Bucc 4 Posted May 19, 2009 Share Posted May 19, 2009 According the the Times Union's Business Blog, here in Albany, NY: "WTEN Ch. 10, now owned by Young Broadcasting Inc., is attracting attention from potential buyers. Sources at the ABC affiliate in Albany say executives from Local TV LLC toured the station late last week. The company is interested in buying at least several — if not all — of the 10 stations that Young Broadcasting owns, and has already visited many of those stations." http://blogs.timesunion.com/business/?p=12454 You have no idea how exciting this could be, for viewers who have seen the quality of WTEN's News product become crappier by the day! But, my question, do these Local TV stations have quality newscasts? Because WTEN has become awful. Link to comment Share on other sites More sharing options...
Weeters 1811 Posted May 19, 2009 Share Posted May 19, 2009 Besides seeing talent leave and a new website, I haven't seen many things change with WITI, or at any Local TV owned station previously owned by FTSG. Local TV seems to be one of those companies that "collects" stations and doesn't do much with them. Link to comment Share on other sites More sharing options...
Bucc 4 Posted May 19, 2009 Author Share Posted May 19, 2009 Besides seeing talent leave and a new website, I haven't seen many things change with WITI, or at any Local TV owned station previously owned by FTSG. Local TV seems to be one of those companies that "collects" stations and doesn't do much with them. Interesting...ok, yea the article explains how they just go tons of Fox stations...hummm well we will have 2 wait & see then! Link to comment Share on other sites More sharing options...
NewsMan 0 Posted May 19, 2009 Share Posted May 19, 2009 How people like Local TV mostly depends. One of my friends who works as a former FOX O & O (now owned by local) isn't overly impressed (she had to add more hours). The other that works at a CBS one really likes it and they have pour a lot of money in, (she's an anchor there). Link to comment Share on other sites More sharing options...
TennTV1983 748 Posted May 20, 2009 Share Posted May 20, 2009 If the rumor is indeed true, then there may be hope for WKRN (the perennial third-place station in Nashville). Link to comment Share on other sites More sharing options...
kjohnson 15 Posted May 20, 2009 Share Posted May 20, 2009 No blood bath at KTVI...yet. It could be safe for Local to by the Young group, but I wouldn't expect any miracles out of WKRN... Link to comment Share on other sites More sharing options...
tw-804 190 Posted May 20, 2009 Share Posted May 20, 2009 Young Broadcasting owns WRIC. WTVR is now owned by Local TV. The question is: Will we see another ownership change in the Richmond area if the rumors are true? Link to comment Share on other sites More sharing options...
CLT-DCA-ORF-PTI 86 Posted May 20, 2009 Share Posted May 20, 2009 Young Broadcasting owns WRIC. WTVR is now owned by Local TV. The question is: Will we see another ownership change in the Richmond area if the rumors are true? Hmm, I was thinking the same thing...Would Local again take the higher rated station? (not sure if 'RIC is rated higher, we only get WTVR out here in So. MD.) Link to comment Share on other sites More sharing options...
Chief-O 28 Posted May 20, 2009 Share Posted May 20, 2009 WBAY's production quality has gone down the toilet in the past few years as well. That said, they are still [iSTR] number one in the market. It wouldn't surprise me if they are one of, or THE, strongest station in Young's group, but they could use some improvement. Whether Local TV LLC would bring it if they bought the station, I don't know. Link to comment Share on other sites More sharing options...
NewsMan 0 Posted May 20, 2009 Share Posted May 20, 2009 Hmm, I was thinking the same thing...Would Local again take the higher rated station? (not sure if 'RIC is rated higher, we only get WTVR out here in So. MD.) WTVR is far higher rated and I think young has just thrown in the towel for WRIC. Link to comment Share on other sites More sharing options...
NewsMan 0 Posted May 20, 2009 Share Posted May 20, 2009 WBAY's production quality has gone down the toilet in the past few years as well. That said' date=' they are still [iSTR'] number one in the market. It wouldn't surprise me if they are one of, or THE, strongest station in Young's group, but they could use some improvement. Whether Local TV LLC would bring it if they bought the station, I don't know. KELO & KWQC are still the highest. I always hear the KELO has kept young in existence money wise. They are a cash cow! I think WKRN could be helped by Local and they would finally go HD (probably). They have a good team there. Link to comment Share on other sites More sharing options...
FirstNews8 13 Posted May 21, 2009 Share Posted May 21, 2009 yeah, I dont know... Local owns WQAD here in the Quad Cities, and Young owns KWQC here in the QC.... I dont know if itll work out.... but if Young were to be bought, Local seems like a fair company, I think it would be better for them. Link to comment Share on other sites More sharing options...
