray will get KNIN from Journal / Scripps considering that they have to divest a station in Boise. It would make sense. Link to comment https://localnewstalk.net/topic/14276-gray-purchasing-kmvtksvt/#findComment-125032 Share on other sites More sharing options...
Hexagonal10 84 Posted March 12, 2015 Share Posted March 12, 2015 What single operations are left these days? KLAS. But that's dead. Link to comment https://localnewstalk.net/topic/14276-gray-purchasing-kmvtksvt/#findComment-125033 Share on other sites More sharing options...
effseesee 101 Posted March 12, 2015 Share Posted March 12, 2015 Now I'm wondering if Gray will get KNIN from Journal / Scripps considering that they have to divest a station in Boise. It would make sense. Only if they get to keep the Fox affiliation. I wonder if Gray is now going to pick up KPVI/KXTF from Frontier. It was the only piece they didn't acquire when Frontier sold them KGNS and KCWY. Link to comment https://localnewstalk.net/topic/14276-gray-purchasing-kmvtksvt/#findComment-125034 Share on other sites More sharing options...
Samantha 2895 Posted March 12, 2015 Share Posted March 12, 2015 Could we see some locally-based stations such as KTBS, WFMJ, and the Dispatch stations finally cash out this year? Granted, WFMJ and the Dispatch stations have newspapers that are dragging the stations down somewhat. But I think the time has come. I don't see Dispatch cashing out (the Wolfes have extensive investments in real estate that bring in the real money), but I can see KTBS or WFMJ doing it. Link to comment https://localnewstalk.net/topic/14276-gray-purchasing-kmvtksvt/#findComment-125035 Share on other sites More sharing options...
NEOMatrix 1299 Posted March 12, 2015 Share Posted March 12, 2015 I don't see Dispatch cashing out (the Wolfes have extensive investments in real estate that bring in the real money), but I can see KTBS or WFMJ doing it. Speaking of KTBS, is it owned by the same Wray family that owns car dealerships around Shreveport? Link to comment https://localnewstalk.net/topic/14276-gray-purchasing-kmvtksvt/#findComment-125037 Share on other sites More sharing options...
TheRob 937 Posted March 12, 2015 Share Posted March 12, 2015 Speaking of KTBS, is it owned by the same Wray family that owns car dealerships around Shreveport? Same family, yes Link to comment https://localnewstalk.net/topic/14276-gray-purchasing-kmvtksvt/#findComment-125039 Share on other sites More sharing options...
CircleSeven 1955 Posted March 12, 2015 Share Posted March 12, 2015 Now I'm wondering if Gray will get KNIN from Journal / Scripps considering that they have to divest a station in Boise. It would make sense. But would Gray be willing to break away from KIVI and do heavy-investing in starting their own news ops? That's why I wouldn't be shocked if Brady bought KNIN (since he already owns the Fox stations in Spokane & Yakima, and he outsourced the news by a big-3 station anyway). That would at least keep most stuff (visually) a status quo. Link to comment https://localnewstalk.net/topic/14276-gray-purchasing-kmvtksvt/#findComment-125040 Share on other sites More sharing options...
