LTSC1980 99 Posted February 11, 2016 Share Posted February 11, 2016 Which ones, just out of curiosity? WDSU? Link to comment Share on other sites More sharing options...
tyrannical bastard 3541 Posted February 11, 2016 Share Posted February 11, 2016 Media General's stations are about to feel the pain of Nexstar. Some have perpetually sucked and will fit right in with how Nexstar does things (WKRN, WSLS, WIAT). Some of them have already been gutted and never fully recovered under MG's watch (WCMH, WFLA). Some more took some blows but have somewhat recouped what they lost in recent years (WKRG, WSPA). Then there are the few and lucky ones that have owned their market and are given whatever they need to stay on top (WJBF, KELO). Nexstar is going to bleed these stations so that they are on the level of everyone else. Bottom line, if they pay their employees well above the market rate and/or they've been around for very long time, that's about to go away real quick. And the stations will likely be poorer because of it. Lots of the dead wood was cut out over the years of Media General right-sizing itself, so anything further could make their properties suffer even more. Link to comment Share on other sites More sharing options...
GoldenShine9 1509 Posted February 11, 2016 Share Posted February 11, 2016 I'd be interested to see how the competition tries to react to this situation developing in MG markets. If the Media General station has long dominated yet faces cuts by Nexstar, this could be a historic opportunity for some stations to break the ice in some markets. Link to comment Share on other sites More sharing options...
ProButtonPusher 230 Posted February 11, 2016 Share Posted February 11, 2016 Then there are the few and lucky ones that have owned their market and are given whatever they need to stay on top (WJBF, KELO). Nexstar is going to bleed these stations so that they are on the level of everyone else. See this is strange logic. If a station is the market leader, that means (usually) that it makes the most money in the market. Say what you will about Perry Sook/Nexstar, but they're not stupid. You're not going to ruin a good thing when you have it. Nexstar of the past would buy bottom-dweller stations and cut them down and make them at least profitable. They're now buying a bunch of stations that perform well in their market. But if you're already profitable, why would you bring down a station so that it makes less money? It just doesn't add-up. Link to comment Share on other sites More sharing options...
Mrtraveler01 737 Posted February 11, 2016 Share Posted February 11, 2016 They want cord cutting, that's why!!! Ironically, part of that is the fault of the broadcasters (including Nexstar and Sinclair but especially networks like CBS, Fox, NBC, ABC, ESPN etc.). People are "cutting the cord" because the cost of cable keeps going up and part of the reason for that is that broadcasters keep asking for higher transmission fees from cable companies to carry their signal which ends up being added to the consumer's cable bill. It's gotten to the point that cable consumers are saying enough and resorting to options like Netflix and Hulu instead. The fact that broadcaster's own greed and stupidity is slowly becoming their downfall just proves that broadcasting executives are just as shortsighted and clueless about the broadcasting industry as anyone on this forum (including myself). Nexstar and Sinclair aren't the saviors of television. They are much like Cumulus and Clear Channel. Smartest thing I've read on here and I couldn't agree with you more. They're both basically working on the same philosophy that Cumulus and Clear Channel are. Link to comment Share on other sites More sharing options...
CircleSeven 1945 Posted February 11, 2016 Share Posted February 11, 2016 The Paperwork Is Up!!! Here's the comprehensive exhibit & transaction document regarding the Nexstar/MG deal. The comp exhibit list the stations they have to spin off, asking for satellite waivers, etc. And remember that possibility of spinning off two other stations (the Hampton Roads & New Mexico ones) during the MG/LIN deal, they might have to spin those stations off too in this deal. It did not list that they had to spin-off that Natchez, MS station WNTZ, but it did state that it had to spin-off something to come into compliance with the ownership cap. Link to comment Share on other sites More sharing options...
TennTV1983 767 Posted February 11, 2016 Share Posted February 11, 2016 See this is strange logic. If a station is the market leader, that means (usually) that it makes the most money in the market. Say what you will about Perry Sook/Nexstar, but they're not stupid. You're not going to ruin a good thing when you have it. Nexstar of the past would buy bottom-dweller stations and cut them down and make them at least profitable. They're now buying a bunch of stations that perform well in their market. But if you're already profitable, why would you bring down a station so that it makes less money? It just doesn't add-up. I think it has more to do with how Sinclair and Nexstar basically micromanage most if not all of their stations to the bare minimum in terms of talent, staff, and general operations all while trying to get positive returns on their investments at the same time (since both companies are publicly traded entities). Link to comment Share on other sites More sharing options...
GoldenShine9 1509 Posted February 11, 2016 Share Posted February 11, 2016 The Paperwork Is Up!!! Here's the comprehensive exhibit & transaction document regarding the Nexstar/MG deal. The comp exhibit list the stations they have to spin off, asking for satellite waivers, etc. And remember that possibility of spinning off two other stations (the Hampton Roads & New Mexico ones) during the MG/LIN deal, they might have to spin those stations off too in this deal. It did not list that they had to spin-off that Natchez, MS station WNTZ, but it did state that it had to spin-off something to come into compliance with the ownership cap. Something tells me that Media General made the divestments a condition of the sale. If Perry Sook had his way, he'd shell everything, FCC be darned. In at least a few markets I am sure they wouldn't get away with it - Terre Haute they would end up with a monopoly and Fort Wayne, Lafayette and the Quad Cities would only have one other commercial owner. Link to comment Share on other sites More sharing options...
