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Nexstar to acquire Tribune


CircleSeven

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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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23 hours ago, Yankees4life said:

Any chance the FCC gives this a thumbs up this time?

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.

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On 12/11/2018 at 8:58 PM, oknewsguy said:

And what has Sinclair done since the merger collapsed? More of this stupid garbage they did during the entire Tribune merger process. Sinclair has already damaged their reputation as a business by not being honest with the FCC, they're doing further damage to their reputation by not admitting to the misrepresentation and quite frankly this is the reason why the ALJ is still sitting on the case (and more than likely the next Administrative Law Judge will probably just sit on the case and do nothing about it) and ultimately it's going to cost Sinclair their license to broadcast.

If it does cost Sinclair their broadcasting license, what will happen to all those near to 200 stations that are under Sinclair right now (like KOMO, WOAI, etc.)?

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36 minutes ago, GoldenShine9 said:

Now we wait for the paperwork. That's likely on hold due to the government shutdown though.

The FCC will be open through January 2 (they had enough money), but I doubt they'd want to file right away, particularly as it seems this could be a lengthy shutdown and it is a near certainty that appropriations will lapse.

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12 hours ago, bmasters1 said:

If it does cost Sinclair their broadcasting license, what will happen to all those near to 200 stations that are under Sinclair right now (like KOMO, WOAI, etc.)?

That's where a formation of at least one or two broadcast groups comes in (like Standard and Apollo) and then at least all of the major and minor broadcast groups as well (i.e Hearst, TEGNA, Scripps) Networks not named Fox could be involved as well but I highly doubt they'll be involved in that

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2 hours ago, oknewsguy said:

That's where a formation of at least one or two broadcast groups comes in (like Standard and Apollo) and then at least all of the major and minor broadcast groups as well (i.e Hearst, TEGNA, Scripps) Networks not named Fox could be involved as well but I highly doubt they'll be involved in that

We'll be discussing that for as long as the next decade if that happens which it wouldn't surprise me if it did. 

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On 12/11/2018 at 5:58 PM, oknewsguy said:

And what has Sinclair done since the merger collapsed? More of this stupid garbage they did during the entire Tribune merger process. Sinclair has already damaged their reputation as a business by not being honest with the FCC, they're doing further damage to their reputation by not admitting to the misrepresentation and quite frankly this is the reason why the ALJ is still sitting on the case (and more than likely the next Administrative Law Judge will probably just sit on the case and do nothing about it) and ultimately it's going to cost Sinclair their license to broadcast.

 

18 hours ago, bmasters1 said:

If it does cost Sinclair their broadcasting license, what will happen to all those near to 200 stations that are under Sinclair right now (like KOMO, WOAI, etc.)?

This isn't even worth talking about. It's not going to happen. Mainly because there is no such thing as a universal "license to broadcast" (The FCC would need to evaluate and rule on each of Sinclair's 193+ broadcast television licenses individually.)

Let's keep this thread focused on the Nexstar and Tribune acquisition, please.

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2 hours ago, ColtFromGulfcoast said:

We'll be discussing that for as long as the next decade if that happens which it wouldn't surprise me if it did. 

Exactly, after the whole mess, Sinclair did with Tribune. Don't be surprised if Sinclair ends up not getting anything from anybody (as it is Cordillera have already said no to Sinclair and who knows how many more have told Sinclair to pretty much "take the high road")

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On 12/28/2018 at 12:05 PM, Ramona said:

The FCC will be open through January 2 (they had enough money), but I doubt they'd want to file right away, particularly as it seems this could be a lengthy shutdown and it is a near certainty that appropriations will lapse.

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.

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On 12/28/2018 at 10:30 PM, oknewsguy said:

Exactly, after the whole mess, Sinclair did with Tribune. Don't be surprised if Sinclair ends up not getting anything from anybody (as it is Cordillera have already said no to Sinclair and who knows how many more have told Sinclair to pretty much "take the high road")

 

The FCC allowed Sinclair to be creative in past transactions so I don't see why anybody would blame them for trying to do the same thing with Tribune.  The fact that the FCC has changed their stance isn't Sinclair's fault.

 

Sinclair could easily have sold off some of their own stations to make the Tribune deal go through if they wanted them bad enough. Sinclair's stations must have been more valuable to them than the Tribune stations were.

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On 12/31/2018 at 3:04 PM, DirtyHarry said:

 

The FCC allowed Sinclair to be creative in past transactions so I don't see why anybody would blame them for trying to do the same thing with Tribune.  The fact that the FCC has changed their stance isn't Sinclair's fault.

 

Sinclair could easily have sold off some of their own stations to make the Tribune deal go through if they wanted them bad enough. Sinclair's stations must have been more valuable to them than the Tribune stations were.

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.

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4 minutes ago, Myron Falwell said:

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.

I thought Sinclair wasn't truthful about the WPIX and the KDAF/KIAH "sales" either?

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13 minutes ago, Myron Falwell said:

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.

 

Nothing will ever beat what Gray did in Laredo, where they bought an LPTV, moved it to the same channel as full-power station KVTV operating with the same facility, then had KVTV's license surrendered.

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1 hour ago, Myron Falwell said:

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.

 

1 hour ago, oknewsguy said:

I thought Sinclair wasn't truthful about the WPIX and the KDAF/KIAH "sales" either?

 

57 minutes ago, Ramona said:

 

Nothing will ever beat what Gray did in Laredo, where they bought an LPTV, moved it to the same channel as full-power station KVTV operating with the same facility, then had KVTV's license surrendered.

 

But do you guys seriously think the FCC doesn't know what's going on? Of course they did! Maybe the first time Sinclair did this (actually, Outlet claimed to be the first) it was novel, but that was almost 20 years ago! WGN, WPIX or whoever were going to Cunningham or one of those companies, weren't they? Like the FCC doesn't know about Cunningham? I think what happened was that the FCC decided (arbitrarily) that Sinclair was big enough. 

 

 

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16 minutes ago, DirtyHarry said:

 

 

 

But do you guys seriously think the FCC doesn't know what's going on? Of course they did! Maybe the first time Sinclair did this (actually, Outlet claimed to be the first) it was novel, but that was almost 20 years ago! WGN, WPIX or whoever were going to Cunningham or one of those companies, weren't they? Like the FCC doesn't know about Cunningham? I think what happened was that the FCC decided (arbitrarily) that Sinclair was big enough. 

 

 

Exactly. Sinclair followed the law to the T but not the spirit of the law if that makes sense.  Then when Sinclair didn’t follow the requests from the DOJ and FCC on what to divest it gave them leverage to deny. 

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Look at what Gray did in the Grand Junction/Montrose market a few years ago with the ABC station KJCT they moved the license assets to a sub channel of KKCO known as (KJCT-LP) through it's Excalibur Broadcasting shell after the sale to a minority owner gray took over KJCT-LP outright.   KJCT then became KGBY with minority owners "Chang Media Group". 

 

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It's a lot easier to be creative in a smaller deal involving only 1 or 2 markets. Those usually only involve the FCC. But in a blockbuster deal, there is much more scrutiny involved. Gray could have done that with the Raycom deal in some of their markets (the Lockwood and Marquee ones) but the scrutiny would have been too much. That clearly applies again here...this will get considerable scrutiny (as long as it doesn't take "years" for the government to reopen).

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1 hour ago, who?cares said:

According to FTV Live (taken with a grain of salt), Nexstar is ditching WISH in favor of WTTV (doesn't mention WXIN). 

They are also ditching WZDX in favor of WHNT.

Nexstar is reportedly ditching WATN/ABC Memphis and keeping Tribune’s WREG

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