Eat News 4745 Posted January 15, 2019 Share Posted January 15, 2019 Like I have been saying all along...(my scott jones moment if I may...) The taxes in NY gobble up much of the incentive to do business there. The politics of business also suck in NY for broadcaster. If they really wanted NYC they could find a million ways to make it happen. In 2019 it's simple to establish yourself worldwide without having the expense of NYC. Link to comment https://localnewstalk.net/topic/16811-nexstar-to-acquire-tribune/page/7/#findComment-220366 Share on other sites More sharing options...
nathannah 2429 Posted January 16, 2019 Share Posted January 16, 2019 2 hours ago, TheOneManHerd said: If you’re a media company looking to make your own national content, having a property in New York helps a lot. It’s much easier to attract the best of the creative class if you’re in NY or LA. They had their chance with a full Hollywood studio when they got MG and Hollywood Today Live, but they chose to kill the program and dump the lease (the right move as the entire endeavor was a firepit of money that was never going to compete seriously with anything but Celebrity Page). I see more CBS buying the station (they already lease the studios to shoot DMTV and that would keep it CW), and just dumping off WLNY to DTV America or one of the many area ethnic broadcasters that'll be happy to have a channel 10 cable slot to do whatever they'd like with it. Link to comment https://localnewstalk.net/topic/16811-nexstar-to-acquire-tribune/page/7/#findComment-220369 Share on other sites More sharing options...
mre29 1523 Posted January 16, 2019 Share Posted January 16, 2019 3 hours ago, TheOneManHerd said: If you’re a media company looking to make your own national content, having a property in New York helps a lot. It’s much easier to attract the best of the creative class if you’re in NY or LA. That being said, I could definitely see Tegna or Scripps making a play for PIX. I'll note that Hearst is headquartered in New York. Link to comment https://localnewstalk.net/topic/16811-nexstar-to-acquire-tribune/page/7/#findComment-220375 Share on other sites More sharing options...
Featured Comment Weeters 1916 Posted January 16, 2019 Featured Comment Share Posted January 16, 2019 Keep the speculation in the speculation thread, please. Link to comment https://localnewstalk.net/topic/16811-nexstar-to-acquire-tribune/page/7/#findComment-220397 Share on other sites More sharing options...
Info Junkie 1286 Posted January 16, 2019 Share Posted January 16, 2019 Yeah we don’t want it to fall overboard like the FIRST Sinclair-Tribune thread.... Link to comment https://localnewstalk.net/topic/16811-nexstar-to-acquire-tribune/page/7/#findComment-220402 Share on other sites More sharing options...
WAVY 10 Fan 233 Posted January 16, 2019 Share Posted January 16, 2019 22 hours ago, mre29 said: I had a feeling Nexstar would have to spin off one of Tribune's big three, but why WPIX and not WGN or KTLA? I mean, besides NYC being the largest DMA. With WGN, my theory is they don't want to give up the station in Tribune's home base of Chicago Link to comment https://localnewstalk.net/topic/16811-nexstar-to-acquire-tribune/page/7/#findComment-220408 Share on other sites More sharing options...
mre29 1523 Posted January 16, 2019 Share Posted January 16, 2019 1 hour ago, T.L. Hughes said: That being said, I'm a bit skeptical that Nexstar would choose to give up WPIX. No station owner would give up the opportunity to have stations in New York, Los Angeles and Chicago. I would think that most station owners would want to at least keep New York and LA stations. Chicago is the cherry on top of this sundae. How many small-market stations would Nexstar have to sell to be able to keep the big three? Link to comment https://localnewstalk.net/topic/16811-nexstar-to-acquire-tribune/page/7/#findComment-220422 Share on other sites More sharing options...
GoldenShine9 1513 Posted January 16, 2019 Share Posted January 16, 2019 As long as the government is padlocked, it's a world of speculation out there and FTV Live isn't helping. We won't know more until the paperwork comes in and the government must reopen for that. Link to comment https://localnewstalk.net/topic/16811-nexstar-to-acquire-tribune/page/7/#findComment-220426 Share on other sites More sharing options...
