From the previous post about the imminent announcement of a WTVJ buyer someone left this comment:
Companies that are out:
Sunbeam (bid was too low)
Gannett (WTVJ GM said the buyer will be a company she never worked for before, so they are out)
Media General (financial trouble)
Hearst-Argyle (Company has no CEO & no money)
FOX (Pulled out)
Disney-ABC (not buying anymore TV stations)The split is still an option. While Sunbeam couldn’t afford to buy WTVJ, Post-Newsweek still could. Other possible contenders include COX and Tribune.
Jodie:
It needs to be Belo or Cox, for the sake of WTVJ, its employees and it legacy.
Several other visitors have echoed the sentiment that Cox and Belo would be the best thing to happen to WTVJ.
I’ve read a few things about Belo and it looked to me like they run their stations well. KHOU (Houston), WFAA (Dallas) and KING (Seattle) are at the top of the ratings and come off as pretty serious, newsy, stations. If they were to buy NBC6 it would be interesting to see if their approach works in the Miami/Ft. Lauderdale market
update 7/2: someone sent this Broadcasting & Cable blog post from May 28th which says Hearst-Argyle and some private equity companies were looking at WVIT in Hartford, CT which NBC put out for sale in March along with WTVJ.
