WJW will become a Sinclair station after all.

RadioInsight Community Forums Midwest Cleveland WJW will become a Sinclair station after all.

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This topic contains 59 replies, has 18 voices, and was last updated by  santa fe 1 week, 1 day ago.

Viewing 14 posts - 46 through 59 (of 59 total)
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  • #184648

    Nathan Obral
    Participant

    Tegna will ruin Fox 8.

    TEGNA doesn’t want Fox 8. Fox wants Fox 8, and they will assuredly get WJW back regardless of who wins the bidding for Tribune.

    Just with TEGNA, a re-sale to Fox is automatic.

    Recorded in Ultra Stereo, the ultimately superior cousin to Normal Stereo!

    #184672

    jtakach9818
    Participant

    I don’t care who buys Fox 8, truthfully, as long as whoever owns it next institutes a new “news” graphic set and – finally – broadcasts the station in matted widescreen for those of us with just the SD feed. Every other station in town does it – even now-independent WBNX – so what’s Fox 8’s holdup?

    #184678

    Yekimi
    Participant

    I don’t care who buys Fox 8, truthfully, as long as whoever owns it next institutes a new “news” graphic set and – finally – broadcasts the station in matted widescreen for those of us with just the SD feed. Every other station in town does it – even now-independent WBNX – so what’s Fox 8’s holdup?

    They’re not going to spend any $$$ until new owners come in. You don’t put a new transmission in a car just to drive it to the junkyard.
    #184680

    Nathan Obral
    Participant

    They’re not going to spend any $$$ until new owners come in. You don’t put a new transmission in a car just to drive it to the junkyard.

    That’s pretty much it. WJW is in a holding pattern on pretty much anything until they are (re)sold.

    At least they aren’t in WDAF’s position, that station was just forced by Tribune to have their chief meteorologist and two-man sports department take contract buyouts.

    Recorded in Ultra Stereo, the ultimately superior cousin to Normal Stereo!

    #184687

    Jordan S
    Participant

    They’re not going to spend any $$$ until new owners come in. You don’t put a new transmission in a car just to drive it to the junkyard.

    That’s pretty much it. WJW is in a holding pattern on pretty much anything until they are (re)sold. At least they aren’t in WDAF’s position, that station was just forced by Tribune to have their chief meteorologist and two-man sports department take contract buyouts.

    Newscenter8 is like WPVI and WJZ if ain’t broke don’t fix. WJW has had a long history of keeping sets, music and graphics for long period of time.
    #184690

    jtakach9818
    Participant

    The music’s been essentially the same for quite some time. That, I don’t mind. It’s going full-on widescreen with all of their graphics and not accommodating the audience that doesn’t have HD that’s always bothered me. The only time that I can almost see the entire intended screen, aside from streaming it on my phone, is when there are school closings and they squash the frame.

    #184691

    MediaFan85
    Participant
    #184693

    Nathan Obral
    Participant

    Okay, so now that THAT is over with, the subsequent resale of WJW to Fox** can finally proceed. And Perry Sook will need all the money he can get to pay for this deal… what a trainwreck lol.

    **It bears repeating over and over again that a resale to Fox is, and will be, the ultimate fate for Fox 8.

    Recorded in Ultra Stereo, the ultimately superior cousin to Normal Stereo!

    #184696

    clevelandtv
    Participant

    When all is set and done, it will be interesting to see if new owners will clean house and dumb the high salary anchors just like other stations have been doing.

    #184700

    Nathan Obral
    Participant

    When all is set and done, it will be interesting to see if new owners will clean house and dumb the high salary anchors just like other stations have been doing.

    Chances are that the seller will do the cuts, not necessarily the buyer. See the recent talent cuts at WOIO with their owner Raycom in the midst of being merged into Gray.

    Recorded in Ultra Stereo, the ultimately superior cousin to Normal Stereo!

    #184704

    clevelandtv
    Participant

    When all is set and done, it will be interesting to see if new owners will clean house and dumb the high salary anchors just like other stations have been doing.

    Chances are that the seller will do the cuts, not necessarily the buyer. See the recent talent cuts at WOIO with their owner Raycom in the midst of being merged into Gray.

    I meant dump, not dumb. LOL
    Article up on Cleveland.com.
    #184731

    ryanzwol
    Participant

    Thank goodness FOX 8 is going to become a Nexstar owned station and not Sinclair.

    #184737

    Nathan Obral
    Participant

    Thank goodness FOX 8 is going to become a Nexstar owned station and not Sinclair.

    Again, Nexstar may only be buying WJW just to sell it back to Fox.

    A telling stat that Mark Dawidziak noted in a recent PD article about the sale of Tribune to Nexstar: WJW has been sold more than any other television station in Cleveland, let alone Ohio. I did the maths:

    1. In 1985, private equity giant KKR took over Storer Communications, then bought up WTVJ from Wometco…
      1. and after a failed sale of Storer and WTVJ to Lorimar-Telepictures…
    2. KKR sold WTVJ to NBC, WTVG to local interests, and the rest of the Storer chain to George Gillett…
    3. …who defaulted on junk bonds and had to divest the chain as SCI Television…
    4. …which New World Pictures bought in a flurry of deals including Times-Mirror, Argyle Television and Taft Broadcasting, and quickly signed the industry-altering group-wide affiliation pact with FOX…
    5. …who then bought New World outright two years later, making WJW a FOX O&O…
    6. …until FOX spun off WJW and several other smaller-market O&Os (so News Corp. had the money to buy Dow Jones) to the Randy Michaels-controlled LocalTV, which had some shared management with Tribune Broadcasting, of which Randy was leading at the time…
    7. …and then Tribune bought LocalTV in a not so smart transaction, eventually resulting in them being taken over by private equity interests…
      1. …and after the failed sale to Sinclair Broadcasting…
        1. …which would have made them a FOX O&O anyway, had that deal closed…
    8. …and now Tribune is going to Nexstar…
      1. …with the strong likelihood Nexstar will sell WJW to FOX, again making WJW a FOX O&O.

    John Telich has worked at channel 8 since 1981 and has lived through everyone one of those transactions and attempted transactions. It’s insane.

    Recorded in Ultra Stereo, the ultimately superior cousin to Normal Stereo!

    #184739

    santa fe
    Participant

    Let us hope Fox reclaims WJW for there will be many changes, few for the better, under Nexstar. Just ask the folks in Youngstown where Nexstar owns WKBN, WYFX and runs WYTV.  Nexstar will have a large Ohio presence as they own WDTV and run WBDT in Dayton, WCMH in  Columbus and in nearby Erie, WJET and WFXP.  They are not folks known for spending money lavishly, if at all.  If Nexstar is the ultimate owner, I would suppose there will be significant consolidations and cost cutting.

    The Cleveland ADI just barely cracks the top 20 now, if I read the latest Nielsen market rankings correctly.  That means fewer national ad dollars and we already know the local ad dollars are harder to come by.  For example, why should car dealers buy TV time when they can sell their cars for free or for pennies on internet web sites and search services?  And with streaming rapidly coming up on half of all TV viewing, why bother with over the air stations and their fixed expenses, real estate and regulations at all?  It’s a brave new world that has such wonders in it.

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