hearst television
hearst television owns and operates local television and radio stations serving 26 media markets across 39 states reaching over 21 million u. s. television households .
kmbc - tv - channel 9 / hearst television inc. | broadcasting stations - - television & radio - greater kansas city chamber of commerce
hearst - argyle television, inc. (exact name of registrant as specified in charter )
dish television customers in the sacramento area lost access to kcra and other hearst television stations thursday night after the firms failed to reach a contract agreement .
the announcement, effective april 10, was made today by jordan wertlieb, hearst television president, and roger keating, hearst television chief strategy and business development officer, to whom fitzgerald will report .
about hearst television hearst television owns and operates local television and radio stations serving 26 media markets across 39 states reaching over 21 million u. s. television households. through its partnership with nearly all of the major networks, hearst television distributes national content over nearly 70 video channels including programming from abc, nbc, cbs, cw, my net, metv, this tv, estrella and more. hearst television is recognized as one of the industry' s premier companies, and has been honored with numerous awards for distinguished journalism, industry innovation, and community service. hearst television is a wholly owned subsidiary of hearst. the company' s web address is urltoken .
redwood city, calif. — haystck tv, a personalized video news platform, has announced a new partnership with hearst television to distribute hearst - owned stations via the haystack tv platform. hearst joins gray television and meredith corporation as partners with haystack tv .
hearst was ready to disclose terms of its deal. “this acquisition fits perfectly with hearst television’s portfolio of southeast television stations, ” said hearst television president jordan wertlieb. “we continue to evaluate strategic opportunities to strengthen our station group by adding stations that serve their communities with news and local programming in growth markets. ”
memorable entertainment television, or metv, launched in 2005, brings viewers the best in classic television ...
dish network and hearst television llc reached an agreement wednesday evening on retransmission consent, bringing an end to a stalemate that had kept wxii nbc - 12 and other hearst - owned television stations off dish for almost two months .
hearst television owns and operates local television and radio stations serving 26 media markets across 39 states reaching over 21 million u. s. television households. through its partnership with nearly all of the major networks, hearst television distributes national content over nearly 70 video channels including programming from abc, nbc, cbs, cw, my net, metv, this tv, estrella and more. hearst television is recognized as one of the industry’s premier companies, and has been honored with numerous awards for distinguished journalism, industry innovation, and community service. hearst television is a wholly owned subsidiary of hearst. the company’s web address is www. hearsttelevision. com .
“we are very excited to have someone of andrew’s accomplished digital media background to lead the expansion of hearst television’s digital content, ” wertlieb said. “andrew is a digital native executive and he will be an exceptional addition to hearst television’s extraordinary team. ”
we are hearst television, a national multimedia company. we own and operate 30 local television stations and two local radio stations, serving 26 television markets across 39 states, reaching approximately 21 million us television households. our mission is to be no. 1 in broadcasting, achieving that status with integrity, respect and community spirit .
hearst television owns and operates local television and radio stations serving 26 media markets across 39 states, distributing national content including programming from abc, nbc, cbs, cw, my net and more .
the cw plus is a national feed of the cw television network primarily carried on digital subchannels and non - broadcast cable television outlets ...
hearst television participates in various affiliate marketing programs, which means we may get paid commissions on purchases made through our links to retailer sites .
, vp, digital media at hearst television, describes deployment of verizon’s hls (http live streaming) adaptive bit rate - based platform as being “relatively simple” and attributes the painless rollout to an overall consistency in the “upstream stack” of technology used in hearst television newsrooms and traffic departments .
hearst television takes a personal interest in the long - term physical and financial health of its employees. that’s why we offer a range of employee benefits to make sure the ‘hearst family’ stays healthy and strong .
in january, directtv subscribers lost access to hearst stations during a similar dispute between hearst television and directtv’s parent at & t. an agreement that restored service to directtv customers was reached after nearly a week of negotiations .
hearst television crews are in place in south korea to provide its nbcu local affiliates with live cut - ins and recorded segments during their morning newscasts .
hearst television employees can participate in a 401 (k) savings plan upon being hired. employees can make both pre - tax and post - tax contributions, which are partially matched by hearst television, into a pre - assembled retirement fund. employees are automatically enrolled into this plan, and hearst television also provides a contribution regardless of employee participation. additional benefits include basic and supplemental life insurance, short - term disability and long - term disability .
television is a high profile medium, and most people will recognize the hearst name. but, within hearst, hearst television has a distinctive culture of our own and a track record to be proud of in our own right. our success is built on how we support our people, support our communities and always place integrity at the center of every action we take .
rick mcfarland, vice president / chief data scientist, explained what business hearst is in: “hearst is actually a massive data creation company. ”
u. k. - based media asset management and technology provider ipv has announced that it recently integrated its curator content factory mam system at hearst television .
hearst television inc. blacked out dish customers’ access to its local channels in 26 markets across 30 states thursday night, according to a dish network news release .
hearst television inc. is recognized as one of the industry’s premier companies and has been honored with numerous awards for distinguished journalism, industry innovation and community service .
