Gray acquiring various stations in 7 transactions

Discussion in 'Corporate Chat' started by CRThell, Jul 1, 2015.

  1. newsbot

    newsbot AM Anchor

    Joined:
    Jun 8, 2014
    Messages:
    169
    Likes Received:
    69
    WABI has a news sharing arrangement with WMTW in Portland; it will be interesting to see if that arrangement survives the Gray takeover. WGME is partnered with WVII. I have to wonder if WVII is now in play. Will Sinclair or Hearst make Rockfleet an offer they can't refuse?
     
  2. atlnews2

    atlnews2 Managing Editor

    Joined:
    Aug 26, 2015
    Messages:
    422
    Likes Received:
    149
    Not a surprise at all. It seemed inevitable that Gray would buy another station in Maine given that it seemed ridiculous to have WAGM all by itself. Will be interesting to see if Gray makes WAGM a semi-satellite of WABI or let's it continue to be it's own station.

    The plus side to this is that WABI and WCJB will now finally have a decent graphics package.
     
  3. NewsMaster

    NewsMaster Zonie for now

    Joined:
    May 3, 2013
    Messages:
    602
    Likes Received:
    116
    I highly doubt Hearst would be interested in WVII, considering that it is by far the last-placed station in what would by far be Hearst's smallest market. Sinclair could make the move though, because...Sinclair. Whomever purchases WVII would have to put a fairly large investment into the station considering that they don't even have a weather department.

    And, in WABI's case, better music. CBS Local, anyone?
     
  4. GoldenShine9

    GoldenShine9 News Director

    Joined:
    Jun 14, 2013
    Messages:
    829
    Likes Received:
    102
    Gray has almost no way to complete a statewide network in Maine though, unless they swap assets or some blockbuster deal forces a divestment there (like Tegna and Hearst merging) given that Portland is pretty much locked up.

    If they want to expand their reach in the peripheral Northeast, WCAX might be another target for them.
     
  5. newsbot

    newsbot AM Anchor

    Joined:
    Jun 8, 2014
    Messages:
    169
    Likes Received:
    69
    Unless Hearst wants out of Portland, of course...
     
  6. newsbot

    newsbot AM Anchor

    Joined:
    Jun 8, 2014
    Messages:
    169
    Likes Received:
    69
    Sinclair might have an interest in WVII; they are not allergic to third-place stations, unlike Gray, and there's that existing news sharing relationship...
     
  7. newsbot

    newsbot AM Anchor

    Joined:
    Jun 8, 2014
    Messages:
    169
    Likes Received:
    69
    Gray has already indicated that there would be news and resource sharing between WABI and WAGM, but Presque Isle is 2-1/2 hours away from Bangor (a half-hour further away than even Portland) so there are limits as to what would be practical.
    http://www.wagmtv.com/content/news/WABI-Purchased-by-Gray--413988913.html
     
  8. scrabbleship

    scrabbleship Primary Anchor

    Joined:
    May 19, 2014
    Messages:
    268
    Likes Received:
    55
    At least Gray would have the will to upgrade WMTW to HD. At that point they might as well toss WPTZ in too.

    A wild way in would be WPXT. The local owners who bought them from New Age have wanted out for a while but they don't want to lose the grandfathered LMA with WPME and hitching up with Hearst or Tegna would be a massive headache
     
  9. newsbot

    newsbot AM Anchor

    Joined:
    Jun 8, 2014
    Messages:
    169
    Likes Received:
    69
    The acquiring party might still be able to get a failing station waiver, which is how the WPME LMA was cleared at the FCC in the first place. The station has no chance of staying on the air without the support of a rich uncle. A wild card is the spectrum auction - we don't know if either WPXT or WPME (or both) put their license assets up for bid. I have thought that the only reason both stations remained on the air was as spectrum bait.
     
    #49 newsbot, Feb 17, 2017 at 5:07 PM
    Last edited: Feb 17, 2017 at 5:19 PM

Share This Page