Confirmed: Newport selling stations to Nexstar, Cox, Sinclair

Discussion in 'General TV' started by Viper550, Jul 18, 2012.

  1. Viper550

    Viper550
    Expand Collapse
    Active Member

    Joined:
    Jun 14, 2011
    Messages:
    435
    Likes Received:
    35
    Update: Yes, it's a done deal
    http://www.broadcast...x_for_1_Bil.php

    Also, Sinclair's going to be buying WTTA (MyNetworkTV) in Tampa Bay outright; they already run it under an LMA.

    Original post:

    http://www.broadcast...rt_Stations.php

    According to these reports, Providence Equity Partners will keep the remaining 5. The intriquing part however, is that the WSJ thinks Nexstar might be acquiring "most" of them. But, I just hope "most" is the small market ones (Hello, ElmiraHomepage? WeAreJackson? YourKernCounty? MobileHomepage?). Nexstar already has a duopoly in Rochester (WROC/WUHF), so they probably won't get WHAM. They could pair up WAWS with WCWJ in Jacksonville though.

    Personally, I think Cox might get the more "major" stations in its portfolio (mainly the Salt Lake City one, because personally I don't think Nexstar wants to go back to Salt Lake City "for real" this time, and because Sinclair already has KUTV and KMYU)
     
  2. TennTV1983

    TennTV1983
    Expand Collapse
    Primary Anchor

    Joined:
    Nov 29, 2006
    Messages:
    890
    Likes Received:
    66
    I could see that happening, especially if they go after the stations in sub-100 markets or the ones Sinclair and Cox pass on.

    Sinclair may not be able to acquire WHAM either since they own a Fox station there, so it may end up being one of the five Newport holds onto for now.

    The only ones I see Cox being interested in are the stations in Cincinnati, Salt Lake City, and possibly San Antonio.
     
  3. effseesee

    effseesee
    Expand Collapse
    Reporter

    Joined:
    Jan 3, 2008
    Messages:
    207
    Likes Received:
    16
    Cox would probably be interested in Cinci because they own the CBS affiliate up the road in Dayton. Keep in mind that Cox also owns radio stations as well. That would put places like Jacksonville, Tulsa, and San Antonio in play.
     
  4. Glimmer

    Glimmer
    Expand Collapse
    Newsroom Intern

    Joined:
    Mar 24, 2011
    Messages:
    171
    Likes Received:
    6
    It's safe to assume Sinclair would grab KLRT in Little Rock, since KARK/KARZ already belong to Nexstar, but I wonder what else they'll end up buying. WAWS/WTEV would probably also call into the Sinclair column unless Nexstar sells WCWJ. I wonder if the stations Newport is keeping are the NY stations (WHAM, WSYR, WXXA, etc.)
     
  5. Viper550

    Viper550
    Expand Collapse
    Active Member

    Joined:
    Jun 14, 2011
    Messages:
    435
    Likes Received:
    35
    Actually, WUHF is the Fox station. Sinclair owns it, but somehow Nexstar runs it. Hmm, terminate the SSA and pair up with WHAM instead? That'd give them control of three network affiliations, two of which commonly associated with Sinclair (Fox and CW)
     
  6. TennTV1983

    TennTV1983
    Expand Collapse
    Primary Anchor

    Joined:
    Nov 29, 2006
    Messages:
    890
    Likes Received:
    66
    My guess is that WPTY/WLMT get sold off to either Sinclair (which owns stations in Nashville and Chattanooga) or Nexstar (which owns no TN stations), and would most likely have to include WJKT in that sale due to their master control being located in Memphis (even though it is a Jackson, TN station).

    If that's the case, a Sinclair purchase of WHAM might actually work.
     
  7. tyrannical bastard

    tyrannical bastard
    Expand Collapse
    Assistant VP of Aspect Ratio Correction

    Joined:
    Dec 3, 2006
    Messages:
    1,135
    Likes Received:
    168
  8. Glimmer

    Glimmer
    Expand Collapse
    Newsroom Intern

    Joined:
    Mar 24, 2011
    Messages:
    171
    Likes Received:
    6
  9. Jterry

    Jterry
    Expand Collapse
    AM Anchor

    Joined:
    Nov 28, 2006
    Messages:
    403
    Likes Received:
    14
    WPTY/WLMT (and sister WJKT in Jackson) got picked up by Nexstar. Considering the alternative, Sinclair, that's good news and maybe they'll be able to do something with the still faltering duopoly.

    Other stations Nexstar is picking up...
    KTVX/KUCW...WSYR...WBGH/WIVT...WETM...WWTI. The separate Mission Broadcasting, which Nexstar operates, will pick up KLRT and KASN in Little Rock due to KARK's ownership in Little Rock.

    http://www.mediabistro.com/tvspy/nexstar-acquires-newport-stations-for-285m_b54940
     
  10. effseesee

    effseesee
    Expand Collapse
    Reporter

    Joined:
    Jan 3, 2008
    Messages:
    207
    Likes Received:
    16
    The original article stated that Cox will get a couple, but 5 of the stations still do not have buyers. If this is true, then I'm guessing Cox will be picking up the Jacksonville and Tulsa Clusters and the 5 remaining stations are KGPE, WXXA, WHAM, KMTR and KGET.
     