jamesjimcie 0 Posted March 12, 2015 Share Posted March 12, 2015 In the case of NTV/KFXL, I'm very familiar with NTV/KFXL as I have grew up with NTV and remember picking up NTV at times before the digital conversion that makes it very difficult to pick up NTV's over the air signal. Yes, I'm also I'm tired of Pappas playing politics with NTV/KFXL's future. I would be very really sad if NTV/KFXL were to go off the air and go dark very permanently if Pappas continues to be very balky at finally finding a satisfied buyer he be willing to be satisfied with in selling NTV/KFXL to the buyer he'd be satisfied in acquiring NTV/KFXL. I'd be shocked if Brian W Brady's Northwest Broadcasting, David Smith's Sinclair BroadcastGroup, the very notorious Mark Nalbone's Wyomedia, or the very notorious Max Media ever bought NTV/KFXL from Harry Pappas/Pappas Telecasting which has been stuck in the Pappas bankruptcy and receivership turmoil with Pappas filing for bankruptcy excluding NTV in May 2008 and the rest of the Pappas assets not covered from the original bankruptcy filing going into receivership as part of the Pappas Liquidating Trust including NTV in March 2012 with Lee W Shubert as receivership trustee then later transfer control to David Stapleton in October 2013 as the present receivership trustee for Harry Pappas/Pappas Telecasting. Would shocked if Brian W Brady/Northwest Broadcasting were to acquire NTV/KFXL to reunite with KSWT from Pappas ownership-parentship with KSWT being part of a Big 3 duopoly with KYMA in Yuma. Brady could use NTV stations KHGI and KWNB and stand alone KFXL being used as leverage for FOX programming on the other TV stations Brady operates that are affiliated with FOX as well as being past chairman of the FOX affiliation board. Brady could sell NTV's ABC affiliation to Philip Lombardo's Citadel Communications as Brady would prefer to run NTV9KHGI-KWNB) as an affiliate of the FOX Network while KFXL becomes an independent station since Lombardo is more on focus with the ABC Network and Brady is more on focus with the FOX Network. Lombardo/Citadel would continue to have the ABC affiliation on KLKN with KLKN's programming being available on NTV's KHGI-KWNB digital multicast sub-channel while NTV and an independent KFXL programming being available on KLKN's digital multicast sub-channels. Would shocked if Sinclair Broadcast Group were to acquire NTV/KFXL to reunite with KMPH/KFRE, KDBC, KPTM/KXVO, and KPTH/KMEG from Pappas ownership-parentship and WWHO from Fant ownership-parentship and Sinclair could use NTV/KFXL being used as leverage for both ABC and FOX programming on the other TV stations Sinclair operates that are affiliated with ABC or FOX or in cases where Sinclair operates TV stations where Sinclair has the rights to both ABC and FOX programming in the same TV DMA. It could still be possible for Philip Lombardo/Citadel Communications to try to snag NTV/KFXL as a whole with Lombardo/Citadel to piece back together the NTV Network aka The Nebraska Television Network as possible with the ex former KHQL/KCNA, than KBGT, than KCAU satellite station KCAN, now the present day KLKN being licensed to Lincoln, KHOL/KHGI being licensed to Kearney, and KHPL/KWNB being licensed to Hayes Center without ex former NTV Network station KHTL/KSNB having been flipped and switched from being as an ABC station being part of the NTV Network under the satellite of KHGI to being as an FOX station as a satellite of KTVG till KSNB went dark in December 2009 and KTVG soon followed in April 2010 due to the Pappas bankruptcy turmoil before Gray bought KSNB to later becoming the flagship home of NBC Nebraska as a carry over from the ex former KHAS. KLKN would be the real ABC affiliate, NTV stations KHGI and KWNB would be the real FOX affiliate, KFXL would in effect be an independent station with KLKN's programming being on NTV's digital multicast sub-channel while NTV and an independent KFXL programming being available on KLKN's digital multicast sub-channels. Lombardo/Citadel could try to acquire KHGI and KWNB under a satellite waiver for KHGI to continue to operate KWNB as a satellite for KHGI's programming, for KHGI to operate KLKN as a satellite for KHGI's programming, and for KLKN to operate KHGI and KWNB as satellites of KLKN for KLKN's programming, and could try to acquire KHGI and KWNB under a failed station waiver due to KHGI and KWNB having been in receivership 2 times in the whole entire history of NTV as a whole including the first time in 1989 lasting till 1993 with KHGI, KWNB and KSNB being part of the NTV Network under Gordon Broadcasting ownership before selling NTV to Fant Broadcasting and currently for the second time in since 2012 with