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Posts Tagged ‘LIN Media’

Dayton Station to Air Local Reality Show About Teens


WBDT, the LIN Media owned Dayton CW affiliate, has announced it’s airing a reality show about local teens called The Valley.

The locally produced show follows six local high school grads who are “preparing for the next big step in their lives and tackling important issues along the way, including drinking and driving, self-exploration, peer pressure, etc…”

The Valley isn’t your typical reality show. This is reality with a purpose,” said Joe Abouzeid, president and GM of WBDT. “The show is enlightening and entertaining for viewers of all ages. It really captures what teenagers are going through during this important right of passage and helps deepen our connection to the local community.” Read more

Mediabistro Course

Multimedia Journalism

Multimedia JournalismStarting September 25, learn how to create interactive packages with photos, audio, and video! Taught by a multiplatform journalist, Darragh Worland will teach you how to come up stories that would be best told in a multimedia format, and create original content for that package using photos, slideshows, and short video and audio pieces. Register now! 
 

LIN Fills GM Roles in Indianapolis and Savannah

linmedia_304x200LIN Media has named Les Vann president and GM of CBS affiliate WISH and MyTV affiliate WNDY in Indianapolis. The station group also named Steve Doerr acting GM of WJCL in Savannah.

Doerr replaces Vann, who was the president and GM of the Savannah, GA, LIN owned ABC affiliate.

“Les has done a terrific job in Savannah, rebuilding and launching a new brand, transforming its news department and strengthening the station’s commitment to localism,”Jay Howell, LIN Media’s VP of Television said in a statement. “He brings a unique skill set to WISH-­‐TV and WNDY-­‐TV that will be very important to these stations’ growth and development.”

CBS recently announced it is switching its CBS affiliation from LIN Media’s WISH to Tribune’s WTTV, starting January 2015.

Before working for LIN, Vann had been GM of WKRC in Cincinnati and had managed stations in Illinois, Iowa, North Carolina, South Carolina and New York. Doerr comes to LIN after working as VP and group manager, Northeast Region for Smith Media.

It’s Trading Day! Five Station Groups Buy and Sell Ten Stations

station groups cropped

Five station groups have undertaken a station swap similar to what happens at the trading deadline in professional sports. This time, though, the moves affect hundreds of people.

Media General and LIN Media, looking to comply with Federal regulations over ownership rules have initiated a TV station swap involving Sinclair Broadcast, Meredith and Hearst Corporation.

Here’s the breakdown:

Sinclair will buy from Media General: Providence NBC affiliate WJAR

Sinclair will buy from LIN Media: Green Bay FOX affiliate WLUK, Green Bay CW affiliate WCWF and certain assets of Savannah, GA, FOX affiliate WTGS and the rights to acquire the principal assets of WTGS, which is operated by LIN but owned by WTGS Television, LLC.

Media General will buy from Sinclair: Tampa, FL, MyTV affiliate WTTA, creating a duopoly since they already own NBC affiliate WFLA, and Colorado Springs stations KXRM (FOX) and KXTU (CW).

Media General will sell to Hearst: Birmingham, AL NBC affiliate WVTM.

LIN Media will sell to Hearst: Savannah, GA ABC affiliate WJCL.

Meredith will buy from LIN Media: Mobile-Pensacola FOX affiliate WALA. Read more

Q2 Earnings: LIN Media Net Revenues Rise 15%

lin media logoLIN Media reported $188.8 million in net revenues during the second quarter of 2014, a 15% increase compared to the year-ago quarter. The company’s net broadcast revenues were also up 8% compared to the second quarter of 2013.

Operating income was $32.7 million in the second quarter, an increase of 22% year-over-year. Net digital revenues, net political revenues and local revenues were also up, while net national revenues were down and net core advertising revenues were flat.

“Our strong results were driven by continued growth of our digital media business, higher pay-television subscriber fees and a 3% increase in automotive advertising. We are making progress on our pending merger with Media General, and I am excited about the numerous opportunities for the combined company,” LIN Media president and CEO Vincent L. Sadusky said in a statement.

Q1 Earnings: LIN Media Net Revenues Up 18%

lin media logoLIN Media reported $166.2 million in net revenues for the first quarter of 2014, an 18% increase compared to the year-ago quarter.

Local revenues, which include net local advertising revenues, retransmission consent fee revenues and station website revenues, were up 9% for the quarter. Net national revenues, net political revenues and operating income were also up.

“Our results were driven by an increase in television advertising, higher pay-television subscriber fees and significant growth in digital revenues, which now comprise 15% of our net revenues and has its own reportable segment,” LIN Media president and CEO Vincent L. Sadusky said in a statement. “Our diverse group of assets helped us maximize revenues from the winter Olympics and the Super Bowl and achieve the high end of our first quarter revenue guidance. I am excited about the expansion of our digital portfolio with the addition of Federated Media and the future scale and synergy opportunities from the pending merger with Media General.”