  11. Glimmer

    Glimmer
    Expand Collapse
    Newsroom Intern

    Joined:
    Mar 24, 2011
    Messages:
    171
    Likes Received:
    6
    Cox is indeed getting WAWS/WTEV and KOKI-KMYT
    http://www.broadcastingcable.com/article/487442-Newport_Sells_22_Stations_to_Nexstar_Sinclair_Cox_for_1_Bil.php
     
  12. tmanokc

    tmanokc
    Expand Collapse
    Active Member

    Joined:
    Jul 25, 2011
    Messages:
    648
    Likes Received:
    56
    A few things about this deal:
    * 1. Unless Mission Broadcasting plans on operating KLRT and KASN independently of KARK and KARZ (thereby avoiding a virtual "quadropoly"), since Nexstar spun off the stations to a company that it operates several JSAs and LMAs with, the existence of KLRT's news operation has now been put in jeopardy.
    * 2. Same can be said of Sinclair's San Antonio purchase, if Sinclair decides to spin off KABB and KMYS to Cunningham Broadcasting, although it would seem a huge waste for Sinclair to invest in upgrading KABB's newscasts to HD last year only to shut it down the news department a year later, ultimately I hope that Sinclair decides to look for a new owner for its existing duopoly in S.A., rather than create a virtual triopoly.
    * 3. I think that of the two duopolies involved in the Cox deal, they've got good company since WAWS/WTEV and KOKI/KMYT will end up in the same company as the revered KTVU, however there is an issue with legality since Cox Media Group is owned by Cox Enterprises, whose Cox Communications subsidiary operates a cable system in Tulsa (it is my understanding that unless it is a low-power station, you can't operate a television station and a cable system in the same market).
     
  13. susquvalleywgal

    susquvalleywgal
    Expand Collapse
    AM Anchor

    Joined:
    Nov 28, 2006
    Messages:
    360
    Likes Received:
    42
    WHP to Sincrap ... Ugh. Hello bland black and white colored L3's ... oh man.
     
    1 person likes this.
  14. AaronQ

    AaronQ
    Expand Collapse
    Active Member

    Joined:
    Jun 7, 2012
    Messages:
    511
    Likes Received:
    58
    There is no way in hell the FCC would allow Sinclair to get WPMI and WJCT in Mobile and WOAI in San Antonio
     
  15. TexasTVNews

    TexasTVNews
    Expand Collapse
    Primary Anchor

    Joined:
    Nov 28, 2006
    Messages:
    1,138
    Likes Received:
    84
    This is my opinion, Why can't they sell some of the Newport Stations to Belo or other broadcasting company, personally I'm so sick of Sinclair purchasing stations left and right.
     
    1 person likes this.
  16. A3N

    A3N
    Expand Collapse
    LIVE

    Joined:
    Nov 28, 2006
    Messages:
    1,583
    Likes Received:
    118
    I'm curious to know if COX got these stations on the cheap, therefore prompting them to jump at the bit. They were also in the mix for the former McGraw Hill Stations (which ultimately they did not get) and it seems like they would not go above a certain price (i.e. cheap). So these stations must be relatively affordable for COX to bite on it.
     
  17. TennTV1983

    TennTV1983
    Expand Collapse
    Primary Anchor

    Joined:
    Nov 29, 2006
    Messages:
    890
    Likes Received:
    66
    I don't see that happening either, especially since they already own WEAR and KABB respectively, but knowing Sinclair, they will find a way to get around FCC ownership rules (*cough*Nashville*cough*).


    Things could only be looking up in this case, considering how cheaply run the stations had been operating over the last few years. Maybe now they'll get a decent looking news set down the road.

    Start getting used to YourMidSouth.com or MidSouthHomepage.com for WPTY/WLMT and WestTNHomepage.com for WJKT.
     
  18. AaronQ

    AaronQ
    Expand Collapse
    Active Member

    Joined:
    Jun 7, 2012
    Messages:
    511
    Likes Received:
    58
    Oh don't forget Columbus with WSYX, WTTE, and WWHO
     
  19. effseesee

    effseesee
    Expand Collapse
    Reporter

    Joined:
    Jan 3, 2008
    Messages:
    207
    Likes Received:
    16
    FCC repealed that rule after the Courts shot it down.

    http://www.dwt.com/advisories/fcc_repeals_tvcable_cross_ownership_rule_02_27_2003/
     
  20. tmanokc

    tmanokc
    Expand Collapse
    Active Member

    Joined:
    Jul 25, 2011
    Messages:
    648
    Likes Received:
    56
    Sinclair has apparently reached an agreement to sell off its MyNetworkTV affiliate in Cincinatti, WSTR-TV (adhering it to the same conditions of its prior purchase option with Fox Television Stations) and its San Antonio CW affiliate KMYS to Deerfield Media. The KMYS sale doesn't make sense since FCC rules prohibit two of the top four stations in the same market to be owned by one company. It would seem weird that KMYS is considered to be one of the four highest-rated stations in San Antonio since it is a CW affiliate (even if its programming is strong enough), WGN-TV and KTLA would be the only believable CW stations to be one of the four highest-rated stations in a market, so shouldn't KABB the one they spin off instead since it is affiliated with a higher-rated network and has a news department?

    Also, KABB's story on the acquisition says that "Fox San Antonio... viewers can expect the same great local programming they're used to enjoying", which is kind of a lie since the local programming as it is currently known as far as newscasts go will be gone if the FCC grants Sinclair's waiver to buy WOAI and keep KABB. Honestly, KABB and KLRT would have been better off with Cox Media Group, at least that way those stations' staffers won't have to worry about losing their jobs if they were acquired by Cox.
     
    1 person likes this.

Share This Page