Gannett Broadcasting

Posted on September 19, 2012 by sweinste

by Scott Weinstein

Gannett Co., Inc.
7950 Jones Branch Drive
McLean, VA 22107-0150
703-854-6000 / www.gannett.com

A Brief Overview

In 1923, Frank Gannet founded Gannett Company, Inc. in Rochester, New York. It began as an extension of Gannett’s newspaper company that was founded in 1906 and has expanded to a multi-media company that no longer just publishes newspapers (1). “Gannett is a media and marketing solutions company with a diverse portfolio of broadcast, digital, mobile and publishing companies.” They own more than 90 daily newspapers, about 1,000 weekly newspapers, 23 television stations and many more media holdings. Gannett operates in 41 U.S. states and six countries (2). Gannett is expanding its brand and as the CEO, Gracia Martore said at the UBS Global Communications Conference, “The media business does not stand still for even a minute we take for granted that change is relentless and we have to show up with our A game everyday.” (3)

Gannett Broadcasting: Company Overview

Gannett Broadcasting’s division is comprised of 23 television stations and its subsidiary Captivate. The former reaches 21 million households in 20 markets, which is approximately 18.2% of the U.S. population (2). The latter is a company that delivers news, information, and advertising through video monitors in elevators. They are currently located in North America and reach more than 4 million workers (4). At the end of 2011, the amount of employees, both full-time and part-time, totaled about 2,600 (5).

Executives (6)

The Faces of Gannett Company, Inc. (Lougee, Beall, Martore, Harker)(16,17,18,19)

Broadcast Office

David T. Lougee , President, Gannett Broadcasting

Lynn Beall; Executive vice president, Gannett Broadcasting, and president and general manager, KSDK-TV, St. Louis, MO

Company Office

Gracia Martore, President and Chief Executive Officer

Victoria D. Harker, Chief Financial Officer

Assets

As noted earlier the company owns 23 different television stations across the country, in 21 different markets. Seven of the 21 markets owned by Gannett are in the top 20 market (7).

: (20, 21, 22, 23)

The stations are comprised of 12 NBC affiliates, 6 CBS affiliates, 3 ABC affiliates, and two MyNetworkTV affiliates. These affiliation agreements expire with NBC in 2017, with CBS in 2015, and with ABC and MyNetwork TV in 2014. The most successful weekly audiences, based on the November 2011 Nielsen sweeps, are the CBS affiliate in Washington DC (WUSA-TV) with 1,797,000; the NBC affiliate in Atlanta, Georgia (WXIA-TV) with 1,602,000; and the NBC affiliate in Minneapolis-St.Paul, Minnesota (KARE-TV) with 1,297,000. (8)

The ratings of these stations continue to do well. Lucky for Gannett, more than half of its stations are NBC affiliates, and this past November was the first time since 2003 that NBC ranked number one in the Nielsen prime time ratings programming amongst adults 18-49. This increased revenue, as many people tuned into the NBC programming. Furthermore, the past Summer Olympics in London were the most watched games in Olympic history, attracting more than 200 million people. KUSA-TV in Denver was the top rated NBC market affiliate during the two-week span of the games. Their Atlanta and Minneapolis NBC affiliates were ranked second and third respectively; and their St. Louis and Phoenix did well. In total the Gannett owned affiliate stations took six of ten top NBC affiliate markets in terms of ratings during the Olympics (3).

Arizona	FlagstaffPhoenix	KNAZ-TV (NBC )KPNX-TV (NBC)
Arkansas	Little Rock	KTHV-TV (CBS)
California	Sacramento	KXTV-TV (ABC)
Colorado	Denver	KTVD-TV (My Network TV )KUSA-TV (NBC)
District of Colombia	Washington	WUSA-TV (CBS)
Florida	JacksonvilleTampa-St. Petersburg	WJXX-TV (ABC)WTLV-TV (NBC)WTSP-TV (CBS)
Georgia	AtlantaMacon	WATL-TV (My Network TV)WXIA-TV (NBC)WMAZ-TV (CBS)
Maine	BangorPortland	WLBZ-TV (NBC)WCSH-TV (NBC)
Michigan	Grand Rapids	WZZM-TV (ABC)
Minnesota	Minneapolis-St. Paul	KARE-TV (NBC)
Missouri	St. Louis	KSDK-TV (NBC)
New York	Buffalo	WGRZ-TV (NBC)
North Carolina	Greensboro	WFMY-TV (CBS)
Ohio	Cleveland	WKYC-TV (NBC)
South Carolina	Columbia	WLTX-TV (CBS)
Tennessee	Knoxville	WBIR-TV (NBC)

