World Library  
Flag as Inappropriate
Email this Article

Lin Tv

Article Id: WHEBN0017869016
Reproduction Date:

Title: Lin Tv  
Author: World Heritage Encyclopedia
Language: English
Subject: Dayton, Ohio, Portsmouth, Virginia, Knight Ridder, WCMH-TV, Sinclair Broadcast Group, KXTV, List of former UPN affiliates, Houston Cellular, Tony Hulman, Eyewitness News
Collection:
Publisher: World Heritage Encyclopedia
Publication
Date:
 

Lin Tv

LIN Media, LLC
Public
Traded as LIN
Industry Broadcast Television
Television Production
Predecessor(s) LIN Broadcasting
(1961-1994)
LIN TV Corporation
(1994-2013)
Founded 1994[1]
Headquarters Providence, Rhode Island
Area served United States (Nationwide)
Key people Vincent Sadusky, CEO
Products Broadcast television
Revenue Increase $443.5 million USD
Operating income Increase $247.44 million USD
Net income Decrease $274.5 million USD
Employees 2,414 (full-time)
Parent HM Capital Partners (70%) [2]
Subsidiaries Red McCombs Media
Website www.linmedia.com


LIN Media, LLC (five major U.S. television networks. Five of the six remaining stations are affiliated with the syndication service MyNetworkTV and one is a low powered weather station in Indiana.

History

LIN TV's roots trace back to the founding of its former parent, LIN Broadcasting Corporation, in 1961. LIN Broadcasting was engaged in radio, television, direct marketing, information and learning, music publishing, and record labels. LIN takes its initials from three major cities where it originally owned radio stations: Louisville, Indianapolis and Nashville (all located on Interstate 65). The company purchased its first television station, WTVP (now WAND) in Decatur, Illinois, at the end of 1965. It also briefly owned the catalogues of King Records and Starday Records in the early 1970s.

LIN Broadcasting made acquisitions in broadcasting, expanded into paging, and in the early 1980s the company entered the fledgling cellular telephone business. By 1983 the company owned seven television stations and by 1985 it owned and managed cellular telephone licenses serving Dallas, Houston, Los Angeles, New York City, and Philadelphia. LIN Broadcasting sold its paging operations and six of its radio stations in 1986 to help finance the development of its cellular business.

In March 1990, McCaw Cellular Communications purchased a 52% interest in LIN Broadcasting. McCaw was acquired by AT&T in 1994, after which LIN Broadcasting's television operations were spun off as a public company traded on the NASDAQ stock market and 45%-owned by AT&T. The new company, LIN Television Corporation, owned and/or operated 12 stations and its stock price increased at a compounded annual growth rate of 31% between 1994 and 1998. During this period LIN acquired WIVB-TV in Buffalo, New York and WTNH in New Haven, Connecticut.[3]

In March 1998, LIN Television was acquired by Hicks, Muse, Tate & Furst, a leading private investment firm based in Dallas, Texas. At the time of the HMTF acquisition, LIN contributed its Dallas NBC affiliate, KXAS-TV, to a joint venture with the network that also held the San Diego affiliate (KNSD).[4] Under HMTFs ownership, LIN Television has grown considerably through a wide range of transactions:

In June 1999, LIN acquired WOOD-TV in Grand Rapids, Michigan. Former parent LIN Broadcasting had owned the station from 1983 to 1994, when it merged with AT&T. However, LIN TV had continued to operate it.

In August, LIN helped finance the establishment of the now-defunct Banks Broadcasting, a minority-owned television broadcast company in which it held a 50% interest. Banks owned two stations — both of which became CW Television Network affiliates under Banks: KWCV (now KSCW-DT) in Wichita, Kansas and KNIN-TV in Boise, Idaho (the latter has since switched its network affiliation to Fox).

LIN purchased WAPA-TV in San Juan, Puerto Rico in October. In April 2000, LIN acquired WLFI-TV, serving Lafayette, Indiana in exchange for 66% of WAND. LIN continued to provide management oversight for WAND for several years after the swap was completed.

LIN purchased WWLP in Springfield, Massachusetts in 2000. In 2001, LIN acquired WJPX and two satellite facilities in Puerto Rico, and WNLO in Buffalo.

The company exercised and closed on options to purchase WOTV in Battle Creek, Michigan and WVBT in Norfolk, Virginia, both stations that it had already managed, in January 2002.

In February, LIN agreed to acquire seven stations in six markets from STC Broadcasting. The transaction of the stations was completed in May. Also in May, LIN TV Corp. completed the issuance of 19.55 million shares of Class A Common Stock through its Initial Public Offering on the New York Stock Exchange.

