TMCnet News
The Top 25 M&A Forecast(Broadcasting and Cable Via Thomson Dialog NewsEdge) The climate is cooling for TV station mergers and acquisitions, as recession fears linger and the credit crunch makes financing more costly and difficult to obtain. But there are some warm spots: Election-year advertising is proving solid, and M&A deals still get done. The $1.1 billion sale of eight Fox O&Os to an affiliate of private equity firm Oak Hill Capital Partners changed the landscape. It pushed Fox from first to third in B&C ?s ranking of the Top 25, and made Oak Hill?s Local TV LLC a new member of the Top 25. Lincoln Financial received $583 million in the disposal of three stations to Raycom Media in November, and helped take Raycom from 17th to 15th on the list. ?Stations will sell if they are priced correctly,? says Frank Kalil, president of Kalil & Co., a major TV stations sales broker. ?The chickens are running around crying that the sky is falling, but it?s not true.? These days, the TV station sales market is divided into haves and have-nots. M&A execs say that TV stations with strong local news are still desirable because it?s expected they?ll negotiate improved retransmission fees from cable operators. Such gains flow straight to the bottom line because there?s little associated expense. SMALL MARKETS, BIG MULTIPLESAlso, SNL Kagan indicates TV stations in metro markets No. 76 and under are fetching good prices. Such small-market stations sold in 2007 at an average of a 12.5 multiple of cash flow, which is near a recent high, and SNL Kagan now groups small-station sales near the multiples for bigger-market stations, after lagging in recent years. Audiences are less plugged into the Internet in rural America, making them more dependent on traditional media in small cities, and small-market stations often are not aggressively managed by sellers, so buyers expect more upside. But recession fears and tight credit make financing more difficult to obtain and more costly. ?Prior to five months ago, it was a strong though not overwhelming market for TV stations,? observes Mark Fratrik, VP at BIA Financial Network. ?Until this credit cycle ends?and I don?t see that in 2008?I don?t see a strong market returning.? With higher financing costs, buyers ratchet down their estimates of what stations will earn in future years. That lowers prices they will pay. ?If the macro environment improves next year, it?ll result in a better pricing environment for sellers,? says Robin Flynn, senior analyst at SNL Kagan. That?s not a pipe dream. Many analysts think things will improve in the second half of the year as the Fed floods the financial sector with cheap money. KRON: STILL ON THE BLOCKIn the meantime, the inventory of TV stations for sale piles up or properties are withdrawn. A major-market TV station languishing for a buyer is Young Broadcasting?s KRON San Francisco. Smaller stations not affiliated with a Big Four network are perhaps the weakest segment. Spanish-language broadcaster Equity Media Holdings announced the sale of five small stations April 4 for $8 million, days after alerting its stockholders that it faced a cash crunch. M&A executives expect more forced sales of small stations. Also, some new broadcasting private equity investors ?are just panicked now? and could flood the auction block, said Larry Patrick, media broker at Patrick Communications, speaking at a recent SNL Kagan conference. Sellers often hope deregulation will help them. In December, an FCC rulemaking loosened the newspaper-broadcast cross-ownership ban, but the FCC did not change rules that would allow TV duopolies in smaller markets, which disappointed many broadcasters. And cross-ownership change is in doubt because opponents immediately filed suit. Still, with stations holding on to advertising dollars in the fragmenting media landscape, one broker figures TV stations should always find buyers despite any economic gyrations. Says Kalil, ?When TV stations don?t sell, it?s because of an unrealistic price by the seller and an inept sales effort.? How They Were Ranked The Top 25 Station Groups in B&C 's annual list are ranked according to the percentage of U.S. TV homes they reach. This potential audience reach is calculated in two ways: by total coverage and by FCC rules. Total coverage assumes the station reaches everyone in the Designated Market Area (DMA). The FCC, meanwhile, discounts by half the reach of UHF stations, those using channels 14 and above. B&C ranks groups according to the FCC method but also shows total coverage, an increasingly important measurement in a TV landscape where the vast majority of homes get their broadcast programming via a cable, satellite or telco multichannel provider. If a group owns more than one station in the market, the additional coverage is not counted. BIA Financial Network provides the baseline data for this ranking, with a listing of each group's stations, the affiliate status of those stations and their channels. The station listing includes BIA data for deals announced before March 10; subsequently announced transactions are noted where possible. Each group's list includes wholly owned stations and those run under local marketing agreements and joint sales agreements. Digital stations, low-power stations, satellite stations, translators, and stations with