“helping to connect the great work of hearst television’s journalists to nationwide audiences across digital platforms will be an incredible opportunity to provide crucial perspectives to our national conversation, ” fitzgerald said. “the most exciting work in journalism is happening in local news, and no one is better positioned to innovate in this space than hearst television. ”
hearst television’s 30 stations and majority of digital sub - channels will continue to get its numbers from nielsen, as the two companies have announced a new multiyear deal .
hearst and verizon have recently announced several other joint initiatives, including the formation of verizon hearst media partners, the formation of a company to acquire complex media and verizon’s execution of an agreement to join hearst as an investor in awesomenesstv .
litton, based in charleston, s. c. , has been headed for more than 20 years by president - ceo dave morgan, a well - known executive in the syndication and tv station world who worked at hearst early in his career. hearst ceo steve swartz announced the deal on friday with hearst television president jordan wertlieb .
because hearst television is an established, stable organization with real history and heritage, we have values, a vision and a leadership style that are firmly embedded in our operations .
new york, march 24, 2017 – andrew fitzgerald is joining hearst television as chief digital content officer. in the newly created position, he will work with the digital teams at the hearst television stations to produce and distribute content on multiple digital platforms. fitzgerald previously served for more than five years at twitter, most recently as the company’s director, curation .
roku lands $ 60 mil funding from fidelity, news corp. , hearst and bskyb
live newscasts can be streamed from the cloud to viewers near real time, and digital editors at hearst television stations can begin accessing individual stories in the newscasts from the cloud within minutes .
in a statement, jordan wertlieb, the president of hearst television, said
we are thankful to dish subscribers and to our supportive advertisers for their extraordinary patience during this prolonged process .
“litton provides us with the opportunity to expand our syndication and distribution opportunities by building on the very successful foundation that they have created, ” said emerson coleman, vp of programming for hearst television .
every career with hearst television is like a story waiting to unfold. how it develops, where it takes you, the milestones you reach along the way - it' s all up to you .
1928: the hearst corporation enters broadcasting with acquisition of wsoe radio, milwaukee. the station later becomes the foundation of wisn - tv. 1931: hearst acquires wtae radio, pittsburgh ...
on august 29, 2004, the management services agreement (the management agreement) between hearst - argyle television, inc. (the registrant or we) and the hearst corporation (hearst) expired in accordance with its terms. under the management agreement, we provide certain management services (i. e. , sales, news programming, legal, financial, accounting, engineering and promotion services) with respect to wmor - tv (a hearst - owned television station in tampa, fl), wbal - am and wiyy - fm (hearst - owned am / fm radio stations in baltimore, md), and wpbf - tv (a hearst - owned television station in west palm beach, fl). we are in the process of negotiating the renewal of the management agreement with hearst. although there can be no assurance that we will be able to renew the management agreement on as favorable terms or at all, we believe we will renew the management agreement on mutually agreeable terms. we have orally agreed with hearst to continue operating under the terms of the expired management agreement pending negotiation of its renewal .
hearst television employees can choose between two health insurance plans, two dental plan options, and have access to additional benefits including a vsp vision plan, a healthcare flexible spending account, a health savings account and an employee assistance program .
verizon digital media services continues to power leading broadcasters within the media and entertainment industry. hearst television joins an elite roster of verizon digital media services customers, including cable networks, ott service providers, sports leagues and digital content providers .
“so, as far as getting more exposure [ for hearst television news content ], the verizon platform is using hls streaming that can be played through most any player sdk [ software development kit ] with hls support, ” he says .
dish network and hearst television have reached a deal on a new multiyear carriage agreement, ending an impasse that has left satellite customers in 26 markets unable to watch the broadcaster’s stations since march 3. terms of the new contract were not disclosed .
the multi - year agreement allows dish to once again carry the hearst - owned stations on its satellite dish service .
in the deal with hearst, haystack tv users will now have access to local news and weather produced by hearst stations in 30 markets. this brings haystack tv’s total stable of local news and weather content to more than 70 markets .
hearst television is an equal opportunity employer with respect to females, minorities, veterans and individuals with disabilities. if you are an individual with a disability and need assistance in applying for a position, please contact us at htv. careers @ urltoken .
movies! network offers viewers a new way to watch movies 24 hours a day on broadcast television creating an exceptional viewer experience. .
the verizon digital media services platform offers flexible apis for integration with a diverse array of scheduling and advertising systems found in the 26 hearst stations. hearst staff also leverage the platform’s web - based clipping tool, which allows them to create shorter news clips and syndicate them across social media, hearst properties and third party destinations. the platform’s dynamic server side ad insertion capabilities allow for targeted insertion of digital advertising in the hearst apps, driving significant cpm growth and tangible incremental revenue for local stations .
hearst television is a national multimedia company with operations serving nearly three dozen u. s. cities, reaching one out of every five u. s. households. it delivers local and national news, weather, information, sports and entertainment programming via every available content - delivery platform. hearst television is recognized as one of the media industry’s premier companies, where quality journalism and service to community are our core values. the company and its employees have been honored with numerous awards for distinguished journalism, industry innovation and community service .
heroes & icons (h & i ;) launched in 2014, primarily airs classic television series from the 1950s through the 1990s ...
the station group has agreed to distribute news, weather, sports and entertainment content from five hearst - argyle stations on youtube .
the folks at hearst are bringing the company’s “commitment 2012” political coverage straight to viewers’ smartphones and tablets with the election 2012 app .
