View Post ShopTalk | TVBiz Pew Report: Total Value of Station Acquisitions Hits 7-Year High By Merrill Knox on Mar. 26, 2014 - 7:22 AM In the annual State of the News Media report, Pew Research Center finds local television station sales in 2013 were up 205% compared to 2012. Nearly 300 stations were sold last year for a total of $8.8 billion, a 367% increase in ...
View Post TV Biz | TVBiz FCC Approves Gannett’s Purchase of Belo By Kevin Eck on Dec. 20, 2013 - 1:54 PM Gannett Co. and Belo Corp. announced today the FCC has approved Gannett’s acquisition of Belo Corp. The deal is expected to close early next week. Earlier this week, the Department of Justice required Gannett sell St. Louis ...
View Post ShopTalk | TVBiz Gannett Agrees to Sell KMOV As Part of Belo Merger By Merrill Knox on Dec. 16, 2013 - 2:28 PM The Department of Justice will require Gannett Co. to sell St. Louis CBS affiliate KMOV in order to proceed with the pending acquisition of Belo Corp. The DOJ says Gannett, Belo Corp. and Sander Media LLC, which will acquire six s ...
View Post FCC | TV Biz Belo Shareholders Approve Gannett Merger By Kevin Eck on Sep. 26, 2013 - 11:55 AM Belo Corp. has announced its shareholders voted in favor of approving and adopting the merger agreement with Gannett in a special meeting yesterday. The deal has come under fire from groups who have petitioned the FCC to deny the ...
View Post TV Biz Q2 Earnings: Belo Revenue Declines 2.3% By Merrill Knox on Jul. 30, 2013 - 9:18 AM Belo Corp. reported $174 million in revenue during the second quarter of 2013, a 2.3% decline compared to the year-ago quarter. Excluding political revenue, which was down $8.3 million in the non-election year, Belo reported a 2.5 ...
View Post TV Biz Q2 Earnings: Gannett Television Revenues Rise 3.6% By Merrill Knox on Jul. 22, 2013 - 11:51 AM Gannett Co. reported $204.8 million in television revenues during the second quarter of 2013, an increase of 3.6% on the year-ago quarter. Retransmission revenues rose 62.3%, while core advertising revenues were up 1.5%. Operating ...
View Post Politics | TV Biz Belo Touts Voter Education Effort During 2012 Election By Kevin Eck on Jan. 17, 2013 - 3:33 PM Belo Corporation announced the company’s “It’s Your Time” program gave free airtime to 135 congressional and gubernatorial candidates on its 14 news producing stations during the 2012 election. “The polit ...
ABC Affiliates | ShopTalk Brad Ramsey to Lead Belo’s WVEC By Kevin Eck on Oct. 16, 2012 - 9:54 AM Brad Ramsey has been named president and general manager of Belo’s Hampton Roads ABC affiliate, WVEC. He comes from WCAV-WVAW-WAHU in Charlottsville, VA where was was vice president and general manager. He succeeds Tod Smi ...
ShopTalk | TV Biz Belo Introduces New GMs at KMOV and WWL By Andrew Gauthier on Jun. 13, 2012 - 4:03 PM Belo today announced the appointments of two new general managers at its stations in St. Louis and New Orleans. Mark Pimentel has been named president and general manager of KMOV, Belo’s St. Louis CBS-affiliate, and Tod Smit ...
TV Biz Belo Announces Slight Increase in Revenue By Andrew Gauthier on Apr. 26, 2012 - 11:37 AM Belo today reported a 3% increase in total revenue for the first quarter of 2012, compared to the same period last year. The Dallas-based company, which owns 20 stations across the country, generated $156 million during the first ...