NEOMatrix 1295 Posted April 21, 2017 Share Posted April 21, 2017 Before we welcome our new Sinclair overlords, they made a pit stop to buy Bonten Media. $240 million Believe it or not, Bonten should get approved relatively quick. However, this does hamper Sinclair in staying under the cap in order to get Tribune. Link to comment Share on other sites More sharing options...
nobody 20 Posted April 21, 2017 Share Posted April 21, 2017 Unless there are people that are still using rabbit ears Link to comment Share on other sites More sharing options...
TheMassMediaGeek 98 Posted April 21, 2017 Share Posted April 21, 2017 Before we welcome our new Sinclair overlords, they made a pit stop to buy Bonten Media. $240 million I think that Sinclair is just jealous of not being the largest station owner anymore after Deathstar bought Media General. Link to comment Share on other sites More sharing options...
GoldenShine9 1509 Posted April 21, 2017 Share Posted April 21, 2017 Believe it or not, Bonten should get approved relatively quick. However, this does hamper Sinclair in staying under the cap in order to get Tribune. Agreed since there were no conflicts. I don't think the damage to those stations will be too great, since they are in red areas and fairly small (three of them compete against Nexstar, with the rest of the competition being Gray, Heartland, Cordillera and small companies). Regarding the cap issue in a Tribune acquisition, it means that Sinclair will need to probably divest one more station (maybe two) after that purchase, probably 4 or 5 now (instead of 3 or 4) beyond conflicts. Link to comment Share on other sites More sharing options...
GoldenShine9 1509 Posted April 21, 2017 Share Posted April 21, 2017 I think that Sinclair is just jealous of not being the largest station owner anymore after Deathstar bought Media General. The only others that could reasonably come close with a quick purchase is either Raycom or Gray, by purchasing (or merging with) the other of those. As for Sinclair buying the entire TV spectrum in America, they have called for a total elimination of the cap and allowing 100% coverage. Link to comment Share on other sites More sharing options...
TheRolyPoly 1847 Posted April 21, 2017 Share Posted April 21, 2017 Well I'm hoping that with Sinclair buying Bonten, it would stop them from finally buying Tribune. Link to comment Share on other sites More sharing options...
CLETVFan 363 Posted April 21, 2017 Share Posted April 21, 2017 Could an existing company that already owns one station in Cleveland buy WJW? (Tegna, Scripps, Raycom - especially with WUAB giving up its frequency and moving to WOIO's) Link to comment Share on other sites More sharing options...
GoldenShine9 1509 Posted April 21, 2017 Share Posted April 21, 2017 Could an existing company that already owns one station in Cleveland buy WJW? (Tegna, Scripps, Raycom - especially with WUAB giving up its frequency and moving to WOIO's) No, since they would own two stations in the top-4. Link to comment Share on other sites More sharing options...
The Frog 393 Posted April 21, 2017 Share Posted April 21, 2017 Oh for god sakes! Sinclair is going crazy man. They need to be stopped. You're starting to sound like mardek. Link to comment Share on other sites More sharing options...
ThatSowislander 52 Posted April 21, 2017 Share Posted April 21, 2017 iHeart and Cumulus' coming collapse won't be nothing compared to what is going to happen to Sinclair/Nexstar/TEGNA. All competing to be the new Enron. Link to comment Share on other sites More sharing options...
Eat News 4738 Posted April 21, 2017 Share Posted April 21, 2017 Big mergers does not end well for anybody or anyone for that matter. Yeah! Just look what happened to the Hillbillys....bad mergers....bad...mergers. Link to comment Share on other sites More sharing options...
CluelessTVguy 0 Posted April 26, 2017 Share Posted April 26, 2017 Does Sinclair taking ownership of these tribune stations have any impact on the tribune employees already working there? Possible layoffs? Link to comment Share on other sites More sharing options...
GoldenShine9 1509 Posted April 29, 2017 Share Posted April 29, 2017 Does Sinclair taking ownership of these tribune stations have any impact on the tribune employees already working there? Possible layoffs? Not so much layoffs as there would be many fleeing for the exit gates because of their heavy-handed style. Link to comment Share on other sites More sharing options...
Rusty Muck 4167 Posted April 29, 2017 Share Posted April 29, 2017 Does Sinclair taking ownership of these tribune stations have any impact on the tribune employees already working there? Possible layoffs? It's impossible to gauge an honest answer because a S!nclair-Tribune merger hasn't happened yet. And it may not for quite awhile due to a myriad of reasons. But look at how S!nclair has begun to drive the former Allbritton and Fisher stations into the ground. Link to comment Share on other sites More sharing options...
Chicago's Very Own 104 Posted April 29, 2017 Share Posted April 29, 2017 Not so much layoffs as there would be many fleeing for the exit gates because of their heavy-handed style. Overall, I really hate to think of what this could end up doing to WGN (TV and Radio) in the long run. Even affiliates KTLA and WPIX, among others. Link to comment Share on other sites More sharing options...
