Sinclair, Tribune Close to Merger Deal

Discussion in 'General TV' started by MidwestTV, Mar 15, 2017.

  1. MidwestTV

    MidwestTV Station Group CEO

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    With all of these sudden objections, it'll be curious to see if any other media owners (e.g. Hearst, Scripps, etc) also file objections. It's kind of surprising that one of them hasn't spoken up against it yet.
     
  2. GoldenShine9

    GoldenShine9 News Director

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    None have at this time. Most likely if any do it would be smaller ones (examples being Morgan Murphy, Block, Heartland, Cowles, etc.) who have no aspirations at all of even approaching the levels of Sinclair.
     
  3. Myron Falwell

    Myron Falwell Director of Graphic Blandishment and Chroma Cues

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    So Tribune's CEO Peter Kern claims the merger is still "on track" for a 4Q close.

    What... was he going to say otherwise? Kern's not going to risk losing his cushy payday at the expense of hundreds of employees and the loss of journalistic integrity. Nor is he going to say, "OH HOLY SHIT FOX IS GOING TO SCREW US ALL AND TORPEDO THE MERGER AHHHHHHHHH"

    Peter Kern's motives are as insidious as the worst of the Smith Klan.
     
  4. CircleSeven

    CircleSeven Midnight Presenter

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    Here's a nice, lengthy write-up from the Tribune about Sinclair-Tribune deal.

    Could WGN no longer be Chicago's Very Own after the deal is through?

    EDIT: Also new pieces from the Times-Picayune and Mlive.com
     
    #1384 CircleSeven, Aug 11, 2017
    Last edited: Aug 11, 2017
  5. Megatron81

    Megatron81 Health Reporter

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    Did Fox file a comment with the FCC to kill the merger since they have made public comments that their not for the deal from day 1.
     
  6. okcnewsman

    okcnewsman Managing Editor

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    The only real significant media group to make an objection to the merger would be 21st Century Fox.

    Fox wouldn't even be talking to Ion Media about a deal at this point if they weren't so opposed to the Sinclair-Tribune deal but at the same time they tried to acquire Tribune too (in a partnership with Blackstone) but also I can't blame them being so opposed to the merger if a group has that much power over retransmission consent fee negotiations
     
  7. Myron Falwell

    Myron Falwell Director of Graphic Blandishment and Chroma Cues

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    Would have been nice if the Tribune wrote this the day the merger was announced instead of a silly Pollyanna-ish editorial.

    Not that this piece will change a single mind in the corrupt FCC swamp. We all know it won't.
     
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  8. tyrannical bastard

    tyrannical bastard Assistant VP of Aspect Ratio Correction

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    In the case of New Orleans, a takeover by Sinclair would mean very little since WGNO and WNOL are irrelevant to begin with.

    WGNO is destined to be another KDNL since their news product is obliterated by the other stations in the market.
     
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  9. okcnewsman

    okcnewsman Managing Editor

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  10. CLETVFan

    CLETVFan Weekend Anchor

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    WBNX was more of a "Family" station when it was launched back in December of 1985, hence the "We Are Family" TOH ID jingles they used to play every hour. That continued long until 1995 or '96. It was the FOURTH independent station in Cleveland, and the second one to launch in '85 after WOIO. They continued that "family" approach even after the networks came to 55.

    The station was doing what WOIO was doing after Fox Kids first went on the air until the affiliation change. Build on the kids lineup with stronger syndicated (sitcom) fare. That resulted in 19 over taking WUAB in the ratings to where 43 moved away from sitcoms airing between 5 and 8pm with Cops and Star Trek: The Next Generation programmed with 60 or 90 minutes of sitcoms before. They were going to move back to a full comedy block when the affiliation switch took, and when 19 and 43 merged together under the JSA deal.

    WUAB might have been a logical choice to pick up Fox Kids, except its contract with Disney prevented it from doing so. The scheduling for Fox Kids did get weird after the WB moved to WBNX (after WUAB chose to stay with UPN only). FK eventually got pushed aside to sandwiching between Kids WB! and moved to Sunday mornings with KWB on Saturdays. Of course, Fox phased out children's programming altogether.

    It should also be noted that WBNX was awarded the CW affiliation based on its ratings and success, while WUAB ended up with MyNetworkTV. The CW is still going strong, while MyNet is more of a shorter version of Ion nowadays.

    Oh, in the link below, is a story concerning WBNX's launch back in 1985.

     
  11. tyrannical bastard

    tyrannical bastard Assistant VP of Aspect Ratio Correction

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    Fascinating article. I don't think Rhema ever operated the station....it's always been the Winston Broadcast group running the show.

    Soon after WBNX signed on, WCLQ was the first independent to cave in by becoming a full-blown HSN affiliate. I believe a lot of their former programming was picked up by WBNX.

    WBNX was really the only viable choice to land the WB full term since they were comparable in coverage and programming to WUAB. Juggling 2 netlets and top rated Indians telecasts became too much for WUAB and all of the other viable stations were tied to entities like Paxson and TBN that had no interest in general programming at the time.

    Now if Sinclair succeeds in getting Tribune they could make a play for WBNX. This would prevent Tegna and Scripps from getting a second voice and a chance to go head to head with WJW in the mornings and 10pm. Obviously Tribune wasn't interested in wrestling away WBNX from Angley, and given recent events, maybe Sinclair would have the power to do so.
     
  12. jtb_ky

    jtb_ky Primary Anchor

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    One could hope that Morris won't be around here much longer.
     
  13. televisionguy16

    televisionguy16 AM Anchor

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    How does Meredith buying them sound?
     
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  14. jtb_ky

    jtb_ky Primary Anchor

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    Anything has to be a step up... but don't know enough about Meredith.
     
  15. okcnewsman

    okcnewsman Managing Editor

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    I believe the conventional wisdom would be that Meredith picks most of the conflicts up while TEGNA may pick up a few stations only IF they don't do away with having one owner owning 2 of the top 4 stations in the same market
     
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  16. TennTV1983

    TennTV1983 Primary Anchor

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    Meredith is a decent company as they invest in their stations well, but not always.
     
  17. jtb_ky

    jtb_ky Primary Anchor

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    Going to take some $$$$ for some of the Morris stations. Sorry this got off topic.
     
  18. GoldenShine9

    GoldenShine9 News Director

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    Back on the topic...I am starting to think there is a better chance than any deal in recent memory that it could be outright denied, not just require strong conditions.

    The Charlottesville attack and Sinclair's alt-right ties will likely be a big sticking point to many in the departments responsible, so it may get denied as a result (in addition to the fact it blows right past caps, but they may go further and deny it immediately rather than force divestitures). Although if this blows up in SBG's face, they will likely fight tooth and nail...
     
  19. CircleSeven

    CircleSeven Midnight Presenter

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    A new lenghty piece this morning from the New York Times about Sinclair.
     
  20. Myron Falwell

    Myron Falwell Director of Graphic Blandishment and Chroma Cues

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    I'll believe it when I see it. Crooked Altji I. M. Paid Off will fight tooth and nail alongside the Smith Klan to see that they get what they want...

    ...this being the latest example of why Paid Off is a wealthy scumbag of the lowest order.

    Like this NYT article will change anything. Paid Off views it as a badge of honor.
     
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