“we’ve known dave since the early days of his career with hearst and have admired the first - class brand of litton entertainment that he and his team have built over the years, ” wertlieb said. “providing quality, family - friendly programming to viewers is an important tenet of hearst television and adding litton’s assets and expertise to our company through this partnership will be a terrific complement to our business. ”
on august 31, 2004, the registrants television station option agreement (the option agreement) with hearst expired in accordance with its terms. under the option agreement, hearst has granted to us the option to acquire wmor - tv, and hearsts interests (which interests include an option to acquire the station) with respect to kcwe - tv, as well as a right of first refusal during the option period with respect to wpbf - tv (if that station is proposed by hearst to be sold to a third party). we are in the process of negotiating the renewal of the option agreement with hearst. although there can be no assurance that we will be able to renew the option agreement on as favorable terms or at all, we believe we will renew the option agreement on mutually agreeable terms. we have orally agreed with hearst to continue operating under the terms of the expired option agreement pending negotiation of its renewal .
hearst has taken a majority stake in litton entertainment, an independent tv distributor that specializes in children’s programming and family - friendly fare .
suzanne grethen, vp of promotion and marketing for hearst television, discussed the group’s four - year - old graphics hub in orlando, fla. , which delivers approximately 10, 000 graphics per week to 26 local hearst - owned stations. “templates are the basis of what we do, ” she said, “from lower - third graphics all the up to virtual environments, election results, school closings and more. ”
but once hearst television “templatized integration” of the platform into its news and ad scheduling systems during tests last fall at its west orlando, fla. , station, deploying the platform at all of the group’s news - producing station was “a rinse - and - repeat process, ” he adds .
dish said it had offered to extend contract negotiations and accused hearst of using the blackout to gain leverage in negotiating for higher transmission fees .
tv stations and station groups don’t have to disrupt their newsrooms and ad scheduling workflows to publish live local newscasts and on - demand news via their websites, social media and mobile apps if the rollout of verizon digital media services’ ott platform by hearst television’s 26 news - producing stations is any indication .
while the platform can target advertising to individual viewers based on demographic information they provide when registering to watch news online or via an app, hearst television currently is not taking customized ad playback to that level. however, the station group may personalize commercial playback “down the road, ” he says .
a notice on kcra’s website thursday night said dish and hearst televisions had reached an impasse in negotiating a renewal transmission consent agreement for dish to carry hearst broadcast stations. “as a result, kcra / kqca is now no longer being carried by dish network, ” the statement said .
in recent months, hearst television has successfully completed a number of distribution agreements with other pay - tv providers. we have consistently sought to negotiate a deal that reflects the current marketplace, as represented by those deals. in response, dish has simply engaged in doublespeak. on the one hand dish has publicly stated that they' re willing to accept other deals that hearst television has successfully concluded; yet, at the same time, dish continues to offer us terms, including rates, that are so obviously below the marketplace that they could not be viewed as a genuine proposal by any objective participant .
on august 31, 2004, the registrants radio facilities lease (the radio lease agreement) with hearst expired in accordance with its terms. under the radio lease agreement, hearst leases from us premises for wbal - am and wiyy - fm, hearsts baltimore, maryland, radio stations. we are in the process of negotiating the renewal of the radio lease agreement with hearst. although there can be no assurance that we will be able to renew the radio lease agreement on as favorable terms or at all, we believe we will renew the radio lease agreement on mutually agreeable terms. we have orally agreed with hearst to continue operating under the terms of the expired radio lease agreement pending negotiation of its renewal .
“we are excited to work with hearst television to enable millions of online viewers to have instantaneous access to the latest local newscasts and news clips in real - time, no matter where they are, ” said bob toohey, president of verizon digital media services. “with more and more viewers opting to consume content on mobile devices, we are pleased that local news consumers will be able to enjoy anytime, anywhere access to hearst news content. ”
hearst also stated that it had not “blacked out” the stations, noting that viewers could receive the stations free over the air with an antenna .
there’s definitely an identifiable ‘hearst way’ of doing things: supporting your colleagues, acting with integrity, and always thinking about the bigger picture when making decisions .
the deal is expected to close on feb. 1. hearst’s interest in litton signals hearst’s interest in stepping up its tv program distribution activity and selling in - house productions from its 30 tv stations in national syndication. litton brings to the company a well - established sales infrastructure with offices in new york and burbank .
hearst has 15 abc affiliates and 12 with nbc along with a handful of cbs and the cw outlets in markets including baltimore, boston, kansas city and pittsburgh .
since its 2009 launch, estrella tv has established itself as a top u. s. hispanic television network, now covering nearly 80 percent of the hispanic tv households in america ...
