Eat News 4745 Posted August 23, 2016 Share Posted August 23, 2016 Twenty bucks say they put'em up for sale within a year. I'm in for a fin. Link to comment https://localnewstalk.net/topic/15305-ftv-live-wbns-wthr-being-shopped/page/3/#findComment-158220 Share on other sites More sharing options...
IndyNewsOpens 83 Posted August 23, 2016 Share Posted August 23, 2016 I wonder if this means Dispatch wouldn't like this thread, considering how they responded to Scott on FTVLive then. I'm in for $50 they sell within a year. Link to comment https://localnewstalk.net/topic/15305-ftv-live-wbns-wthr-being-shopped/page/3/#findComment-158221 Share on other sites More sharing options...
24994J 5585 Posted August 23, 2016 Share Posted August 23, 2016 I wonder if this means Dispatch wouldn't like this thread, considering how they responded to Scott on FTVLive then. I'd like to see them try to remove this thread. It'll probably derail from this subject within a few (or more) posts, anyway. LOL Link to comment https://localnewstalk.net/topic/15305-ftv-live-wbns-wthr-being-shopped/page/3/#findComment-158222 Share on other sites More sharing options...
The Frog 429 Posted August 23, 2016 Share Posted August 23, 2016 It'll probably derail from this subject within a few (or more) posts, anyway. We have mardek for that. Link to comment https://localnewstalk.net/topic/15305-ftv-live-wbns-wthr-being-shopped/page/3/#findComment-158223 Share on other sites More sharing options...
TheRob 938 Posted August 23, 2016 Share Posted August 23, 2016 I suspect Dispatch just doesn't like the idea that someone leaked sensitive information. Now they're trying to calm the waters (the employees). I bet they sell. Link to comment https://localnewstalk.net/topic/15305-ftv-live-wbns-wthr-being-shopped/page/3/#findComment-158224 Share on other sites More sharing options...
mardek1995 200 Posted August 23, 2016 Share Posted August 23, 2016 We have mardek for that.And many other people, but let's not do that again. Even without me, it would still derail off topic for some others. Anyway, we didn't leak any information, FTVLive did. Link to comment https://localnewstalk.net/topic/15305-ftv-live-wbns-wthr-being-shopped/page/3/#findComment-158225 Share on other sites More sharing options...
Breaking News 829 Posted August 23, 2016 Share Posted August 23, 2016 I suspect Dispatch just doesn't like the idea that someone leaked sensitive information. Now they're trying to calm the waters (the employees). I bet they sell. I was told by some sources last year that the BNS had to make some tough cuts, and that it was in play for the company to sell. I think the company trying to save face, but let not act like this isn't the first time a company has refute a story. It just a matter of time before The Wolfes (Dispatch) move forward, and sell. Yes, they make a boatload of $$$ with their two stations, but even with it being a small company. They've sold off their Newspaper division, they couldn't keep up with their state-wide cable channel (which was losing $$), and they only have radio/tv stations. I just don't see them keeping these in their fold. The business model is changing, and they have always had access to capital for the investment, but for them to slim down their cash cow station in their own backyard speaks volumes. It just only a matter of time, and we'll see where their head is at after 2016 election. Link to comment https://localnewstalk.net/topic/15305-ftv-live-wbns-wthr-being-shopped/page/3/#findComment-158227 Share on other sites More sharing options...
mre29 1537 Posted August 24, 2016 Share Posted August 24, 2016 Maybe they'll sell the radio stations next, leaving only the TV stations. On the other hand, WTHR is their only property not in Columbus, so maybe they'll sell just it entirely because it's not in Columbus. Or, more likely, they'll hold on to both TV stations and both radio stations as long as they can. Link to comment https://localnewstalk.net/topic/15305-ftv-live-wbns-wthr-being-shopped/page/3/#findComment-158234 Share on other sites More sharing options...