Eat News 4738 Posted February 11, 2016 Share Posted February 11, 2016 FTVlive is reporting that our worst fears of Nexstar taking over Media General could be realized by cutting and replacing managers and employees with cheaper ones.... http://www.ftvlive.com/todays-news/2016/2/9/media-general-managers-trying-to-get-out-now And the rats are escaping the ship that is about to be sunk.... The rats are running out of ships....... Link to comment Share on other sites More sharing options...
GoldenShine9 1509 Posted February 11, 2016 Share Posted February 11, 2016 The rats are running out of ships....... What do you mean by that? Link to comment Share on other sites More sharing options...
Breaking News 809 Posted February 11, 2016 Share Posted February 11, 2016 Cox, Hearst, Graham, ABC, NBC Gray and Raycom are ok, but could invest more Grade A -Best Overall Owners Cox Hearst Graham (formerly known as Post-Newsweek Stations) ABC O&O NBC O&O Best Family Owners Dispatch Group /The Wolfe Family Hubbard Broadcasting/The Hubbard Family Capitol Broadcasting Griffin Communications Grade B or C Owners Sunbeam Television Meredith FOX O&O TEGNA (formerly known as Gannett) Gray Tribune Mediocre Owners Media General Raycom E.W. Scripps ( How the mighty has fallen) CBS O&O Sinclair McKinnon Broadcasting Bahakel Broadcasting Link to comment Share on other sites More sharing options...
24994J 5327 Posted February 11, 2016 Share Posted February 11, 2016 Grade A -Best Overall Owners Cox Hearst Graham (formerly known as Post-Newsweek Stations) ABC O&O NBC O&O Best Family Owners Dispatch Group /The Wolfe Family Hubbard Broadcasting/The Hubbard Family Capitol Broadcasting Griffin Communications Grade B or C Owners Sunbeam Television Meredith FOX O&O TEGNA (formerly known as Gannett) Gray Tribune Mediocre Owners Media General Raycom E.W. Scripps ( How the mighty has fallen) CBS O&O Sinclair McKinnon Broadcasting Bahakel Broadcasting The only change I'd make is to put Fox and CBS on the same level. They operate similarly, in my opinion, so I wouldn't put one over the other. Link to comment Share on other sites More sharing options...
promoguy98 252 Posted February 11, 2016 Share Posted February 11, 2016 Grade A -Best Overall Owners Cox Hearst Graham (formerly known as Post-Newsweek Stations) ABC O&O NBC O&O Best Family Owners Dispatch Group /The Wolfe Family Hubbard Broadcasting/The Hubbard Family Capitol Broadcasting Griffin Communications Grade B or C Owners Sunbeam Television Meredith FOX O&O TEGNA (formerly known as Gannett) Gray Tribune Mediocre Owners Media General Raycom E.W. Scripps ( How the mighty has fallen) CBS O&O Sinclair McKinnon Broadcasting Bahakel Broadcasting Oh yeah toss Morris under mediocre. Those 2 M's sure go together. Link to comment Share on other sites More sharing options...
atlnews2 563 Posted February 11, 2016 Share Posted February 11, 2016 Grade A -Best Overall Owners Cox Hearst Graham (formerly known as Post-Newsweek Stations) ABC O&O NBC O&O Best Family Owners Dispatch Group /The Wolfe Family Hubbard Broadcasting/The Hubbard Family Capitol Broadcasting Griffin Communications Grade B or C Owners Sunbeam Television Meredith FOX O&O TEGNA (formerly known as Gannett) Gray Tribune Mediocre Owners Media General Raycom E.W. Scripps ( How the mighty has fallen) CBS O&O Sinclair McKinnon Broadcasting Bahakel Broadcasting I disagree with your assessment of Raycom. In my opinion they are a C or B- owner. not great, but not terrible. CBS is at least on par with the Fox O&Os. I also don't hold Hubbard in that high regard. How in the world could you leave Nexstar off of your list of mediocre owners Link to comment Share on other sites More sharing options...
atlnews2 563 Posted February 11, 2016 Share Posted February 11, 2016 Oh yeah toss Morris under mediocre. Those 2 M's sure go together. Morris is in it's own special category of awful Link to comment Share on other sites More sharing options...
Hexagonal10 84 Posted February 11, 2016 Share Posted February 11, 2016 Morris is in it's own special category of awful No, I think it belongs in the garbage bin, not even the recycling. Link to comment Share on other sites More sharing options...
mre29 1359 Posted February 12, 2016 Share Posted February 12, 2016 How in the world could you leave Nexstar off of your list of mediocre owners Better question: How can you have "mediocre" be the lowest tier? No need to be PC about it -- you can have a "terrible owners" tier. Link to comment Share on other sites More sharing options...
