mardek1995 200 Posted September 30, 2015 Share Posted September 30, 2015 Nope. Not with Gray. Gray is fine on its own. And I was actually thinking of "myindywish.com" or "ourindywish.com" Still, I agree with almost everyone on this thread (and Warren Buffet as well). Media General should disregard Nexstar and Starboard Value (and I'm starting to think they're fast buds) and buy Meredith because not only does it make more strategic sense, it also makes more financial sense in the long run as well (and among the reasons for it is that WISH is basically Indianapolis' version of WGN). Link to comment https://localnewstalk.net/topic/14688-nexstar-bids-for-media-general/page/3/#findComment-136317 Share on other sites More sharing options...
TheRolyPoly 2449 Posted September 30, 2015 Share Posted September 30, 2015 Still, I agree with almost everyone on this thread (and Warren Buffet as well). Media General should disregard Nexstar and Starboard Value (and I'm starting to think they're fast buds) and buy Meredith because not only does it make more strategic sense, it also makes more financial sense in the long run as well (and among the reasons for it is that WISH is basically Indianapolis' version of WGN). WISH is really becoming like Indy's version of WGN. After all, they got local sports and the Cubbies and White Sox on weekends, plus The CW and local news. Link to comment https://localnewstalk.net/topic/14688-nexstar-bids-for-media-general/page/3/#findComment-136318 Share on other sites More sharing options...
mardek1995 200 Posted September 30, 2015 Share Posted September 30, 2015 And here's an idea, let's side against Jeff Smith and his ideas for cost efficiencies because it'll ruin Media General's stations if he wins! Link to comment https://localnewstalk.net/topic/14688-nexstar-bids-for-media-general/page/3/#findComment-136320 Share on other sites More sharing options...
plnewsfan 9 Posted September 30, 2015 Share Posted September 30, 2015 If you go to Richmond when Nexstar will buy MG, then you will see Local 12 News. Link to comment https://localnewstalk.net/topic/14688-nexstar-bids-for-media-general/page/3/#findComment-136322 Share on other sites More sharing options...
tw-804 192 Posted September 30, 2015 Share Posted September 30, 2015 If you go to Richmond when Nexstar will buy MG, then you will see Local 12 News. You mean Local 8 (12's owned by Raycom) and I can't see that branding on WRIC. Plus, I can't see Nexstar with WRIC, WAVY and WSLS. Link to comment https://localnewstalk.net/topic/14688-nexstar-bids-for-media-general/page/3/#findComment-136324 Share on other sites More sharing options...
Breaking News 829 Posted September 30, 2015 Share Posted September 30, 2015 You mean Local 8 (12's owned by Raycom) and I can't see that branding on WRIC. Plus, I can't see Nexstar with WRIC, WAVY and WSLS. Let talk about Richmond for a moment. WRIC-TV how long have they had that current logo? I remember that logo in 1994 visiting. It time for a change don't you think? Is TVR & RIC tied for second place in the ratings? Link to comment https://localnewstalk.net/topic/14688-nexstar-bids-for-media-general/page/3/#findComment-136327 Share on other sites More sharing options...
broadcastfan9751 140 Posted September 30, 2015 Share Posted September 30, 2015 Still, I agree with almost everyone on this thread (and Warren Buffet as well). Media General should disregard Nexstar and Starboard Value (and I'm starting to think they're fast buds) and buy Meredith because not only does it make more strategic sense, it also makes more financial sense in the long run as well (and among the reasons for it is that WISH is basically Indianapolis' version of WGN). The Problem is, even if Media General's board rejects the offer, Media General's shareholders could still reject the merger with Meredith, since shareholder approval is required for the merger to go through. Link to comment https://localnewstalk.net/topic/14688-nexstar-bids-for-media-general/page/3/#findComment-136336 Share on other sites More sharing options...
mardek1995 200 Posted September 30, 2015 Share Posted September 30, 2015 The Problem is, even if Media General's board rejects the offer, Media General's shareholders could still reject the merger with Meredith, since shareholder approval is required for the merger to go through. I'd rather that Media General doesn't get bought by Nexstar. Link to comment https://localnewstalk.net/topic/14688-nexstar-bids-for-media-general/page/3/#findComment-136346 Share on other sites More sharing options...
