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Myron Falwell

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Everything posted by Myron Falwell

  1. Nexstar is desperately trying to stay under the 39% ownership limit* with the Tribune deal. With the planned divestitures (complicated by the failed resale of several other stations to Fox, including WJW) they're barely at the limit. At the rate this is going, I wouldn't be surprised to see WBNX taken over by the creditors. From there, they could 1) sell the station to another entity, or 2) sell the license to one party and the IP to another. Either way, it's out of Ernest's control. *which is an absolute farce because of the so-called UHF Discount Actually, MyNet is on WOIO 19.2 between 1am and 3am in an obvious contract burning, sandwiched within the rest of the MeTV lineup. MyNet has no tangible value beyond being a white-label rerun block in prime-time. For all intents and purposes, WBNX is better off remaining an indie with spillover program inventory from whatever duopoly partner they wind up with, if they wind up with one.
  2. Which Fox stations? Cause most of the former LocalTV Fox affils have homebrew graphics. And then there's WGHP... Might as well trot out this old standard.
  3. Entertainment Tonight is one of those shows that is so durable that it can’t be “killed,” even if Meredith and People actually put an effort into it.
  4. Sunbeam has never invested much into syndicated programming. They just haven’t. Just enough to get by and keep people tuned in. For news-dominant WHDH and WSVN, they can get away with it, while it’s very noticeable at WLVI.
  5. Steamboat Willie enters the public domain in 2023. And the copyrights for the Silly Symphonies start to lapse in 2024. If you wanted to know why Disney is doing this, it’s because they’re going to lose full control of the Mouse very soon. Enter Marvel, Lucasfilm and 21CF.
  6. As long as WTOP Radio/digital is a literal ATM, Hubbard will never sell. They have a really good radio portfolio that Scripps wouldn’t bother with. Hearst is more than happy with the position they’ve got, plus they still own 20% of ESPN, 50% of A+E Networks, and a significant newspaper chain. M&As aren’t a priority for them. Congress still has to sign off on any changes in ownership rules. And with this FCC, it’s automatically DOA in the Democratic House through 2020. Perry is gambling with this option under the hope that certain people win in 2020 that he wants to win. But suffice it to say it’s not a sure bet.
  7. That’s kinda the point of private equity firms. Apollo was trying to grow Terrier so they could either sell the whole amalgamation off, or deal it in pieces. I would be shocked if they weren’t a part of the bidding for WPIX and the other divestitures, but luck wasn’t on their side. Tegna and Scripps had to have driven up the asking prices so much that even Fox bowed out as an additional suitor. The Cox family clearly know Terrier’s obvious fate, and that’s why they are a part of it. Because they can reap the rewards once the group is ultimately dealt away.
  8. It’s not just the cap space, Nexstar needs cash flow badly so they can afford Tribune. That’s why WPIX was dealt away. That’s also why Fox dropping out as a buyer actually does hurt Nexstar. Nexstar’s uneven relationship with the network aside, a replication of the seven station divestment deal Sinclair tried with Fox would have been around the $1B range and eased up on the cap space simultaneously. (Note that these deals with Scripps and Tegna whittle down approximately $1.3B of the proposed $4B price tag.)
  9. Giving up on KCPQ is very telling. They went so far as to enter negotiations with a border station no one knew about back several years ago just to put pressure on Tribune. Thing is, with this “new” Fox, they have no in-house production/distribution pipeline for conventional programming and will be reliant on sports play-by-play. That’s fine, but it is going to cost a lot, especially with sports. And you either have to recoup the cost by forcing the cable companies to pay through the nose, or forcing the affiliates to pay through the nose, leading the affiliates to force the cable companies to pay through the nose. Because of Nexstar’s past tiffs with Fox - where multiple disaffiliations took place in 2011 because of affiliation fees - that is the most shocking part of this. Fox apparently learned nothing from that experience.
  10. Fun fact: George Gillette owned the Vail ski resorts at the same time he bought the Storer Broadcasting chain from KKR. It wasn't uncommon for his TV stations to run spots for Vail at the same frequency that the Raycom stations promoted Robert Trent Jones.
  11. This is already very disturbing even by Ernest Angley standards. I’m actually reluctant to see the second part.
  12. It's very possible that out of the winning bid, the other two bidders can acquire those that need to be divested. For some reason, I could see Hearst emerging on top here, and selling WFXT back to Fox. Shades of 1986, when MetroMedia sold itself over to News Corp. but spun off WCVB to Hearst.