Financial Information

Gannett Company, Inc. is a publicly traded media holding company (GCI). On October 15 the third quarter results were released, and the broadcasting division’s success was monumental. Both revenue and profits were at a record high in all of Gannett broadcasting history. The operating revenue increased 36% from $174.3 million the last 3^rd quarter to $237 million during the most recent 3^rdquarter. The television revenue was also up 38.1% from $168.8 million a year ago to $233 million. The substantial increase is mostly attributed to advertising, which includes $41.7 million spent on political advertising and $37 million spent on the summer Olympics related ads. The Olympics brought in an unprecedented amount of revenue from advertising. Their total was up 18% from four years ago during the Beijing Olympic games. Part of the explanation was that Gannett reached out to local advertisers to sell television time to. Lougee is looking to increase the revenue even more during the 2014 Winter Olympic games in Sochi, Russia. In total, political revenue for the year will be $150 million. Prior to the 2012 election, Gannett lacked a strong political footprint, but that changed during this election. Because of more local coverage of elections, especially in swing state markets including Colorado, Florida, and Ohio, political advertising increased by a significant margin. Another source of the revenue came from retransmission fees, which accounted for $22.3 million. With retransmission consent in 2013, Gannett will receive 135-140 million from distributors, which is up 41 to 46% from 2012. The fourth quarter results are expected to be at an all time high. When the books are closed for Gannett’s fiscal year, the broadcasting division will report record growth and revenue (3) (9).

YTD Stock Price (December 6, 2011-December 6, 2012) (24)

As far as the stock market is concerned, the current share price for GCI is $17.88. Their share price has seen an incline for the most part, as a year ago it was being sold at $13.13 (10) Just recently, a report was released by Dividend Channel that named them the top dividend stock with insider buying. On October 23, the Board of Directors of Gannett announced that a dividend of $0.20 per share would be payable to stockholders just after the new year. As of now the company is on track to return dividends up to $1.3 billion through 2015. Throughout the UBS Global Media and Communications Conference a common theme that both the CEO and CFO spoke about was making sure an increasing level of capital is returned to their shareholders. Furthermore, there is currently a large amount of cash flow totaling over one billion dollars. That money will be used to return even more cash and to invest into things that will expand the Gannett brand (3) (11).

Recent Happenings

Gannett and Dish Network

(25)

In late May, Dish Network introduced its Auto Hop feature available on its DVR service. This new technology allows users to skip over commercials on broadcast networks. While this is beneficial for TV viewers it hurts the broadcasters who lose advertising revenue. As a result of this feature, Dish Network and Gannett were having difficulty renewing their retransmission agreements (12). Gannett was looking for a 300% rate increase to compensate for the loss of revenue from advertisers. Dish Network’s stance was that they wanted to take a stand for customer choice and control. Fortunately for subscribers, rather than suffer from a blackout, the two companies reached a deal as the October 7^th deadline was slightly extended. The terms of the deal have not been released, but the new contract is long term according to press releases by both companies (13).

Gannett and DirecTV

(26)

DirecTV customers narrowly avoided a blackout of Gannett television stations across the country. As the November 30^th deadline approached, Gannett warned their viewers that they may experience a blackout of affiliate stations until an agreement was reached. This was all because Gannett was looking for a fair deal for retransmission fees, while DirecTV said that Gannett was trying to get customers to pay almost twice what they pay now for their stations. While the deal was made by the deadline, the details of the agreement have not been made public yet (14).

