LIN Completes New Vision Stations Buy

It acquires network affiliates in eight markets: Portland, Ore. (DMA 22); Birmingham, Ala. (DMA 39); Wichita, Kan. (DMA 67); Honolulu (DMA 71); Savannah, Ga. (DMA 92); Youngstown, Ohio (DMA 110); Topeka, Kan. (DMA 136); and Mason City, Iowa (DMA 153).
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TVNewsCheck,

LIN TV Corp. announced Friday that it had completed the $342 million acquisition of eight full-power and two low-power TV stations from New Vision Television.

LIN Media now operates or services 43 television stations, seven digital channels and a growing portfolio of websites and mobile apps in 23 U.S. markets, accounting for10.6% of U.S. television homes.

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The stations (those in italics are owned by others, but operated by New Vision under contract. Listing does not include full-power satellite stations. The group airs additional network programming on in some markets on subchannels):

  • KOIN (CBS) Portland, Ore. (DMA 22)
  • KSNW (NBC) Wichita-Hutchinson, Kan. (DMA 67)
  • KHON (Fox) Honolulu (DMA 71)
Brand Connections
  • KSNT (NBC)/KTMJ-CA (Fox)/KTKA (ABC) Topeka, Kan. (DMA 136)
  • WIAT (CBS) Birmingham, Ala. (DMA 39)
  • WJCL (ABC)/WTGS (Fox) Savannah, Ga. (DMA 92)
  • KIMT (CBS) Mason City, Iowa (DMA 153)
  • WKBN (CBS)/WYFX-LP (Fox)/WYTV (ABC) Youngstown, Ohio (DMA 110)

Commenting on the announcement, the company’s President-CEO Officer Vincent L. Sadusky said: “LIN Media has acquired a terrific collection of broadcast properties with employees that share a similar passion for excellence and growth that have driven our company for the past 50 years. The addition of these television stations further advances our strategy to expand our national footprint and digital media business.”

Jason Elkin, New Vision’s CEO, said: “Even though this is the fourth major television station group that New Vision's management has successfully managed and then sold, we have never worked with a finer group of colleagues than the general managers, managers and employees who have built the thriving stations that LIN Media is now acquiring. Saying goodbye to such talented and dedicated people — many of whom have become great personal friends — is bittersweet, but today is made easier because New Vision's management believes LIN Media is a fine organization that will continue to provide great places to work and significant opportunities to advance.”

LIN Media was represented by Paul Hastings LLP in the transaction. Moelis & Co. acted as financial adviser to New Vision Television in the sale of its assets.

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Ratings

Overnights, adults 18-49 for September 22, 2016
  • 1.
    4.0/14
  • 2.
    1.7/6
  • 3.
    1.3/5
  • 4.
    0.9/3
  • 5.
    0.6/2
  • 6.
    0.3/1
Source: Nielsen

Reviews

  • Rob Owen

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  • Maureen Ryan

    Pitch has swagger, for good reason. It gets the big things right; the Fox drama about the first female baseball player in the Major Leagues is one of the year’s most assured and exciting debuts. But part of what impresses about the pilot is also the way it confidently strings together so many small but telling details. Ginny (Kylie Bunbury) is the first woman to be called up from the minors to the big leagues, and no show since Friday Night Lights has done a better job of portraying the internal and external pressures that weigh heavily on young athletes asked to do much more than merely succeed on the field. Pitch will likely do a good job of getting viewers to root for it. The hope is that the show won’t be an impressive, short-lived curiosity, but rather a long-term phenomenon.

  • Kevin Fallon

    In a fall TV season that’s already making a splash for championing diverse, distinctive voices in an array of projects that they created, wrote, and starred in, Better Things on FX stands out. The show is created by, written by, and starsPamela Adlon. She plays Sam Fox, the single mother of three daughters modeled after her own reality-show-ready experience raising three girls in Los Angeles following a divorce. Sam is also, like Adlon, a working actress — on shows both raunchy, a la Californication, and animated for children, like her role on Recess. It’s a refreshingly blunt take on single motherhood without sacrificing the warmth of parental love, portraying the dance between selfishness and selflessness that’s at the heart of being a parent — especially one weathering the hormonal fireworks of a household of four women at different ages.

  • David Wiegand

    The fall TV season doesn’t count as much as it used to — we already know that. But no matter how many retreads the broadcast networks throw at viewers in the next few months, this fall will be memorable because of the premiere of Atlanta on Tuesday, Sept. 6, on FX. The half-hour comedy created by and starring Donald Glover (Community), simply and brilliantly recalibrates our expectations of what a TV comedy is and how black lives are portrayed on the medium.

  • Louisa Ada Seltzer

    The second reboot of the 1980s John Candy movie Uncle Buck, bumped by ABC from midseason, has the same tired jokes you'll find on any second-rate sitcom. Too bad, because Mike Epps is appealing and ABC would be wise to keep him around for future shows, but there’s just not enough to this show to suggest it will last past summer. It also airs against NBC’s America’s Got Talent, summer’s No. 1 program on broadcast, which may make it even harder to find an audience.

  • Neil Genzlinger

    Bryan Cranston brings his Tony Award-winning interpretation of President Lyndon B. Johnson to television in an adaptation of the Robert Schenkkan play All the Way, and it’s still quite a sight to behold, just as it was on Broadway in 2014. Nothing beats witnessing this kind of larger-than-life portrayal onstage, of course. But the television version, presented by HBO, offers plenty of rewards, allowing Cranston to work the close-ups and liberating him from the confines of a theater set. Cranston’s performance is a gem — in his hands, this accidental president comes across as an amazing bundle of contradictions, someone who seems at once too vulgar for the job and just right for it.

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