“we wanted a system that would allow us to throw any sort of video clip and get mobile - optimised delivery for all platforms: iphone, ipad, android and mobile internet, ” said michael rosellini, director digital product development of hearst television. “we wanted something that was self - service, and with yospace’s web portal we can manage the whole service ourselves .
dish has suggested that hearst television has been unwilling to negotiate. this is simply untrue. as we have said to dish all along, we remain ready and willing to conclude a deal promptly. in contrast, dish has said that they' re available day and night to reach an agreement, and yet they' ve refused to modify their completely off - market terms in any meaningful way. given the foregoing and dish' s extensive history of outages, we suspect they will employ any scheme that serves to delay meaningful discussions. while hearst television can' t force dish to negotiate, we can assure you that we remain committed to reaching a fair deal, and we will work each and every day to make that happen .
fitzgerald, who will be based at hearst television’s new york city headquarters, built and oversaw the global curation teams responsible for moments, the twitter feature developed to ease the way for users to find conversations and context around news, events and information beyond their home timelines. he also served as interim head of news partnerships, overseeing twitter’s relationships with some 30 news organizations .
htv hub digital managing editor salaries at hearst can range from $ 55, 478 - $ 61, 585. this estimate is based upon 2 hearst htv hub digital managing editor salary report (s) provided by employees or estimated based upon statistical methods. see all htv hub digital managing editor salaries to learn how this stacks up in the market .
“hearst understood the power of our solution early on, not just as a means of outsourcing the service but in delivering the quality of experience they want to maintain, ” sewell added .
we recently conducted focus groups with employees from more than 50% of our stations – with the objective of better understanding our culture, our shared ways of working and the features of hearst television that people prized the most. the findings were genuinely fascinating. people who work here love the way that they have a voice and opportunities to express themselves. while we may be part of the wider hearst corporation, we still have a family feel and a collaborative, supportive environment. there’s a sense of community, and an appreciation of the stability that comes with life in a big organization .
“digital publishers recognize that their content must be widely available on social platforms to have the broadest reach, ” keating said. “andrew understands how to work with these platforms, where more and more consumers are venturing for their news and information. andrew is an ideal addition to our team to help ensure the excellent journalism produced by hearst television connects with the widest audience possible on all platforms and screens. ”
at hearst television, supporting our communities is very important to us. we also extend that same high level of support to our employee community. we will reach out to individual stations in times of need. like when employees from all over the country traveled to new orleans to help our overwhelmed local station there cover hurricane katrina – and then help our new orleans employees start putting their own lives back together .
hearst has taken a majority stake in litton entertainment, an independent tv distributor that specializes in children’s programming and family - friendly fare. litton, based in charleston, s. c. , has been headed for more than 20 years by president - ceo dave morgan, a well - known executive in the syndication and tv station world who worked at hearst early in his [ … ]
los angeles, june 14, 2016 – verizon digital media services, part of aol, today announced that it now powers live and on - demand online news streams along with news clip syndication for all hearst television station applications. verizon’s end - to - end digital media platform has been seamlessly integrated into the broadcast playout systems of 26 local news stations, enabling an integrated workflow for reaching viewers on mobile phones, tablets and connected devices .
meanwhile, hearst corp. will acquire media general’s nbc affiliate in birmingham (dma 45), wvtm, and lin’s abc affiliate in savannah (dma 92), wjcl. the price of that deal was not disclosed .
“although there is a need for regulatory reform to increase the ownership cap, swaps like this one are advantageous to us in that we are trading a single station mynet affiliate in a large market, allowing us to acquire quality television stations in smaller dmas. ”
“hearst brought us in not to replace its existing news and ad workflows or duplicate them, but to plug directly into them with as little effort as possible, ” says darren lepke, director of marketing at verizon digital media services .
as a result of the dispute over retransmission consent — the agreement that allows a tv provider to carry a broadcast channel on its lineup - dish had removed wxii and other hearst - owned stations from its lineup as of march 3 .
at hearst television, we pride ourselves on our commitment to employee mobility - and on our network of award - winning stations. moving from one station to another is an opportunity that many of our employees are more than happy to pursue. whether you' re looking for your next career advancement opportunity, or you' re just looking for the perfect environment to work in, you' ve got a wealth of career paths to explore with a truly diverse range of stations, locations and roles .
‘hearst family’ has come to mean something very important to our employees. it means that they’re a part of something special here - we’re an organization that treats people well, values relationships with communities and looks after its employees and their careers .