With Merger, Media General May Add Bargaining Power and Shed Jobs

LIN Media GWhen Media General announced its merger with LIN Media to create what it calls the “second largest pure-play broadcast business in the US,” the speculation machine started up in an attempt to figure out what the merger meant in the long term.

The new Media General will boast 74 network affiliated owned or operated stations.  The Wrap reports there’s bound to be some market overlap and inefficiencies, which as we all know can only lead to one thing: layoffs.

“They’re merging because they’re seeing some of their competitors in the pay TV arena that are getting a lot larger in terms of scale,” Dennis Wharton, Executive V.P. of Communications for the National Association of Broadcasters told TheWrap. “Broadcasters, I think, believe that they have to have scale to compete against providers who are not giving away their programming for free.”

This is particularly true after the recent announcement that Comcast and Time Warner Cable planned to merge.

However, Wharton played down the possibility of newsroom layoffs. “If there are, potentially there will be job losses in the back offices –  in the areas of finance, human resources and IT,” he said. Read more

FCC Expected to Vote on Shared Service Agreement Ban

FCC_304Federal Communications Chairman Tom Wheeler is expected to ask the FCC to vote on a ban of some shared-service agreements in the commissions next meeting.

The proposal is also expected to ban local stations from teaming up in retransmission negotiations.

Bloomberg reports Sinclair Broadcasting, along with several other station groups including Nexstar and LIN Media would be forced to give up some stations if the proposal passes.

Sinclair’s revenue last year from the type of arrangement the officials said Wheeler is most directly targeting amounted to $36 million, according to the filing. Sinclair reported $1.36 billion in revenue last year.

Sinclair fell 1.9 percent to $29.51 at 10:12 a.m. New York time. Nexstar lost 1.7 percent to $42.84, while Lin Media declined less than 1 percent to $23.09.

Wheeler needs to win a vote to pass the change at the FCC, where he is part of the three-member Democratic majority. The agency’s next meeting is March 31 in Washington. Read more

Q4 Earnings: LIN Media Net Revenue Down 6%

lin media logoLIN Media reported $183.9 million in net revenues for the fourth quarter of 2013, a 6% drop compared to the fourth quarter of 2012. Net political revenues were down significantly, from $45.5 million in Q4 2012 to $2.9 million in Q4 2013, in the non-election year.

Local revenues for the company, which include net local advertising revenues, retransmission consent fee revenues and station website revenues, were up 14% year-over-year for the quarter. Net national revenues and interactive revenues were also up, increasing 10% and 107%, respectively, compared to the fourth quarter last year. Operating income was down 61%.

“Significant growth of our digital media business and pay TV subscriber fees helped offset comparisons to the prior year
when we earned record political revenues. Excluding political revenues, we increased net revenues by 20% in the fourth quarter
and 35% for the full year,” LIN Media CEO Vincent L. Sadusky said in a statement. “Looking ahead, we are confident in the evolution of our company and our ability to capitalize on our recent acquisitions, this year’s non-presidential elections and the winter Olympics.”

Q3 Earnings: LIN Media Net Revenues Up 23%

lin media logoLIN Media reported $163.1 million in net revenues for the third quarter of 2013, an increase of +23% on the year ago quarter.

Local revenues, including net local advertising revenues, retransmission revenues and station website revenues, were up +44% to $105.5 million. Net national revenues increased +26% to $32.8 million. Political revenues were down in the non-election year, as was operating income.

“We achieved another quarter of significant growth in revenues from our digital businesses and pay TV subscriber fees and our core time sales continue to gain momentum. Excluding record political revenues and our estimate of incremental Olympic revenues in 2012, core advertising revenues increased 3% on a same station basis in the third quarter,” LIN Media president and CEO Vincent L. Sadusky said in a statement.

Helen Swenson Named GM of WIAT in Birmingham

wiat logo_304x200LIN Media has named Helen Swenson president and general manager of Birmingham, AL, CBS affiliate WIAT.

The move had been rumored after former GM Bill Ballard‘s contract wasn’t renewed.

Most recently Swenson was the senior vice president of Live Programming for The Weather Channel. Before coming to The Weather Channel she was the senior multimedia consultant for Frank N. Magid Associates. She has also held management positions at local TV stations in Pittsburgh, Miami and West Palm Beach, FL, including a stint as news director for KIRO in Seattle.

“Helen is a highly strategic and skilled broadcast executive with a proven track record of achieving growth by developing innovative and superior products that better meet the needs of our viewers and advertisers, ” Scott Blumenthal LIN Media’s executive vice president of Television said in a statement. “We are pleased that she is stepping into the leadership role at WIAT.”

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