only cable distribution are also left out because their coverage is duplicative. Only groups that own three or more stations are included. That means WRNN License Company LLC, which owns WRNN in the New York DMA and WTVE in the Philadelphia market, is excluded. The company's stations, which cover 7.86% of all TV-homes coverage under FCC rules and a total coverage of 9.16%, would have otherwise ranked No. 18. The rankings also assume that all currently announced deals are completed. As a result, the acquisition of the eight Fox stations by Oak Hill Capital Partners that was announced in December is included in coverage figures for Local TV LLC even though the deal is not expected to close until the third quarter of 2008. This year's rankings include two new companies. Thanks to the Fox deal, Local TV jumps onto the ranking as the 14th largest station group (and Fox falls from first to third). Multicultural Television Broadcasting, which acquired six stations from E.W. Scripps last year, is ranked for the first time at No. 16. Two others fell out of the rankings. The sale of the Clear Channel stations to Newport Television was finally completed in March, bumping Clear Channel off the list. However, Newport Television is selling a number of stations or has put them into a trust, and its remaining stations do not have enough coverage to make the list. Gray Television, which was ranked No. 24 last year, also drops off the rankings. The data for the rankings and listings was compiled from BIA data and company sources by George Winslow during late March. 1. CBS Corp. CBS, CBS A35.65% coverage (FCC) 27 stations 38.64% coverage (total) CBS Corp. 51 W. 52nd St. New York, NY 10019 Phone: 212-975-4321 Website: cbslocal.com ; www.cbscorporation.com SUMNER M. REDSTONE , chairman LESLIE MOONVES , president/CEO TOM KANE , president/CEO, CBS Television Stations Station Market (affiliate, ch.) DMA Coverage FCC% Total% WCBS New York (CBS, 2) 1 6.553 6.553 KCBS Los Angeles (CBS, 2) 2 5.007 5.007 KCAL Los Angeles (Ind., 9) 2 WBBM Chicago (CBS, 2) 3 3.076 3.076 KYW Philadelphia (CBS, 3) 4 2.606 2.606 WPSG Philadelphia (CW, 57) 4 KTVT Dallas-Fort Worth (CBS, 11) 5 2.159 2.159 KTXA Dallas-Fort Worth (Ind., 21) 5 KPIX San Francisco-Oakland-San Jose (CBS, 5) 6 2.145 2.145 KBCW San Francisco-Oakland-San Jose (CW, 44) 6 WBZ Boston (CBS, 4) 7 2.122 2.122 WSBK Boston (Ind., 38) 7 WUPA Atlanta (CW, 69) 8 1.024 2.048 WKBD Detroit (CW, 50) 11 0.8535 1.707 WWJ Detroit (CBS, 62) 11 WTOG Tampa-St Petersburg,-Sarasota (CW, 44) 13 0.791 1.582 KSTW Seattle-Tacoma (CW, 11) 14 1.58 1.58 WCCO Minneapolis-St. Paul (CBS, 4) 15 1.513 1.513 WFOR Miami-Fort Lauderdale (CBS, 4) 16 1.362 1.362 WBFS Miami-Fort Lauderdale (My, 33) 16 KCNC Denver (CBS, 4) 18 1.31 1.31 KOVR Sacramento-Stockton-Modesto (CBS, 13) 20 1.234 1.234 KMAX Sacramento-Stockton-Modesto (CW, 31) 20 KDKA Pittsburgh (CBS, 2) 22 1.027 1.027 WPCW Pittsburgh (CW, 19) 22 WJZ Baltimore (CBS, 13) 24 0.971 0.971 WGNT Norfolk-Portsmouth-Newport News (CW, 27) 42 0.318 0.636 OTHER MEDIA INTERESTS : CBS Television Network; joint venture with Warner Bros. in The CW; Showtime Networks; CSTV Networks; CBS Paramount Network Television; CBS Television Distribution; CBS Radio; CBS Outdoor; Simon & Schuster; CBS Consumer Products; CBS Interactive; CBS Outernet (provider of media channels to retail outlets); CBS Mobile; CBS Records; CBS Home Entertainment; CBS Films. 2. ION Media Networks Private(CIG has 100% of voting stock and control of ION Media Networks) 31.86% coverage (FCC) 53 stations 63.07% coverage (total) 601 Clearwater Park Rd. West Palm Beach, FL 33401 Phone: 561-659-4122 Fax: 561-659-4252 Website: www.ionmedia.tv BRANDON BURGESS , chairman/CEO, ION Media Networks Station Market (affiliate, ch.) DMA Coverage FCC% Total% WPXN New York (ION, 31) 1 3.2765 6.553 KPXN Los Angeles (ION, 30) 2 2.5035 5.007 WCPX Chicago (ION, 38) 3 1.538 3.076 WPPX Philadelphia (ION, 61) 4 1.303 2.606 KPXD Dallas-Fort Worth (ION, 68) 5 1.0795 2.159 KKPX San Francisco-Oakland-San Jose (ION, 65) 6 1.0725 2.145 WBPX Boston (ION, 68) 7 1.061 2.122 WPXA Atlanta (ION, 14) 8 1.024 2.048 WPXW Washington, D.C. (ION, 66) 9 1.023 2.046 KPXB Houston (ION, 49) 10 0.909 1.818 WPXD Detroit (ION, 31) 11 0.8535 1.707 KPPX Phoenix (ION, 51) 12 0.799 1.598 WXPX Tampa-St. Petersburg-Sarasota (ION, 66) 13 0.791 1.582 KWPX Seattle-Tacoma (ION, 33) 14 0.79 1.58 KPXM Minneapolis-St. Paul (ION, 41) 15 0.7565 1.513 WPXM Miami-Fort Lauderdale (ION, 35) 16 0.681 1.362 WVPX Cleveland-Akron (ION, 23) 17 0.68 1.36 KPXC Denver (ION, 59) 18 0.655 1.31 WOPX Orlando-Daytona Beach-Melbourne (ION; 56) 19 0.6355 1.271 KSPX Sacramento-Stockton-Modesto (ION; 29) 20 0.617 1.234 KPXG Portland, Ore. (ION, 22) 23 0.51 1.02 WIPX Indianapolis (ION, 63) 26 0.475 0.95 WRPX Raleigh-Durham (ION, 47) 28 0.461 0.922 WFPX Raleigh-Durham (ION, 62) 28 WHPX Hartford-New Haven (ION, 26) 29 0.4465 0.893 WNPX Nashville, Tenn. (ION, 28) 30 0.4285 0.857 KPXE Kansas City, Kan.-Mo. (ION, 50) 31 0.411 0.822 WPXE Milwaukee (ION, 55) 34 0.395 0.79 KUPX Salt Lake City (ION, 16) 35 0.3875 0.775 KPXL San Antonio (ION, 26) 37 0.3515 0.703 WPXP West Palm Beach-Fort Pierce (ION, 67) 38 0.3435 0.687 WZPX Grand Rapids-Kalamazoo-Battle Creek (ION, 43) 39 0.328 0.656 WPXH Birmingham, Ala. (ION, 44) 40 0.324 0.648 WPXV Norfolk-Portsmouth-Newport News (ION, 49) 42 0.318 0.636 KOPX Oklahoma City (ION, 62) 45 0.3 0.6 WGPX Greensboro-High Point-Winston-Salem (ION, 16) 46 0.298 0.596 WPXX Memphis (My, 50) 47 0.296 0.592 WPXC Jacksonville (ION, 21) 49 0.2905 0.581 WPXJ Buffalo, N.Y. (ION, 51) 50 0.282 0.564 WPXQ Providence, R.I.