TVNewser LostRemote AgencySpy PRNewser FishbowlNY FishbowlDC SocialTimes AllTwitter AllFacebook InsideFacebook InsideSocialGames InsideMobileApps

Posts Tagged ‘LIN Media’

Kristina Lockwood Named GM at KHON

Kristina Lockwood has been named president and general manager of KHON, LIN Media’s Fox affiliate in Honolulu.

It is a return to KHON for Lockwood, who has previously served as the station’s national sales manager. In her new role, she will also be responsible for KHON-D2, Honolulu’s CW affiliate.

“We are excited to have Kristina back at KHON-TV. She is an outstanding broadcast executive with strong roots in Honolulu,” LIN Media Television EVP Scott Blumenthal said in announcing the hire. “Her unique blend of sales experience in both television and digital media, leadership skills and strong relationships make her an ideal candidate for this position and for advancing our key initiatives.”

Most recently, Lockwood was the director of sales statewide for Cox Media’s California division. She replaces Joe McNamara, who exited KHON last week.

LIN Media Net Revenue Increases 76% in Q4

LIN Media announced net revenues increased to $196 million in the fourth quarter of 2012 compared to $111.5 million in the fourth quarter of 2011, an increase of 76% on the year-ago quarter.

Net political revenues rose to $45.5 million, compared to $23.8 million in the fourth quarter of 2010 and $20 million during the same time period in 2008. Excluding political revenue, net revenues increased 39% to $150.7 million.

Local revenues, retransmission consent fees and television station web site revenues increased 45% to $101.4 million. Operating income increased 139% to $71.2 million.

General Manager Joe McNamara Out at KHON

KHON president and general manager Joe McNamara has parted ways with the Honolulu Fox affiliate, according to the Honolulu Star Advertiser.

McNamara had been the station’s general manager since 2006. KHON, previously owned by New Vision Television, was purchased in May by LIN Media.

No successor was immediately named, but LIN Media will “be naming someone here very quickly,” EVP for television Scott Blumenthal told the Star-Advertiser.

WDTN Cuts Main Anchor Michelle Kingsfield

Dayton NBC-affiliate WDTN has parted ways with Michelle Kingsfield, who anchored the station’s 5, 5:30, and 11 p.m. weekday newscasts over the past five years.

Kingsfield told the Dayton Daily News that she was “abruptly” let go last week, with the LIN-owned station failing to offer a reason for her dismissal.

Kingsfield has been a fixture on Dayton TV for over a decade.  Before joining WDTN in 2007, she worked as an anchor at WKEF-WRGT, the market’s Sinclair-run duopoly. Read more

WISH Meteorologist Angela Buchman Moving Across the Street to WTHR

Popular Indianapolis meteorologist Angela Buchman is leaving WISH to join crosstown rival WTHR.

An Indiana native, Buchman has been with WISH since 2001. According to multiple sources, she is set to depart the LIN Media flagship for a job at WTHR, the market’s #1 station.

Neither of the stations are willing to talk about the move and Buchman has not responded to TVSpy’s emails.

As the Indianapolis Business Journal points out, it’s unclear what the move means for WTHR’s primary meteorologist Chris Wright, who has been with the station since 1999. Read more

LIN Reports 15% Revenue Increase, Stokes Excitement for New Vision Deal

LIN Media, which operates or services 32 network affiliates around the country, today reported a 15% increase in revenue for the first quarter, compared to the same period last year.

LIN TV stations brought in $103.2 million in net revenue during the first three months of the year, compared to $89.7 million during last year’s first quarter. Local revenue increased 16% to $67.7 million, and national revenue was up 4% to $23.1 million.

“2012 is off to a great start as a result of strong first quarter results and revenue increases in all areas of our business,” LIN president and CEO Vincent Sadusky said, announcing his company’s financial results. Read more

Green Bay’s WLUK Debuts New HD Studio

WLUK, the LIN Media-owned Fox-affiliate in Green Bay, debuted a new, HD-optimized set this week (video above).

“For over a year now we have been planning and building out for presenting news and weather in high definition,” WLUK president and general manager Jay Zollar explained, as the station unveiled its new set. “Our goal has been to have a visually appealing newscast but also to construct a studio that provides for lots of flexibility and supports our commitment to providing the best local content, balanced news and severe weather coverage.”

Study Says Online Ad Revenue Strong for Local TV

According to a new study from Borrell Associates, local television stations racked up $1.97 billion in online ad revenue in 2011, a 41 percent increase over the previous year. The study predicts an even better 2012. Broadcasting & Cable has details:

Stations are forecasted to blow past the $2 billion threshold this year. Borrell Associates forecasts $2.7 billion in local TV online revenue, a 35% increase over 2011. Borrell revealed the numbers in its new Benchmarking Local Online Media survey.

“Local TV broadcasters continue to grow online ad revenue at an impressive clip,” said the study, which singled out Gray Television and Meredith for growing revenue at a 50% rate in the last half of 2011, along with LIN, Nexstar and Gannett for their digital gains as well.

FCC Approves Sale of WUPW, Layoffs Likely to Follow

The FCC has approved the sale of WUPW, bringing the Toledo Fox-affiliate one step closer to an expected round of layoffs.

The Toledo Blade reports that the $22 million deal for WUPW between LIN Media, the station’s current owner, and American Spirit Media was approved on Monday.  Attached to the deal is a shared services agreement with Raycom Media, which owns the market’s CBS-affiliate, WTOL.

As WUPW’s new owner pools its resources with WTOL, as many as 63 people could lose their jobs.  A formal announcement about the shared services agreement is expected next week.

With Drop in Political Advertising, LIN Focuses on 12% Increase in Local Revenue

LIN Media, which owns network affiliates in 15 markets across the country, today reported financial results for the fourth quarter, as well as the full year, of 2011.

Like most station groups, LIN experienced a sharp drop in political advertising. Net political revenues for the fourth quarter were $3 million, compared to $23.8 million for the same period the previous year. The dip in political advertising led to an 8% decrease in total revenue for the fourth quarter.

Outside of political advertising, the company saw some significant gains. Local revenue, which includes local advertising, retrans fees, and website revenue, was up 12% for the fourth quarter. Read more

<< PREVIOUS PAGENEXT PAGE >>