KHGI, KWNB and KFXL as part of the Pappas Liquidating Trust under Pappas Telecasting ownership, having been affected in the Pappas bankruptcy and receivership saga turmoil since May 2008, and likely as the only reasonable candidate to acquire NTV/KFXL due to being very familiar with the entire Lincoln-Grand Island-Hastings-Kearney TV DMA as a whole since acquiring ex former NTV station KHQL/KCNA turned independent station KBGT at the time in November 1986, turned it into a satellite of Sioux City ABC station KCAU as KCAN when continue to have been broadcasting from the Albion area as the station having been licensed to Albion since 1964 reaching the Norfolk and Columbus areas, later moved the KCAN license to Lincoln to become the present day KLKN in March-May 1996. Lombardo/Citadel may still would want NTV/KFXL to consolidate and connect with KLKN to better compete with Gray's 10/11 and NBC Nebraska. The stand alone KFXL station is bound to be used as spectrum bait being auctioned off in the spectrum auction. Pappas would likely prefer to hand pick himself to sell off NTV/KFXL to Sinclair Broadcast Group out of Hunt Valley, Maryland due to not being happy with Gray having TV stations in Reno, NV; Colorado Springs, CO; Wichita, KS; Omaha, NE; Madison, WI; Lexington, KY; Flint, MI; Toledo, OH; Charleston, WV; Albany, GA; and Tallahassee, FL with Pappas selling off his Reno stations to Entravision before Sinclair acquired different stations independent of Pappas in Reno themselves from Cox and Intermountain West Communications Company/Sunbelt and his Omaha stations to New World LLC/Titan Broadcasting Management Group before selling them to Sinclair, Sinclair acquired KSAS/KMTW in Wichita from Newport and acquired KPTM/KXVO in Omaha from Titan while Gray acquired KAKE in Wichita and WOWT in Omaha from Benedek with Benedek trading and swapping it's Springfield, Massachusetts station to Lin Media for the stations in Wichita, Kansas and Omaha, Nebraska which Lin Media bought from Chronicle, and not happy with Gray acquiring WTVG in Toledo and WJRT in Flint from SJL/Lilly while Sinclair has WNWO in Toledo and WEYI/WBSF/WSYH in Flint. Pappas would likely prefer to hand pick himself to sell off NTV/KFXL to Brian W Brady/Northwest Broadcasting out of Okemos, Michigan due to not being happy with Gray acquiring KGNS in Laredo from Yellowing/Frontier Radio. Pappas would likely prefer to hand pick himself to sell off NTV/KFXL to Mark Nalbone/Wyomedia out of Casper, Wyoming due to not being happy with Gray acquiring the fastest successful KCWY in Casper and KGWN in Cheyenne with satellite KSTF in Scottsbluff from Yellowstone/Frontier Radio. Pappas would likely prefer to hand pick himself to sell off NTV/KFXL to Max Media out of Virginia Beach, Virginia due to not being happy with Gray having the only highly successful WBKO in Bowling Green. If Philip Lombardo-Citadel wanted to cash out, could sell WLNE to either Meredith or Nexstar and KLKN to either Lin Media-Media General Meredith, Nexstar, Sinclair, or whoever would ever buy NTV/KFXL to also purchase KLKN to help complete the NTV Network to expand on bringing NTV service to Lincoln. If Mark Nalbone-Wyomedia wanted to cash out, could sell Casper TV DMA CBS station KGWC and satellites KGWL and KGWR to Gray to consolidate them with KCWY and Gray use KGWC and satelites KGWL and KGWR to expand the reach of KCWY OTA coverage area with KGWC CBS station on the DT1 in 720 HDTV, KCWY NBC station on the DT2 in 720 HDTV, and CW programming on the DT3 in 480 SDTV by using KGWC-KGWL-KGWR digital multicast sub-channels by way of Gray being able to get granted a failed station waiver for KGWC and satellites KGWL and KGWR due to the way how very badly the too cheap, el cheapo Mark Nalbone/Wyomedia handled those stations, and could sell out Cheyenne station KLWY FOX/ABC and Casper stations KTWO and KFNB and satellites KFNR and KFNE to either KHQ/Cowles since KHQ/Cowles has a presence in Billing being closer to Casper or Nexstar since Nexstar has a presence in Salt Lake City and Grand Junction being closer to Caspar and Cheyenne. If Rapid Broadcasting wanted to cash out, could sell non-licensed assets of KNBN and low powered sister stations of KNBN to Gray with KNBN's and NBC programming being shown on KEVN-KIVV digital multicast sub-channel with NBC programming being moved to the DT1 of KEVN-KIVV and FOX programming being moved to the DT2 of KEVN-KIVV, could sell out KWSD spectrum in the spectrum auction since KWSD won't even return to the air in the future. If Independent Television wanted to cash out, could sell the non-licensed assets of KTTW-KTTM to Gray with the FOX programming from KTTW-KTTM being shown on KSFY DT2 digital