-New Bedford, Mass. (ION, 69) 52 0.278 0.556 WPXL New Orleans (ION, 49) 53 0.266 0.532 WQPX Wilkes Barre-Scranton (ION, 64) 54 0.2625 0.525 WYPX Albany-Schenectady-Troy (ION, 50) 56 0.491 0.491 WPXK Knoxville (ION, 54) 58 0.237 0.474 KTPX Tulsa (ION, 44) 60 0.2305 0.461 WUPX Lexington, Ky. (ION, 67) 63 0.2175 0.435 WLPX Charleston-Huntington, W. Va. (ION, 29) 65 0.2115 0.423 KFPX Des Moines-Ames, Iowa (ION, 39) 71 0.1885 0.377 KGPX Spokane (ION, 34) 77 0.179 0.358 WSPX Syracuse (ION, 56) 80 0.1715 0.343 KPXR Cedar Rapids-Waterloo-Iowa City (ION, 48) 87 0.1505 0.301 WEPX Greenville-New Bern, N.C. (ION, 38) 105 0.1225 0.245 WTPX Wausau-Rhinelander, Wis. (ION, 46) 134 0.162 0.162 OTHER MEDIA INTERESTS : ION Television; low-power TV stations; ION Life digital network; 51% interest in kids' TV network, Qubo. 3. Fox Television Stations NWS(subsidiary of News Corp. Ltd.) 31.36% coverage (FCC) 27 stations 37.34% coverage (total) 1211 Avenue of the Americas, 21st Floor New York, NY 10036 Phone: 212-301-5400 Website: www.newscorp.com K. RUPERT MURDOCH , chairman, News Corp. ROGER AILES , chairman/CEO, Fox News; chairman, Fox Television Stations; chairman, Twentieth Television JACK ABERNETHY , CEO, Fox Television Stations DENNIS SWANSON , president, Fox Television Station Operations Station Market (affiliate, ch.) DMA Coverage FCC% Total% WNYW New York (Fox, 5) 1 6.553 6.553 WWOR New York (My, 9) 1 KTTV Los Angeles (Fox, 11) 2 5.007 5.007 KCOP Los Angeles (My, 13) 2 WFLD Chicago (Fox, 32) 3 1.538 3.076 WPWR Chicago (My, 50) 3 WTXF Philadelphia (Fox, 29) 4 1.303 2.606 KDFW Dallas-Fort Worth (Fox, 4) 5 2.159 2.159 KDFI Dallas-Fort Worth (My, 27) 5 WFXT Boston (Fox, 25) 7 1.061 2.122 WAGA Atlanta (Fox, 5) 8 2.048 2.048 WTTG Washington, D.C. (Fox, 5) 9 2.046 2.046 WDCA Washington (My, 20) 9 KTXH Houston (My, 20) 10 0.909 1.818 KRIV Houston (Fox, 26) 10 WJBK Detroit (Fox, 2) 11 1.707 1.707 KSAZ Phoenix (Fox, 10) 12 1.598 1.598 KUTP Phoenix (My, 45) 12 WTVT Tampa-St Petersburg-Sarasota (Fox, 13) 13 1.582 1.582 KMSP Minneapolis-St. Paul (Fox, 9) 15 1.513 1.513 WFTC Minneapolis-St. Paul (My, 29) 15 WJW Cleveland-Akron, Ohio (Fox, 8) 17 1.381 1.381 WOFL Orlando-Daytona Beach-Melbourne (Fox, 35) 19 0.6355 1.271 WRBW Orlando-Daytona Beach-Melbourne (My, 65) 19 WUTB Baltimore (My, 24) 24 0.4855 0.971 WHBQ Memphis (Fox, 13) 47 0.592 0.592 KTBC Austin, Tex. (Fox, 7) 51 0.564 0.564 WOGX Gainesville, Fla. (Fox, 51) 162 0.0545 0.109 OTHER MEDIA INTERESTS : Fox Broadcasting Co.; MyNetworkTV; Fox Filmed Entertainment; Fox Television Studios; 20th Century Fox Television; Twentieth Television; 20th Century Fox; cable channels including Fox News Channel, Fox Movie Channel, FX, Speed, Fox College Sports, Fox Reality, Fuel TV, Fox Sports en Espa?ol, Fox Sports Net, Fox Soccer Channel, Fox Business Network, regional sports networks, 50% of National Geographic Channel; largest shareholder in Gemstar TV Guide International; international DTH platforms (BSkyB, Star TV, etc.); largest English-language newspaper publisher with properties in Australia, U.K. and the U.S., where it owns Dow Jones and The Wall Street Journal; HarperCollins and other book imprints; Web incubator Slingshot Labs; largest investor in digital pay-TV equipment and software vendor NDS; MySpace.com; Fox Interactive Media; Intermix; ign.com; Fox.com; WSJ.com; Stats.com (joint venture with The Associated Press); Hulu.com (joint venture with NBC Universal; Providence Equity Partners has made a $100 million investment); numerous other Websites tied to channels and newspapers. 4. NBC Universal GE(subsidiary of 80% owner General Electric; 20% owned by Vivendi Universal) 30.41% coverage (FCC) 25 stations 35.86% coverage (total) 30 Rockefeller Plaza New York, NY 10112 Phone: 212-664-4444 Fax: 212-664-4085 Website: www.nbc.com JEFFREY IMMELT , chairman/CEO, GE BOB WRIGHT , vice chairman, General Electric JEFF ZUCKER , president/CEO, NBC Universal JOHN WALLACE , president, NBC Owned & Operated Television Stations Station Market (affiliate, ch.) DMA Coverage FCC% Total% WNBC New York (NBC, 4) 1 6.553 6.553 WNJU New York (Tel, 47) 1 KNBC Los Angeles (NBC, 4) 2 5.007 5.007 KWHY Los Angeles (Tel, 22) 2 KVEA Los Angeles (Tel, 52) 2 WMAQ Chicago (NBC, 5) 3 3.076 3.076 WSNS Chicago, (Tel, 44) 3 WCAU Philadelphia (NBC, 10) 4 2.606 2.606 KXAS Dallas-Fort Worth (NBC, 5) 5 2.159 2.159 KXTX Dallas-Fort Worth (Tel, 39) 5 KNTV San Francisco-Oakland-San Jose (NBC, 11) 6 2.145 2.145 KSTS San Francisco-Oakland-San Jose (Tel, 48) 6 WNEU Boston (Tel, 60) 7 1.061 2.122 WRC Washington, D.C. (NBC, 4) 9 2.046 2.046 KTMD Houston (Tel, 47) 10 0.909 1.818 KTAZ Phoenix (Tel, 39) 12 0.799 1.598 WTVJ* Miami-Fort Lauderdale (NBC, 6) 16 1.362 1.362 WSCV Miami-Fort Lauderdale (Tel, 51) 16 KDEN Denver (Tel, 25) 18 0.655 1.31 KNSD San Diego (NBC, 39) 27 0.466 0.932 WVIT* Hartford-New Haven (NBC, 30) 29 0.4465 0.893 KVDA San Antonio (Tel, 60) 37 0.3515 0.703 KBLR Las Vegas (Tel, 39) 43 0.3135 0.627 KNSO Fresno-Visalia (Tel, 51) 55 0.252 0.504 KHRR Tucson (Tel, 40) 68 0.198 0.396 *NBC Universal has announced it