T.L. Hughes 890 Posted January 16, 2019 Share Posted January 16, 2019 1 hour ago, GoldenShine9 said: As long as the government is padlocked, it's a world of speculation out there and FTV Live isn't helping. We won't know more until the paperwork comes in and the government must reopen for that. To that point, the shutdown might put the sale in limbo for quite a while, though, since there isn't any funding for the FCC's operations and Trump is, unfortunately, not willing to fund any agencies that have had their funding lapse because of the border wall funding standoff between him and Congress. And I stated my skepticism both for the report about Nexstar possibly selling WPIX for the reasons I stated above as well as the fact that FTVLive sometimes does report on hearsay, with a relatively mixed record of accuracy (and one cease and desist order on a story initially based on a rumor tip, to boot). The shutdown, incidentally, affords Nexstar plenty of time to decide how to fit the Tribune stations into their portfolio while still keeping the group under the 39% cap, and the better assumption would be that Nexstar might keep WPIX, KTLA and WGN, and spin off stations in some mid-to-upper-end top-20 markets and markets ranking far lower. Link to comment https://localnewstalk.net/topic/16811-nexstar-to-acquire-tribune/page/7/#findComment-220432 Share on other sites More sharing options...
Eat News 4745 Posted January 16, 2019 Share Posted January 16, 2019 1 hour ago, mre29 said: I would think that most station owners would want to at least keep New York and LA stations. Chicago is the cherry on top of this sundae. How many small-market stations would Nexstar have to sell to be able to keep the big three? You don't need NY, LA or CHI to operate a TV network anymore. You don't need "flagships" or cherries on sundaes. You can place a TV network just about anywhere in the USA now given you stay close to a decent communications hub. Link to comment https://localnewstalk.net/topic/16811-nexstar-to-acquire-tribune/page/7/#findComment-220433 Share on other sites More sharing options...
newsteam13 395 Posted January 16, 2019 Share Posted January 16, 2019 The Nexstar Family of Colorado Duopolies In the Colorado Springs/Pueblo market, it's FOX21 KXRM and CW57 KXTU (also known as SoCo CW). In the Grand Junction market, it's CBS5 KREX and FOX4 KFQX. If the FCC approves Nexstar's purchase of Tribune stations, including FOX31 KDVR and CW2 KWGN, that Denver duopoly would be the final piece of the puzzle. The circle will be complete. Colorado will officially be Nexstar Country! Link to comment https://localnewstalk.net/topic/16811-nexstar-to-acquire-tribune/page/7/#findComment-220434 Share on other sites More sharing options...
DENDude 217 Posted January 16, 2019 Share Posted January 16, 2019 KFQX isn't owned by Nexstar it's only managed by them. The station is owned by Mission Broadcasting Inc out of Westlake, OH. Link to comment https://localnewstalk.net/topic/16811-nexstar-to-acquire-tribune/page/7/#findComment-220435 Share on other sites More sharing options...
tyrannical bastard 3951 Posted January 16, 2019 Share Posted January 16, 2019 4 hours ago, dabx said: What I don't understand is why Tribune did not move WPIX from a VHF to a UHF station during the digital transition. During the transition, WPIX was using UHF 33 - why didn't they stay there? They would now have a discount station. WGN and KTLA gave up their VHF station. Another Sam Zell screwup Broadcasting on an ACTUAL VHF station is much cheaper than UHF due to the power usage. In the analog era, Low-V was capped at 100KW, High-V at 316KW and UHF at 5 million watts. Digital uses much less power, (I don't know the max on VHF but UHF is capped at 1 million watts). Do the math when it comes to the electric bill.... This was a reason back in the digital switchover, but the UHF discount is a relic when analog UHF was inferior....now digital UHF is the standard and VHF is a pain in the viewers you know what. And in this era of mega mergers, a station like WPIX that chose to be VHF is now paying the price since it is counted at full value, REGARDLESS of the UHF discount... Link to comment https://localnewstalk.net/topic/16811-nexstar-to-acquire-tribune/page/7/#findComment-220436 Share on other sites More sharing options...