Sources

1. History of Gannett

2. Background info on the company

3. 40th Annual UBS Global Communications and Communications Conference Slide Show presentation Dec 5, 2012

4. About Captivate

5. 2011 Annual Gannett Company, Inc. Report

6. The Gannett Company, Inc. Leadership Team

7. http://www.stationindex.com/tv/tv-markets

8. 2011 Annual Gannett Company, Inc. Report pgs. 14-17

9. Q3 Earnings, October 15, 2012

10. Google Finance

11. Press Release, December 5, 2012

12. http://online.wsj.com/article/SB10000872396390443768804578038742408997314.html

13. http://www.reuters.com/article/2012/10/08/us-dish-gannett-idUSBRE89403I20121008

14. http://www.rapidtvnews.com/index.php/25251/gannett-directv-avoid-local-tv-blackout.html

20. MyNetworkTV image

21. NBC image

22. ABC image

23. CBS image

24. Google Finance image

25. Dish Network image

26. DirecTV image

27. Gannett image

Ion Media Networks

Posted on September 18, 2012 by bjnorman

by Bailey Normann

Picture courtesy of Ion Media Networks [5]

601 Clearwater Park Rd.
West Palm Beach, FL, 33401 United States
(561) 659-4122

About

Originally founded as Paxson Communications in 1991, ION Media Networks was officially established in 2006 and has since made great lengths in all of its key areas including: general entertainment television, special interest television, and mobile television. ION is a leading American television provider and brings their content to nearly 260 million Americans. They deliver their entertainment “through innovation, offering quality content, new formats and innovative packages that are affordable and accessible to all consumers” [5]. At its helm is CEO and Chairman Brandon Burgess along with Chris Addeo in Marketing, Douglas Holloway in Distribution, and Jeff Quinn in Finance. Under the ION Media Networks Inc. flagship is ION Television, Qubo, and ION Life.

Photo Courtesy of Ion Media Networks [1]

Photo Courtesy of Ion Media Networks [5]

Holdings

Under the networks’ “Positively Entertaining” brand, ION Television offers an array of blockbuster movie titles, hit shows in syndication, and more recently, a jump into original content. The network reaches more than 1oo million US Homes and boasts it is “the only entertainment network with double-digit growth” [11]. It is available through all major distribution companies and is one of the fastest growing networks in America.

Qubo, ION’s “Good Fun” children’s network provides a safe space for childhood and adult viewing. It functions to provide content for preschoolers to tweens and tries to promote good role models and values in order to create more constructive members of society. It has also received numerous awards for its healthy programming and fight against childhood obesity. It has been recognized as the “Gold Standard” in kid’s television by the FCC and was also voted as “one of the more trustworthy sources for children’s programming” by the U.S. Government Accountability Office [12].

ION’s final special interest television venture is ION Life, a lifestyle channel that is

Photo courtesy of Ion Media Networks

committed to offering programming that promotes healthy and active individuals. Its programs focus on such topics as relationships, inspirational stories, adventure, and home design. It is available 24/7 and is distributed over-the-air and through cable and satellite providers.

Financials

In May of 2009, ION Media Networks hit a serious road block. Under the deal of a restructuring agreement with a group of debt holders whom promised they would make its debt into equity, the network filed for Chapter 11 bankruptcy. With more than a billion dollars in liabilities and ten million in assets, ION rebuilt with a 150 million dollar funding commitment. However, by October of 2010, ION had resurrected from the ashes of bankruptcy. “Per Nielsen ratings data, ION Television averaged 1.12 million viewers in the third quarter of 2010, an improvement of 94 percent versus the year-ago period” [1]. This spur in growth is most attributed to the networks’ acquisition of shows such as Criminal Minds and Without a Trace and “from October 2009 through September 2010, ION has

Douglas Holloway – President of Multichannel Distribution
Photo courtesy of S.I. Newhouse School of Public Communications [15]

grown its overall sales prime deliveries 72 percent to 1.01 million viewers, while improving 74 percent among adults 25-54 (450,000), and nearly doubling its delivery of viewers 18-49 (392,000 versus 205,000 in the year-ago period)“ [1]. Although ION is a private company and therefore does not publish their financial reports to the public, in a talk earlier this month, ION’s President of Multichannel Distribution confirmed that the company is continuing on its up-hill climb.