intends to sell these stations. OTHER MEDIA INTERESTS : NBC TV Network; Spanish-language Telemundo network; Universal Media Studios; NBC Universal Television Distribution; Universal Pictures; Universal Studios Home Entertainment; cable channels Bravo, Sci Fi Channel, USA Networks, Oxygen Media, Universal HD, CNBC, NBC Weather Plus, Chiller, Sleuth, MSNBC (with Microsoft), A&E Television Networks (joint venture with Disney and Hearst), Sundance Channel (venture with Showtime Networks and Robert Redford), mun2, Telemundo International and international channels; GE Equity and NBC Universal own 37% of ShopNBC; Universal Parks and Resorts; NBC Universal Digital Media; Hulu.com (venture with News Corp.; Providence Equity Partners has $100 million investment); iVillage.com; many Websites tied to channels and products. 5. Tribune Co. Private(Tribune Employee Stock Ownership Plan owns 100%; EGI-TRB, an entity run by Sam Zell, invested $315 million in the $8.2 billion buyout, which closed on Dec. 20, 2007, and has a warrant allowing Zell to purchase 40% of the company's common equity) 27.53% coverage (FCC) 23 stations 35.48% coverage (total) 435 N. Michigan Ave. Chicago, IL 60611 Phone: 312-222-3333 Fax: 312-329-0611 Website: www.tribune.com SAM ZELL , chairman/CEO, Tribune Co. RANDY MICHAELS , executive VP, Tribune Co.; CEO, Tribune Interactive and Broadcasting GERALD SPECTOR , executive VP/chief administrative officer, Tribune Co. ED WILSON , president, Tribune Broadcasting Station Market (affiliate, ch.) DMA Coverage FCC% Total% WPIX New York (CW, 11) 1 6.553 6.553 KTLA Los Angeles (CW, 5) 2 5.007 5.007 WGN Chicago (CW, 9) 3 3.076 3.076 WPHL Philadelphia (My, 17) 4 1.303 2.606 KDAF Dallas-Fort Worth (CW, 33) 5 1.0795 2.159 WDCW Washington (CW, 50) 9 1.023 2.046 KHCW Houston (CW, 39) 10 0.909 1.818 KCPQ Seattle-Tacoma (Fox, 13) 14 1.58 1.58 KMYQ Seattle-Tacoma (My, 22) 14 WSFL Miami-Fort Lauderdale (CW, 39) 16 0.681 1.362 KWGN Denver (CW, 2) 18 1.31 1.31 KTXL Sacramento-Stockton-Modesto (Fox, 40) 20 0.617 1.234 KPLR St. Louis (CW, 11) 21 1.103 1.103 KRCW Portland, Ore. (CW, 32) 23 0.51 1.02 WTTV Indianapolis (CW, 4) 26 0.95 0.95 WXIN Indianapolis (Fox, 59) 26 KSWB? San Diego (CW, 69) 27 0.466 0.932 WTXX Hartford-New Haven (CW, 20) 29 0.4465 0.893 WTIC Hartford-New Haven. (Fox, 61) 29 WXMI Grand Rapids-Kalamazoo (Fox, 17) 39 0.328 0.656 WPMT Harrisburg-Lancaster-Lebanon, Pa. (Fox, 43) 41 0.321 0.642 WGNO New Orleans (ABC, 26) 53 0.266 0.532 WNOL New Orleans (CW, 38) 53 ?Will change affiliation from CW to Fox in August OTHER MEDIA INTERESTS : 9 metro English-language daily newspapers (including the Chicago Tribune and Los Angeles Times); free-distribution newspapers RedEye and amNewYork; Spanish-language newspapers Hoy in Los Angeles and Chicago and El Sentinel in Orlando and South Florida; Tribune Entertainment; Tribune Media Services; CLTV Chicago cable news channel; WGN-AM in Chicago; Superstation WGN; Food Network (minority stake); Tribune Interactive; has more than 50 Websites including CareerBuilder (41%); Classified Ventures (28%), which owns Apartments.com and Cars.com; ShopLocal (43%); Topix.net (34%); and ForSalesByOwner.com. Plans to complete the sale of the Chicago Cubs, Wrigley Field and related real estate, and its 25% stake in Comcast SportsNet Chicago in the first half of 2008. 6. ABC TV Stations Group DIS(subsidiary of Walt Disney Co.) 23.17% coverage (FCC) 10 stations 23.42% coverage (total) 77 W. 66th St. New York, NY 10023 Phone: 212-456-7777 Website: www.abc.com ROBERT IGER , president/CEO, Disney WALTER LISS , president, ABC Owned Television Stations Station Market (affiliate, ch.) DMA Coverage FCC% Total% WABC New York (ABC, 7) 1 6.553 6.553 KABC Los Angeles (ABC, 7) 2 5.007 5.007 WLS Chicago (ABC, 7) 3 3.076 3.076 WPVI Philadelphia (ABC, 6) 4 2.606 2.606 KGO San Francisco-Oakland-San Jose (ABC, 7) 6 2.145 2.145 KTRK Houston (ABC, 13) 10 1.818 1.818 WTVD Raleigh-Durham (ABC, 11) 28 0.922 0.922 KFSN Fresno-Visalia (ABC, 30) 55 0.252 0.504 WJRT Flint-Saginaw-Bay City (ABC, 12) 66 0.417 0.417 WTVG Toledo (ABC, 13) 72 0.376 0.376 OTHER MEDIA INTERESTS : ABC Television Network; ABC Entertainment TV Group (production and primetime development); Walt Disney Television Animation; ABC Studios; Disney-ABC Domestic Television Distribution; Disney-ABC Television International; cable networks: Disney Channel, Toon Disney, ABC Family, SOAPnet, Jetix; 80% of ESPN, 50% of Lifetime Television (with Hearst Corp.), A&E Television Networks (joint venture with NBC and Hearst); international channels; ABC News Radio; Radio Disney; Walt Disney Pictures; Touchstone Pictures; Miramax Films; Buena Vista Motion Picture Group; Walt Disney Studios Home Entertainment; Walt Disney Parks and Resorts; Disney Consumer Products; Disney Publishing Worldwide; Hyperion Books; Walt Disney Internet Group; ABC News Digital Media Group; ABCNews.com; live and on-demand broadband news channel ABC News Now; new-media content studio Stage 9 Digital Media. 