Guest Posted August 21, 2018 Share Posted August 21, 2018 https://www.delmarvanow.com/story/news/local/maryland/2018/08/21/wboc-parent-company-acquire-wrde/1050532002/ Draper Media and SagamoreHill of Salisbury Licenses, LLC announced on social media and on WBOC's website Tuesday that they have entered into a purchase agreement for WRDE-LD, an NBC affiliate serving the Delmarva Peninsula as Coast TV. Draper Media and SagamoreHill of Salisbury Licenses, LLC announced on social media and on WBOC's website Tuesday that they have entered into a purchase agreement for WRDE-LD, an NBC affiliate serving the Delmarva Peninsula as Coast TV. "We’re looking forward to bringing more local news, weather and community information to viewers here on Delmarva,” says Molly Draper Russell, CEO of Draper Holdings Business Trust, parent company of Draper Media in a news release. “Coast TV’s NBC lineup reinforces our commitment to serving the Delmarva Peninsula with the absolute best information, entertainment and sports programming available. Our family’s history of service through free over-the-air broadcasting goes back more than half a century. Along with my sister and brothers we are proud to carry on the legacy of our late father, and company founder, Thomas H. Draper, who was fond of saying we have a moral obligation to serve Delmarva.” “WBOC is unquestionably one of the great stations in America,” says Louis Wall, president of SagamoreHill Broadcasting Corp, in a news release. “Tom Draper built what all true broadcasters strive for, a well-resourced television station that could stand up against the competition in a market of any size. The union of Coast TV with WBOC will serve the viewers of the Delmarva Peninsula better than ever. We are delighted with this agreement and the prospects it holds for the station’s future.” "I began my Delmarva broadcasting career at WBOC so, I am very pleased, and it seems fitting, that WRDE and I rejoin the WBOC family,” says Bob Backman, president of WRDE-TV, in a news release. Draper Media, based in Salisbury, Maryland, consists of WBOC-TV, FOX21, Telemundo Delmarva, Antenna TV, WBOC Digital, WBOC-FM, WAAI-FM, WTDK-FM, WCEM-FM and WCEM-AM with satellite offices in Cambridge, Maryland, Dover and Milton, Delaware. The transfer of ownership is expected to close in the fourth quarter of 2018 subject to approval by the Federal Communications Commission. This report will be updated. And the consolidation of local TV continues... Link to comment https://localnewstalk.net/topic/16629-wboc-to-acquire-wrde-coast-tv/ Share on other sites More sharing options...
David Salter JR 66 Posted August 21, 2018 Share Posted August 21, 2018 Local tv will soon be a thing of the past Link to comment https://localnewstalk.net/topic/16629-wboc-to-acquire-wrde-coast-tv/#findComment-211160 Share on other sites More sharing options...
newsanchor26 107 Posted August 21, 2018 Share Posted August 21, 2018 This is a great move. Draper Media is not some major station group like Tegna, Raycom or Sinclair. They only have a presence in the Salisbury market, and WBOC is one of the most dominant television stations in America. The people of Delmarva think of WBOC and no one else when they think of local news. For them to continue their growth with a CBS and FOX affiliate, then a Telemundo affiliate, and now an NBC affiliate in addition to 5 radio stations demonstrates their dominance. If it were a station group that has no connection to the market and didn't know anything about the community's interests this would be terrible, but it's a local company looking to serve local people. Win-win. Link to comment https://localnewstalk.net/topic/16629-wboc-to-acquire-wrde-coast-tv/#findComment-211174 Share on other sites More sharing options...
hmaxhanson 650 Posted August 21, 2018 Share Posted August 21, 2018 It's not as if WRDE was really gaining ground against WBOC & WMDT. I'm sure that when Draper comes in, they'll kill off the INN newscasts and introduce new WBOC newscasts. It also proves that the Drapers aren't planning on leaving broacsting anytime soon. Link to comment https://localnewstalk.net/topic/16629-wboc-to-acquire-wrde-coast-tv/#findComment-211175 Share on other sites More sharing options...
TSSZNews 1051 Posted August 21, 2018 Share Posted August 21, 2018 This is a great move. Draper Media is not some major station group like Tegna, Raycom or Sinclair. They only have a presence in the Salisbury market, and WBOC is one of the most dominant television stations in America. The people of Delmarva think of WBOC and no one else when they think of local news. For them to continue their growth with a CBS and FOX affiliate, then a Telemundo affiliate, and now an NBC affiliate in addition to 5 radio stations demonstrates their dominance. If it were a station group that has no connection to the market and didn't know anything about the community's interests this would be terrible, but it's a local company looking to serve local people. Win-win. THIS...sort of. Salisbury is one of, if not the only remaining DMA in the country with locally owned TV stations across the board. That can only be a good thing in this climate. Except, of course, if you are an MMJ at WRDE. The INN mothership will be fine, but I do hope Draper finds a home for the local reporters on whatever replaces the piped out newscast (if it's anything at all!) Link to comment https://localnewstalk.net/topic/16629-wboc-to-acquire-wrde-coast-tv/#findComment-211180 Share on other sites More sharing options...