In the News

ION is also a leader in developing the future of mobile television and “co-founded the industry initiative to develop Mobile DTV technology in record time” [5]. This initiative, the Mobile Content Venture, or MVC for short, was also headed by NBCUniversal and Fox. In order to “mobolize” this project, these broadcasters plan to use the Dyle mobile TV service. Dyle mobile TV is working to turn Android and iOS devices into portable televisions and will allow customers to view local broadcast channels such as ABC, CBS, FOX, NBC, Quobo, Telemundo, and Univision. However, this program is not yet covered in all markets. In a presentation this month at Syracuse University’s S.I. Newhouse School of Public Communications, ION’s President of Multichannel Distribution, Douglas Holloway, expressed qualms about Dyle’s business model, which at the moment will be entirely based on advertising. Holloway also expressed his concerns about his company’s failure to move at a fast enough rate with the expanding mobile TV platform. He said that creating their own distributable platforms are at the moment nearly impossible. This is mainly due to the fact that ION television is entirely syndication based.

Continuing to strengthen its syndicated content, ION Television announced its acquisition of “Law & Order: Criminal Intent,” in early August of 2012. This off-networking licensing agreement has given the network the rights to all 10 seasons including all 195 episodes [7]. Similarly, in the same month, ION also acquired the off-net rights to all six seasons of the CBS procedural drama “Numb3rs,” which fits in perfectly with the networks’ crime drama line up [14].

In late September, ION Television announced what would be their most successful programming of the fall season. On October 3^rd, the network premiered the first match of the new WWE Main Event series. The new show was promoted with several promo ads, “featuring the WWE Superstars and Divas of Monday Night Raw and Friday Night Smackdown” [9]. The series will premiere live events that are filmed across the country, including an international matchup in Europe. Since its debut, WWE Main Event has been a serious contender in television ratings. Up against a presidential debate on its premiere night, this program, according to Nielson, “garnered the highest male audience in the last year with the most Men 18-49 (422,000), Men 25-54 (444,000), and Men 2+ (876,000)” and was also the #4 program on television among Men 18-49. [9]. This beat not only the male audience watching the presidential debate, but it also beat out ESPN and ESPN2 on the last MLB regular season game. CEO Brandon Burgess describes, “’Fans of the WWE are passionate and seem to have a knack for finding their favorite Superstars wherever they live. Needless to say, we are particularly pleased that WWE has found a new home on ION Television, and we congratulate our new partner in the success of the premiere’” [9]. Vince McMahon , CEO and Chairman of WWE, responded, “’We expect our fans will make WWE Main Event the number one show on the network as they have done for WWE programs with all of our other TV partners’”[9].

On October 9, it was announced that ION had created a new and much longer-term partnership with DIRECTV, a leader in digital entertainment service providers. This has extended ION Television’s contract with the provider for many years to come. Also, for the first time, the network will be offered in high-definition on DIRECTV and will also be available nationwide, from East Coast to West Coast.

Another piece of programming proving to be a serious asset for the network this fall is its “nail-biting cop drama,” Flashpoint. Back in late January of 2011, ION Television made a deal with CBS Television for the “rights to all existing episodes and future production of the popular police drama”[10]. In this deal, they were given the rights to produce the fifth season of the drama and all subsequent seasons that may occur, which celebrates the networks’ first experience in creating its own original content. On October 16 of this year, the fifth (and final) season of the original crime drama premiered on the ION Television network. The season will include thirteen, one-hour episodes produced by Pink Sky Entertainment and Avamar Entertainment in association with CTV and ION Television. According to a Canadian television website, the show is “averaging 1.7 million viewers, up 13% from last fall’s season average” [13].

Works Cited

[1] Crupi, A. (n.d.). ION Resurrects Ratings After Bankruptcy Scare | Adweek. Adweek – Breaking News in Advertising, Media and Technology. http://www.adweek.com/news/television/ion-resurrects-ratings-after-bankruptcy-scare-116251

[2] Hoover’s | A D&B Company. (n.d.). Hoovers | Company Information | Industry Information | Lists. http://www.hoovers.com/company-information/cs/company-profile.ION_Media_Networks_Inc.1a21103c9917c587.html

[3] Ion Media Files Bankruptcy With Deal to Swap Debt for Equity – Bloomberg. (n.d.). Bloomberg – Business, Financial & Economic News, Stock Quotes. http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aYV7U84_mowg

[4] ION Life | Home. (n.d.). ION Life | Home. http://www.ionlife.com

[5] ION Media Networks | Home. (n.d.). ION Media Networks | Home. http://www.ionmedianetworks.com/

[6] ION Media Networks | Press Releases. (n.d.). ION Media Networks | Home. http://www.ionmedianetworks.com/press/hit-crime-drama-flashpoint-returns-to-ion-televisi?id=292