7. Univision(owned by an investor group including Madison Dearborn Partners, Providence Equity Partners, Saban Capital Group, Thomas H. Lee Partners and TPG) 22.97% coverage (FCC) 37 stations 43.96% coverage (total) 605 Third Ave. New York, NY 10158 Phone: 212-455-5200 Website: www.univision.net JOE UVA , CEO RAY RODRIGUEZ , president/COO Station Market (affiliate, ch.) DMA Coverage FCC% Total% WXTV New York (Uni, 41) 1 3.2765 6.553 WFUT New York (Tlf, 68) 1 KMEX Los Angeles (Uni, 34) 2 2.5035 5.007 KFTR Los Angeles (Tlf, 46) 2 WXFT Chicago (Tlf, 60) 3 1.538 3.076 WGBO Chicago (Uni, 66) 3 WUVP Philadelphia (Uni, 65) 4 1.303 2.606 KUVN Dallas-Fort Worth (Uni, 23) 5 1.0795 2.159 KSTR Dallas-Fort Worth (Tlf, 49) 5 KDTV San Francisco-Oakland-San Jose (Uni, 14) 6 1.0725 2.145 KFSF San Francisco-Oakland-San Jose (Tlf, 66) 6 WUTF Boston (Tlf, 66) 7 1.061 2.122 WUVG Atlanta (Uni, 34) 8 1.024 2.048 WFDC Washington, D.C. (Uni, 14) 9 1.023 2.046 KXLN Houston (Uni, 45) 10 0.909 1.818 KFTH Houston (Tlf, 67) 10 KFPH Phoenix (Tlf, 13) 12 1.598 1.598 KTVW Phoenix (Uni, 33) 12 WFTT Tampa-St. Petersburg-Sarasota (Tlf, 50) 13 0.791 1.582 WLTV Miami-Fort Lauderdale (Uni, 23) 16 0.681 1.362 WAMI Miami-Fort Lauderdale (Tlf, 69) 16 WQHS Cleveland-Akron (Uni, 61) 17 0.68 1.36 KTFD Denver (Tlf, 14) 18 0.655 1.31 WOTF Orlando-Daytona Beach-Melbourne (Tlf, 43) 19 0.6355 1.271 KUVS Sacramento-Stockton-Modesto (Uni, 19) 20 0.617 1.234 KTFK Sacramento-Stockton-Modesto (Tlf, 64) 20 WUVC Raleigh-Durham (Uni, 40) 28 0.461 0.922 KUTH Salt Lake City (Uni, 32) 35 0.3875 0.775 KWEX San Antonio (Uni, 41) 37 0.3515 0.703 KTFQ Albuquerque-Santa Fe (Tlf, 14) 44 0.3005 0.601 KNIC Austin, Texas (Tlf, 17) 51 0.282 0.564 KAKW Austin, Texas (Uni, 62) 51 KFTV Fresno-Visalia (Uni, 21) 55 0.252 0.504 KTFF Fresno-Visalia (Tlf, 61) 55 KFTU Tucson (Tlf, 3) 68 0.396 0.396 KUVE Tucson (Uni, 46) 68 KUVI Bakersfield, Calif. (My, 45) 125 0.0965 0.193 OTHER MEDIA INTERESTS : Univision and TeleFutura broadcast networks; Galavisi?n cable network; Univision Radio, which owns and/or operates 69 radio stations in 16 of the top 25 U.S. Hispanic markets and four stations in Puerto Rico; Univision Music Group (the largest Latin music operation in the U.S., with labels such as Univision Records, Fonovisa Records, La Calle Records, Disa Records); Univision Online; Univision.com; TuTV (50/50 joint venture with Televisa that owns five Hispanic-targeted cable and satellite networks in the U.S.). 8. Trinity Broadcasting Network Private17.89% coverage (FCC) 24 stations 35.19% coverage (total) 2442 Michelle Drive Tustin, CA 92780 Phone: 714-832-2950 Fax: 714-665-2191 Website: www.tbn.org PAUL F. CROUCH , president PAUL F. CROUCH Jr. , chief of staff RUTH BROWN , CFO Station Market (affiliate, ch.) DMA Coverage FCC% Total% WTBY New York (TBN, 54) 1 3.2765 6.553 KTBN Los Angeles (TBN, 40) 2 2.5035 5.007 WWTO Chicago (TBN, 35) 3 1.538 3.076 WGTW Philadelphia (TBN, 48) 4 1.303 2.606 KDTX Dallas-Fort Worth (TBN, 58) 5 1.0795 2.159 WHSG Atlanta (TBN, 63) 8 1.024 2.048 KPAZ Phoenix (TBN, 21) 12 0.799 1.598 KTBW Seattle-Tacoma (TBN, 20) 14 0.79 1.58 WHFT Miami-Fort Lauderdale (TBN, 45) 16 0.681 1.362 WDLI Cleveland-Akron (TBN, 17) 17 0.68 1.36 WHLV Orlando-Daytona Beach-Melbourne (Ind., 52) 19 0.6355 1.271 WCLJ Indianapolis (Ind., 42) 26 0.475 0.95 WPGD Nashville (TBN, 50) 30 0.4285 0.857 WTJP Birmingham, Ala. (TBN, 60) 40 0.324 0.648 KNAT Albuquerque-Santa Fe (Ind., 23) 44 0.3005 0.601 KTBO Oklahoma City (TBN, 14) 45 0.6 0.6 WBUY Memphis (Ind., 40) 47 0.296 0.592 KDOR Tulsa (TBN, 17) 60 0.2305 0.461 WMPV Mobile, Ala.-Pensacola, Fla. (Ind., 21) 61 0.2295 0.459 WKOI Dayton (TBN, 43) 62 0.2265 0.453 KAAH Honolulu (TBN, 26) 73 0.188 0.376 WELF Chattanooga (TBN, 23) 86 0.157 0.314 WMCF Montgomery, Ala. (TBN, 45) 118 0.108 0.216 KTAJ St. Joseph, Mo. (TBN, 16) 201 0.0205 0.041 OTHER MEDIA INTERESTS : more than 240 low-power TV stations; cable channels TBN, The Church Channel, TBN Enlace USA, JCTV, TBN Europe, TBN Africa, TBN Asia-South Pacific; Trinity Christian Center International; Trinity Music City USA; International Production Center; TBN Films; Smile of a Child; TBN Radio Paradise; KTBN short-wave radio; Holyland Experience Theme Park in Orlando 9. Gannett Broadcasting GCI16.44% coverage (FCC) 21 stations 16.61% coverage (total) 7950 Jones Branch Drive McLean, VA 22107 Phone: 703-854-6000 Fax: 703-854-2002 Website: www.gannett.com CRAIG A. DUBOW , chairman/president/CEO, Gannett Co. Inc. DAVID LOUGEE , president, Gannett Broadcasting Station Market (affiliate, ch.) DMA Coverage FCC% Total% WXIA Atlanta (NBC, 11) 8 2.048 2.048 WATL Atlanta (My, 36) 8 WUSA Washington, D.C. (CBS, 9) 9 2.046 2.046 KPNX Phoenix (NBC, 12) 12 1.598 1.598 KARE Minneapolis-St. Paul (NBC, 11) 15 1.513 1.513 WKYC Cleveland-Akron (NBC, 3) 17 1.36 1.36 KUSA Denver (NBC, 9) 18 1.31 1.31 KTVD Denver (My, 20) 18 KXTV Sacramento-Stockton-Modesto (ABC, 10) 20 1.234 1.234 KSDK St. Louis (NBC, 5) 21 1.103 1.103 WZZM Grand Rapids-Kalamazoo (ABC, 13) 39 0.656 0.656 WFMY Greensboro-High Pt.-Winston-Salem (CBS, 2) 46 0.596 0.596 WTLV Jacksonville (NBC, 12) 49 0.581 0.581 WJXX Jacksonville (ABC, 25) 49 WGRZ Buffalo (NBC, 2) 50 0.564 0.564 KTHV Little Rock-Pine Bluff (CBS, 11) 57 0.49 0.49 WBIR Knoxville (NBC, 10) 58 0.474 0.474 WCSH Portland-Auburn, Maine (NBC, 6) 76 0.361 0.361 WLTX Columbia, S.C. (CBS, 19) 81 0.17 0.34 WMAZ Macon, Ga. (CBS, 13) 121 0.208 0.208 WLBZ Bangor, Maine (NBC, 2) 152 0.127 0.127 OTHER MEDIA INTERESTS : Captivate, an elevator-based video advertising network; 85 daily U.S. newspapers, including USA Today and USA Weekend; nearly 1,000 non-daily publications; U.K.