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CircleSeven

Nexstar to acquire Tribune

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Posted (edited)
1 hour ago, oknewsguy said:

That was what I first thought that maybe the DOJ would've had an issue with Indy with the FCC not having an issue with the status quo remaining in place.

 

Turns out it's the other way around

 

It would be easy to split off CBS by simply making them take over the WISH facilities, whether they have to keep the same frequency or not. Nothing stopping them from staying on Channel 4 and moving to the WISH building.

 

Maybe they have to look for a new buyer and that is what is going on.

Edited by DirtyHarry

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I just had another theory about this apparent hold up with the FCC, I'm wondering as to whether the feds are waiting for Nexstar to resolve their dispute with AT&T so that no more stations will be blacked out.

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9 hours ago, JCB4TV said:

I just had another theory about this apparent hold up with the FCC, I'm wondering as to whether the feds are waiting for Nexstar to resolve their dispute with AT&T so that no more stations will be blacked out.

If that's the case then you might as well say the Apollo deal to acquire Cox and Northwest won't get done anytime soon because the Northwest stations are STILL off of AT&T and there are no signs or indications whatsoever that the Northwest stations will be back on AT&T anytime soon

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Wouldn't a sale mediate any conflict. I remember Media General having a conflict with Dish which coincidentally ended the day before their merger with Young closed.

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10 hours ago, JCB4TV said:

I just had another theory about this apparent hold up with the FCC, I'm wondering as to whether the feds are waiting for Nexstar to resolve their dispute with AT&T so that no more stations will be blacked out.

 

I don't think they care about private contractual negotiations. If the FCC is making them split off either CBS or Fox, it's going to take time to renegotiate a sale or find a new buyer.  Since the selling price is based on a stations profit, that's also not going to be the easiest thing to figure out when you split up a duopoly I would think. There is going to be a lot of back and forth on what the numbers are going to shake out if the station is going to be a standalone.

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2 hours ago, oknewsguy said:

If that's the case then you might as well say the Apollo deal to acquire Cox and Northwest won't get done anytime soon because the Northwest stations are STILL off of AT&T and there are no signs or indications whatsoever that the Northwest stations will be back on AT&T anytime soon

Remember, It's just a theory and not fact. As for NWB, those stations won't be back on AT&T until they join Apollo, who'll probably discuss a new contract along with the Cox stations.

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I don't see any hold up I think the merger will be approved after Labor Day sometime in Sep as I thought that was going take until Sep for the deal to be final just my opinion.

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Here's an undiscussed wrinkle in the Tribune/Nexstar merger....WJKT in Jackson, TN.

 

For it's entire existence, it's been tied to WLMT (and later WPTY/WATN), but with these stations being sold to Tegna, it appears Nexstar is keeping WJKT, which means WREG will likely assume the responsibility of running them.

 

The question is, will WREG produce or repurpose a 9pm newscast for them?  They've always simulcasted the WLMT show.

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