01-05-2024, 06:18 PM
More CW switcheroos announced... WGN and the network are reuniting (WCIU is reverting to its local entertainment format The U), and WVBT (Fox in the Hampton Roads region) and KLFY (CBS in Lafayette, LA) are also taking the O&O (most likely through a subchannel).
tvnewscheck.com
As for the WADL acquisition by Mission Broadcasting (Nexstar's sidecar), the FCC approved the deal in the condition Nexstar doesn't finance the transaction with their money and/or imposing an option for them to outright buy the station from Mission; it also imposed new limitations to all Mission/Nexstar SSA, including placing a cap on performance bonuses and ad revenues. The latter measures come after Mission was forced to sell WPIX to a third-party, given its status as Nexstar's sidecar; they must sell the station to another company, or Nexstar to sell other of its stations to buy outright WPIX. As for WADL, the acquisition isn't still finished, and Mission is calling the conditions "problematic", though Kevin Adell was optimistic the sale to Mission would still go through.
www.nexttv.com
deadline.com
tvnewscheck.com
As for the WADL acquisition by Mission Broadcasting (Nexstar's sidecar), the FCC approved the deal in the condition Nexstar doesn't finance the transaction with their money and/or imposing an option for them to outright buy the station from Mission; it also imposed new limitations to all Mission/Nexstar SSA, including placing a cap on performance bonuses and ad revenues. The latter measures come after Mission was forced to sell WPIX to a third-party, given its status as Nexstar's sidecar; they must sell the station to another company, or Nexstar to sell other of its stations to buy outright WPIX. As for WADL, the acquisition isn't still finished, and Mission is calling the conditions "problematic", though Kevin Adell was optimistic the sale to Mission would still go through.
www.nexttv.com
deadline.com
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