-based Newsquest PLC, which owns 17 daily newspapers and 300 non-daily publications; Career Builder.com (40.8%); Classified Ventures (23.6%); ShopLocal.com (42.5%); Topix.net (33.7%); Shermans Travel (17.9%); mobile information service 4INFO (minority interest); rich-media firm PointRoll; digital action sports-channel provider X.com; online search and advertising technology provider Planet Discovery; local entertainment Website company Metromix (joint venture with Tribune); Schedule Star (controlling interest), which operates HighSchoolSports.net; USAToday.com and many other Websites linked to TV stations and newspapers. 10. Hearst-Argyle Television Inc. HTV(75.8% owned by privately held Hearst Corp.) 15.28% coverage (FCC) 27 stations 15.85% coverage (total) 888 Seventh Ave. New York, NY 10106 Phone: 212-887-6800 Fax: 212-887-6875 Website: www.hearstargyle.com VICTOR GANZI , president/CEO, Hearst Corp.; chairman, Hearst-Argyle Television DAVID BARRETT , president/CEO, Hearst-Argyle Television Station Market (affiliate, ch.) DMA Coverage FCC% Total% WCVB Boston (ABC, 5) 7 2.122 2.122 WMUR Boston (ABC, 9) 7 WESH Orlando-Daytona Beach-Melbourne (NBC, 2) 19 1.271 1.271 WKCF Orlando-Daytona Beach-Melbourne (CW, 18) 19 KCRA Sacramento-Stockton-Modesto (NBC, 3) 20 1.234 1.234 KQCA Sacramento-Stockton-Modesto (My, 58) 20 WTAE Pittsburgh (ABC, 4) 22 1.027 1.027 WBAL Baltimore (NBC, 11) 24 0.971 0.971 KMBC Kansas City, Kan.-Mo. (ABC, 9) 31 0.822 0.822 KCWE Kansas City, Kan.-Mo. (CW, 29) 31 WLWT Cincinnati (NBC, 5) 33 0.802 0.802 WISN Milwaukee (ABC, 12) 34 0.79 0.79 WYFF Greenville-Spartanburg-Asheville (NBC, 4) 36 0.743 0.743 WGAL Harrisburg-Lancaster-Lebanon, Pa. (NBC, 8) 41 0.642 0.642 KOAT Albuquerque-Santa Fe (ABC, 7) 44 0.601 0.601 KOCO Oklahoma City (ABC, 5) 45 0.6 0.6 WXII Greensboro-High Pt.-Winston-Salem (NBC, 12) 46 0.596 0.596 WLKY Louisville, Ky. (CBS, 32) 48 0.2915 0.583 WDSU New Orleans (NBC, 6) 53 0.532 0.532 KCCI Des Moines-Ames, Iowa (CBS, 8) 71 0.377 0.377 KITV Honolulu (ABC, 4) 73 0.376 0.376 KETV Omaha (ABC, 7) 75 0.361 0.361 WMTW Portland-Auburn, Maine (ABC, 8) 76 0.361 0.361 WAPT Jackson, Miss. (ABC, 16) 90 0.148 0.296 WPTZ Burlington, Vt.-Plattsburgh, N.Y. (NBC, 5) 92 0.291 0.291 KHBS Fort Smith-Fayetteville-Springdale (ABC, 40) 102 0.128 0.256 KSBW Monterey-Salinas, Calif. (NBC, 8) 124 0.198 0.198 OTHER MEDIA INTERESTS : Two radio stations; 14 digital simulcast channels; approximately 24% of Internet Broadcasting Systems Inc. (site developer). Parent Hearst Corp. owns: Hearst Entertainment: Lifetime Entertainment Services (50/50 joint venture with Disney); NE England Cable News (joint venture with Comcast); 20% of ESPN; A&E Television Networks (joint venture with NBC and Disney); Cosmopolitan Television, which has cable networks in Spain and Latin America; 12 daily newspapers; 19 U.S. magazines, including Esquire, Town & Country, Good Housekeeping, Harper's Bazaar, Cosmopolitan and more than 200 international editions; King Features; many Websites tied to newspapers, television stations and magazines, and a variety of investments and partnerships in interactive media. 11. Belo Corp. BLC13.47% coverage (FCC) 21 stations 14.24% coverage (total) 400 S. Record St. Dallas, TX 75202-4841 Phone: 214-977-6606 Fax: 214-977-6603 Website: www.belo.com ROBERT W. DECHERD , chairman DUNIA SHIVE , president, CEO PETER DIAZ , executive VP, television operations Station Market (affiliate, ch.) DMA Coverage FCC% Total% WFAA Dallas-Fort Worth (ABC, 8) 5 2.159 2.159 KHOU Houston (CBS, 11) 10 1.818 1.818 KTVK Phoenix (Ind., 3) 12 1.598 1.598 KASW Phoenix (CW, 61) 12 KING Seattle-Tacoma (NBC, 5) 14 1.58 1.58 KONG Seattle-Tacoma (Ind., 16) 14 KMOV St. Louis (CBS, 4) 21 1.103 1.103 KGW Portland, Ore. (NBC, 8) 23 1.02 1.02 WCNC Charlotte, N.C. (NBC, 36) 25 0.481 0.962 KCWX** San Antonio (CW, 2) 37 0.703 0.703 KENS San Antonio (CBS, 5) 37 WVEC Norfolk-Portsmouth-Newport News (ABC, 13) 42 0.636 0.636 WHAS Louisville, Ky. (ABC, 11) 48 0.583 0.583 KVUE Austin, Texas (ABC, 24) 51 0.282 0.564 WWL New Orleans (CBS, 4) 53 0.532 0.532 WUPL New Orleans (My, 54) 53 KMSB Tucson (Fox, 11) 68 0.396 0.396 KTTU Tucson (My, 18) 68 KREM Spokane (CBS, 2) 77 0.358 0.358 KSKN Spokane (CW, 22) 77 KTVB Boise (NBC, 7) 113 0.223 0.223 **Lease management agreement OTHER MEDIA INTERESTS : Low-power TV stations; owns three cable news channels, including NorthWest Cable News and Texas Cable News; operates four other cable news channels in partnership with Cox Communications; many Websites affiliated with TV properties. In 2008, newspaper and TV operations were split into two companies and A.H. Belo, which owns such newspapers as the Dallas Morning News, Providence Journal, The Press-Enterprise (Riverside, Calif.) and Denton (Texas) Record-Chronicle, is now a separately traded company. 