multicast sub-channel since KSFY is the strongest station while KTTW-KTTM is the weakest station. If Max Media wanted to cash out of WNKY, it could/would be almost a miracle for Gray to acquire WNKY and to combined WNKY with Gray's existing successful station WBKO in Bowling Green with CBS moving to WBKO DT2 sub-channel since Gray prefers to have CBS programming being broadcasted on their very highly successful stations Gray owns and operates and FOX moving to WNKY DT2 sub-channel by way of Gray being able to get granted a failed station waiver for WNKY due to the way how very badly the too cheap, el cheapo, Max Media handled WNKY. If Saga wanted to cash out of their stations in Victoria, TX and Pittsburg, KS, they could sell them all to Gray with Gray being granted a failed station waiver for acquiring the weakest station in addition to acquiring the strongest station as part of Saga duopolies in Victoria and Pittsburg. If The Gazette/One Source Media wanted to cash out of KCRG, they could sell KCRG to either Meredith, Nexstar, Lin Media-Media General, Scripps-Journal, Hearst, Gannett, or Tribune. It could be possible for Perry Sook's Nexstar to acquire both KCWI and KDMI from Pappas due to KDMI qualifying for a failed station waiver for Nexstar to acquire as Nexstar is the best qualifying candidate for KDMI and could/would use KDMI digital RF Channel 19 for Nexstar to operate WOI ABC on 5.1 and KCWI CW 23.1 and also to continue to be a sister to KCWI and both KCWI and KDMI be sister stations to existing Nexstar owned WOI in Des Moines. Link to comment https://localnewstalk.net/topic/14276-gray-purchasing-kmvtksvt/#findComment-125048 Share on other sites More sharing options...
William1111 41 Posted March 12, 2015 Share Posted March 12, 2015 What single operations are left these days? Ed Ansin. Link to comment https://localnewstalk.net/topic/14276-gray-purchasing-kmvtksvt/#findComment-125052 Share on other sites More sharing options...
NewsMaster 226 Posted March 12, 2015 Share Posted March 12, 2015 Can someone please buy NTV already. I think I speak for everyone here at TVNT in saying this s*it is getting really old really fast. This thread has NOTHING to do with KHGI or Pappas. Link to comment https://localnewstalk.net/topic/14276-gray-purchasing-kmvtksvt/#findComment-125053 Share on other sites More sharing options...
Samantha 2895 Posted March 12, 2015 Share Posted March 12, 2015 Can someone please buy NTV already. I'm fairly sure the actual employees there feel the same way. Link to comment https://localnewstalk.net/topic/14276-gray-purchasing-kmvtksvt/#findComment-125054 Share on other sites More sharing options...
A3N 1002 Posted March 12, 2015 Share Posted March 12, 2015 What single operations are left these days? The McKinnon's who own KUSI and The Kimmel's (Midwest Television) who own KFMB. Extremely rare to still have single/family owned stations. There was an article on TVNewscheck a few weeks ago in which they interviewed one of the McKinnon's in regards to the success of having a highly-rated independent station during this M&A craze. According to him, he's had offers weekly to sell the station (take it for what it's worth), but he's turned them all down. The fact that KFMB has lasted this long without being taken over by a larger company is surprising. In regards to KMVT/KSVT, being in such a small market it just made sense for the owner's to cash out. Link to comment https://localnewstalk.net/topic/14276-gray-purchasing-kmvtksvt/#findComment-125060 Share on other sites More sharing options...
LOWERCASE GUY 262 Posted March 12, 2015 Share Posted March 12, 2015 KTWO (ABC), KFNB (FOX), KGWC (CBS) in Casper, WY are all "owned" by one person. They are also in the same building. Link to comment https://localnewstalk.net/topic/14276-gray-purchasing-kmvtksvt/#findComment-125062 Share on other sites More sharing options...
Samantha 2895 Posted March 12, 2015 Share Posted March 12, 2015 KAZT Prescott/Phoenix is another one; local ownership since 2002. Also, KNBN (in fact Rapid City had three of them until KEVN, owned by a "Mission TV, LLC", sold to Gray, and the Duhamels exited broadcasting by selling KOTA to Schurz). Link to comment https://localnewstalk.net/topic/14276-gray-purchasing-kmvtksvt/#findComment-125063 Share on other sites More sharing options...
scrabbleship 429 Posted March 13, 2015 Share Posted March 13, 2015 KLAS. But that's dead. Adding to the list, WINK/WXCW, WCAX, WPSD, WSIL. Also, if Sunbeam is a single operator then so is Griffin. And neither is no different than Dispatch. Link to comment https://localnewstalk.net/topic/14276-gray-purchasing-kmvtksvt/#findComment-125091 Share on other sites More sharing options...