Mrtraveler01 737 Posted May 29, 2009 Share Posted May 29, 2009 No blood bath at KTVI...yet. It could be safe for Local to by the Young group, but I wouldn't expect any miracles out of WKRN... I don't think so either. Maybe the quality of the newscasts might improve a little bit. But isn't WTVF a powerhouse in Nashville? Also, is WSMV pretty competive too or do you think WKRN might be a good competitor against WSMV if it is retooled the right way? Link to comment Share on other sites More sharing options...
TennTV1983 748 Posted May 29, 2009 Share Posted May 29, 2009 I don't think so either. Maybe the quality of the newscasts might improve a little bit. But isn't WTVF a powerhouse in Nashville? Also, is WSMV pretty competive too or do you think WKRN might be a good competitor against WSMV if it is retooled the right way? It's pretty much a competitive battle between WSMV and WTVF in the Nashville market, with WKRN being the perennial #3 station in the city. Link to comment Share on other sites More sharing options...
Bucc 4 Posted July 1, 2009 Author Share Posted July 1, 2009 Here's some new info, from Broadcasting & Cable: Report: Young Stations to be Auctioned July 14 "The Young Broadcasting assets are to be auctioned off July 14 in New York, according to a report in the Tennessean newspaper, which says the company will be sold or reorganized as a whole, according to its attorneys at the Sonnenschein Nath & Rosenthal law offices." here's the article Link to comment Share on other sites More sharing options...
lugnuts6 89 Posted July 1, 2009 Share Posted July 1, 2009 I'll say it , Local TV buys the stations ..(but NOT KRON) Link to comment Share on other sites More sharing options...
kjohnson 15 Posted July 2, 2009 Share Posted July 2, 2009 I'm kind of puzzled what LocalTV plans on buying the Young stations with. Raising that sort of capital has become next to impossible since the bank meltdown last year, plus LocalTV is swimming in debt. Link to comment Share on other sites More sharing options...
tw-804 190 Posted July 2, 2009 Share Posted July 2, 2009 I'll say it , Local TV buys the stations ..(but NOT KRON) ...and not WRIC. Local TV owns WTVR. Link to comment Share on other sites More sharing options...
Ntropolis 593 Posted July 8, 2009 Share Posted July 8, 2009 I think you need a (free) TVNewsDay subscription to see this... http://www.tvnewsday.com/articles/2009/07/08/daily.1/ "According to other industry sources, there are at least three entities possibly interested in obtaining all, or at least a piece, of the bankrupt station group: Local TV LLC, Nexstar Broadcasting Group and Silver Point Capital." Uhoh, Nexstar... can't wait for "BayAreaHomepage.com" for KRON, "TheRichmondSite.com" for WRIC, and "GoNashville.net" for WKRN! Link to comment Share on other sites More sharing options...
TennTV1983 748 Posted July 9, 2009 Share Posted July 9, 2009 I think you need a (free) TVNewsDay subscription to see this... http://www.tvnewsday.com/articles/2009/07/08/daily.1/ "According to other industry sources, there are at least three entities possibly interested in obtaining all, or at least a piece, of the bankrupt station group: Local TV LLC, Nexstar Broadcasting Group and Silver Point Capital." Uhoh, Nexstar... can't wait for "BayAreaHomepage.com" for KRON, "TheRichmondSite.com" for WRIC, and "GoNashville.net" for WKRN! I would much rather not see Nexstar buying the Tennessee properties. They don't need to be run any cheaper than they already are. I have no idea about Silver Point. Link to comment Share on other sites More sharing options...
FirstNews8 13 Posted July 9, 2009 Share Posted July 9, 2009 Don't forget "KnoxvilleProud.com" for WATE and "EverythingFoxCities.com" for WBAY! how about centraliilinoisproud.com ... Link to comment Share on other sites More sharing options...
mre29 1341 Posted July 9, 2009 Share Posted July 9, 2009 Nexstar doesn't believe in reasonably short, succinct URLs, do they? Given a choice, I'd be promoting "FoxCitiesTV.com" over "EverythingFoxCities.com" any day. Link to comment Share on other sites More sharing options...
fl19ga114sc105 3 Posted July 9, 2009 Share Posted July 9, 2009 Here is a short URL for a Nexstar station http://yourjax.com/ The home page for WCWJ a station that Nexstar purchased from Media General. Link to comment Share on other sites More sharing options...
WAVY 10 Fan 232 Posted July 9, 2009 Share Posted July 9, 2009 Local doesn't want to "bet on a loser" and Nexstar's up to its collective hairline in red ink ($652 million in debt). Makes it look like those two may be out of the question. Link to comment Share on other sites More sharing options...
mre29 1341 Posted July 9, 2009 Share Posted July 9, 2009 Local doesn't want to "bet on a loser" and Nexstar's up to its collective hairline in red ink ($652 million in debt). Makes it look like those two may be out of the question. How would buying several of the Young stations via auction be "bet[ting] on a loser"? Link to comment Share on other sites More sharing options...
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