A3N 996 Posted April 29, 2017 Share Posted April 29, 2017 Let's not kid ourselves, there will be layoffs at the Tribune stations if Sinclair were to take them over. Some of the Tribune stations are quite bloated. Under different circumstances such as a different ownership group and not being in the top 3 in the market, most of these stations would be operating on the lean side. Take KTLA as an example: Large staff, quite a few resources, very competitive with the major network affiliates. Don't you think that an owner such as Sinclair would be salivating at the prospect of cutting the excess fat off the station? I mean they'll justify it by saying the station is doing well in the ratings, why shell out more than you need to? Link to comment Share on other sites More sharing options...
Eat News 4738 Posted April 29, 2017 Share Posted April 29, 2017 Let's not kid ourselves, there will be layoffs at the Tribune stations if Sinclair were to take them the over. Some of the Tribune stations are quite bloated. Under different circumstances such as a different ownership group and not being in the top 3 in the market, most of these stations would be operating on the lean side. Take KTLA as an example: Large staff, quite a few resources, very competitive with the major network affiliates. Don't you think that an owner such as Sinclair would be salivating at the prospect of cutting the excess fat off the station? I mean they'll justify it by saying the station is doing well in the ratings, why shell out more than you need to? I would hope KTLA would be saved by some local entertainment guru in SoCal...but we all know how this ends. Link to comment Share on other sites More sharing options...
Rusty Muck 4167 Posted April 30, 2017 Share Posted April 30, 2017 I would hope KTLA would be saved by some local entertainment guru in SoCal...but we all know how this ends. They already had Gene Autry as an owner. And he's been dead for ... what ... 15 years now? Link to comment Share on other sites More sharing options...
C Block 1488 Posted May 1, 2017 Share Posted May 1, 2017 Fox is looking to bid after Tribune now: https://www.ft.com/content/d7ef52f0-2dfc-11e7-9555-23ef563ecf9a Why have KTLA when you can have Fox 11 News on Fox 11 Plus Plus? (Edit because of paywall: https://www.bloomberg.com/news/articles/2017-04-30/fox-blackstone-said-teaming-to-make-competing-bid-for-tribune ) Link to comment Share on other sites More sharing options...
mre29 1340 Posted May 1, 2017 Share Posted May 1, 2017 Fox is looking to bid after Tribune now: https://www.ft.com/content/d7ef52f0-2dfc-11e7-9555-23ef563ecf9a Paywalled. Link to comment Share on other sites More sharing options...
ABC 7 Denver 1554 Posted May 1, 2017 Share Posted May 1, 2017 Fox is looking to bid after Tribune now: https://www.ft.com/content/d7ef52f0-2dfc-11e7-9555-23ef563ecf9a Why have KTLA when you can have Fox 11 News on Fox 11 Plus Plus? Wouldn't that be Ironic after FOX sold stations to Local TV. Link to comment Share on other sites More sharing options...
C Block 1488 Posted May 1, 2017 Share Posted May 1, 2017 Paywalled. Huh, it was there five minutes ago. Anyway, here's Bloomberg's article: https://www.bloomberg.com/news/articles/2017-04-30/fox-blackstone-said-teaming-to-make-competing-bid-for-tribune Link to comment Share on other sites More sharing options...
Chicago's Very Own 104 Posted May 1, 2017 Share Posted May 1, 2017 Rupert Murdoch already tried buying Tribune once, and blamed cross-ownership laws from preventing him from doing this (because he already owns Fox O&Os in markets where Tribune has major stations). I guess he hasn't given up that dream! Especially with the FCC under the new administration, which is probably not going to be as hard on this sort of thing as they were previously. Link to comment Share on other sites More sharing options...
C Block 1488 Posted May 1, 2017 Share Posted May 1, 2017 Rupert Murdoch already tried buying Tribune once, and blamed cross-ownership laws from preventing him from doing this (because he already owns Fox O&Os in markets where Tribune has major stations). I guess he hasn't given up that dream! I wonder whether it's a serious offer or just a way to fend off Sinclair owning more Fox affiliates than anyone by a wide margin. I wouldn't be surprised to see Fox at least try to snag up KCPQ or one of the other Seattle stations though. They want KCPQ baaad. Link to comment Share on other sites More sharing options...
Chicago's Very Own 104 Posted May 1, 2017 Share Posted May 1, 2017 I wonder whether it's a serious offer or just a way to fend off Sinclair owning more Fox affiliates than anyone by a wide margin. I wouldn't be surprised to see Fox at least try to snag up KCPQ or one of the other Seattle stations though. They want KCPQ baaad. Could be, especially with all of the Fox affiliates that Tribune owns in some fairly big markets (Seattle, as you mentioned, plus San Diego, Denver, St. Louis, etc.), this is probably their chance to get some of these stations and make them Fox O&O. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.