Samantha 2,644 Posted August 17, 2020 Share Posted August 17, 2020 Reported by Deadline this evening... Quote Link to post Share on other sites
dman748 1,092 Posted August 17, 2020 Share Posted August 17, 2020 I think the biggest deal out of all of this is that the D.C. News Bureau is included in the deal. It's going to be interesting to see what Allen does with the bureau. Otherwise this is a good pickup for Allen. Quote Link to post Share on other sites
jbnews 309 Posted August 18, 2020 Share Posted August 18, 2020 3 hours ago, oknewsguy said: I think the biggest deal out of all of this is that the D.C. News Bureau is included in the deal. It's going to be interesting to see what Allen does with the bureau. Otherwise this is a good pickup for Allen. Why would Lilly/SJL want to get rid of their D.C. bureau? They have other stations, too. I thought one of their big "missions" was local reporting like this. Quote Link to post Share on other sites
dman748 1,092 Posted August 18, 2020 Share Posted August 18, 2020 30 minutes ago, jbnews said: Why would Lilly/SJL want to get rid of their D.C. bureau? They have other stations, too. I thought one of their big "missions" was local reporting like this. When I read the article and saw that I was thinking "why would they do that?" I think the reason why may be that I think Lilly/SJL may be getting ready to cash out completely and getting rid of the D.C. Bureau is one of the signs that I see that Lilly/SJL as a whole may be going on the block pretty soon. Quote Link to post Share on other sites
ScottJ 90 Posted August 18, 2020 Share Posted August 18, 2020 9 hours ago, jbnews said: Why would Lilly/SJL want to get rid of their D.C. bureau? They have other stations, too. I thought one of their big "missions" was local reporting like this. I think that was a mistake and/or unclear writing by Deadline. This Pacific Business News article doesn't mention the D.C. bureau, and RBR's article about the sale mentions the station has access to a D.C. bureau: Quote For “Island News,” there’s access to a Washington, D.C.-based news bureau and correspondent. It is unclear if this will continue following the station’s sale. I don't think Allen is getting the D.C. bureau as part of the acquisition. 2 Quote Link to post Share on other sites
scrabbleship 393 Posted August 18, 2020 Share Posted August 18, 2020 9 minutes ago, ScottJ said: I think that was a mistake and/or unclear writing by Deadline. This Pacific Business News article doesn't mention the D.C. bureau, and RBR's article about the sale mentions the station has access to a D.C. bureau: I don't think Allen is getting the D.C. bureau as part of the acquisition. Might it be easier to sell the bureau with the condition that WENY and WICU/WSEE still have access to it? Quote Link to post Share on other sites
jbnews 309 Posted August 18, 2020 Share Posted August 18, 2020 1 hour ago, ScottJ said: I think that was a mistake and/or unclear writing by Deadline. This Pacific Business News article doesn't mention the D.C. bureau, and RBR's article about the sale mentions the station has access to a D.C. bureau: I don't think Allen is getting the D.C. bureau as part of the acquisition. Oooh. Thanks for clearing that up. Quote Link to post Share on other sites
Samantha 2,644 Posted October 9, 2020 Author Share Posted October 9, 2020 Sale approved by the FCC today. 4 Quote Link to post Share on other sites
MidwestTV 846 Posted October 20, 2020 Share Posted October 20, 2020 I thought KITV was owned by Hearst? Quote Link to post Share on other sites
ScottSchell 100 Posted October 20, 2020 Share Posted October 20, 2020 16 minutes ago, MidwestTV said: I thought KITV was owned by Hearst? No it used to be then SJL bought it from Hearst. Quote Link to post Share on other sites
CircleSeven 1,325 Posted January 21 Share Posted January 21 Byron Allen has completed the KITV acquisition. Quote Link to post Share on other sites
JCB4TV 269 Posted January 21 Share Posted January 21 7 minutes ago, CircleSeven said: Byron Allen has completed the KITV acquisition. I know that we talk in other threads about Allen acquiring more stations, Meredith and Quincy, yet with the completion of KITV, Hawai'i is now Allen's largest market at DMA 67, twelve ahead of Huntsville while all his other stations are sub 100. Here's the clip from KITV announcing the new ownership where the anchor has to mention that her new boss happens to own a home in Hawai'i. Aloha indeed. Quote Link to post Share on other sites
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