In December 2002, LIN TV announced the sale of two television stations in Abilene and San Angelo, Texas. This was followed in January 2004 by the sale of a station in Flint, Michigan.

In late August 2005, LIN purchased several stations from Emmis Communications, the stations purchased were WALA-TV and WBPG (now WFNA) in Mobile, Alabama, WTHI-TV in Terre Haute, Indiana, KRQE in Albuquerque, New Mexico, and WLUK-TV in Green Bay, Wisconsin. In July 2006, LIN announced the planned purchase a second station in New Mexico, KASA-TV, from Raycom Media.

In May, 2006, LIN TV announced the sale of Puerto Rico stations WAPA-TV and WJPX to InterMedia Partners for $130 million.[5]

On May 18, 2007, LIN TV announced that it was exploring strategic alternatives that could result in the sale of the company.[6] In November 2007, LIN TV completed the sale of its share of WAND to Block Communications. With this sale, LIN TV no longer manages the station.

On October 3, 2008, LIN TV's stations were dropped from Time Warner Cable, due to a dispute over "retransmission fees."[7] LIN's stations returned to Time Warner on October 29, 2008.[8]

Also during Fall 2008, LIN TV and Fox Interactive Media developed a new Web CMS platform which would initially host the Web sites of all of the stations owned by LIN TV and those owned by Fox Television Stations. This division would be spun off in 2009 as the independent company Canvas Technology, which would change its name to EndPlay in 2010. With Fox Television Stations abandoning the EndPlay platform in favor of WorldNow during 2012, LIN TV will become EndPlay's largest client, followed by the E. W. Scripps Company (which adopted the EndPlay platform during 2010).

On August 7, 2009, LIN TV introduced mobile TV BlackBerry service on six of its stations, with plans for 27 more stations to be added. The strategy accompanies a 20 percent second-quarter revenue decline at the same time digital revenue has risen 52 percent.[9]

On October 6, 2009, LIN TV acquired RM Media, an online advertising and media services startup based in Austin. RM Media connects targeted audiences with advertisers and publishers based on demographic, psychographic and consumer behaviors to enhance branding and maximize client return on investment. RM Media developed extensive proprietary technology including a consumer- and advertiser-friendly video player, a top 35 comScore display ad network, a highly effective Search Engine Optimization and Search Engine Marketing process, and acquired and integrated two companies that specialize in web development and lead generation, launched two top 100 comScore proprietary websites and services several Fortune 500 clients.[10]

A rebranding to LIN Media was announced on April 13, 2010; although the corporate name remained LIN TV Corporation, the new name emphasized the company's Internet and mobile interests.[11]

On June 4, 2010, LIN TV reached a deal with ACME Communications on a shared services agreement involving ACME and LIN-owned stations in the Green Bay, Dayton, and Albuquerque markets. LIN TV would then provide technical, engineering, promotional, administrative and other operational support services for ACME's CW stations, as well as provide advertising sales services under a related but separate joint sales agreement.[12] This was followed on September 2 by the announcement that LIN would be acquiring two of the ACME stations, WBDT in Dayton, Ohio and WIWB in Green Bay, Wisconsin. WIWB, which has since taken the new calls WCWF, would become owned by LIN outright while WBDT would be technically owned by Vaughan Media but controlled by LIN who would hold an ownership stake in that company. The FCC approved the sales of WBDT and WCWF in April 2011.[13]

On March 4, 2011, LIN TV's contract with Dish Network expired, and all 31 LIN TV affiliated stations were pulled from local Dish Network broadcasts. LIN TV initially demanded a price increase of 140% from Dish Network, a number that skyrocketed to 175% after the contract expired. The channels returned to Dish Network on March 13, 2011.[14]

On May 7, 2012, LIN TV announced that it will acquire the 13 television stations owned by New Vision Television for $330.4 million and the assumption of $12 million in debt. The agreement includes operational control of three stations currently owned by PBC Broadcasting involved in shared service agreements with New Vision-owned stations in three markets. The three PBC-owned stations (KTKA-TV in Topeka, Kansas,[15] WTGS in Savannah, Georgia[16] and WYTV in Youngstown, Ohio[17]) were sold to Vaughan Media, LLC, but are operated by LIN TV under shared service agreements.[18] The transaction was finalized on October 12.[19][20]

On February 13, 2013, LIN TV announced that it will be re-organized into a new company, LIN Media, LLC. Also on that date, LIN pulled out of its Station Venture Operations joint venture with NBCUniversal, giving NBC 100% ownership of KNSD and KXAS-TV. LIN paid NBC around $100 million to allow for the transaction.[21] The re-organization was completed on July 30.[22]