“the verizon digital media services platform is flexible and agile enough to be easily integrated into our diverse technical setups, across the range of our local stations, ” said michael rosellini, vice president, digital operations, for hearst television. “the platform’s next - generation features allow us to bring our content from the newsroom to the online realm for viewers to access instantaneously with little strain on our current team structure. we look forward to continuing to strengthen our relationship with verizon, a valuable partner on multiple fronts. ”
news stories and other clips are uploaded to the yospace service, together with local and national advertising. the content is then presented via apps across hearst television’s key smartphone platforms, and via their corresponding mobile internet sites. once a request for content is received the yospace service detects the device, sets the video format and wrapper accordingly, splices in the tailored pre - roll commercial as defined by the broadcaster’s advertising system, and streams it out. all this preparation is handled virtually instantaneously so the consumer notices no latency in delivery .
“litton is built on the standards of excellence i experienced during my time at hearst, ” morgan said. “i’m coming home to a company that delivers content that positively impacts the community, mirroring the pro - social principles we’ve innovated at litton. ”
per usual, the companies had disagreed about price: how much dish should pay hearst to carry its stations. their original retransmission consent contract had expired at the end of february, and despite a two - day extension, the channels went dark .
we like to think that everyone in our organization feels like part of an extended family, because of the values, beliefs and shared sense of purpose that bring us together. we’re all passionate about being a trusted news source for our communities. this attitude empowers every employee to achieve more, to make a difference and to see the impact of their endeavors. for us, that’s what being a good employer means. it’s a real commitment that we have to supporting one another. if you need help learning about an aspect of our industry, or how to advance in your career, the ‘hearst family’ – your management team and colleagues – will be there for you. at its core, hearst television is a family company. we’re family friendly, and our culture incorporates a family atmosphere .
the technology is hosted in a yospace cloud software as a service application, making it fully scalable as the success of the mobile applications grows rapidly, and much more content is added every day. the system has been live in 25 hearst markets since january 2012 .
retransmission consent disputes are often resolved with no service interruption for viewers, but there have been some disruptions in recent years, including a dispute between dish and tribune broadcasting, the owners of wghp, last year, and a dispute earlier this year between hearst and directv .
a career at hearst television is full of opportunities. from your first day you' ll be provided with the necessary training, support and development opportunities to excel and progress. here you can be the bigger picture, and make a notable impact to the way things work. growth is at the heart of our ethos, and we believe in keeping with the times. evolving to meet new requirements and spotting opportunities to implement change. now is your time to join a team that values every member, always thrives to achieve more and works together to get the best results .
as hearst television continues to work toward a resolution of our impasse with dish network, i want to share with you our appreciation for your patience. we understand that you are frustrated that this impasse has taken so long to resolve—so are we. as a television viewer, nothing is more frustrating than missing your favorite station' s local news and weather or network programming. unfortunately, if you' re a dish subscriber, you' ve probably become accustomed to this phenomenon. over the past several years, dish has been the most egregious abuser of pay - tv disputes within the industry. while the length of these disputes has varied, in numerous instances dish has had outages that have lasted several months. unfortunately, to date dish' s lack of engagement and unwillingness to present a fair proposal suggest that dish intends to employ their age - old strategy of a long - term impasse .
with more than 200 templates currently in use, the hub’s integrated workflow has proved critical to the operation. “we consider it part of what it means to work at hearst, ” she said. “it allows us to keep our employees and move them from station to station. ”
the continuous stream of data from the server not only makes it possible to sidestep ad - blockers but also avoids spinning - wheel, buffering - type interruptions associated with client - side ad insertion. that directly translates into a viewing experience on a digital device that’s more akin to what viewers expect when watching television, lepke says .
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on august 28, 2004, the affiliation agreements (the affiliation agreements) with the abc television network (abc) for the following television stations (the stations) expired in accordance with their terms: kmbc (kansas city, mo), wisn (milwaukee, wi), wcvb (boston, ma), wtae (pittsburgh, pa) and wpbf (west palm beach, fl). we are in the process of negotiating the renewal of the affiliation agreements with abc. although there can be no assurance that we will be able to renew the affiliation agreements on as favorable terms or at all, we believe that we will renew the affiliation agreements on mutually agreeable terms and the stations will maintain their affiliations with abc during the negotiation process .
as a broadcaster, the work we do plays a vital role in connecting communities and bringing people together. we take the time to really understand the communities we operate in, because we feel a sense of connection to those places. it’s this sense of commitment that led to two hearst television stations winning the nab service to america award. in 2014, wcvb won this prestigious award for their coverage of the aftermath of the boston marathon bombings. in 2017, wmur won for their recurring series of segments which have the goal of finding permanent adoptive homes for the more than 700 children in new hampshire who live in out - of - home placement. we also strongly believe in supporting employees who engage in charity work and volunteer initiatives .
media general inc. and lin media today agreed to sell or swap television stations in five markets to comply with fcc ownership rules affecting the merger they announced on march 21. media general also announced today that in light of the loss of cbs affiliation of lin’s wish indianapolis, it was lowering the per - share price of the deal from $ 27. 82 to $ 25. 97 .
blackouts have become normal as stations and carriers stand their ground over fees. the american television alliance — a group supported by several pay tv providers, including dish, that wants to change federal rules governing retrans negotiations — says there have been 102 cases so far this year where broadcasters’ signals have gone dark. that puts 2017 “on pace to be the worst year for blackouts ever, ” it says .