Featured Comment rkolsen 1684 Posted January 16, 2019 Featured Comment Share Posted January 16, 2019 Please discuss WPIX here in speculation. Link to comment https://localnewstalk.net/topic/16811-nexstar-to-acquire-tribune/page/7/#findComment-220440 Share on other sites More sharing options...
blizzard59 41 Posted January 16, 2019 Share Posted January 16, 2019 3 hours ago, tyrannical bastard said: Broadcasting on an ACTUAL VHF station is much cheaper than UHF due to the power usage. In the analog era, Low-V was capped at 100KW, High-V at 316KW and UHF at 5 million watts. Digital uses much less power, (I don't know the max on VHF but UHF is capped at 1 million watts). Do the math when it comes to the electric bill.... Keep in mind those power levels represent effective radiated power. The true amount of power coming out of the transmitter is much lower, and therefore the cost difference between running a VHF station and a UHF one isn't nearly as substantial as the advertised power levels suggest. Additionally, comparing costs between analog and digital broadcasts is a bit tricky, because analog signals were measured in terms of peak power, while digital signals are measured in terms of average power. Link to comment https://localnewstalk.net/topic/16811-nexstar-to-acquire-tribune/page/7/#findComment-220452 Share on other sites More sharing options...
ColumbusNewsFan 217 Posted January 17, 2019 Share Posted January 17, 2019 I'll talk about this more in speculation but FTVLive.com is reporting that FOX is talking with Nexstar about buying some of those 42 stations involved in this deal. I'm not surprised that it's happening but how long it took for FOX to jump back into the Tribune station deal 2.0. Link to comment https://localnewstalk.net/topic/16811-nexstar-to-acquire-tribune/page/7/#findComment-220455 Share on other sites More sharing options...
mre29 1523 Posted January 17, 2019 Share Posted January 17, 2019 3 hours ago, ColumbusNewsFan said: I'll talk about this more in speculation but FTVLive.com is reporting that FOX is talking with Nexstar about buying some of those 42 stations involved in this deal. I'm not surprised that it's happening but how long it took for FOX to jump back into the Tribune station deal 2.0. I had assumed they already were talking to Nexstar. Link to comment https://localnewstalk.net/topic/16811-nexstar-to-acquire-tribune/page/7/#findComment-220473 Share on other sites More sharing options...
Megatron81 258 Posted January 20, 2019 Share Posted January 20, 2019 I pretty much know WXMI Fox17 will be sold I'll not say who will buy it on this thread since Wood TV is the Crown Jewel just like when Sinclair with WWMT wasn't going to give that station up. Nexstar & Fox got to get a new deal done was surprised that it was only a 2-year deal so wasn't all that surprised that Nexstar and Fox are in talks to sell some TV stations to Fox. Link to comment https://localnewstalk.net/topic/16811-nexstar-to-acquire-tribune/page/7/#findComment-220635 Share on other sites More sharing options...
dman748 1256 Posted January 20, 2019 Share Posted January 20, 2019 On 1/16/2019 at 6:12 PM, ColumbusNewsFan said: I'll talk about this more in speculation but FTVLive.com is reporting that FOX is talking with Nexstar about buying some of those 42 stations involved in this deal. I'm not surprised that it's happening but how long it took for FOX to jump back into the Tribune station deal 2.0. That might also explain why they dropped out of the running for the Regional Sports Nets (even though they didn't include it in the SEC filings) but the Murdoch's probably had to decide between either buying up more TV stations or buy back the RSNs but not both of them and (from all indications that I've seen) they've chosen to go after the TV stations Link to comment https://localnewstalk.net/topic/16811-nexstar-to-acquire-tribune/page/7/#findComment-220637 Share on other sites More sharing options...
JCB4TV 347 Posted January 27, 2019 Share Posted January 27, 2019 On 1/16/2019 at 11:07 AM, GoldenShine9 said: As long as the government is padlocked, it's a world of speculation out there and FTV Live isn't helping. We won't know more until the paperwork comes in and the government must reopen for that. With the government reopening... for now, we'll get more answers as the paperwork will get a chance to be uploaded to the FCC. Link to comment https://localnewstalk.net/topic/16811-nexstar-to-acquire-tribune/page/7/#findComment-220941 Share on other sites More sharing options...