LIN Television's Chief Executive Officer is Vincent L. Sadusky. Sadusky had formerly been LIN's Chief Financial Officer as well as Vice President and treasurer since 2004, and previously was CFO for Telemundo, working closely on its sale to GE/NBC. Sadusky had been interim CEO since former Chairman Gary R. Chapman announced his impending retirement in June 2006, and through the company's search for a permanent replacement. He was officially installed as CEO upon Chapman's official retirement on July 10, 2006.[23]

Stations

Television stations owned and/or operated by LIN

Market Station Callsign Channel
TV/RF
Current Affiliation Acquired Notes
Birmingham, Alabama WIAT 42 (30) CBS 2012
Mobile, Alabama WALA-TV 10 (9) Fox 2005
WFNA 55 (25) The CW 2006 Licensed to Gulf Shores, Alabama. Operated by LIN since 2005. Was WB until Sept. 2006
New Haven, Connecticut WTNH 8 (10) ABC 1994
WCTX 59 (39) MyNetworkTV 2001 Operated by LIN since 1995
Savannah, Georgia WJCL 22 (22) ABC 2012
WTGS 28 (28) Fox 2012
(LMA)
Licensed to Hardeeville, South Carolina
Honolulu, Hawaii KHON-TV 2 (8) Fox 2012
Hilo, Hawaii KHAW-TV 11 (11) Fox 2012 Satellite of KHON
Wailuku, Hawaii KAII-TV 7 (7) Fox 2012 Satellite of KHON
Fort Wayne, Indiana WANE-TV 15 (31) CBS 1984
Indianapolis, Indiana WISH-TV 8 (9) CBS 1984
WNDY-TV 23 (32) MyNetworkTV 2005 Licensed to Marion, Indiana
WIIH-CD 17 (8) Independent 1992 Carries weather information. Was Univision affiliate until 2009. Simulcasted WISH-TV radar until 2003
Lafayette, Indiana WLFI-TV 18 (11) CBS 2000 Obtained in exchange for WAND
Terre Haute, Indiana WTHI-TV 10 (10) CBS
Fox/MyNetworkTV (DT2)
2005
Mason City, Iowa KIMT 3 (42) CBS
MyNetworkTV (DT2)
2012
Topeka, Kansas KSNT 27 (27) NBC 2012
KTMJ-CD 43 (43) Fox 2012
KTKA-TV 49 (49) ABC
CW (on DT2)
2012
(LMA)
Wichita, Kansas KSNW 3 (45) NBC 2012
Great Bend, Kansas KSNC 2 (22) NBC 2012 Satellite of KSNW
Garden City, Kansas KSNG 11 (11) NBC 2012 Satellite of KSNW
McCook, Nebraska KSNK 8 (12) NBC 2012 Satellite of KSNW
Salina, Kansas KSNL-LD 47 (47) NBC 2012 Satellite of KSNW
Springfield, Massachusetts WWLP 22 (11) NBC 2000
WFXQ-CD 28 (28) NBC 2006 repeater of WWLP; future is uncertain
Grand Rapids, Michigan WOOD-TV 8 (7) NBC 1999 Previously owned by LIN Broadcasting 1972–1994
WXSP-CD 15 (15)** MyNetworkTV 2002 ** Also simulcasted on:
  • WOBC-CA 14 Battle Creek
  • WOLP-CA 27 Grand Rapids
  • WOMS-CA 29 Muskegon
  • WOHO-CA 33 Holland
  • WOKZ-CA 50 Kalamazoo
  • WOOD-DT 8.2
Battle Creek, Michigan WOTV 41 (20) ABC 2001 LMA'd by LIN for several years prior; airs TheCoolTV on DT2
Albuquerque, New Mexico KRQE 13 (13) CBS 2005
KASA-TV 2 (27) Fox 2007
Roswell, New Mexico KBIM-TV 10 (10) CBS 2005 Satellite of KRQE
Durango, Colorado KREZ-TV 6 (15) CBS 2005 Satellite of KRQE
Buffalo, New York WIVB-TV 4 (39) CBS 1995
WNLO 23 (32) The CW 2001 Was Independent until 2003; UPN until Sept. 2006
Dayton, Ohio WDTN 2 (50) NBC 2002 Was ABC until 2004
WBDT 26 (26) The CW 2010
(LMA)
Licensed to Springfield, Ohio
Youngstown, Ohio WKBN-TV 27 (41) CBS 2012
WYFX-LD 19 (19) Fox 2012
WYTV 33 (36) ABC
MyNetworkTV (DT2)
2012
(LMA)
Portland, Oregon KOIN 6 (40) CBS 2012
Providence, Rhode Island WPRI-TV 12 (13) CBS 2002
WNAC-TV 64 (12) Fox/
MyNetworkTV (DT2)
2001
(LMA since 2002)
Owned by LIN 2001-02
Austin, Texas KXAN-TV 36 (21) NBC 1979
KNVA 54 (49) The CW 1994
(LMA)
Operated by LIN since the 1990s.
Was WB until Sept. 2006.
Aired MyNetworkTV as a secondary affiliation until October 20, 2009.
KBVO-CD 51 (51) MyNetworkTV 2001 Repeater of KBVO.
Was a standalone Telefutura affiliate ca. 2002-2008. Was a repeater of KNVA 2008-2009
Llano, Texas KBVO 14 (27) MyNetworkTV 1987 Was a semi-satellite of KXAN-TV until 2009
Norfolk, Virginia WAVY-TV 10 (31) NBC 1968 Licensed to Portsmouth, Virginia
WVBT 43 (29) Fox 2002 Operated by LIN since 1995; licensed to Virginia Beach
Green Bay, Wisconsin WLUK-TV 11 (11) Fox 2005
WCWF 14 (21) The CW 2011 Licensed to Suring, Wisconsin; carried the call sign WIWB until September 20, 2010. Operated by LIN since June 2010.
  • KBVO is the only full-service station ever founded by LIN Broadcasting.