  13. Creative deals aren't unique to Sinclair. Look at what Gray has done in multiple markets by taking the IP of a full-power station onto a low-power just to maintain a duop. Gannett-Belo tried to pull a fast one with Sander Media, too. What got Sinclair in trouble was the fact they weren't truthful about the "sale" of WGN-TV. Creativity isn't a problem, but you can't lie about it.
  14. Mark Nolan already has a full plate hosting the morning show on WMJI Majic 105.7 (where he succeeded the legendary John Lanigan in 2014). His anchoring the 4pm and 6pm news on WOIO were almost like a side project. This had everything to do with clearing the decks before Gray took over on the 2nd.
  15. It surprises me that CBS's sitcom roster has wilted as much as it did in recent years. That and their overabundance of procedural dramas (dating back to CSI and their two spin-offs) watered down that genre. And then you've got the reboots/continuations of H5O, Magnum: PI and Murphy Brown. Colbert in his defense is a de facto reboot of the Colbert Report but without him playing a caricature of a conservative pundit. By design it's not going to get the same audience as Fallon or Kimmel.
  16. And that’s not even counting funding for the DOJ. Given that this shutdown is the result of simple vanity and incompetence by one political party, it could last a good while.
  17. Charlotte is a fast-growing market, and it's already an O&O market with Fox's duop, so WSOC isn't that far fetched. What will be an issue is WAXN and WSOC's Telemundo sub on 9.2. THAT doesn't add up.
  18. Fresno is a legacy CapCities market, and they elected to retain it when they bought ABC. Toledo and Flint only existed in their portfolio so as to provide insurance in the event that Scripps couldn't cut a deal with them for WXYZ and WEWS (and WMAR, WFTS, KNXV, etc.). Something CBS didn't think of doing, and it burned them badly in Detroit, and damn near burned them even worse in Milwaukee.
  19. Dayton is wayyyy too small-market and in the literal shadows of Cincinnati. And it's as big a city as Toledo and Flint, two markets ABC couldn't wait to get out of when they had the chance. If... IF... IF... ABC is a serious bidder for some Cox stations, it's only going to be for WSB-TV, WSOC and WFTV. That's it. No more. And honestly, if Cox really is so desperate to pull out of broadcast television (but remain in radio and newspapers, two mediums permanently crippled by consolidation), what do it really say about the industry? Are they that desperate that they will throw those three stations to a network traditionally uninterested in M&As at whatever price they offer?
  20. No broadcast chain has been as greedy and inept as Sinclair was in their attempt to get Tribune. Nexstar will say and do all the right things and it will close with a minimum of drama.
  21. It sounds simple on paper, but something like that is no sure thing. Remember that Fox tried to pull together a bid with Blackstone for Tribune last year and it wasn't enough.
  22. Did Allbritton even have the intentions to sell WJLA separately? If not, then it wouldn't have mattered, as there was no way Disney was going to buy ABC 33/40, KATV, KTUL, WSET, WCIV and WHTM in addition to WJLA.
  23. MyTV is a two-hour weeknight block of filler programming. That's all there is to it. You could throw it on in prime-time or late-night/overnights and no one would tell the difference... especially when said two-hour block is "white-label" with no branding whatsoever. Unless the CW Plus feed has no room for "opt-outs" of any sort, which I can't imagine them being that rigid...
  24. If Cox is selling their stations to different buyers, then why not? I remember hearing over the years that Disney really wanted WJLA, but Allbritton wanted a single buyer. And like hell Disney would have bought the group just for one station. One thing is for sure, Sinclair is taking themselves out of consideration due to their unbelievable tone-deaf attitude after killing their own bid for Tribune. As it is, I’ll believe this when I see it, but who knows?
  25. Nexstar could have easily undid the semi autonomous news department for WYTV and imposed the generic EWN brand on both 33 and 27. They haven’t which, for a struggling market like Youngstown, is a good thing. For all the (well deserved!) heat that Sinclair gets for finagling duops in markets that shouldn’t have duops, it was 27/33’s preceding owner New Vision (which LIN bought) that did most of the consolidation and downsizing in 2007 after buying WKBN from Bain and taking over WYTV through a JSA.
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