magazines: car and driver | cosmopolitan | country living | dr. oz the good life | elle | elle decor | esquire | food network magazine | good housekeeping (us / uk) | harper' s bazaar (harper by harper' s bazaar) | hgtv magazine | house beautiful | marie claire | o, the oprah magazine | popular mechanics | redbook | road & track | seventeen | smartmoney | teen | town & country | veranda | woman' s day | cds global hearst magazines digital media (urltoken | ecrush | espin | urltoken) hearst magazines international (all about soap | company | digital spy | elle | esquire | inside soap | psychologies | red | quo | sugar | zest )
sinclair picks up media general’s nbc affiliate in providence - new bedford (dma 53), wjar, and lin’s fox and cw affiliates in green bay - appleton (dma 71), wluk and wcwf, respectively. in addition, sinclair will also acquire wtgs, the fox affiliate in savannah (dma 92), from lin - backed wtgs television. lin has been operating wtgs under a shared services agreeement .
media general and lin media, in an effort to expedite their merger, have announced divestments in five markets. hearst corp. will acquire media general & apos; s wvtm birmingham and lin & apos; s wjcl savannah (ga .) for an undisclosed price, and meredith will acquire lin & apos; s wala mobile (ala .) for $ 85 million .
after playing a reel from vice news tonight ’s first six weeks of programming, paynter discussed the show’s preference for sleek hand - animated segments and elements over more typical graphics such as banners. but those preferences have not always been easy to satisfy, as she noted the institutional challenges of designing an intuitive and open - ended workflow, introducing broadcast television to a mac - based 24p premiere house, and working without a control room .
media general, meanwhile, will acquire sinclair & apos; s kxrm and kxtu in colorado springs - pueblo, and sinclair & apos; s wtta in tampa - st. petersburg. sinclair will acquire lin & apos; s wjar providence along with wluk - wcwf in green bay - appleton. sinclair will also acquire certain assets of wtgs savannah, and the rights to acquire the principal assets of the station from wtgs television, llc .
regarding the stations trading hands, sinclair & apos; s moves free up 0. 7% of national ownership cap, it said. “although there is a need for regulatory reform to increase the ownership cap ,
said david smith, president and ceo of sinclair ,
swaps like this are advantageous to us in that we are trading a single mynet affiliate in a large market, allowing us to acquire quality television stations in smaller dmas. ”
nab, las vegas, booth su 8503: 25 hearst - owned stations in the usa are now delivering short - form content, including news stories, to all mobile devices using a cloud service from yospace, the global leader in distributing video content to multiple platforms. the yospace technology links into the broadcaster’s advertising response server to ensure pre - roll advertising is targeted to the user, strengthening the revenue - earning opportunities .
upon the closing of the transaction and these divestitures and acquisitions, including whtm, the combined media general and lin media will own and operate or service 71 stations across 48 markets, reaching 27. 6 million or 24% of u. s. television households. the companies continue to expect to realize combination run - rate synergies of $ 70 million in three years with approximately one - half of that amount realized by the end of the first year following the completion of the transaction .
“we’re pleased to announce this divestiture plan, which we believe should clear the way for our business combination with lin media to move forward in the regulatory approval process, ” said george l. mahoney, president - ceo of media general. “additionally, the purchase of the mynetworktv station in tampa provides us with the opportunity to increase share in media general’s second largest market. also, the addition of the fox and cw affiliates in colorado springs marks the first time we will have a television station in colorado .
“this transaction not only allows us to strengthen our portfolio geographically, but because it frees up 0. 7% of national ownership cap, it allows us the ability to acquire additional television stations that are core to our asset base, ” said david smith, president and ceo of sinclair. “the green bay stations complete our coverage of all the major cities in wisconsin, an important political swing state. the nbc affiliate in providence is the no. 1 station in the market and provides us another state capital presence, while the savannah station strengthens our existing presence in georgia and the southeast .
we & apos; re pleased to announce this divestiture plan, which we believe should clear the way for our business combination with lin media to move forward in the regulatory approval process ,
said george l. mahoney, president and ceo of media general .
additionally, the purchase of the mynetworktv station in tampa provides us with the opportunity to increase share in media general & apos; s second largest market. also, the addition of the fox and cw affiliates in colorado springs marks the first time we will have a television station in colorado. the stations being divested are strong performers .
vincent l. sadusky, president - ceo of lin media, said: “the divestiture plan is an important milestone that positions us well with regulatory authorities. we are pleased with the consideration we will receive for these terrific stations and plan to use the net proceeds to reduce debt. the addition of stations in tampa and colorado springs will further diversify and strengthen the combined company’s portfolio as well as provide opportunities to expand our digital business. i am more confident than ever that the combination of media general and lin media, two highly respected broadcasters with superior television and digital assets, creates maximum value for shareholders. ”
( b) advertiser and agency, jointly and severally, represent, warrant, and covenant that the advertising supplied to station, including any music contained therein, is rights - cleared for exhibition, distribution, performance, and / or retransmission by broadcast television, including on a mobile dtv (atsc m / h or successor standard) basis, and by any multichannel video programming distributor or any other video delivery system, including, but not limited to, streaming over the internet or distribution on a tv - everywhere - type and / or ott basis, whether on a linear, video - on - demand, start - over, or look - back basis .