DirtyHarry 727 Posted August 24, 2016 Author Share Posted August 24, 2016 I suspect Dispatch just doesn't like the idea that someone leaked sensitive information. Now they're trying to calm the waters (the employees). I bet they sell. People are so brazen about lying anymore, that basically comments like that are BS. There have to be people kicking the tires right now. Link to comment https://localnewstalk.net/topic/15305-ftv-live-wbns-wthr-being-shopped/page/3/#findComment-158239 Share on other sites More sharing options...
DirtyHarry 727 Posted August 24, 2016 Author Share Posted August 24, 2016 I was told by some sources last year that the BNS had to make some tough cuts, and that it was in play for the company to sell. I think the company trying to save face, but let not act like this isn't the first time a company has refute a story. It just a matter of time before The Wolfes (Dispatch) move forward, and sell. Yes, they make a boatload of $$$ with their two stations, but even with it being a small company. They've sold off their Newspaper division, they couldn't keep up with their state-wide cable channel (which was losing $$), and they only have radio/tv stations. I just don't see them keeping these in their fold. The business model is changing, and they have always had access to capital for the investment, but for them to slim down their cash cow station in their own backyard speaks volumes. It just only a matter of time, and we'll see where their head is at after 2016 election. Their Cash Cow is not broadcasting-- that's just icing on the cake. Their Cash Cow is real estate. They own something like five thousand acres of agricultural land in some of the adjacent counties. Some of the most fertile land in the state. They own pieces of practically every medical office building that Daimler (a local developer) puts up. Plus they partner with Nationwide in developing buildings. Collecting rent is a lot easier than running a business. If I am the Wolfes there would be one thing going through my mind right now. At one time they could have sold the paper for four hundred million dollars, they got 47 million dollars for selling it. I wouldn't want to lose an affiliation or ride the television industry downhill to the point where my assets weren't worth anything. Link to comment https://localnewstalk.net/topic/15305-ftv-live-wbns-wthr-being-shopped/page/3/#findComment-158240 Share on other sites More sharing options...
DirtyHarry 727 Posted August 24, 2016 Author Share Posted August 24, 2016 Sorry folks, but according to FTVLive, Dispatch Broadcast Group is not for sale. Weeters, if your out there; I guess its safe to say this thread is closed. http://www.ftvlive.com/todays-news/2016/8/23/retraction-dispatch-says-stations-are-not-for-sale That's a classic John Zeiger "strongly worded letter." LOL Link to comment https://localnewstalk.net/topic/15305-ftv-live-wbns-wthr-being-shopped/page/3/#findComment-158244 Share on other sites More sharing options...
ColumbusNewsFan 217 Posted August 24, 2016 Share Posted August 24, 2016 Sorry folks, but according to FTVLive, Dispatch Broadcast Group is not for sale. Weeters, if your out there; I guess its safe to say this thread is closed. http://www.ftvlive.com/todays-news/2016/8/23/retraction-dispatch-says-stations-are-not-for-sale Sorry, but until you start buying stations. You and stations are bait to be bought outright... Also let's keep it 100 as a small company in the mega station world. Ya screwed. #JustSaying Link to comment https://localnewstalk.net/topic/15305-ftv-live-wbns-wthr-being-shopped/page/3/#findComment-158246 Share on other sites More sharing options...
Breaking News 829 Posted August 24, 2016 Share Posted August 24, 2016 Their Cash Cow is not broadcasting-- that's just icing on the cake. Their Cash Cow is real estate. They own something like five thousand acres of agricultural land in some of the adjacent counties. Some of the most fertile land in the state. They own pieces of practically every medical office building that Daimler (a local developer) puts up. Plus they partner with Nationwide in developing buildings. Collecting rent is a lot easier than running a business. If I am the Wolfes there would be one thing going through my mind right now. At one time they could have sold the paper for four hundred million dollars, they got 47 million dollars for selling it. I wouldn't want to lose an affiliation or ride the television industry downhill to the point where my assets weren't worth anything. Yes, you're right they're real estate is where their money comes from, so I talk with another source and it was said that the station is making alot of changes, but there's some writing on the wall. Yes, mgmt said it not true, but I was told you see the forest for the trees. However they did stress saying they were told it not true, but anything is possible. They've made cuts in certain areas, and the children of the owner really don't care about the business...(so that also a hint too) I think the company trying to save face, and they couldn't keep up on the newspaper level I was told. They saw how other media companies streamlined the paper. Link to comment https://localnewstalk.net/topic/15305-ftv-live-wbns-wthr-being-shopped/page/3/#findComment-158254 Share on other sites More sharing options...
