In what is believed to be one of the biggest deals in at least a decade, McLean, Va.-based Gannett, Inc. announced Thursday morning their intent to buy Dallas-based Belo, Inc. for $2.2 billion, plus the assumption of debt. The deal should close at the end of the year, pending regulatory approval. The sale increased Gannett’s station count to 43; outside […]
As per the course for this time of year – and right before the NATPE gathering in Miami – syndicators are announcing renewals left and right. Here’s the latest: – CBS Television Distribution decided to reward Dr. Phil’s recent ratings increase by renewing the show through the 2016-17 season, with thirteen of CBS owned-and-operated stations on board, including CBS 2 […]
(Courtesy: Chicago Tribune) Bears-Packers, Dancing destroy competition in Chicago – and everywhere else It was a huge face-off on Monday night. Wait, you thought I was just talking the Bears and the Packers? Ratings in Chicago for the game were phenomenal – the Bears beat the Packers 20-17. But Dancing with the Stars was just as phenomenal (in its own […]
KRON-TV San Francisco to dump Dr. Phil? It looks like these days viewers prefer the corruption, depression, politics, and crime to escapist fare. It what could be yet another blow to the syndication business, a story by Bloomberg News suggests local stations are dumping entertainment fare to air more local news especially in major markets. This comes as the fight […]
Syndication switcheroo; Universal Sports add more clearances; Young files Chapter 11. – With another ratings period ahead, two Chicago stations have made some major changes to their syndicated lineups: * Beginning today, WCIU-TV is swapping time periods with Warner Bros.’ The People’s Court and Sony’s now-canceled Judge Karen. With Karen now out of production, WCIU has moved the show to […]
Young Broadcasting’s KWQC-TV in Davenport, IA-Rock Island, IL has laid off twelve employees and the NBC affiliate has also canceled its Saturday morning newscasts. This move comes as Young is struggling, with its underperforming San Francisco station up for sale and its ABC affiliate in Nashville (WKRN-TV) also getting hit hard with job cuts.
The Bay Area’s former dominant NBC affiliate-turned-My Network TV also-ran is up for sale by Young Broadcasting. Calling Rupert Murdoch….