12. Sinclair Broadcast Group SBGI12.34% coverage (FCC) 55 stations 21.60% coverage (total) 10706 Beaver Dam Rd. Hunt Valley, MD 21030 Phone: 410-568-1500 Fax: 410-568-1533 Website: www.sbgi.net DAVID D. SMITH , president/CEO STEVEN M. MARKS , COO, television Station Market (affiliate, ch.) DMA Coverage FCC% Total% WTTA Tampa-St Petersburg-Sarasota (My, 38) 13 0.791 1.582 WUCW Minneapolis-St. Paul (CW, 23) 15 0.7565 1.513 KDNL St. Louis (ABC, 30) 21 0.5515 1.103 WPMY Pittsburgh (My, 22) 22 0.5135 1.027 WPGH Pittsburgh (Fox, 53) 22 WBFF Baltimore (Fox, 45) 24 0.4855 0.971 WNUV** Baltimore (CW, 54) 24 WLFL Raleigh-Durham (CW, 22) 28 0.461 0.922 WRDC Raleigh-Durham (My, 28) 28 WZTV Nashville (Fox, 17) 30 0.4285 0.857 WUXP Nashville (My, 30) 30 WNAB** Nashville (CW, 58) 30 WSYX Columbus, Ohio (ABC, 6) 32 0.803 0.803 WTTE** Columbus, Ohio (Fox, 28) 32 WSTR Cincinnati (My, 64) 33 0.401 0.802 WVTV Milwaukee (CW, 18) 34 0.395 0.79 WCGV Milwaukee (My, 24) 34 WLOS Greenville-Spartanburg-Asheville (ABC, 13) 36 0.743 0.743 WMYA** Greenville-Spartanburg-Asheville (My, 40) 36 KABB San Antonio (Fox, 29) 37 0.3515 0.703 KMYS San Antonio (My, 35) 37 WTTO Birmingham, Ala. (CW, 21) 40 0.324 0.648 WABM Birmingham, Ala. (My, 68) 40 WTVZ Norfolk-Portsmouth-Newport News (My, 33) 42 0.318 0.636 KVMY Las Vegas (My, 21) 43 0.3135 0.627 KVCW Las Vegas (CW, 33) 43 KOKH Oklahoma City (Fox, 25) 45 0.3 0.6 KOCB Oklahoma City (CW, 34) 45 WXLV Greensboro-High Pt.-Winston-Salem (ABC, 45) 46 0.298 0.596 WMYV Greensboro-High Pt.-Winston-Salem (My, 48) 46 WUTV Buffalo (Fox, 29) 50 0.282 0.564 WNYO Buffalo (My, 49) 50 WRLH Richmond-Petersburg, Va. (Fox, 35) 59 0.2335 0.467 WEAR Mobile, Ala.-Pensacola, Fla. (ABC, 3) 61 0.459 0.459 WFGX Mobile, Ala.-Pensacola, Fla. (My, 35) 61 WKEF Dayton (ABC, 22) 62 0.2265 0.453 WRGT** Dayton (Fox, 45) 62 WDKY Lexington, Ky. (Fox, 56) 64 0.2175 0.435 WCHS Charleston-Huntington, W. Va. (ABC, 8) 65 0.423 0.423 WVAH** Charleston-Huntington, W. Va. (Fox, 11) 100 WSMH Flint-Saginaw-Bay City, Mich. (Fox, 66) 66 0.2085 0.417 KDSM Des Moines-Ames, Iowa (Fox, 17) 71 0.1885 0.377 WGME Portland-Auburn, Maine (CBS, 13) 76 0.361 0.361 WUHF Rochester, N.Y. (Fox, 31) 78 0.174 0.348 KBSI Paducah, Ky.-Cape Girardeau, Mo. (Fox, 23) 79 0.173 0.346 WNTS** Syracuse (My, 43) 80 0.1715 0.343 WSYT Syracuse (Fox, 68) 80 WICS Champaign-Springfield-Decatur, Ill. (ABC, 20) 84 0.168 0.336 WMSN Madison, Wis. (Fox, 47) 85 0.1655 0.331 KGAN Cedar Rapids-Waterloo-Iowa City (CBS, 2) 87 0.301 0.301 KFXA*** Cedar Rapids-Waterloo-Iowa City (Fox, 28) 87 WTAT** Charleston, S.C. (Fox, 24) 100 0.1305 0.261 WMMP Charleston, S.C. (My, 36) 100 WTWC Tallahassee, Fla.-Thomasville, Ga. (NBC, 40) 108 0.1185 0.237 WYZZ Peoria-Bloomington, Ill. (Fox, 43) 117 0.108 0.216 ** Leased management agreement ***KFXA currently operated by Sinclair under joint sales agrement, but Sinclair is awaiting FCC approval to fully acquire the license. OTHER MEDIA INTERESTS : Equity interests in TV broadcast equipment manufacturer Acrodyne Industries; Sinclair Ventures has equity interests in companies such as G.1440, Jadoo Power Systems and VisionAir. 13. Cox Enterprises Private10.24% coverage (FCC) 15 stations 10.37% coverage (total) 6205 Peachtree Dunwoody Rd. Atlanta, GA 30328 Phone: 678-645-0000 Fax: 678-678-0079 Website: www.coxenterprises.com JAMES C. KENNEDY , chairman/CEO, Cox Enterprises JIMMY W. HAYES , president/COO, Cox Enterprises PATRICK J. ESSER , president, Cox Communications ANDREW S. FISHER , president, Cox Television BRUCE R. BAKER , executive VP, Cox Television Station Market (affiliate, ch.) DMA Coverage FCC% Total% KTVU San Francisco-Oakland-San Jose (Fox, 2) 6 2.145 2.145 KICU San Francisco-Oakland-San Jose (Ind., 36) 6 WSB Atlanta (ABC, 2) 8 2.048 2.048 KIRO Seattle-Tacoma (CBS, 7) 14 1.58 1.58 WFTV Orlando-Daytona Beach-Melbourne (ABC, 9) 19 1.271 1.271 WRDQ Orlando-Daytona Beach-Melbourne (Ind., 27) 19 WPXI Pittsburgh (NBC, 11) 22 1.027 1.027 WSOC Charlotte, N.C. (ABC, 9) 25 0.962 0.962 WAXN Charlotte, N.C. (Ind., 64) 25 WHIO Dayton (CBS, 7) 62 0.453 0.453 KFOX El Paso (Fox, 14) 98 0.134 0.268 WJAC Johnstown-Altoona, Pa. (NBC, 6) 99 0.262 0.262 KRXI Reno (Fox, 11) 110 0.233 0.233 KAME** Reno (My, 21) 110 WTOV Wheeling, W. Va.-Steubenville, Ohio (NBC, 9) 159 0.12 0.12 ** Leased management agreement OTHER MEDIA INTERESTS : Cox Newspapers, which owns 17 daily newspapers and 26 non-daily publications; Cox Radio, which has 67 FM and 13 AM stations; cable operator Cox Communications; AutoTrader.com, Cox Radio Interactive, Manheim Auctions. 14. Local TV LLC Private(owned by Oak Hill Capital Partners, management and a consortium of bankers and high-yield lenders) 9.92% coverage (FCC) 17 stations 11.00% coverage (total) 1717 Dixie Highway, Suite 650 Fort Wright, KY 41011 859-331-9100 Website: www.localtvllc.com BOBBY LAWRENCE , CEO PAM TAYLOR , CFO LOU KIRCHEN , regional VP DALE R. WOODS , regional VP Station Market (affiliate, ch.) DMA Coverage FCC% Total% WJW?? Cleveland-Akron (Fox, 8) 17 1.36 1.36 KDVR ?? Denver (Fox, 31) 18 0.655 1.31 KTVI ?? St. Louis (Fox, 2) 21 1.103 1.103 WDAF ?? Kansas City, Kan.-Mo. (Fox, 4) 31 0.822 0.822 WITI ?? Milwaukee (Fox, 6) 34 0.79 0.79 KSTU ?? Salt Lake City (Fox, 13) 35 0.775 0.775 WBRC ?? Birmingham, Ala. (Fox, 6) 40 0.648 0.648 WTKR Norfolk-Portsmouth-Newport News (CBS, 3) 42 0.636 0.636 KFOR Oklahoma City (NBC, 4) 45 0.6 0.6 KAUT Oklahoma City (My, 43) 45 WGHP?? Greensboro-High Point (Fox, 8) 46 0.596 0.596 WREG Memphis (CBS, 3) 47 0.592 0.592 WNEP Wilkes Barre-Scranton (ABC, 16) 54 0.2625 0.525 WHO Des Moines-Ames, Iowa (NBC, 13) 71 0.377 0.377 WHNT Huntsville-Decatur-Florence (CBS, 19) 83 0.1695 0.339 WQAD Davenport-Rock Island-Moline (ABC, 8) 96 0.274 0.274 KFSM Ft. Smith-Fayetteville-Springdale (CBS, 5) 102 0.256 0.256 ?? In December 2007, Fox announced these stations would be sold to Oak Hill Capital Partners; the deal is due to close by the third