AJClementeFan69 477 Posted September 30, 2015 Share Posted September 30, 2015 The idea of WeAreTampaBay.com or IndyProud.com or HamptonRoadsHomepage.com made me throw up in my mouth a little. This makes Sinclair's buys look fantastic for the business by comparison. Link to comment https://localnewstalk.net/topic/14688-nexstar-bids-for-media-general/page/3/#findComment-136348 Share on other sites More sharing options...
channel2 979 Posted September 30, 2015 Share Posted September 30, 2015 Let talk about Richmond for a moment. WRIC-TV how long have they had that current logo? I remember that logo in 1994 visiting. It time for a change don't you think? No, because they would almost certainly replace it with some generic, forgettable, low-effort thing. Link to comment https://localnewstalk.net/topic/14688-nexstar-bids-for-media-general/page/3/#findComment-136350 Share on other sites More sharing options...
tw-804 192 Posted October 1, 2015 Share Posted October 1, 2015 Let talk about Richmond for a moment. WRIC-TV how long have they had that current logo? I remember that logo in 1994 visiting. It time for a change don't you think? Is TVR & RIC tied for second place in the ratings? The current logo's been around since 2004 (the ABC logo was added next to it back in 2010) after their stylized "8" was in a circle for 14 years. As for ratings, I don't know if WTVR and WRIC are tied or not since the Richmond Times-Dispatch stopped doing articles on sweeps ratings a few years ago. Link to comment https://localnewstalk.net/topic/14688-nexstar-bids-for-media-general/page/3/#findComment-136375 Share on other sites More sharing options...
channel2 979 Posted October 1, 2015 Share Posted October 1, 2015 It seems to be getting harder to find unbiased ratings info in general. Link to comment https://localnewstalk.net/topic/14688-nexstar-bids-for-media-general/page/3/#findComment-136376 Share on other sites More sharing options...
tyrannical bastard 3955 Posted October 1, 2015 Share Posted October 1, 2015 http://www.tvnewscheck.com/mobile/index/article/id/88872 Nexstar wants Media General badly and is prepared to take its case directly to the stockholders.... It does seem that the Meredith deal is a "poison pill" to prevent Nexstar from taking over. I don't even think Sinclair was this reckless in their acquisitions. At least the companies they acquired were willing to be sucked into them.... Link to comment https://localnewstalk.net/topic/14688-nexstar-bids-for-media-general/page/3/#findComment-136431 Share on other sites More sharing options...
mardek1995 200 Posted October 1, 2015 Share Posted October 1, 2015 http://www.tvnewscheck.com/mobile/index/article/id/88872 Nexstar wants Media General badly and is prepared to take its case directly to the stockholders.... It does seem that the Meredith deal is a "poison pill" to prevent Nexstar from taking over. I don't even think Sinclair was this reckless in their acquisitions. At least the companies they acquired were willing to be sucked into them.... Meredith isn't a poison pill. Nexstar is because they do more with less by being cheap! Do you remember when KLAS got bought by Nexstar? Their helicopter got grounded and their traffic departments greatly reduced if not gone! That's one of the reasons why I think Nexstar is the real poison pill. Link to comment https://localnewstalk.net/topic/14688-nexstar-bids-for-media-general/page/3/#findComment-136440 Share on other sites More sharing options...
channel2 979 Posted October 1, 2015 Share Posted October 1, 2015 This is a poison pill. It is a method that thwarts hostile takeovers by flooding the market with new shares once someone purchases too many of them. Meredith appears to be a white knight of sorts. Link to comment https://localnewstalk.net/topic/14688-nexstar-bids-for-media-general/page/3/#findComment-136456 Share on other sites More sharing options...
mardek1995 200 Posted October 1, 2015 Share Posted October 1, 2015 This is a poison pill. It is a method that thwarts hostile takeovers by flooding the market with new shares once someone purchases too many of them. Meredith appears to be a white knight of sorts. While Nexstar is the Evil black knight who destroys everything they conquer (cheapens every station they acquire via layoffs, grounding helicopters, etc.). Link to comment https://localnewstalk.net/topic/14688-nexstar-bids-for-media-general/page/3/#findComment-136461 Share on other sites More sharing options...