Breaking News 809 Posted February 12, 2016 Share Posted February 12, 2016 How in the world could you leave Nexstar off of your list of mediocre owners Better question: How can you have "mediocre" be the lowest tier? No need to be PC about it -- you can have a "terrible owners" tier. I was being PC, and hoping the conversation would continue and somebody else would chime in on the terrible owners list to keep it going. Link to comment Share on other sites More sharing options...
AJClementeFan69 477 Posted February 12, 2016 Share Posted February 12, 2016 Here's how I'd stack it...breaking up the top tier into three subcategories. Ranked on station investment...reputation as employer...etc. Best: Best Major Groups: Hearst Cox Graham ABC NBC Best Large Market "Small Groups" (present in <=5 markets): Graham Capitol Griffin Dispatch Best Mid/Small-Market "Small Groups": Cordillera Heartland NPG Morgan Murphy Above-Average: CBS Quincy Meredith Hubbard Sunbeam Average: Scripps Tegna Tribune Below Average: Raycom Gray Weigel Bottom of the Barrel: Sinclair Nexstar Bahakel Morris SJL/Lilly Citadel McKinnon So many of the companies between "Best" and "Bottom of the Barrel" depend on the station. I'm not sure where to rank ones like Bonten, Block or Lockwood. Schurz probably would have ranked high if it were still around. Link to comment Share on other sites More sharing options...
channel2 891 Posted February 12, 2016 Share Posted February 12, 2016 You didn't rank Fox or Media General (despite MG's impending disappearance). Link to comment Share on other sites More sharing options...
atlnews2 563 Posted February 12, 2016 Share Posted February 12, 2016 Here's how I'd stack it...breaking up the top tier into three subcategories. Ranked on station investment...reputation as employer...etc. Best: Best Major Groups: Hearst Cox Graham ABC NBC Best Large Market "Small Groups" (present in <=5 markets): Graham Capitol Griffin Dispatch Best Mid/Small-Market "Small Groups": Cordillera Heartland NPG Morgan Murphy Above-Average: CBS Quincy Meredith Hubbard Sunbeam Average: Scripps Tegna Tribune Below Average: Raycom Gray Weigel Bottom of the Barrel: Sinclair Nexstar Bahakel Morris SJL/Lilly Citadel McKinnon So many of the companies between "Best" and "Bottom of the Barrel" depend on the station. I'm not sure where to rank ones like Bonten, Block or Lockwood. Schurz probably would have ranked high if it were still around. Raycom and Gray can be moved to average, Scripps to below average. I agree with everything else Link to comment Share on other sites More sharing options...
AJClementeFan69 477 Posted February 13, 2016 Share Posted February 13, 2016 You didn't rank Fox or Media General (despite MG's impending disappearance). Good call. Fox probably belongs in the average or above average category. The LIN version of MG is average. Previous iteration below average. Link to comment Share on other sites More sharing options...
mre29 1359 Posted February 13, 2016 Share Posted February 13, 2016 Fox probably belongs in the average or above average category. The LIN version of MG is average. Previous iteration below average. How about LIN as it was pre-MG? Link to comment Share on other sites More sharing options...
mardek1995 200 Posted February 14, 2016 Share Posted February 14, 2016 Ironically, part of that is the fault of the broadcasters (including Nexstar and Sinclair but especially networks like CBS, Fox, NBC, ABC, ESPN etc.). People are "cutting the cord" because the cost of cable keeps going up and part of the reason for that is that broadcasters keep asking for higher transmission fees from cable companies to carry their signal which ends up being added to the consumer's cable bill. It's gotten to the point that cable consumers are saying enough and resorting to options like Netflix and Hulu instead. The fact that broadcaster's own greed and stupidity is slowly becoming their downfall just proves that broadcasting executives are just as shortsighted and clueless about the broadcasting industry as anyone on this forum (including myself). Which is why Perry Sook denounced the fact that local tv (including his own company) failed to innovate to the level that the "disruptors" (like Roku, Apple TV, and the Amazon Fire TV) are. Link to comment Share on other sites More sharing options...
Eat News 4738 Posted February 14, 2016 Share Posted February 14, 2016 Which is why Perry Sook denounced the fact that local tv (including his own company) failed to innovate to the level that the "disruptors" (like Roku, Apple TV, and the Amazon Fire TV) are. They call those new wave food trucks disruptive in my neighborhood...but they are just bringing the cool new food closer to the patrons. Pisses off the restaurants...but give the people what they want. There is a giant difference, The disrupters are entertainment programming competing with each other, and there is some real good stuff out there so they should be concerned. What we DON'T see are TV news programmers bringing innovative products to the market...just stripped down bastardized and perverted versions of bargain basement crap they THINK we want. Just because some idiot thinks "the Now" is the new hot item dose not mean we all have to accept it as fact. Link to comment Share on other sites More sharing options...
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