April 5, 2021 at 2:40 pm #50214mwdxer1Participant
I read on another site that Meredith may be selling their stations. The info says that they want to concentrate on their book business. I wonder who will buy them?April 5, 2021 at 2:56 pm #50215washnotoreParticipant
My guess would be Terrier Media or Grey Television.April 5, 2021 at 4:36 pm #50218mwdxer1Participant
I was thinking of Grey Television…April 5, 2021 at 5:38 pm #50219Master of DisasterParticipant
The Master of Disaster likes sourced information, so the Master of Disaster found some: https://www.msn.com/en-us/money/companies/report-meredith-considering-selling-local-tv-stations/ar-BB1ffabn
Report: Meredith considering selling local TV stations
Media conglomerate Meredith is considering selling its 17 local television stations, realigning the company to focus on its magazine business, according to a report from Bloomberg Friday.
The company is working with an adviser to divest itself of the stations, according to Bloomberg, quoting anonymous sources, and a final decision on the sale has not been made.
“As a matter of company policy, we do not comment on rumors or speculation,” a Meredith spokesperson said when asked about the Bloomberg report.
Meredith also declined to comment to Bloomberg.
Meredith’s local television stations reach 11 percent of U.S. households, and most are located in “large, fast-growing markets,” according to Meredith’s corporate website. Seven of those stations serve the nation’s top 25 markets in cities like Atlanta, Phoenix, St. Louis and Portland, Ore.
Locally, those stations are KPTV “Fox 12 Oregon” and KPDX 49 “Fox 12 Plus”, that latter of which runs the two hour MyNetwork TV programming service from 12-2 AM.April 5, 2021 at 9:41 pm #50224nosignalallnoiseParticipant
I love terriers. Pits are awesome.April 5, 2021 at 9:50 pm #50226paulwalkerParticipant
Who will buy Meredith books?
School teachers, scientists, literary geeks, old folks who don’t have internet…
Oh wait…who will buy Meredith corp?
Nevermind.April 5, 2021 at 10:07 pm #50227semoochieParticipant
I never notice before: That sounds like “Meredith Brooks”!April 6, 2021 at 10:25 pm #50243e_dawgParticipant
Do you think Fox Television Stations will buy KPTV/KPDX Portland, KVVU Henderson/Las Vegas, WALA Mobile AL/Pensacola FL?April 6, 2021 at 11:50 pm #50244paulwalkerParticipant
You mean Fox owned and operated, I assume. The answer is likely no. It isn’t generally cost effective for a network to own and operate most of their affiliates. One of the main reasons Seattle’s KCPQ was swallowed up by the firm was their affiliation with the NFL’s nfc conference of which the Seahawks are a member.
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