AJClementeFan69 477 Posted August 24, 2016 Share Posted August 24, 2016 I'm no lawyer but how is it libelous to speculate that a company may be selling its stations? Link to comment https://localnewstalk.net/topic/15305-ftv-live-wbns-wthr-being-shopped/page/3/#findComment-158260 Share on other sites More sharing options...
NewsBuffy 18 Posted August 24, 2016 Share Posted August 24, 2016 I'm surprised that Indianapolis isn't an O&O that and St. Louis. I mean it makes since. Link to comment https://localnewstalk.net/topic/15305-ftv-live-wbns-wthr-being-shopped/page/3/#findComment-158261 Share on other sites More sharing options...
TSSZNews 1051 Posted August 24, 2016 Share Posted August 24, 2016 I'm no lawyer but how is it libelous to speculate that a company may be selling its stations? If Dispatch is sending FTVLive a C&D, they mean business. Scott's published far, far worse without something that threatening in response. My guess is a bunch of employees at one or both stations got spooked, especially given how Sinclair and Nexstar have taken over the media landscape--however low the possibility of either acquiring Dispatch is. It doesn't have to be libel--it just has to appear to cause harm. I've feared this kind of bully tactic could quickly become the norm in the wake of what happened to Gawker (whatever you think of the Hulk tape notwithstanding.) We need to stop speculating and citing "sources" and this thread should probably be closed. Link to comment https://localnewstalk.net/topic/15305-ftv-live-wbns-wthr-being-shopped/page/3/#findComment-158262 Share on other sites More sharing options...
detroiter313 180 Posted August 24, 2016 Share Posted August 24, 2016 Another day, another rumor put to rest. Link to comment https://localnewstalk.net/topic/15305-ftv-live-wbns-wthr-being-shopped/page/3/#findComment-158263 Share on other sites More sharing options...
nathannah 2440 Posted August 24, 2016 Share Posted August 24, 2016 Remember how it got out that WSJV was getting .2'ed out of existence in that Sinclair/Quincy crossfire? Dispatch doesn't want that mess happening again. Cannot blame them for the C&D at all here; unless they say something, don't report it. Link to comment https://localnewstalk.net/topic/15305-ftv-live-wbns-wthr-being-shopped/page/3/#findComment-158264 Share on other sites More sharing options...
DirtyHarry 727 Posted August 24, 2016 Author Share Posted August 24, 2016 I'm no lawyer but how is it libelous to speculate that a company may be selling its stations? Good point. A corporation is kind of like a public figure which probably means that it's hard to recover for libel and slander unless you show actual malice, which could include a reckless disregard for the facts maybe? If Dispatch is sending FTVLive a C&D, they mean business. Scott's published far, far worse without something that threatening in response. My guess is a bunch of employees at one or both stations got spooked, especially given how Sinclair and Nexstar have taken over the media landscape--however low the possibility of either acquiring Dispatch is. It doesn't have to be libel--it just has to appear to cause harm. I've feared this kind of bully tactic could quickly become the norm in the wake of what happened to Gawker (whatever you think of the Hulk tape notwithstanding.) We need to stop speculating and citing "sources" and this thread should probably be closed. This is a standard operating tactic of that law firm. They are aggressive litigators. Too aggressive if you ask me. Link to comment https://localnewstalk.net/topic/15305-ftv-live-wbns-wthr-being-shopped/page/3/#findComment-158267 Share on other sites More sharing options...
MichiganNewsGraphicsJunkie 917 Posted August 24, 2016 Share Posted August 24, 2016 I was just thinking.. Why would they invest money in new graphics/website layouts if they were going to sell them shortly thereafter?? Both just got the same website layout, WBNS got new graphics here recently... Link to comment https://localnewstalk.net/topic/15305-ftv-live-wbns-wthr-being-shopped/page/3/#findComment-158269 Share on other sites More sharing options...