CircleSeven 1955 Posted January 29, 2019 Author Share Posted January 29, 2019 The Paperwork Is Up!!! Here's the Comprehensive Exhibit & Merger Agreement. The comprehensive exhibit does not tell you which stations Nexstar going to divest fully (like what we've seen in Gray-Raycom). It only list the markets at which Nexstar would have to divest one of the top-4 stations to comply with the top-4 Duopoly rule. So they'll amend these apps once a full divestiture plan gets finalized. On the merger agreement, The initial outside date of this deal is November 30, 2019. But if it gets extended for three months, then the new outside date will be February 29, 2020. Link to comment https://localnewstalk.net/topic/16811-nexstar-to-acquire-tribune/page/7/#findComment-221070 Share on other sites More sharing options...
MetroCity 248 Posted January 29, 2019 Share Posted January 29, 2019 Comprehensive Exhibit, Section In section VIII-A-2... The Ames market has miraculously moved itself from Iowa to Ohio! 2. Des Moines-Ames, OH In this market, NBI is the licensee of WOI-DT, Ames, Ohio (ABC) and KCWI-TV, Ames, Ohio (CW). A Tribune subsidiary is the licensee of WHO-DT (NBC). Both WOI-DT and WHO- DT are currently Top Four stations in the market. In order to comply with the Duopoly Rule, the applicants must divest one of the Top Four stations. An application to divest one such station will be filed as soon as divestiture plans are finalized. Also, Section VII-A-8 seems to suggest that in Indianapolis, Nexstar would keep the Tribune stations and divest WISH & WNDY. 8. Indianapolis, IN In this market, NBI is the licensee of WISH-TV, Indianapolis, Indiana (CW) and WNDY- TV, Marion, Indiana (MyNet). A Tribune subsidiary is the licensee of WXIN(DT), Indianapolis, Indiana (FOX), WTTV(DT), Bloomington, Indiana (CBS), and WTTK(DT), Kokomo, Indiana.61 Neither WISH-TV nor WNDY-TV are Top Four stations in the market, while both WXIN(DT) and WTTV(DT) are among the Top Four stations in the market. In order to comply with the Duopoly Rule, applicants must divest certain stations in this market. The Top Four Showing in Exhibit 20 to the application for transfer of control of the licensee of WXIN(DT) and WTTV(DT) demonstrates that allowing the continued common ownership of those two stations following the Merger would serve the public interest. If NBI is permitted to acquire both WXIN(DT) and WTTV(DT), then it will divest the other two stations owned in the market. Applications to divest stations sufficient to comply with the Duopoly Rule will be filed as soon as divestiture plans are finalized. (Bold highlight by me.) Link to comment https://localnewstalk.net/topic/16811-nexstar-to-acquire-tribune/page/7/#findComment-221072 Share on other sites More sharing options...
ColtFromGulfcoast 708 Posted January 29, 2019 Share Posted January 29, 2019 Y'all, they also said WLMT was in the top 4. Link to comment https://localnewstalk.net/topic/16811-nexstar-to-acquire-tribune/page/7/#findComment-221073 Share on other sites More sharing options...
CircleSeven 1955 Posted January 29, 2019 Author Share Posted January 29, 2019 58 minutes ago, ColtFromGulfcoast said: Y'all, they also said WLMT was in the top 4. Unless they're really watching The CW, that's a big error. Link to comment https://localnewstalk.net/topic/16811-nexstar-to-acquire-tribune/page/7/#findComment-221075 Share on other sites More sharing options...
TennTV1983 804 Posted January 29, 2019 Share Posted January 29, 2019 1 hour ago, ColtFromGulfcoast said: Y'all, they also said WLMT was in the top 4. 1 minute ago, CircleSeven said: Unless they're really watching The CW, that's a big error. Is WATN really doing worse than their sister station? That's a big insult to injury if true. Link to comment https://localnewstalk.net/topic/16811-nexstar-to-acquire-tribune/page/7/#findComment-221076 Share on other sites More sharing options...
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