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PostPosted: Mon May 08, 2017 8:34 am 
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Breaking News... WGN Radio and Television under new ownership. Sinclair pays $3.9 Billion.

http://www.reuters.com/article/brief-si ... USASA09NR0

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PostPosted: Mon May 08, 2017 8:35 am 
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Maybe we'll finally get Ring of Honor on tv here.

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PostPosted: Mon May 08, 2017 8:47 am 
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Terry's Peeps wrote:
Maybe we'll finally get Ring of Honor on tv here.

Stop being Delirious.


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PostPosted: Mon May 08, 2017 8:48 am 
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I'm thinking Sinclair overpaid. The only value WGN has right now is that it is already included in most cable distribution packages. Beyond that, they have nothing to offer.

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PostPosted: Mon May 08, 2017 9:00 am 
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Will be interesting to see how the sports are effected... Blackhawks, Northwestern Basketball & Football, etc.

Maybe they give another shot at a third sports talker?

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PostPosted: Mon May 08, 2017 9:07 am 
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Does Sinclair do a lot of radio? I thought they were mostly tv.

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PostPosted: Mon May 08, 2017 9:10 am 
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Chet Coppock's Fur Coat wrote:
Does Sinclair do a lot of radio? I thought they were mostly tv.

More television than radio it seems.

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PostPosted: Mon May 08, 2017 9:14 am 
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From Variety...


"Tribune Media’s assets include 42 TV stations, WGN America, WGN Radio and a 31% stake in Food Network."

Food Network? Who knew?

Great info here...

http://variety.com/2017/tv/news/sinclai ... 202416416/

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PostPosted: Mon May 08, 2017 9:18 am 
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Godfella wrote:
From Variety...


"Tribune Media’s assets include 42 TV stations, WGN America, WGN Radio and a 31% stake in Food Network."

Food Network? Who knew?

Great info here...

http://variety.com/2017/tv/news/sinclai ... 202416416/

OK, if 42 local broadcast stations and a large chunk of Food Network are included, then I can see the higher price. I'm curious what markets those stations are in.

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PostPosted: Mon May 08, 2017 9:23 am 
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Ogie Oglethorpe wrote:
Godfella wrote:
From Variety...


"Tribune Media’s assets include 42 TV stations, WGN America, WGN Radio and a 31% stake in Food Network."

Food Network? Who knew?

Great info here...

http://variety.com/2017/tv/news/sinclai ... 202416416/

OK, if 42 local broadcast stations and a large chunk of Food Network are included, then I can see the higher price. I'm curious what markets those stations are in.

I can only guess that the majority of them are various CW type networks from coast to coast?

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PostPosted: Mon May 08, 2017 10:08 am 
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:roll: Another great old Chicago institution falling to outsiders.

This is going to be a Marshall Field's/Macy's thing... :(

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PostPosted: Mon May 08, 2017 10:17 am 
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How much did Ferro walk away with on this deal?

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PostPosted: Mon May 08, 2017 10:22 am 
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Terry's Peeps wrote:
Maybe we'll finally get Ring of Honor on tv here.


That would be delightful.

I loved it back when it was on HDNet. Now I only catch it when I'm at my in-laws'...

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PostPosted: Mon May 08, 2017 10:25 am 
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Godfella wrote:
:roll: Another great old Chicago institution falling to outsiders.

This is going to be a Marshall Field's/Macy's thing... :(


And now Macy's is on it's last legs.

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PostPosted: Mon May 08, 2017 10:29 am 
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WaitingforRuffcorn wrote:
Godfella wrote:
:roll: Another great old Chicago institution falling to outsiders.

This is going to be a Marshall Field's/Macy's thing... :(


And now Macy's is on it's last legs.

http://fieldsfanschicago.org/#mainindexpage

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PostPosted: Mon May 08, 2017 10:32 am 
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Rumor has it sinclair doesnt believe WGN does enough news coverage in chicago... going to bump up the news broadcasts from the current 12.5 hours each weekday to 20 hours... maury to fill in the other 4


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PostPosted: Mon May 08, 2017 11:04 am 
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PostPosted: Mon May 08, 2017 11:19 am 
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Chet Coppock's Fur Coat wrote:
Does Sinclair do a lot of radio? I thought they were mostly tv.

Did a little research on this. Sinclair has only a few radio stations compared to the many television interests. In today's day & age, an independent station is stronger when it becomes part of a cluster of various stations - like 670, WBBM. etc.. My guess is they branch out and cluster WGN Radio or maybe they sell it off separately? Total guess and speculation on my part...

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PostPosted: Mon May 08, 2017 1:58 pm 
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Godfella wrote:
In today's day & age, an independent station is stronger when it becomes part of a cluster of various stations - like 670, WBBM. etc..

Uh huh, yeah, and the Telecommunications Act of 1996 increased competition.

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PostPosted: Tue May 09, 2017 11:42 am 
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My guy tells me that Sinclair has a reputation for whacking the big payday talent after taking over. The higher the contract the higher he/she goes up the hit list.

Big money talent is traditionally phased out... contracts not renewed, departments restructured, retirements/buyouts encouraged, shifts changed, etc. Not saying this is their plan here but they do have a reputation in the industry. This could get interesting...

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PostPosted: Tue May 09, 2017 12:33 pm 
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And oddly Sam Zell was out of his hole pushing his new book on the Squint & the Meat Puppet show on MSNBC this morning.

:lol:

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PostPosted: Thu May 11, 2017 8:01 am 
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Stantis hits a home run in today's Trib :lol: ...

Image

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