archive2009-14.pdxradio.com » Portland Radio

Belo sold to Gannett

(21 posts)
  • Started 7 years ago by Docster
  • Latest reply from msndrspdx

  1. Docster
    Member

    http://phx.corporate-ir.net/phoenix.zhtml?c=105373&p=irol-newsArticle&ID=1829549&highlight=

    Parent to KGW, KING (seattle), and other northwest stations sold to Gannett.

    Posted on June 13, 2013 - 05:36 AM #
  2. RadioBuggie
    Member

    ..and that's $1.5 BILLION in cash - alot of Benjies...

    ..I just hope they don't let go KING5's Dennis Bounds - or esp Jean Enersen...

    Posted on June 13, 2013 - 07:38 AM #
  3. msndrspdx
    Member

    Gannett also runs USA Today and several other newspapers and TV stations across the land. In Portland, this means that in the last year, the ABC, CBS, and NBC stations have changed hands at least once.

    Wow.

    Best, Mike 8)

    Posted on June 13, 2013 - 08:50 AM #
  4. Andy_brown
    Member

    "in the last year, the ABC, CBS, and NBC stations have changed hands at least once."

    Not a good indicator of business being good. The large will get larger, swallowing up the failed ventures of others who got caught in the death spiral of the broadcasting industry as it morphs into automated irrelevance.

    Posted on June 13, 2013 - 10:14 AM #
  5. washnotore
    Member

    One has to wonder? If this is just the beginning of repacking the DTV Band.

    Posted on June 13, 2013 - 11:41 AM #
  6. AtwaterKent
    Member

    KGW won't be going to Gannett, at least directly (according to the Gannett). Apparently Gannett plans to spin off five of the Belo stations, including KGW, where it already has media sites. In this case, the Statesman Journal newspaper in Salem. Gannett will supply support services to KGW, but the station will be separately owned.

    Posted on June 13, 2013 - 02:04 PM #
  7. paulwalker
    Member

    Back in the 90's, Gannett TV news was the equivalent of USA Today. Splashy graphics, easy to understand stories, etc. exactly the opposite of KGW, and especially KING. Not sure if this reputation has changed.

    Posted on June 13, 2013 - 02:19 PM #
  8. msndrspdx
    Member

    Kent, if that's the case, that means that Gannett will buy KGW and then turn around and sell it to someone else. Who are the other four stations involved? And who would Gannett sell KGW (which also includes KGWZ) to?

    Best, Mike 8)

    Posted on June 13, 2013 - 03:10 PM #
  9. AtwaterKent
    Member

    The other markets are Phoenix, Tucson, St. Louis and Louisville. Tough to say which company would buy KGW from Gannett. The company's best days are behind it. Ask the shrinking number of people who still work there. Maybe KGW will be lucky and its new owner will be a quality company.

    Posted on June 13, 2013 - 03:20 PM #
  10. washnotore
    Member

    A former Belo executive Jack Sander will own KGW plus four other stations. (At least on paper). These five stations will operate under a shared services agreement. (Where have we seen this word before). With other Gannett stations. So it looks likes KGW ties with KING-TV will be SSA. I would also guess that NWCN remains in the mix.

    Posted on June 13, 2013 - 03:39 PM #