TheRolyPoly 2416 Posted March 13, 2015 Share Posted March 13, 2015 Adding to the list, WINK/WXCW, WCAX, WPSD, WSIL. Also, if Sunbeam is a single operator then so is Griffin. And neither is no different than Dispatch. Don't forget Waterman Broadcasting, even though they own and operate 3 stations, they treat WBBH/WZVN like locally-owned stations, just like everybody else in the market, with the exception of WFTX which is owned by Journal, going to Scripps. Link to comment https://localnewstalk.net/topic/14276-gray-purchasing-kmvtksvt/#findComment-125105 Share on other sites More sharing options...
Mrtraveler01 738 Posted March 14, 2015 Share Posted March 14, 2015 Adding to the list, WINK/WXCW, WCAX, WPSD, WSIL. Also, if Sunbeam is a single operator then so is Griffin. And neither is no different than Dispatch. And if you're adding those you might as well add WINK/WXCW's competitor which is WBBH/WZVN which is owned by Waterman who owns those stations in addition to WVIR in Virginia. Link to comment https://localnewstalk.net/topic/14276-gray-purchasing-kmvtksvt/#findComment-125155 Share on other sites More sharing options...
TheRolyPoly 2416 Posted March 14, 2015 Share Posted March 14, 2015 And if you're adding those you might as well add WINK/WXCW's competitor which is WBBH/WZVN which is owned by Waterman who owns those stations in addition to WVIR in Virginia. Waterman only operates WZVN through a LMA as its legally owned by Montclair Communications, Inc. Link to comment https://localnewstalk.net/topic/14276-gray-purchasing-kmvtksvt/#findComment-125161 Share on other sites More sharing options...
Engineer57 2 Posted March 15, 2015 Share Posted March 15, 2015 What single operations are left these days? If you're being really strict, it's getting very hard to come by. KUQI in Corpus Christi is owned by people that used to be its creditors, KRBK in Missouri is owned by an entrepreneur in St Louis. KAIL in Fresno. You might be able to define New Age Media's Chattanooga duopoly of WDSI/WFLI as one. I think they still technically own some of the licenses of the stations they sold to Sinclair, but have no real part in their operation and they aren't listed on their website. WDSI/WFLI is. WFXU in Tallahassee. GOCOM owns KHSL/KNVN in Chico. If you're simply looking for groups that only have a very small handful of stations, you can bring in Diversified with WABI in Bangor and WCJB in Gainesville. The Manship Family owns their Baton Rouge duopoly and WRGV in McAllen. Link to comment https://localnewstalk.net/topic/14276-gray-purchasing-kmvtksvt/#findComment-125192 Share on other sites More sharing options...
scrabbleship 429 Posted March 15, 2015 Share Posted March 15, 2015 And if you're adding those you might as well add WINK/WXCW's competitor which is WBBH/WZVN which is owned by Waterman who owns those stations in addition to WVIR in Virginia. Fort Myers is an odd market for it's size having resisted large groups aside from WFTX and with WXCW having gone from a group (Acme) to standalone. Link to comment https://localnewstalk.net/topic/14276-gray-purchasing-kmvtksvt/#findComment-125196 Share on other sites More sharing options...
Engineer57 2 Posted March 15, 2015 Share Posted March 15, 2015 Mem Fort Myers is an odd market for it's size having resisted large groups aside from WFTX and with WXCW having gone from a group (Acme) to standalone. What are the ad revenues and employee salary levels there? I know the market itself has grown a lot in the last 30 years. Are the revenues and expenses lagging behind the census data, making it from a business side more of an analogue for a market like Colorado Springs than for a market like Memphis or New Orleans? And if there is a lag, is there a secondary factor like population density or the average age of the viewer that would explain it? Do markets where the core city makes a larger percentage of the total population function like a bigger market than their Neilsen rank would indicate while markets with several medium sized cities or a continuous suburban-density sprawl make a market underperform financially? Link to comment https://localnewstalk.net/topic/14276-gray-purchasing-kmvtksvt/#findComment-125215 Share on other sites More sharing options...
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