[7] Cable, L. R., & AM, 8. 1. (n.d.). ION Acquires Rights to ‘Law & Order: Criminal Intent’ – 2012-08-08 14:49:37 | Broadcasting & Cable. Cable Television News, Broadcast, Syndication, Programming & Local TV | Broadcasting & Cable. http://www.broadcastingcable.com/article/488339-ION_Acquires_Rights_to_Law_Order_Criminal

[8] ION Media Networks | Press Releases. (n.d.). ION Media Networks | Home. http://www.ionmedianetworks.com/press/ion-media-networks-announces-new-agreement-with-d?id=297

[9] ION Television’s ‘WWE Main Event’ Debuts With Network’s Highest Male Ratings in a Year – Ratings | TVbytheNumbers. (n.d.). TV Ratings, TV Nielsen Ratings, Television Show Ratings | TVbytheNumbers.com. http://tvbythenumbers.zap2it.com/2012/10/04/ion-televisions-wwe-main-event-debuts-with-networks-highest-male-ratings-in-a-year/151696/

[10] ION Television Acquires Popular Police Drama “Flashpoint” from CBS Television Distribution | Business Wire. (n.d.). Press Release Distribution, Financial Disclosure, Online Newsrooms, PR, Public Relations, Investor Relations, EDGAR filing, XBRL, Breaking News, Business News, Financial News | Business Wire. http://www.businesswire.com/news/home/20110125006261/en/ION-Television-Acquires-Popular-Police-Drama-%E2%80%9CFlashpoint%E2%80%9D

[11] ION Television | Positively Entertaining. (n.d.). ION Television | Positively Entertaining. http://www.iontelevision.com

[12] Qubo | TV Programming for Kids. (n.d.). Qubo | TV Programming for Kids. http://www.qubo.com

[13] Ratings: Flashpoint up 13% from last fall | TV, eh?. (n.d.). TV, eh? | What’s up in Canadian television. http://www.tv-eh.com/2012/10/18/ratings-flashpoint-up-13-from-last-fall/

[14] Cable, L. R., & AM, 8. 9. (n.d.). ION Acquires ‘Numb3rs’ – 2012-08-07 13:30:15 | Broadcasting & Cable. Cable Television News, Broadcast, Syndication, Programming & Local TV | Broadcasting & Cable. http://www.broadcastingcable.com/article/488283-ION_Acquires_Numb3rs_.php

[15] http://newhouse-web.syr.edu/newhouse_img/news/Holloway.jpg

Cox Media Group

Posted on September 18, 2012 by gllevin

by Geri Levin

[14]

Cox Media Group (CMG) is a media company that specializes in uniting broadcasting, publishing, direct marketing, and digital media. CMG is one of the five companies that make up a national top ten company, Cox Enterprises. CMG owns and operates one of North America’s leading direct marketing companies, Valpak, and additionally is responsible for the national advertising rep firms of Cox Reps. [1]

History:

James M. Cox founded Cox Enterprises in 1898 with the purchase of the Dayton Evening News (now called the Dayton Daily News). [2]

Portrait of James M. Cox. Image courtesy of authentichistory [15]

After Cox took control of The Atlanta Journal newspaper and WSD in 1939, he then established South’s first television station in Atlanta, WSB-TV, in 1948. [2]

As the years passed, Cox Enterprises became one of the first company in the cable television industry. [2]

The enterprise expanded by assembling four different branches. The four companies that make up Cox enterprises is Cox Communications, Manheim, Cox Media Group and Cox Digital Solutions. [2]

About:

Cox Media Group controls 15 broadcast television stations including one local cable channel. They also own 86 radio stations, 8 daily newspapers, more than a dozen other publications that are not daily and more than 100 digital services. Operating in more than 30 media markets the company reaches up to 52 million Americans. [1]

Reaching 29 cities in 17 States across the United States of America [3], Cox Media Group delivers numerous media outlets to different markets insuring that people get the latest and updated information. The companies that are affiliated with CMG include ABC, Fox, Independent, MyNetworkTV, CBS and NBC. [4]

Leadership:

Doug Franklin, President. Image courtesy of Cox Media Group [16]

Bill Hoffman, Executive VP. Image courtesy of Cox Media Group [17]

