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Fox and Sinclair finalizing purchase of six stations


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I'll repeat what I said before on the previous post, If you are WSVN... you are sweating bullets!

 

This isn't Boston where NBC didn't know what it was doing. FOX knows what the heck it is doing and have done it before with WCCB and WJZY in Charlotte. FOX has a full power in Miami with this deal and if you are a WSVN Fan this is the worst news possible and get ready for a Independent WSVN.

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I'll repeat what I said before on the previous post, If you are WSVN... you are sweating bullets!

 

This isn't Boston where NBC didn't know what it was doing. FOX knows what the heck it is doing and have done it before with WCCB and WJZY in Charlotte. FOX has a full power in Miami with this deal and if you are a WSVN Fan this is the worst news possible and get ready for a Independent WSVN.

 

I don’t necessarily believe that FOX wants to move the affiliation to WSFL, there are many instances where a network owns a station, but it doesn’t necessarily mean it wants to reclaim the affiliation... for example, CBS, through Viacom, owned the WB and later UPN station in our market for almost a decade, yet never tried to reclaim the affiliation from WBNS... same in Providence and Indy. FOX merely wants a presence there in case negotiations with Ed Ansin sour, and they can move the affiliation to WSFL.

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Fox & Sinclair also signed new network agreements for the remaining Sinclair Fox affiliates, and gave Sinclair the option to acquire WPWR & KTBC from Fox.

I understand the option to acquire WPWR from Fox, but unless Sinclair decides to sell KEYE, acquiring KTBC would be a problem.

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I understand the option to acquire WPWR from Fox, but unless Sinclair decides to sell KEYE, acquiring KTBC would be a problem.

 

They could always shell KEYE, or sell it back to CBS.

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Twentieth Television is being sold to Disney. Fox is out of the syndication business once the deal is done.

 

New Fox has floated the idea of launching a new in-house production company for FBC, and those shows would be syndicated somehow.

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I understand the option to acquire WPWR from Fox, but unless Sinclair decides to sell KEYE, acquiring KTBC would be a problem.

 

You're forgetting that new Pai media ownership rule of allowing a duopoly of two top-4 stations under a case-by-case basis. That's what Sinclair is doing in Indy (WXIN/WTTV) & St. Louis (KTVI/KDNL).

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You're forgetting that new Pai media ownership rule of allowing a duopoly of two top-4 stations under a case-by-case basis. That's what Sinclair is doing in Indy (WXIN/WTTV) & St. Louis (KTVI/KDNL).

How is KEYE doing in the ratings?

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for example, CBS, through Viacom, owned the WB and later UPN station in our market for almost a decade, yet never tried to reclaim the affiliation from WBNS

 

Except that a) they're acquiring a station in a Top 20 market and b) technically CBS or Viacom didn't own the station in question.

 

FOX isn't buying WSFL to run it as an independent.

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I had no idea Abernethy was still in charge of the O&O stations group - you’d think Rupert would have put someone else in charge while he ran FNC after Bill Shine + Roger Ailes were ousted.

 

I’ve never understood why Murdoch taps people from the news division to run the TV stations division. If anything, should Jack Abernethy be ousted, I could see Dianne Doctor, WWOR’s GM and director of affiliate relations for FNC being tapped to run the group.

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21st Century Fox has also entered into new network affiliation agreements with Sinclair (and licensees of certain stations to which Sinclair provides services), and will grant Sinclair options to acquire two of its stations, the CW-affiliate WPWR in Chicago, IL, where FTS currently has a duopoly

Well, at least WPWR hasn't got a news operation! Not much they can really do with it other than syndicate stuff like "Full Measure" and "Armstrong" on Sunday mornings.

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New Fox has floated the idea of launching a new in-house production company for FBC, and those shows would be syndicated somehow.

Regardless, all current Fox syndicated shows go to a new owner (Disney or Comcast...whomever the winner is in the sale).

 

Fox might be precluded from starting any new in-house production company for a period of time in the sale agreement. You can't set up shop overnight or develop programming to air instantly, anyway.

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There is also an option for Fox to trade KTBC and WPWR to Sinclair in exchange for the following stations:

 

WJW/Cleveland - previously owned by the network from 1996-2008.

KDVR/Denver - previously owned by the network from 1994-2008.

WSFL/Miami - new acquisition

KTXL/Sacramento - new acquisition

KSTU/Salt Lake City - previously owned by the network from 1996-2008

KSWB/San Diego - new acquisition

KCPQ/Seattle - the network has wanted this affiliate for decades

 

Statement from Jack Abernethy - president of FOX Television Stations, Inc. and FOX News:

 

"This transaction illustrates Fox's commitment to local broadcasting and we are pleased to add these stations to our existing portfolio,” said Jack Abernethy, CEO of Fox Television Stations. “With this acquisition, we will now compete in 19 of the top 20 markets and have a significantly larger presence in the west, which will enhance our already strong platform. This expansion will further enrich our valuable alignments with the NFL, including our new Thursday Night Football rights, MLB and college sports assets. We are also happy to add many talented Tribune employees to our group, some of whom we know well."