Eat News 4745 Posted August 24, 2016 Share Posted August 24, 2016 If Dispatch is sending FTVLive a C&D, they mean business. Scott's published far, far worse without something that threatening in response. My guess is a bunch of employees at one or both stations got spooked, especially given how Sinclair and Nexstar have taken over the media landscape--however low the possibility of either acquiring Dispatch is. It doesn't have to be libel--it just has to appear to cause harm. I've feared this kind of bully tactic could quickly become the norm in the wake of what happened to Gawker (whatever you think of the Hulk tape notwithstanding.) We need to stop speculating and citing "sources" and this thread should probably be closed. I can get just about any lawyer to prepare and send that letter for $100. It's only a letter...nothing more. FTV didn't do a retraction... he just said sorry for any inaccuracy....and took their statement at face value. Link to comment https://localnewstalk.net/topic/15305-ftv-live-wbns-wthr-being-shopped/page/3/#findComment-158295 Share on other sites More sharing options...
DirtyHarry 727 Posted August 24, 2016 Author Share Posted August 24, 2016 From John Zeiger, that was about a $2,500 letter. Link to comment https://localnewstalk.net/topic/15305-ftv-live-wbns-wthr-being-shopped/page/3/#findComment-158296 Share on other sites More sharing options...
AJClementeFan69 477 Posted August 24, 2016 Share Posted August 24, 2016 If Dispatch is sending FTVLive a C&D, they mean business. Scott's published far, far worse without something that threatening in response. My guess is a bunch of employees at one or both stations got spooked, especially given how Sinclair and Nexstar have taken over the media landscape--however low the possibility of either acquiring Dispatch is. It doesn't have to be libel--it just has to appear to cause harm. I've feared this kind of bully tactic could quickly become the norm in the wake of what happened to Gawker (whatever you think of the Hulk tape notwithstanding.) We need to stop speculating and citing "sources" and this thread should probably be closed. Again...not a legal expert here, but this seems a lot like a SLAPP-esque deal: https://en.wikipedia.org/wiki/Strategic_lawsuit_against_public_participation Link to comment https://localnewstalk.net/topic/15305-ftv-live-wbns-wthr-being-shopped/page/3/#findComment-158299 Share on other sites More sharing options...
Eat News 4745 Posted August 24, 2016 Share Posted August 24, 2016 Again...not a legal expert here, but this seems a lot like a SLAPP-esque deal: https://en.wikipedia.org/wiki/Strategic_lawsuit_against_public_participation Well yes.....and no... It's called a "Lawyer Letter".. Yes it's a nice way of saying "Hello, we are paying attention". and it's designed to scare the crap out of him. So if he was looking for a pile of snakes then... he just found them. Do note however that they DO call Zeiger a "Client" so it's safe to assume they DO already represent the client already (on retainer) as opposed to... "Mr Zegier tells us" which means he just payed us for a stupid letter and is not even retained by us (most common) and this letter is meaningless. For it to be a SLAPP, you have to actually file the suit, not just threaten to do so. Remember Judges can and will award legal fees and damages in bogus lawsuits, so SLAPPing can backfire, and bite ya in the ass if you misuse it. Scott Jones / FTV is covering his ass, and he has to decide if he wants to play with snakes (sharks). We could bring up" insider trading " but that's a super, super longshot in this case. Anyone can sue anyone for any reason, but it cost lots of money and time . I agree with a few others here and think it's one big smokescreen and they just don't want FTV snooping around the deal. It's for sale... whatever "it" is. Link to comment https://localnewstalk.net/topic/15305-ftv-live-wbns-wthr-being-shopped/page/3/#findComment-158302 Share on other sites More sharing options...
mardek1995 200 Posted August 24, 2016 Share Posted August 24, 2016 Another piece of misinformation fed to us. It's only a piece of proof as to how much misinformation we're fed by TV news sources as many people are by the news media. Link to comment https://localnewstalk.net/topic/15305-ftv-live-wbns-wthr-being-shopped/page/3/#findComment-158304 Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.