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Myron Falwell

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Everything posted by Myron Falwell

  1. Probably best summed up as "economy of scale." You're also seeing it in radio, albeit in a per cluster basis as opposed to overall station count... Cumulus bailing out of New York, LA and Washington DC, and Radio One bailing out of Detroit, two groups that had no clout with their meager clusters in those major markets. Regardless of how committed to broadcasting the Wolfe family was/is, Dispatch had the same problem that Midwest had and other small chains had. Ultimately they cannot compete on the large scale with superchains like Sinclair, Tegna, Scripps and Nexstar. A
  2. Moreover, the Ohio State IMG Sports radio network is co-owned by IMG and Tegna (THE Ohio State University sold off their stake to IMG and Dispatch/RadiOhio in 2009). It's a literal ATM with 50+ affiliates around the state. And has been noted, iHeart tried twice to compete with The Fan (with 1230 and later with 105.7) as well as long-gone Wilks (95.5, a Lancaster rimshot) and 97.1 simply steamrolled them. If iHeart pulled up four Brinks trucks at Tegna HQ, then sure, 97.1/1460 could be sold. But the value of the Ohio State radio rights and the 50% ownershi
  3. 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 Actual
  4. 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.
  5. 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.
  6. 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.
  7. 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.
  8. 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
  9. 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.
  10. 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.)
  11. 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
  12. 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.
  13. This is already very disturbing even by Ernest Angley standards. I’m actually reluctant to see the second part.
  14. 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.
  15. 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.
  16. 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.
  17. 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.
  18. 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.
  19. 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.
  20. 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...
  21. 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.
  22. If they are, Tribune needs a new lawyer. Armstrong is merely a puppet for David Smith. No one in that company is the least bit self-aware about what they did to themselves. Good for us, bad for them. I won’t be surprised to see them try to bid for some of the divestitures and Nexstar refuses to do business with them.
  23. I’d laugh if the CourtTV IP deal with Katz includes the exclusive rerun rights to Forensics Files, given that it was CourtTV that commissioned the show in the first place.
  24. Armstrong Williams should know better that to open his mouth and beg to buy more stations, given that Howard Stirk is operating under the same pretenses as their proposed car dealership licensee of WGN-TV, a proposition that undoubtedly caused the other Republican commissioners to reject their Tribune merger attempt and prompted Pai to actually display some toughness. It’s like he doesn’t think that anyone is going to look into Stirk’s operations and find out that he’s someone who is only, ONLY in the business because he’s very close friends with David Smith. Science is wrong. We have fou
  25. But at the same time, it also bears a very slight resemblance to the current logos for WKRN and WATN.

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