Updated: 9:30 PM 12/23/2008
Breaking news: Announced late on the WTVJ 6PM news by Joel Connable. The sale of WTVJ, an NBC O&O station, has been called off by Post Newsweek.
In a joint statement issued today:
“The Washington Post company and NBC Local Media today announced that the intended sale of WTVJ to the Washington Post company will not move forward. Given the current economic environment, and the delay in receiving the necessary regulatory approval, the deal has been terminated. The purchase of WTVJ was scheduled to close by the end of 2008.”
This is great news for the folks against the sale of WTVJ, and it’s long history. There is no word yet if NBC will put WTVJ back up on the market, or retain it as an NBC O&O station. Tips have been coming in for about a week now, hinting that Post Newsweek would back out of the sale, thanks to a delayed FCC hearing… and today, it looks like they did. We’ll pass on the info as we receive it.
(Click Below For Updates! Last update: 9:30 PM 12/23/2008)
Update: In an alleged meeting after the 6PM news, WTVJ’s news director was crying while expressing how poorly NBC handled the sale. She was allegedly angry because NBC didn’t tell WTVJ first, and many people left for other jobs out of state. For those asking about the future of WTVJ, no one knows. Will NBC keep it O&O? Will WTVJ be the newest content center?… or will NBC sell WTVJ to one of the other bidders. We’re back to the “wait and see” game.
Update: WTVJ was apparently kept out in the dark as well. Allegedly finding out about PN backing out from the wires, and from businessjournal.com.
Update: Apparently, Mr. DeMarco Morgan wants back at WTVJ now that things are looking up.
Lastly, i have an educated guess for you as of the future of NBC6. I think, NBC will put WTVJ back up for sale. Then, when they realize there’s not a shot in hell of them getting the amount of money they’re asking for, they will pull WTVJ off the market and turn them into the newest NBC content center. Just a guess…