worst case scenario for wjar. why get rid of the number 1 station in the market? since mg ownership, the station has gone down hill in terms of news product, too many unprofessional reporters plus hardly any coverage on weekends (wjar had to depend on nbc reports for the circus accident that happened in their own market – that speaks volume). sinclair will value operate the station as they do elsewhere, and the news product will have to reflect the smith family views and electioneering (swift boat anyone ?). not to mention in several markets, larger than providence, they dont’ even broadcast any news. my condolences for the heritage employees of wjar. what a drop off the cliff from nbc ownership. too bad meredith or hearst didn’t pick them up, or scripps or any other group with better reputation than sincrap. it boggles the mind the fcc allows them to continue to buy more stations .
litton’s program roster includes six hours of educational / informational children’s programs for cbs’ saturday morning lineup and a three - hour block for cw. it also produces series for nbc’s “the more you know” educational franchise .
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the two companies say the deals should satisfy regulatory requirements related to their pending merger. as part of the arrangements, media general is buying two stations in colorado springs and one in tampa from sinclair broadcast group .
regulatory authorities are requiring the divestiture of stations in the following markets: birmingham, ala. ; providence, r. i. - new bedford, mass. ; mobile, ala. - pensacola, fla. ; green bay - appleton, wis. ; and savannah, ga. the companies said they believe that no other market divestitures will be required .
in exchange, media general will acquire sinclair’s fox and cw affiliates in colorado springs - pueblo, colo. (dma 89) — kxrm and kxtu, respectively — and sinclair’s mynetworktv affiliate in tampa - st. petersburg - sarasota, fla. (dma 14), wtta .
as part of the transaction, sinclair will pay $ 31 million for an additional $ 3. 4 million of cash flow being swapped .
and meredith corp. will acquire lin’s fox affiliate in the mobile - pensacola wala for approximately $ 86 million, according to meredith .
“the stations being divested are strong performers. we are proud of the work that they have done, and we wish the employees at these stations all the best as they transition to new ownership, ” mahoney added .
sadusky will become the president - ceo of the combined company following the completion of the merger .
media general said it will structure the transactions, along with its previously announced purchase of whtm harrisburg, pa. , to maximize tax efficiencies .
the stations to be acquired, including whtm, have a combined broadcast cash flow of approximately $ 21 million, based on 2013 - 14 averages. the stations to be divested have a combined broadcast cash flow of approximately $ 37 million, based on 2013 - 14 averages. gross proceeds for all stations to be divested will be approximately $ 360 million .
the aggregate purchase price for the stations to be acquired, including whtm, will be approximately $ 177 million. net proceeds, after taxes and expenses, are expected to be in the range of $ 140 million to $ 160 million and will be used to reduce media general’s debt after the closing of the merger .
the divestitures and acquisitions are contingent upon regulatory and other customary approvals and upon the completion of the transaction, except for media general’s previously announced purchase of whtm, which is expected to close in the third quarter of 2014. media general and lin media continue to expect that the business combination will be completed in early 2015 .
sinclair ceo david smith said that the swaps with media general and lin benefit sinclair in multiple ways .
moelis & co. served as the exclusive financial advisor to media general in connection with the divestitures and acquisitions. lin media used the minority media and telecommunications council’s brokerage services .
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broadcasting’s biggest problem isn’t the free - market, consumer - friendly rockefeller - thune local choice proposal, which is a fort know windfall for local tv stations …………. . no, the real and growing problem is air marshal moonves at cbs: “cbs sending big message to affiliates” …………... by john sewarda / benzinga ………. cbs is sending a message to its affiliates: pay up or get out. cbs chief executive leslie moonves signaled that the company was seeking higher fees in a conference call with analysts last week. “we decide what we think is fair, ” said moonves………………. .
i agree, but likely it could pave the way for the possibly for david smith - barry faber - david amy’s sinclair broadcast group to fully come to providence for wlne to place wlne’s abc programming on wjar. 2 digital subchannel due to the possibly of philip lombardo getting tired of owning wlne and lincoln for klkn from philip lombardo’s citadel and even to des moines for kdmi to put kdmi mynet / this tv programming on the. 3 and kcwi to put kcwi cw programming on the. 2 on kdsm digital subchannels in addition to carry fox prgramming on kdsm main channel plus ntv (khgi - kwnb) in kearney and kfxl over the air signal in lincoln as a way to combine ntv and klkn altogether with klkn in lincoln airing klkn abc signal on. 1 with ntv on. 2 while khgi / kwnb in kearney airing ntv signal on. 1 with klkn on. 2 meaning klkn stays with abc and ntv switches to fox by folding the best of the syndicated programming and the fox affiliation from kfxl fox nebraska from harry pappas nameshake company pappas telecasting that has been currently under receivership by pappas bankruptcy liquidation trustee david stapleton. providence and lincoln are targets for sinclair to acquire tv stations due to philip lombardo possibly wanting to hand up and retire for good and harry pappas to finally not having to deal with a tv station in nebraska for sinclair to reunite ntv and kfxl plus combining klkn in nebraska with kcwi and kdmi in des moines, iowa with kptm and kxvo in omaha and kpth and kmeg in sioux city .
