GoldenShine9 1520 Posted April 10, 2023 Posted April 10, 2023 9 hours ago, Recovering Producer said: The FCC paperwork makes it very clear: Hearst agreed to buy the option to purchase WZVN that Waterman held should it become legal for them to do so. Any talk of an outside sale is pure fantasy. Exactly. That's probably a big reason why the price is over $200M as well. If it was only WBBH and not the LMA as well, it would likely have been around $125M to $150M I would think. I know the market is over twice the size, but what was the purchase price when Tegna acquired KFMB in San Diego? That was the last large market standalone station sold that I can think of.
TheRob 969 Posted April 10, 2023 Posted April 10, 2023 TEGNA paid $325 million for the KFMBs (TV, FM, AM). They turned around and got $5 million for the radio stations.
Yankees4life 600 Posted April 11, 2023 Posted April 11, 2023 Looks like we'll be hearing "Strive" in SW Florida now...
mre29 1972 Posted April 11, 2023 Posted April 11, 2023 2 hours ago, Yankees4life said: Looks like we'll be hearing "Strive" in SW Florida now... That's a bad thing?
CircleSeven 1968 Posted May 23, 2023 Posted May 23, 2023 While one big M&A was terminated last night, another deal is about to reach the finish line...... Nearly seven weeks after filing the paperwork, the FCC has greenlighted this WBBH deal.
MediaZone4K 2681 Posted May 26, 2023 Posted May 26, 2023 On 5/23/2023 at 2:31 PM, CubsFan79 said: Is WZVN TV included. Yes it is included according to NBC 2's website. Surprisingly they run two news operations on at competing times instead of similcasting or reducing the other to a junior station.
mre29 1972 Posted May 26, 2023 Posted May 26, 2023 I'll be interested in seeing if WBBH gets the current standard Hearst TV station website design, which is several years old now, or if the company is planning on using them to launch a new design.
Samantha 2923 Posted May 28, 2023 Posted May 28, 2023 On 5/23/2023 at 11:31 AM, CubsFan79 said: Is WZVN TV included. The best way to phrase that is that the license is not, but Hearst replaces Waterman as its service provider and will handle all the operations under (an amended version of) the original 1994 LMA.
DirtyHarry 749 Posted May 29, 2023 Posted May 29, 2023 12 hours ago, Samantha said: The best way to phrase that is that the license is not, but Hearst replaces Waterman as its service provider and will handle all the operations under (an amended version of) the original 1994 LMA. Wouldn't it be better to just lease time on one of these sidecar stations? Or does the FCC not allow that?
CircleSeven 1968 Posted July 1, 2023 Posted July 1, 2023 Well its a dawn of brand new day at WBBH. Hearst completed its acquisition of the station yesterday (6/30). The now-former owners slipped a goodbye message to its Southwest Florida viewers. Bye-Bye Waterman. RIP Bernie.
GoldenShine9 1520 Posted July 2, 2023 Posted July 2, 2023 It's still about as good of a situation as they could realistically expect. Now, the ball is in your court, the McBrides.
DENDude 260 Posted July 4, 2023 Posted July 4, 2023 Stupid question.... Is Steve Pontius retiring? And is N/D Darrel Adams retiring?
Samantha 2923 Posted July 4, 2023 Posted July 4, 2023 On 7/3/2023 at 6:41 PM, DENDude said: Stupid question.... Is Steve Pontius retiring? And is N/D Darrel Adams retiring? Pontius retired on June 30. Adams stays.
mre29 1972 Posted July 6, 2023 Posted July 6, 2023 On 7/1/2023 at 11:10 AM, CircleSeven said: Well its a dawn of brand new day at WBBH. Hearst completed its acquisition of the station yesterday (6/30). It'll be interesting to see what WBBH's website looks like when it gets relaunched. Hearst's station sites are due for a redesign. It's a shame Waterman sold WVIR a few years ago; Hearst could've acquired that station, too.
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