Neil Johnston, Executive Vice President, Strategy & Digital Innovation. Image courtesy of Cox Media Group [18]

Broadcast Television:

One of the major branches that brings in a lot Cox Media Group’s annual revenue is the television stations that the company owns and operates. With up to 15 stations as well as one local cable channel, CMG broadcasts in 11 markets. The companies that are affiliated with CMG include ABC, Fox,, MyNetworkTV, CBS, NBC and some are independently owned. [4]

Each market has either one or two stations in that area:

The Oakland, San Franciso and San Jose market has the station KTVU which is affiliated with Fox and KICU-TV, an Independent station. [6]
The stations that are located in Jacksonville, Florida are WAWS, affiliated with Fox and WTEV-TV, (the most watched television station [5]) a CBS company. [6]
Broadcasting in Orlando and Daytona Beach, Florida, are both an ABC affiliated station, WFTV and an independently owned station, WRDQ. [6]
In Atlanta, there is only one major broadcasting station is WSB-TV, associated with ABC. [6]
Reno, Nevada’s stations are KRXI-TV, which is a fox station, and KAME-TV, a MyNetworkTV station. [6]
In Charlotte, NC the stations include WSOC-TV, affiliated with ABC, and the station WAXN-TV, which is an independent station. [6]
Dayton, Ohio’s main station is a CBS station, WHIO-TV [6]
Both Stuebenville, OH and Wheeling, W.V. have the same broadcast station which is WTOV-TV. Operated by NBC. [6]
The broadcasting stations in Tulsa, OK are KOKI-TV and KMYT-TV. KOKI-TV is associated with Fox and KMYT-TV is associated with MyNetworkTV. [6]
The one major station in Johnstown and Altoona, PA is WJAC-TV, which is affiliated with NBC. [6]
WPXI is the station that broadcasts to Pittsburgh, PA. This station is operated by NBC. [6]
The station in El Paso, TX is KFOX-TV, operated by Fox [6]
Lastly, the station KIRO-TV in Seattle and Tacoma, WA is operated by CBS. [6]

Current Cox- Owned Television stations. Image courtesy of Cox Media Group – Wikipedia. [19]

Financials:

The broadcast stations that Cox Media Group owns in each market brings a significant amount of revenue for the company. In 2010 the gross revenue that the stations brought in all together was 535.9 million dollars. [4]

The broadcast station that brought the highest amount of gross annual revenue in 2010 was the station in Atlanta, GA with 137.6 million, WSB. The least amount of revenue generated was WJAC in Johnstowns and Altoona, PA with 9.9 million. [4]

Unfortunately, in 2011 the gross revenue dropped to a lower rate of was 482.1 million. That means that the company went down 53.8 million dollars in just a year. [4] Although the broadcast television stations lost revenue in 2011, they still stayed on top as the branch in CMG that produced the most amount of revenue that year. [4]

When it comes to the specific stations that Cox Media Group owns, the station that made the most money in 2011 was WSB in Atlanta, Georgia with 131.5 million dollars. The lowest amount of money that a station made was 8.9 million, again at the WJAC station. [4]

Cox media Group comes out with their annual revenue at the end of each year and due to this, they have not settled upon a yearly revenue for 2012 as of right now. One can assume that due to the election all throughout the fall of 2012, CMG’S annual gross revenue assumably shot up from 2011’s annual revenue.

News:

CMG Purchasing Two Major Television Stations

In July of 2012, CMG was offered to purchase two of Providence Equity Partners, the parent company of Newport Television, television stations. The stations that they offered were WAWS-WTEV in Jacksonville, Florida and KOKI-KMYT Tulsa, Oklahoma. [7]

Logo for WAWS-WTEV in Jacksonville, FL. Image courtesy of Fox 30 WAWS website [20]

Logo for KOKI- KMYT in Tulsa, OK. Image courtesy of Fox 23 KOKI website [21]

The Federal Communications Commission was forcing Newport to sell on of the two Jacksonville stations. This was because it was stated as a condition to the agency’s approval of Providence Equity’s buy of the twenty stations in 2008. [12]

But this ended up being a beneifical prospect for CMG. Buying WAWS-TV would be a major deal for CMG due to the fact that this Jacksonville station is a top rated Fox affiliates in the United States. [8]