you really must be upset that media general / lin did all these swaps / sells – and none of them was what you suggested, roflmao. shows your insight !
actually, the only company that should be fearful is dispatch in indianapolis as they only have 2 stations and 1 nbc affiliate – in indy. you can bet the farm that media general will end up with that nbc affiliation to add to their others in the future .
careful here, you’ll get james wound up with another senseless run - on paragraph that starts off with dispatch and ends somewhere that is not even remotely associated with anything related to dispatch, nbc, indianapolis, or maybe even tv in general.
hearst television , inc. ( formerly hearst-argyle television ) is a broadcasting company in the united states , owned by the new york city-based hearst . from 1998 to mid-2009 , the company traded its common stock on the new york stock exchange under the symbol " htv . " hearst-argyle was formed in 1997 with the merger of hearst corporation 's broadcasting division and stations owned by argyle television holdings ii , which is partially related to the company of the same name who ( in 1994 ) sold its stations to new world communications , stations that eventually became fox-owned stations . hearst 's involvement in broadcasting dates to the 1920s . in terms of audience reach , hearst is the third-largest group owner of abc-affiliated stations after the e. w. scripps company and sinclair broadcast group , and the second-largest group owner of nbc affiliates . hearst-owned abc affiliates in national football league markets simulcast monday night football games from espn that involve these teams - espn is 20 % owned by hearst , the rest being owned by abc 's parent , the walt disney company . other hearst-owned stations also carry espn-aired nfl games , even though they are affiliated with other networks ( like wbal-tv , baltimore 's nbc affiliate ) . hearst also holds some joint ventures for syndicated programming with nbcuniversal television distribution . in june 2009 , the hearst corporation announced that it would purchase substantially all of the stock not held by hearst . hearst-argyle television then dropped " argyle " from its name and became a wholly owned subsidiary of the hearst corporation . 
hearst television, inc. (formerly hearst-argyle television) is a broadcasting company in the united states, owned by the new york city-based hearst. from 1998 to mid-2009, the company traded its common stock on the new york stock exchange under the symbol " htv. " hearst-argyle was formed in 1997 with the merger of hearst corporation's broadcasting division and stations owned by argyle television holdings ii, which is partially related to the company of the same name who (in 1994) sold its stations to new world communications, stations that eventually became fox-owned stations. hearst's involvement in broadcasting dates to the 1920s. in terms of audience reach, hearst is the third-largest group owner of abc-affiliated stations after the e. w. scripps company and sinclair broadcast group, and the second-largest group owner of nbc affiliates. hearst-owned abc affiliates in national football league markets simulcast monday night football games from espn that involve these teams - espn is 20% owned by hearst, the rest being owned by abc's parent, the walt disney company. other hearst-owned stations also carry espn-aired nfl games, even though they are affiliated with other networks (like wbal-tv, baltimore's nbc affiliate). hearst also holds some joint ventures for syndicated programming with nbcuniversal television distribution. in june 2009, the hearst corporation announced that it would purchase substantially all of the stock not held by hearst. hearst-argyle television then dropped " argyle " from its name and became a wholly owned subsidiary of the hearst corporation.
hearst television, inc. (formerly hearst-argyle television) is a broadcasting company in the united states, owned by the new york city-based hearst. from 1998 to mid-2009, the company traded its common stock on the new york stock exchange under the symbol " htv. " hearst-argyle was formed in 1997 with the merger of hearst corporation's broadcasting division and stations owned by argyle television holdings ii, which is partially related to the company of the same name who (in 1994) sold its stations to new world communications, stations that eventually became fox-owned stations. hearst's involvement in broadcasting dates to the 1920s. in terms of audience reach, hearst is the third-largest group owner of abc-affiliated stations after the e. w. scripps company and sinclair broadcast group, and the second-largest group owner of nbc affiliates. hearst-owned abc affiliates in national football league markets simulcast monday night football games from espn that involve these teams - espn is 20% owned by hearst, the rest being owned by abc's parent, the walt disney company. other hearst-owned stations also carry espn-aired nfl games, even though they are affiliated with other networks (like wbal-tv, baltimore's nbc affiliate). hearst also holds some joint ventures for syndicated programming with nbcuniversal television distribution. in june 2009, the hearst corporation announced that it would purchase substantially all of the stock not held by hearst. hearst-argyle television then dropped " argyle " from its name and became a wholly owned subsidiary of the hearst corporation.