Rusty Muck 4378 Posted August 21, 2018 Share Posted August 21, 2018 First thing that came to mind was Block owning WLIO in Lima, Ohio (NBC DT1/Fox DT2) and multiple low-power signals (class A WOHL, which directly simulcasts low-powered ABC/WLQP and CBS/WLMO). Yes, the combined intellectual unit is locally owned and effectively competes against stations in Toledo, Columbus and Dayton, but still. Link to comment https://localnewstalk.net/topic/16629-wboc-to-acquire-wrde-coast-tv/#findComment-211183 Share on other sites More sharing options...
rkolsen 1684 Posted August 21, 2018 Share Posted August 21, 2018 I doubt there will be seperate newscasts. I’d expect a complete simulcast. Link to comment https://localnewstalk.net/topic/16629-wboc-to-acquire-wrde-coast-tv/#findComment-211184 Share on other sites More sharing options...
CircleSeven 1955 Posted August 22, 2018 Share Posted August 22, 2018 Paperwork is up. Draper is paying $15.6M for WRDE & WRUA-LD. Link to comment https://localnewstalk.net/topic/16629-wboc-to-acquire-wrde-coast-tv/#findComment-211247 Share on other sites More sharing options...
rkolsen 1684 Posted August 22, 2018 Share Posted August 22, 2018 Paperwork is up. Draper is paying $15.6M for WRDE & WRUA-LD. That seems like a pretty decent chunk of change of two low power stations in such a small market. Link to comment https://localnewstalk.net/topic/16629-wboc-to-acquire-wrde-coast-tv/#findComment-211249 Share on other sites More sharing options...
tyrannical bastard 3955 Posted August 22, 2018 Share Posted August 22, 2018 It's groups like these that deserve to be de-regulated. They're local owners serving their communities....bonus points since the stations are based in Delaware. I would imagine the local reporters would be kept to strengthen news coverage in that part of the market. Link to comment https://localnewstalk.net/topic/16629-wboc-to-acquire-wrde-coast-tv/#findComment-211250 Share on other sites More sharing options...
rkolsen 1684 Posted August 22, 2018 Share Posted August 22, 2018 That seems like a pretty decent chunk of change of two low power stations in such a small market. Just for comparison a full power Fox affiliate (KRBK) in market 70 (Salisbury is DMA 144) went for $16.5 million. https://tvnewscheck.com/article/220230/station-trading-roundup-1-deal-16-5m/ Link to comment https://localnewstalk.net/topic/16629-wboc-to-acquire-wrde-coast-tv/#findComment-211253 Share on other sites More sharing options...
Eat News 4745 Posted August 22, 2018 Share Posted August 22, 2018 This is a great move. Draper Media is not some major station group like Tegna, Raycom or Sinclair. They only have a presence in the Salisbury market, and WBOC is one of the most dominant television stations in America. The people of Delmarva think of WBOC and no one else when they think of local news. For them to continue their growth with a CBS and FOX affiliate, then a Telemundo affiliate, and now an NBC affiliate in addition to 5 radio stations demonstrates their dominance. If it were a station group that has no connection to the market and didn't know anything about the community's interests this would be terrible, but it's a local company looking to serve local people. Win-win. News Chomper 16 (mic drop) Link to comment https://localnewstalk.net/topic/16629-wboc-to-acquire-wrde-coast-tv/#findComment-211299 Share on other sites More sharing options...
TheRolyPoly 2449 Posted August 22, 2018 Share Posted August 22, 2018 News Chomper 16 [ATTACH=full]6381[/ATTACH] (mic drop) Yes! Haha. It may be scary, but it gets the news done. Link to comment https://localnewstalk.net/topic/16629-wboc-to-acquire-wrde-coast-tv/#findComment-211305 Share on other sites More sharing options...
CircleSeven 1955 Posted October 18, 2018 Share Posted October 18, 2018 It's been greenlighted. Draper is about to add NBC to a plethora of networks it has in the Delmarva. Link to comment https://localnewstalk.net/topic/16629-wboc-to-acquire-wrde-coast-tv/#findComment-215052 Share on other sites More sharing options...
GoldenShine9 1513 Posted October 18, 2018 Share Posted October 18, 2018 It's been greenlighted. Draper is about to add NBC to a plethora of networks it has in the Delmarva. As one of the few independents left, it seems really destined to make a name for itself on the Delmarva. Link to comment https://localnewstalk.net/topic/16629-wboc-to-acquire-wrde-coast-tv/#findComment-215076 Share on other sites More sharing options...
Eat News 4745 Posted October 19, 2018 Share Posted October 19, 2018 It's been greenlighted. Draper is about to add NBC to a plethora of networks it has in the Delmarva. A plethora? Link to comment https://localnewstalk.net/topic/16629-wboc-to-acquire-wrde-coast-tv/#findComment-215090 Share on other sites More sharing options...