 

21st Century Fox has also entered into new network affiliation agreements with Sinclair (and licensees of certain stations to which Sinclair provides services), and will grant Sinclair options to acquire two of its stations, the CW-affiliate WPWR in Chicago, IL, where FTS currently has a duopoly, and FOX-affiliate KTBC in Austin, TX for potential proceeds of approximately $15 million and $160 million, respectively.

 

The sale is expected to last six weeks, according to an email from Tribune CEO Peter Kern to employees:

 

 

Just a few minutes ago Sinclair Broadcast Group announced its divestiture plans for the remaining stations they intend to sell as part of the regulatory approval process for our merger.

Seven Tribune Media stations are the heart of this announcement—KCPQ (Seattle), WSFL (Miami), KDVR (Denver), WJW (Cleveland), KTXL (Sacramento), KSWB (San Diego), and KSTU (Salt Lake City)—and they will all be sold to Fox Broadcasting Company. I have attached the press release issued by Sinclair a few moments ago.

 

Fox has long been an important partner for Tribune Media. We are the largest Fox-affiliated station group in the country, so there is already great familiarity between our companies and our people, and I expect our stations will enjoy tremendous success as part of the Fox family.

Importantly for all of us, this announcement should set the stage for the FCC’s regulatory review to move forward. We expect the commission will soon open-up the period for public comment on the transaction, which will likely last for roughly 6 weeks.

 

We’ll keep you updated as the transaction moves forward and we can share more information.

 

Best,

 

Peter

 

The sale is expected to cost nearly one billion dollars, according to CNBC.

 

WHOO-HOO! So glad that Q13--soon-to-be Fox 13--is becoming a Fox O&O and that WJW Fox 8, KSTU Fox 13 and KDVR Fox 31 are about to return to their Fox O&O roots.

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Congrats to KSWB, they always screamed to be an O&O. They can finally use their alternate logo (never used, but seen on their outside of their building) and ditch the tribune searchlights.

 

Alternate Logo

http://rivalcityheights.com/files/2016/04/Fox5SanDiegoBlog.jpg

 

Current

https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcTLPCIssZFnQSbOju4oA_01HT5x1X2Ma_3HKqRRQcqDRmcIVmTZ

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Congrats to KSWB, they always screamed to be an O&O. They can finally use their alternate logo (never used, but seen on their outside of their building) and ditch the tribune searchlights.

 

Alternate Logo

http://rivalcityheights.com/files/2016/04/Fox5SanDiegoBlog.jpg

 

Current

https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcTLPCIssZFnQSbOju4oA_01HT5x1X2Ma_3HKqRRQcqDRmcIVmTZ

 

 

Probably why there's no solid branding in new studio.

 

Also very glad we won't have Sincrap in San Diego. We have enough conservative networks in town already. (KUSI, OAN)

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Probably why there's no solid branding in new studio.

 

Also very glad we won't have Sincrap in San Diego. We have enough conservative networks in town already. (KUSI, OAN)

 

KUSI doesn’t really strike me as conservative for some reason. I’ve live-streamed their newscasts and have found little conservative content in them.

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KUSI doesn’t really strike me as conservative for some reason. I’ve live-streamed their newscasts and have found little conservative content in them.

 

The only thing conservative about KUSI is their set selection.

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Probably why there's no solid branding in new studio.

 

Also very glad we won't have Sincrap in San Diego. We have enough conservative networks in town already. (KUSI, OAN)

Even if KUSI is conservative, they’re at least very subtle about it.

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Their set is ancient. But so are their viewers..

 

I wonder if they contacted KIII for some spare parts of the set since they were the last station in the McKinnon Group before being sold off to Tegna lol

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Cool! I am so glad that there will be a third network-owned TV station in Seattle and that Salt Lake’s KSTU, and Denver’s KDVR would return to their Fox O&O roots

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It will be interesting to see what Fox does with WJW (again!)

 

Local TV and Tribune have merely acted as "caretakers" and very little has changed, aside from new newscasts, talent comings and goings (Dick Goddard retiring being the most significant) and the mutat---i mean bastardization of the first Fox O&O package.

 

And the set is the same one that Fox installed right before they sold off WJW. Are there any other Fox O&O's still on the original set from the "standardized" era?

 

There is a non-zero chance of Sinclair buying a major network if one ever comes up for sale...

 

Let's all hope that Fox puts MyNetworkTV up for sale...They were a major affiliate group, and their programming (or lack thereof) is the perfect place to bury all of the garbage coming out of Hunt Valley....

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