On December 3rd, 2012, Newport announced that the deal had been closed and that CMG officially owned these two stations. [9]

According to Cox Media Group, the reason for why they decided to purchase these two T.V. stations was to focus on larger markets to ensure more of a cross media collaboration as well as improve the impact in lesser markets. [10]

To make this work to the best of its ability, CMG decided to sell radio locations in Birmingham, Greenville, Hawaii, Louisville, Richmond, and southern Connecticut, as well as T.V. stations in four markets: El Paso, Johnstown, Reno and Steubenville. What this will do is help the company collaborate with other businesses while keeping its financial numbers the same. [10]

According to Holly Allen, Vice President and General Manager of KOKI-TV and KMYT-TV, she said, “Our team in Tulsa is thrilled to be joining a company that not only has deep historic roots in the news business, but also is continually looking toward the future and making valuable contributions in communities around the nation.” [11]

With the purchase of these new radio station, CMG is able to switch up their traditional business plans. Most of the stations that they operate are broadcast stations in smaller markets but the purchase of these two new stations from Newport Television, LLC will change this. They will be focused on the idea of changing up their portfolio and focusing on the larger markets that they now own.

Awards:

There have been CMG properties that have received the Regional Edward R. Murrow Awards. This honor is rewarded to those who illustrate the spirit and excellent enthusiasm that broadcaster Edward R. Murrow demonstrated for the the broadcast profession. The winners include: [13]

KIRO-TV Channel 7 in Seattle
WSB-TV Channel 2 in Atlanta
WPXI-TV Channel 11 in Pittsburgh
WHIO-TV Channel 7 in Dayton
[13]

Contact Information:

Cox Media Group
6205 Peachtree Dunwoody Rd.
Atlanta, GA 30328

Phone: (678) 645-0000
Fax: (678) 645-5002

Sources:

[1] – http://www.coxmediagroup.com/about/

[2] – http://www.coxenterprises.com/about-cox/history.aspx#.ULp7ybTU7FI

[3] – http://www.coxmediagroup.com/about/ourproperties/

[4]- http://adage.com/datacenter/mediatrees2012/#41

[5] – http://www.actionnewsjax.com/content/topstories/story/Cox-Media-Group-buys-WAWS-TV-operates-WTEV-TV/aKTBlROyNEaFh3-X5X196w.cspx

[6] – http://en.wikipedia.org/wiki/Cox_Media_Group

[7] – http://www.broadcastingcable.com/article/487442-Newport_Sells_22_Stations_to_Nexstar_Sinclair_Cox_for_1_Bil.php

[8] – http://www.actionnewsjax.com/content/topstories/story/Cox-Media-Group-buys-WAWS-TV-operates-WTEV-TV/aKTBlROyNEaFh3-X5X196w.cspx

[9] – http://www.newporttv.com/default.aspx

[10]– http://www.coxmediagroup.com/news/cmg-press-releases/cox-media-group-purchases-new-tv-stations-jacksonv/nPy7J/

[11] – http://www.webwire.com/ViewPressRel.asp?aId=166138

[12] – http://www.jaxdailyrecord.com/showstory.php?Story_id=537043

[13] – http://www.coxmediagroup.com/news/awards/

Images:

[14] – http://www.coxmediagroup.com

[15] – http://www.authentichistory.com/special/nationsforum/NF_24_The_World_War-James_Cox-COX.jpg

[16] – http://www.coxmediagroup.com/about/ourleadership/doug_franklin/

[17]- http://www.coxmediagroup.com/about/ourleadership/bill_hoffman/

[18] – http://www.coxmediagroup.com/about/ourleadership/neil_johnston/

[19] – http://en.wikipedia.org/wiki/Cox_Media_Group

[20] – http://www.fox30jax.com/default.aspx

[21] – http://www.fox23.com/default.aspx

Univision

Gallery

Posted on March 19, 2012 by Isaac Garcia

This gallery contains 30 photos.

by Isaac Garcia History: Working as a Spanish-language television network, Univision was founded in 1955 by Raul Cortex. KCOR-TV, which was started in San Antonio, Texas, has turned into the largest audience of Spanish-language television viewers according to Nielsen ratings. … Continue reading →

Principles & Practices

Website by the students of TRF235

Tag Archives: Television