CircleSeven 1955 Posted January 3, 2019 Share Posted January 3, 2019 On 10/17/2018 at 11:44 PM, CircleSeven said: It's been greenlighted. Draper is about to add NBC to a plethora of networks it has in the Delmarva. The Graycom deal wasn't the only thing that closed..... SagamoreHill has completed it sale of WRDE to Draper. It was consummated on Tuesday (1/1). WRDE is now part of the WBOC family. Link to comment https://localnewstalk.net/topic/16629-wboc-to-acquire-wrde-coast-tv/#findComment-219633 Share on other sites More sharing options...
newsanchor26 107 Posted January 30, 2019 Share Posted January 30, 2019 http://www.wboc.com/story/39869572/chief-meteorologist-wrdecoast-tv Several job postings like this one on WBOC's website indicate that WRDE will be producing their own separate newscasts. A friend of mine with knowledge of the plans says they'll anchor from a studio in WBOC's Sussex County, DE bureau, rather than the main WBOC studios in Salisbury. Looks like the WRDE staff will also handle news on the Telemundo station as they're looking for bilingual staff. I said it when this deal was announced and I'll say it again, certainly the Draper's are looking to make as much money as possible, but they're also looking to service the community with quality news, information and entertainment in a way most stations are not trying to do these days. Exciting times ahead for "the little station that could" Link to comment https://localnewstalk.net/topic/16629-wboc-to-acquire-wrde-coast-tv/#findComment-221177 Share on other sites More sharing options...
rkolsen 1684 Posted January 31, 2019 Share Posted January 31, 2019 7 minutes ago, newsanchor26 said: A friend of mine with knowledge of the plans says they'll anchor from a studio in WBOC's Sussex County, DE bureau, rather than the main WBOC studios in Salisbury It completely makes sense as WRDE serves Rehoboth Beach primarily. It’s over an hour drive to get to WBOC’s studios in Salisbury, MD. And pairing it up with Telemundo makes even more sense given the NBC ownership. Link to comment https://localnewstalk.net/topic/16629-wboc-to-acquire-wrde-coast-tv/#findComment-221178 Share on other sites More sharing options...
Eat News 4745 Posted January 31, 2019 Share Posted January 31, 2019 3 hours ago, rkolsen said: It completely makes sense as WRDE serves Rehoboth Beach primarily. It’s over an hour drive to get to WBOC’s studios in Salisbury, MD. And pairing it up with Telemundo makes even more sense given the NBC ownership. NewsChomper might get a Spanish brother ? "Noticias Orca"? Fun fact: NewsChomper 16 transmits in HD...and is Fuel Injected. Link to comment https://localnewstalk.net/topic/16629-wboc-to-acquire-wrde-coast-tv/#findComment-221198 Share on other sites More sharing options...
rkolsen 1684 Posted January 31, 2019 Share Posted January 31, 2019 2 hours ago, Eat News said: NewsChomper might get a Spanish brother ? "Noticias Orca"? Fun fact: NewsChomper 16 transmits in HD...and is Fuel Injected. At the time I think they were really emphasizing that it was in HD when Baltimore and DC at the time only had 4 helicopters only one other one was in HD (WBAL). Link to comment https://localnewstalk.net/topic/16629-wboc-to-acquire-wrde-coast-tv/#findComment-221207 Share on other sites More sharing options...
RGSJenkins 435 Posted June 17, 2019 Share Posted June 17, 2019 Update of WRDE's new studio and set. In the meantime, they are simulcasting WBOC's 6pm & 11pm newscasts until they are fully prepared. Link to comment https://localnewstalk.net/topic/16629-wboc-to-acquire-wrde-coast-tv/#findComment-227992 Share on other sites More sharing options...
TheRolyPoly 2449 Posted June 17, 2019 Share Posted June 17, 2019 16 hours ago, RGSJenkins said: Update of WRDE's new studio and set. In the meantime, they are simulcasting WBOC's 6pm & 11pm newscasts until they are fully prepared. Seems so small. Really putting the "sister" in sister station to the next level, I guess? Link to comment https://localnewstalk.net/topic/16629-wboc-to-acquire-wrde-coast-tv/#findComment-228019 Share on other sites More sharing options...
RGSJenkins 435 Posted June 19, 2019 Share Posted June 19, 2019 Here's a preview of the new graphics, they're keeping the "WRDE Coast TV" name. Graphics wise, they're better than WMDT. Link to comment https://localnewstalk.net/topic/16629-wboc-to-acquire-wrde-coast-tv/#findComment-228060 Share on other sites More sharing options...
susquvalleywgal 517 Posted June 19, 2019 Share Posted June 19, 2019 21 minutes ago, RGSJenkins said: Here's a preview of the new graphics, they're keeping the "WRDE Coast TV" name. Graphics wise, they're better than WMDT. And so much better than WBOC! — Matt Link to comment https://localnewstalk.net/topic/16629-wboc-to-acquire-wrde-coast-tv/#findComment-228061 Share on other sites More sharing options...
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