T.L. Hughes 742 Posted December 16, 2021 Share Posted December 16, 2021 Allen Media Broadcasting has reached an agreement to purchase Woods Communications’ Montgomery cluster of Fox affiliate WCOV, Cozi TV (and subchannel-only secondary MyNetworkTV) affiliate WIYC and True Crime Network affiliate WALE-LD, from Woods Communications in an all-cash deal worth $28.5 million. The acquisition is expected to close in the first half of 2022. Link to comment Share on other sites More sharing options...
CircleSeven 1944 Posted December 16, 2021 Share Posted December 16, 2021 Don't know what's he's going to do with these stations. Do WAKA still produce news for them? And if they do, how long would that last should Byron completes the sale? Link to comment Share on other sites More sharing options...
dman748 1250 Posted December 16, 2021 Share Posted December 16, 2021 16 minutes ago, CircleSeven said: Don't know what's he's going to do with these stations. Do WAKA still produce news for them? And if they do, how long would that last should Byron completes the sale? Yep, WAKA still does news for them, WNCF does have a CW subchannel so, I don't know what Byron will want to do with WCOV once they close the deal but I have to imagine he's going to want to build a full scale news department. Link to comment Share on other sites More sharing options...
tyrannical bastard 3410 Posted December 16, 2021 Share Posted December 16, 2021 It would be good to see Allen start up a news operation again for WCOV. They had one until 1986 when WAKA refocused on Montgomery after fighting for years to move from Selma and become the sole CBS affiliate for the area. Had FOX been as bullish when it started as it later became in it's insistence on running newscasts, the original WCOV department could have survived. It is the end of an era for the Woods family since the previous generation (Charles Woods) built and signed on WTVY in Dothan. Bahakel is still holding on though, it would be nice if WNCF ended up with Allen Media as well and WBMM remained with WAKA. But it will likely be status quo until Bahakel cashes out and if SagamoreHill spins it's stations. Link to comment Share on other sites More sharing options...
Sendir 192 Posted December 16, 2021 Share Posted December 16, 2021 I honestly do not understand his strategy. These stations have to be losing money. Link to comment Share on other sites More sharing options...
Breaking News 794 Posted December 17, 2021 Share Posted December 17, 2021 Wow! I was hoping Nexstar would snag this station. Allen on the move and is TEGNA his next stop? Link to comment Share on other sites More sharing options...
tyrannical bastard 3410 Posted December 17, 2021 Share Posted December 17, 2021 8 minutes ago, Breaking News said: Wow! I was hoping Nexstar would snag this station. Allen on the move and is TEGNA his next stop? If Allen does score the TEGNA stations, things could get interesting in Huntsville. If he's throwing lots of money into WAAY and giving them a new building, then WZDX could have to be divested yet again, since Nexstar dumped them in favor of Tribune's WHNT. I have to wonder if SagamoreHill could spin WNCF to another owner. Woods already has WIYC, a non-factor station they picked up with a failing station waiver, along with WALE-LD, a subchannel repository. WNCF picked up WBMM under similar circumstances (as a CW station), then spun it off to Bahakel when they entered into the SSA with WNCF. Ideally, if Allen starts up a news operation on WCOV, and gets control of WNCF, they can provide them with newscasts to create another operation to go head to head against WAKA and WSFA. Link to comment Share on other sites More sharing options...
channel2 869 Posted December 21, 2021 Share Posted December 21, 2021 On 12/16/2021 at 12:05 PM, Sendir said: I honestly do not understand his strategy. These stations have to be losing money. Losing money? Isn't WCOV run real lean? And of course there's the retrans money... Link to comment Share on other sites More sharing options...
Yankees4life 529 Posted December 23, 2021 Share Posted December 23, 2021 Interesting move there. I imagine Allen will be pouring money on a new newscast. The one they have currently is...lacking Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.