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Posts Tagged ‘Gannett Broadcasting’

Brad Ramsey Promoted to VP of Sales for Gannett Broadcasting

gannett_304Gannett Broadcasting has announced Brad Ramsey has been promoted to VP of Sales of the station group.

Currently Ramsey is the president and GM of Gannett owned WVEC in Norfolk, VA.

He starts his new job with the mother ship on September 8. He will report to Dan Lyons, Gannett Broadcast VP of sales strategy and development.

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FCC Approves Gannett’s Purchase of Belo

gannett belo logos_304x200Gannett Co. and Belo Corp. announced today the FCC has approved Gannett’s acquisition of Belo Corp.

The deal is expected to close early next week.

Earlier this week, the Department of Justice required Gannett sell St. Louis CBS affiliate KMOV in order to move forward with the $1.5 billion acquisition. With Gannett assuming $715 million in existing Belo debt, the deal comes out to being worth nearly $2.2 billion.

With the purchase, Gannett will own 43 stations, making it the nation’s fourth largest owner of major network affiliates, reaching nearly one-third of all US households.

Two Groups Ask FCC to Deny Gannett’s Purchase of Belo for Different Reasons

On Wednesday, the American Cable Association, Time Warner Cable and DirecTV asked the FCC to block part Gannett’s deal to buy Belo Corporation saying it will increase the likelihood of higher re-transmission fees, transmission blackouts and higher consumer costs.

The same day a group of six organizations petitioned the FCC to deny the deal because they contend it violates the FCC’s cross-ownership rule and its rule against duopolies and would lead to, “job losses and a considerable reduction in the quality of journalism for millions of television homes.”

Gannett has said it plans to transfer ownership of Belo’s stations in St. Louis (KMOV), Phoenix (KTVK-KASW) and Tucson (KMSB-KTTU) to former Belo executive Jack Sander and Ben Tucker, the former head of the Fisher station group. Gannett already owns KSDK in St. Louis and KPNX in Phoenix as well as a newspaper in the Tucson market and would use Sander and Tucker to avoid FCC regulations preventing such ownership. Read more

Gannett Promises to Keep Same Market Stations Separate in Belo Acquisition

Gannett Broadcasting president David Lougee gave TVSpy a look at what it plans to do with some of the Belo stations it will own as soon as the inks dries on its deal to buy the station group.

TVSpy asked Lougee what Gannett meant when it told employees in a memo, “As part of the deal, we are restructuring ownership of the Belo stations in 5 markets, Phoenix, St. Louis, Portland, Louisville and Tucson. We expect that the stations affected will be serviced by Gannett through shared service agreements or similar sharing arrangements.”

Focusing mainly on the plans for Belo’s St. Louis CBS affiliate KMOV and Phoenix independent station KTVK, since Gannett already owns stations in those markets (St. Louis NBC affiliate KSDK and Phoenix NBC affiliate KPNX) Lougee told TVSpy, “I’m never going in those buildings. They are going to completely compete against our television stations. There is no consolidation taking place in St. Louis and Phoenix.

He told TVSpy Jack Sander would head a third-party company that would be the owner, licensee and the operator of those two stations. Sander is a senior adviser to Belo Corp. Lougee worked at Belo before taking his current role at Gannett. Read more

Gannett Memo Tells Employees What to Expect with Belo Buy

TVSpy has obtained a 10 point FAQ Gannett sent out to its employees talking about the company’s announced purchase of Belo Corp.

The memo covers everything from why Gannett is buying Belo to expected changes at selected stations,

As part of the deal, we are restructuring ownership of the Belo stations in 5 markets, Phoenix, St. Louis, Portland, Louisville and Tucson. We expect that the stations affected will be serviced by Gannett through shared service agreements or similar sharing arrangements.

The stations mentioned above are Belo’s KTVK in Phoenix, KMOV in St. Louis, KGW in Portland, OR, WHAS in Louisville, KY, and KMSB-KTTU in Tucson, AZ. Gannett owns KPNX in Phoenix and KSDK in St. Louis, but doesn’t own stations in Portland, OR, Louisville, KY, or Tucson, AZ.

You can read the entire memo after the jump. Read more

Gannett Warns Viewers of Possible DirecTV Blackout

Gannett Broadcasting and DirecTV are continuing negotiations toward a new retransmission deal ahead of the November 30 deadline.

Gannett said in a statement that the company will continue to work with DirecTV “right up to the deadline.” The station began running crawls and PSAs on its 23 stations informing viewers of a possible blackout.

“Over the past weeks, we have been in intense negotiations with DirecTV to reach a fair, market-based deal,” the statement reads. “Gannett has never had service disruption with a major carrier. However, with the Nov. 30 deadline approaching, we have a responsibility to inform our viewers of the possibility of a signal disruption, which is why we have begun running crawls and PSAs on our stations.”

DirecTV also issued a statement, noting the company hopes “Gannett will not resort to any unnecessary blackout.” Read more