Former LIN stations

Market Station Channel Affiliation Owned by LIN Sold To Current Ownership Notes
Decatur, Illinois WAND 17 NBC 1966–2000 Block Communications Block Communications 33% retained by LIN from 2000 to 2007; was ABC until 2005
Wichita, Kansas KAKE-TV 10 ABC 1999–2000 Benedek Broadcasting Gray Television Obtained in a three-way deal with WOWT where it was swapped for WWLP
Colby, Kansas KLBY 4 ABC 1999–2000 Benedek Broadcasting Gray Television Satellite of KAKE-TV
Dodge City, Kansas KUPK-TV 13 ABC 1999–2000 Benedek Broadcasting Gray Television Satellite of KAKE-TV
Bay City-Flint-Saginaw, Michigan WEYI-TV 25 NBC 2002–2004 Barrington Broadcasting Barrington Broadcasting
Omaha, Nebraska WOWT 6 NBC 1999–2000 Benedek Broadcasting Gray Television Obtained in a three-way deal with KAKE where it was swapped for WWLP
Columbus, Ohio WWHO 53 The CW 2005–2012 Manhan Media Manhan Media Controlled by Sinclair-owned WSYX
Toledo, Ohio WUPW 36 Fox 2002–2012 American Spirit Media American Spirit Media Controlled by Raycom-owned WTOL
Abilene, Texas KRBC-TV 9 NBC 2002–2003 Mission Broadcasting Mission Broadcasting Controlled by Nexstar-owned KTAB
Fort Worth-Dallas, Texas KXAS-TV 5 NBC 1975–1998 NBC/Station Venture Operations, LP (NBC O&O) NBCUniversal/NBC Owned Television Stations (NBC O&O) 24% retained by LIN from 1998 to 2013; ex-flagship
San Angelo, Texas KACB-TV 3 NBC 2002–2003 Mission Broadcasting Mission Broadcasting Now KSAN-TV; controlled by Nexstar-owned KLST
San Diego, California KNSD 39 NBC 1997-1998 NBC/Station Venture Operations, LP (NBC O&O) NBCUniversal/NBC Owned Television Stations (NBC O&O) 24% retained by LIN from 1998 to 2013; ex-flagship

LIN also previously owned two stations in San Juan, Puerto Rico and their satellite stations across Puerto Rico; they were sold to InterMedia Partners, L.P. in March 2007. The more notable of the two, WAPA, also has a cable feed called WAPA America which is seen on DirecTV, RCN and several cable systems along the East Coast and in St. Croix.

Station Channel (DT) Affiliation Owned by LIN Notes Currently Owned
WAPA-TV 4 (27) Independent 1998-2007 Satellites Hemisphere Media Group
WJPX 24 (21) MTV/Local 2001-2007 Satellites America CV Network

LIN TV also previously held a 50% share in Banks Broadcasting, which owned two stations:

LIN TV also owned 24% of Station Venture Operations with NBC (and NBCUniversal after 2004)[24] from 1998[4] until 2013;[21] in addition to KXAS-TV, the venture owned KNSD in San Diego. LIN did not manage these stations, and for all intents and purposes they were NBC owned-and-operated stations. Both stations are now wholly owned by NBCUniversal.[21]

References

External links

  • Station Listing
This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and USA.gov, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for USA.gov and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
 
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
 
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.
 


Copyright © World Library Foundation. All rights reserved. eBooks from Project Gutenberg are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.