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dman748

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Everything posted by dman748

  1. Keep in mind too that when the set was built originally, they were doing SportsCenter literally from 9am Eastern until 2am Eastern, now it's totally different.
  2. I have a theory in mind that I'm going to take over to Speculatron 9000 regarding Cox (what's left of it) and Graham
  3. The fact that Graham Media has filled a petition to deny this merger says a lot about where this merger could be heading towards. I've never seen Graham this much outspoken for or against a merger of a competitor, ever.
  4. Honestly there was nothing XFL 2020 could've done because it wasn't really their fault they didn't last as long as they should have, it was just simply circumstances beyond their control.
  5. Is the way we consume television changing? Yeah absolutely but, the more I think of Myron's ideas the more I think that's asking for a lot of people to be placed out of work and at a time where local news matters the most we don't need anymore people losing their jobs due to cutbacks and such that comes from mergers than what it already is just because "oh local news is dying we need to shut down the whole news department!!!!" That's nonsense the way I look at it.
  6. That's weird because it worked just fine on my end. Usually Weeters is on there and I know Myron has been frequenting this particular thread I can simply private message them and let them know what's going on.
  7. And now we have our first look at the Comprehensive Exibit on the deal. Some of the notable highlights: We're seeing a good ole facility swap in Dallas No divestitures are being addressed The WFXT group is tentively called Teton (and it looks like it's somewhat connected to Cox I'm not sure about that one) Either way I probably got confused reading that whole exhibit.
  8. It also didn't help that Tegna thought it was worth close to $10 billion as a complete set either.
  9. If you're saying that P.E. firms buys broadcasters just to flip them in like 3 years max (which that's what it sounds like to me) then WFAA/KVUE/KHOU's time under Apollo should then be a brief one (whether they decide to cash out within the next year or Apollo is forced to sell off Cox because of the DOJ considering Tegna and Cox to be one company) The fact that the only bidders were a P.E. firm that tried not once, but twice to take over Tegna and Byron Allen that really goes to show how much consolidation has eaten up this industry and why I might strongly consider entering into the public sector after I finish my Bachelor's in a few years.
  10. LMAO.. In all seriousness the more I think about it the more I think the press release was probably misquoted or something to that effect, I think that new group is probably setting up a "shell" for WFXT (and actually likely WFAA/KVUE/KHOU too) or Kim is essentially taking Tegna and using the divestiture tool to break up the whole Tegna chain knowing full well that the DOJ would probably treat all 3 entities as one large company. It actually puzzles me why they would actually form a separate company within Standard to run WFXT that would also have the voting rights to the new Tegna yet, Apollo (Cox) won't have any voting rights at all. EDIT: Just read the New York Post article about this deal and it's a holding company that's buying both Tegna and WFXT separately and it would be ran separately. This deal needs to be reworked a bit when they file the application with the FCC, I already have wayyyy more questions than I do answers.
  11. Yeah I think regarding both of them I think we need to wait until the FCC filings get filed, the only thing I can think of it might be an error in the memo.
  12. Here's the press release regarding the WFXT acquisition and it notes that Standard is creating a whole new media company (separate from Tegna) centered around WFXT
  13. My thinking is that I've completely disagreed with Myron on the part of the Government rejecting this deal outright, we need to wait until we see the papers filed at the FCC before jumping into conclusions but what my opinion is that unless it's structured something to the effect of Standard/Apollo making divestitures to include a spin-off of Cox into it's own independent company (which would consist of primarily the original Cox stations, the former Texas Belo stations and I will include KENS in that one and the current Standard stations) As it is structured now I DO agree with Myron that it will ultimately not pass regulatory muster.
  14. Bloomberg is now reporting that Standard/Apollo are nearly a deal to buy Tegna for $24-a-share What's interesting is that what's included is that the shares will increase if the regulatory approval takes a long (and I mean a long) time to approve (which is a possibility). A deal could be announced as soon as later this morning.
  15. The fact that Sinclair is getting THAT desperate to get everybody in MLB, NBA and NHL involved with their DTC app should send alarm bells across the 3 leagues that their precious revenue from the local TV deals is getting to the point where it's in serious peril. I'm not even convinced that MLB would sign off on any deal because clearly Rob Manfred doesn't really like Sinclair and Major League Baseball wants to be the one who's in control of the DTC platform, not the individual teams.
  16. Which in past experiences with P/E firms being in the business they don't give raises so I really don't expect Standard to do that with the Tegna stations unless Kim decides to step in and give the employees pay raises (which I have my doubts he would do that)
  17. While I do agree that Apollo wouldn't be any better however, we still don't know whether or not Tegna's employees will be the "real victims" because other than Apollo not having voting rights there is still way too many unknowns with this deal. And we won't know that until the ink is finally dry.
  18. Bloomberg is reporting that TEGNA is in advanced talks to sell it's broadcast group to Standard/Apollo for $24 per share Details (which are limited considering the paywall): Apollo is backing this bid and will recieve perferred shares in Tegna's stock but will not get voting rights The deal coulld be announced the next few weeks
  19. That right there is a huge issue within the industry right now. The fact that even WSVN (as Myron already mentioned) is this slow about innovation says a lot right there in itself. I think the industry will be fine as long as revenues from sporting events as well as from political ads but it doesn't change the fact that the industry still has a lot of issues. While I'm hoping that CBS actually does something revolutionary for television, however, I am holding my breath on that.
  20. My question would then be this how does the industry evolve and move away from the stagnation they've been in? It just seams like that once streaming became mainstream, nobody on the linear side wanted to try to actually innovate anything anymore.
  21. Kelly Ogle is transitioning to a new role at News 9. His last newscast will be tomorrow night and then after that he'll be doing occaisional "Special Reports"
  22. I would say anything above 15 to 20% would be enough to trigger common ownership considering that WOAI (along with KGET in Bakersfield) were sold to High Plains.
  23. There's a lot of unknowns to this thing. In fact we don't even know what the ownership structure of this entity is going to be like. And even though the report did say that Apollo would keep the Cox stations separate I'm just not sure that the FCC would be convinced that they would even allow Apollo to keep the Cox stations in markets they would overlap in (Jacksonville is going to get the most attention out of the markets the two companies would overlap in). There's also another factor to it, the ownership structure (percentagewise) we don't even know how much Standard is going to own the combined company and how much Apollo would own in it as well. Still plenty of questions that with due time, will get answered.
  24. My guess it's probably ABC but I'm not 100% sure who filed the strikes against him
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