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Discussion in 'General TV' started by KentBrockman, Jun 25, 2018.
Oh. Looks like I misread the thing. Carry on...
We'll know when the paperwork get posted. But I strongly believe (and I don't think @tw-804 read it wrong) Nexstar will have the MyNet & other syndie shows, along with "broadcast license assets" (that's what it said on the article) and intellectual properties of KFVE. Otherwise, the news wouldn't have been mentioned on the air on KHON's news.
It would be too confusing to make an "announcement" on the air that Nexstar is acquiring KFVE, but the network & syndie shows the station is currently carrying would be moved to a completely different station. That wouldn't make any sense. Also, I don't think Nexstar would buy an empty TV station just to move its CW affiliation over to an empty channel. And even the anchor said that they're "expanding" in Hawaii. It wouldn't be an expansion without the programming that's already airing right now on KFVE.
Should this deal goes through, and Nexstar gets "all" of KFVE, I'm hoping they keep the current logo.
EDIT: The KRBK deal has been completed. It was consummated yesterday (11/1).
Okay, follow-up. @NEOMatrix called it.
Upon further info from last weekend's Star-Advertiser article, Nexstar will acquire the license & transmitter of KFVE. And Raycom will inherit KFVE's local programming & the Hawaii News Now shows. Bounce TV will be moved to subchannel 5.4.
But why are you're keeping the callsign when you're doing nothing but placing the programming on a sub (unless Raycom/Gray is buying an LP in Honolulu)?
Of course it didn't stop the folks that complained about the 2009 creation of HNN from chiming in on the news.
So not a full acquisition. This is weird.
It's basically this. Once KFVE deal is done, you'll probably see Nexstar moving the CW outlet over to the other full-power station (with a new callsign).
What's more confusing is the article says that KFVE will no longer be a MyNetworkTV affiliate. With Raycom keeping the KFVE's other programs (and the callsign), will that include the MyNet shows? Or will Nexstar get the MyNet shows and move it to the CW stream. Right now the MyNet shows are aired after midnight every weeknight on KFVE.
In other words, KFVE's local news and programming will more likely be on KHNL 13.4 or on a different digital subchannel where KGMB or KHNL could either drop This TV (5.2), Escape (5.3) or Grit (13.3) to make room for the new KFVE or whatever they decide to call the new station since MyTV will be dropped.
That's okay. KFVE airs Hawaiian-related programming at 7:00 p.m. every night and airs lots of it on weekends, especially on Sundays. KFVE will be all right.
I think KHON will use the KFVE/KGMD/KGMV licenses to become The CW outlet and change the callsigns there.
Since Nexstar talked about "expansion", I wonder if KHON will put extra newscasts on "Hawaii's CW"? Maybe a 7pm, with The CW moving to 8-10pm?
The KFVE Paperwork Is Up!!!
Nexstar is buying KFVE & the satellites for $6.5M.
But if this can't get anymore confusing, there are two pre-closing agreements related to this deal:
There's a time brokerage agreement (TBA) between the owner of KFVE (HITV) & Nexstar, which began last week (11/1). As said on the transaction description, because of Nexstar's TBA, Raycom's existing shared service agreement of KFVE have been terminated.
But there is a "Temporary Transition Services Agreement" between Raycom & Nexstar, in which Raycom will continue to provide certain services to KFVE for a period of time, until that agreement is terminated.
As stated on p.2 of the TBA (p.5 on the PDF):
We need the shortened understandable TLDR (too long, don't read) version.
I'm guessing the short version is that Raycom and Nexstar will jointly manage KFVE until the deal is completed. So don't be surprised if KFVE is airing "Hawaii's CW" on one subchannel and "K5" on another.
Much better and interesting. Thank you!
Could some of the Raycom stations stay with Gray after the merger goes through or be sold elsewhere?
Whatever doesn't get divested due to conflicts is likely staying put with Gray after the deal is done.