If IHM files chapter 11 they may have to sell off some properties. I doubt they would have to sell off any signals in Cincinnati. There’s some attempt to to do a prepackaged bankruptcy where another company could come in like Liberty Media and begin buying their debt. They have made an offer to buy 40% of the company once they emerge from bankruptcy.
To answer your question, Beasley would be my choice as a buyer of the Cincinnati cluster. They would be the perfect broadcast company to run the IHM stations in Cincinnati. Cox is rumored to be putting Dayton and Atlanta up for sale so they may not want to enter the Cincinnati market.
Cox is rumored to be putting Dayton and Atlanta up for sale so they may not want to enter the Cincinnati market.
Cox is rumored to be dumping medium size markets except Dayton (its original home) and Atlanta (its home now) they want markets where they have radio and tv outlets possibly newspaper like they do in Dayton. Tom Taylor had a write up about this on Monday.