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

Posts Tagged ‘WLAX’

Nexstar to Acquire Grant Company For $88M

nexstar logoNexstar Broadcasting is acquiring Grant Company, Inc. for $87.5 million. The deal, which is expected to close in the first quarter of 2014, will add seven stations in four markets to Nexstar’s portfolio.

The stations are WFXR and WWCW in Roanoke; WZDX in Huntsville, Ala.; KGCW and KLJB in Quad Cities, Iowa; and WLAX and WEUX in La Crosse, Wisc. After the Nexstar acquisition, Mission Broadcasting will purchase KLJB and subsequently enter into a local service agreement with Nexstar.

“We believe the acquisition of these stations and the expanded scale they bring to our operations combined with our record of building new local direct client relationships, success in expanding local programming and consistent growth in digital media and political revenues, position Nexstar to continue building long-term shareholder value,” Nexstar CEO Perry A. Sook said in a statement.

With the acquisition, Nexstar will own, operate, program or provide sales to 102 stations in 54 markets, reaching 15.5% of all U.S. television households.

Mediabistro Course

Online Production for Writers and Editors

Online Production for Writers and EditorsStarting July 17, learn how to create multi-dimensional content for your digital mediums! Taught by a multiplatform journalist, Darragh Worland will teach you how to create content that is multi-dimensional and editorially relevant, use the web to its full potential, create stories that have social media campaigns built in and increase your value as as an employee. Register now! 
 

Dish Network Pulls Plug on Grant Stations Over Retrans Deal

Dish Network subscribers won’t be able watch their favorite shows on stations owned by Grant Communications until the two settle their dispute over retransmission fees.

On Saturday February 16, Grant’s four FOX affiliates, WZDX in Huntsville, AL, WFXR, Roanoke,VA, KLJB in Quad Cities and WLAX-WEUX in La Crosse, WI, as well as two CW stations and one MyNetworkTV station went dark as part of the dispute.

WZDX, the FOX affiliate in Huntsville posted a statement about the dispute on its website saying,

Contrary to what you may have been told or read, FOX 54 has asked Dish to pay rates comparable to those being paid by your local cable systems now. That is fair and equitable, as already determined by the marketplace. We understand the public’s frustration with this situation, and we remain committed to reaching a solution with Dish without disrupting FOX 54′s programming. Read more