Rusty Muck 4378 Posted October 1, 2015 Share Posted October 1, 2015 Meredith isn't a poison pill. Nexstar is because they do more with less by being cheap! Do you remember when KLAS got bought by Nexstar? Their helicopter got grounded and their traffic departments greatly reduced if not gone! That's one of the reasons why I think Nexstar is the real poison pill. You're totally missing the point. It now looks like MediaGeneral had to merge into Meredith in order to avoid getting bought out by Nexstar. They apparently had no choice but to make this move, which puts them further in debt and returns them to the print realm three years after selling off their entire newspaper division. But they didn't get taken over by Nexstar, which is apparently all that matters to them... ergo, a textbook "poison pill." The problem now rests on if the MMG merger can go through. Link to comment https://localnewstalk.net/topic/14688-nexstar-bids-for-media-general/page/3/#findComment-136463 Share on other sites More sharing options...
jero23 105 Posted October 1, 2015 Share Posted October 1, 2015 If that happens, kiss WCMH goodbye as a competitive station in Columbus! Let's be honest, WCMH hasn't been competitive since NBC (foolishly) sold off this station... Link to comment https://localnewstalk.net/topic/14688-nexstar-bids-for-media-general/page/3/#findComment-136483 Share on other sites More sharing options...
oklahomanewsman 210 Posted October 2, 2015 Share Posted October 2, 2015 If and I mean IF Nexstar buys Media General expect KRON, WFLA, WISH among other stations Media General owns in big markets to be sold to other companies and as for Meredith who knows what might happen to them they might merge with another company (Hearst has been tossed around) or they could just stay as an independent company and not merge with any other company at all. As I said before this is turning into a big time mess with Nexstar wanting MG badly with Meredith at the same time trying to merge with Media General. What a mess this has turned into. Link to comment https://localnewstalk.net/topic/14688-nexstar-bids-for-media-general/page/3/#findComment-136490 Share on other sites More sharing options...
channel2 979 Posted October 2, 2015 Share Posted October 2, 2015 Meredith is at a crossroads. Both of their major businesses have big question marks hanging over them. They could well sell to someone, even if it's not Media General. Link to comment https://localnewstalk.net/topic/14688-nexstar-bids-for-media-general/page/3/#findComment-136498 Share on other sites More sharing options...
oklahomanewsman 210 Posted October 2, 2015 Share Posted October 2, 2015 Meredith is at a crossroads. Both of their major businesses have big question marks hanging over them. They could well sell to someone, even if it's not Media General. Perhaps to Hearst if Hearst wants to consolidate its publishing and tv groups into 1. Maybe Scripps or they can just stay independent. Lots of possibilities for Meredith if Nexstar buys Media General but it doesn't matter how you cut it what a mess this has turned into. Link to comment https://localnewstalk.net/topic/14688-nexstar-bids-for-media-general/page/3/#findComment-136505 Share on other sites More sharing options...
ColumbusNewsFan 217 Posted October 2, 2015 Share Posted October 2, 2015 Let's be honest, WCMH hasn't been competitive since NBC (foolishly) sold off this station... But imagine it under Nexstar... It would be actually be worst then it is now and it is really bad right now! Link to comment https://localnewstalk.net/topic/14688-nexstar-bids-for-media-general/page/3/#findComment-136515 Share on other sites More sharing options...
mre29 1537 Posted October 2, 2015 Share Posted October 2, 2015 Wow. I guess Nexstar must have decided that they were really jealous of Sinclair's "BUY ALL THE THINGS!" shopping spree. Why Media General, though? Also, is it possible that another company could step in and make a counter-offer that MG's shareholders decide they like better? Link to comment https://localnewstalk.net/topic/14688-nexstar-bids-for-media-general/page/3/#findComment-136551 Share on other sites More sharing options...
mardek1995 200 Posted October 2, 2015 Share Posted October 2, 2015 Wow. I guess Nexstar must have decided that they were really jealous of Sinclair's "BUY ALL THE THINGS!" shopping spree. Why Media General, though?It's because they wanted to buy Lin Media before Media General did (and maybe buy that as well). Link to comment https://localnewstalk.net/topic/14688-nexstar-bids-for-media-general/page/3/#findComment-136555 Share on other sites More sharing options...
channel2 979 Posted October 5, 2015 Share Posted October 5, 2015 They are apparently not dismissing this out of hand... Link to comment https://localnewstalk.net/topic/14688-nexstar-bids-for-media-general/page/3/#findComment-136750 Share on other sites More sharing options...
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