quarter of 2008. OTHER MEDIA INTERESTS : Websites tied to TV stations. Private equity group Oak Hill Capital Partners has investments in companies such as cable operator Atlantic Broadband Group LLC. 15. Raycom Private9.38% coverage (FCC) 35 stations 11.45% coverage (total) RSA Tower, 20th Floor 201 Monroe St. Montgomery, AL 36104 Phone: (334) 206-1400 Fax: (334) 206-1555 Website: www.raycommedia.com PAUL McTEAR , president/CEO WAYNE DAUGHERTY , executive VP/COO MARTY EDELMAN , LEON LONG , JEFF ROSSER , VPs, television Station Market (affiliate, ch.) DMA Coverage FCC% Total% WOIO Cleveland-Akron (CBS, 19) 17 0.68 1.36 WUAB Cleveland-Akron (My, 43) 17 WBTV Charlotte, N.C. (CBS, 3) 25 0.962 0.962 WXIX Cincinnati (Fox, 19) 33 0.401 0.802 WFLX West Palm Beach-Fort Pierce (Fox, 29) 38 0.3435 0.687 WMC Memphis (NBC, 5) 47 0.592 0.592 WAVE Louisville, Ky. (NBC, 3) 48 0.583 0.583 WTNZ Knoxville (Fox, 43) 58 0.237 0.474 WTVR Richmond-Petersburg, Va. (CBS, 6) 59 0.467 0.467 WWBT Richmond-Petersburg, Va. (NBC, 12) 59 KOLD Tucson (CBS, 13) 68 0.396 0.396 WTOL Toledo (CBS, 11) 72 0.376 0.376 KFVE Honolulu (My, 5) 73 0.376 0.376 KHNL Honolulu (NBC, 13) 73 KFVS Paducah, Ky.-Cape Girardeau, Mo. (CBS, 12) 79 0.346 0.346 WIS Columbia, S.C. (NBC, 10) 81 0.34 0.34 KSLA Shreveport (CBS, 12) 82 0.34 0.34 WAFF Huntsville-Decatur-Florence, Ala. (NBC, 48) 83 0.1695 0.339 WLBT Jackson, Miss. (NBC, 3) 90 0.296 0.296 WAFB Baton Rouge (CBS, 9) 94 0.282 0.282 WTOC Savannah (CBS, 11) 97 0.272 0.272 WCSC Charleston, S.C. (CBS, 5) 100 0.261 0.261 WFIE Evansville (NBC, 14) 101 0.1285 0.257 KLTV Tyler-Longview, Texas (ABC, 7) 111 0.231 0.231 WSFA Montgomery, Ala. (NBC, 12) 118 0.216 0.216 WTVM Columbus, Ga. (ABC, 9) 128 0.184 0.184 WECT Wilmington, N.C. (NBC, 6) 135 0.159 0.159 WALB Albany, Ga. (NBC, 10) 146 0.137 0.137 KCBD Lubbock (NBC, 11) 148 0.135 0.135 WPGX Panama City, Fla. (Fox, 28) 154 0.063 0.126 WLOX Biloxi-Gulfport, Miss. (ABC, 13) 160 0.115 0.115 WDAM Hattiesburg-Laurel, Miss. (NBC, 7) 168 0.094 0.094 WDFX Dothan, Ala. (Fox, 34) 172 0.0445 0.089 KPLC Lake Charles, La. (NBC, 7) 176 0.084 0.084 KAIT Jonesboro, Ark. (ABC, 8) 182 0.071 0.071 OTHER MEDIA INTERESTS : Raycom Sports (production, marketing, events management); Raycom Post (a post-production facility); Broadview Media (a post-production/telecommunications company); CableVantage (a cable-advertising sales group). 16. Multicultural Television Broadcasting Private9.05% coverage (FCC) 6 stations 18.11% coverage (total) 449 Broadway New York, NY 10013 212-966-1059 Website: www.mrbi.net SEAN KIM , COO, CFO Station Market (affiliate, ch.) DMA Coverage FCC% Total% WSAH New York (Ind., 43) 1 3.2765 6.553 KHIZ Los Angeles (Ind., 64) 2 2.5035 5.007 KCNS San Francisco-Oakland-San Jose (Ind., 38) 6 1.0725 2.145 WMFP Boston (Ind., 62) 7 1.061 2.122 WOAC Cleveland-Akron (Ind., 67) 17 0.68 1.36 WRAY Raleigh-Durham, N.C. (Ind., 30) 28 0.461 0.922 OTHER MEDIA INTERESTS : Multicultural Radio Broadcasting Inc. (MRBI) owns and operates 43 radio stations in 10 states; the company's Chinese Media Group includes Sino Radio Broadcasting, Sino Television Broadcasting, Sino Print Publications, Sino Sports Entertainment and Sino Music Entertainment divisions, which serve Chinese audiences; Networks Asia is the national sales organization of MRBI. 17. E.W. Scripps Co. SSP7.99% coverage (FCC) 10 stations 9.99% coverage (total) 312 Walnut St. Scripps Center 2800 Cincinnati, OH 45202 Phone: 513-977-3000 Fax: 513-977-3721 Website: scripps.com WILLIAM R. BURLEIGH , chairman KENNETH W. LOWE , president/CEO WILLIAM B. PETERSON , senior VP, Television Station Group Station Market (affiliate, ch.) DMA Coverage FCC% Total% WXYZ Detroit (ABC, 7) 11 1.707 1.707 KNXV Phoenix (ABC, 15) 12 0.799 1.598 WFTS Tampa-St. Petersburg-Sarasota (ABC, 28) 13 0.791 1.582 WEWS Cleveland-Akron (ABC, 5) 17 1.36 1.36 WMAR Baltimore (ABC, 2) 24 0.971 0.971 KMCI Kansas City, Kan.-Mo. (Ind., 38) 31 0.411 0.822 KSHB Kansas City, Kan.-Mo. (NBC, 41) 31 WCPO Cincinnati (ABC, 9) 33 0.802 0.802 WPTV West Palm Beach-Fort Pierce (NBC, 5) 38 0.687 0.687 KJRH Tulsa (NBC, 2) 60 0.461 0.461 OTHER MEDIA INTERESTS : Cable networks: HGTV, DIY Network, Fine Living, Great American Country, Food Network (about 70%) and Fox-BRV Southern Sports Holdings (7.25%), which owns Sports South and Fox Sports Net South; broadband channels HGTV Pro, HGTV KitchenDesign, HGTV BathDesign, HGTV Simply Quilts, DIY Automotive, DIY Crafts, DIY Gardening, DIY Home Improvement, DIY Tools, DIY Woodworking and GAC Still Rollin'; comic syndicator United Media; daily and community newspapers in 18 markets; Scripps Howard News Service; online comparison-shopping services Shopzilla, UpMyStreet and U.K.-based uSwitch; variety of other Websites, tied to TV, cable and newspaper properties, including Foodtv.com, Comics.com and Snoopy.com. 18. Meredith Corp. MDP7.63% coverage (FCC) 11 stations 9.03% coverage (total) 1716 Locust St. Des Moines, IA 50309 Phone: 515-284-3000 Fax: 515-284-2393 Website: www.meredith.com WILLIAM T. KERR , chairman, Meredith Corp. STEPHEN M. LACY , president/CEO PAUL KARPOWICZ , president, Meredith Broadcasting Group Station Market (affiliate, ch.) DMA Coverage FCC% Total% WGCL Atlanta (CBS, 46) 8 1.024 2.048 KPHO Phoenix (CBS, 5) 12 1.598 1.598 KPTV Portland, Ore. (Fox, 12) 23 1.02 1.02 KPDX Portland, Ore. (My, 49) 23 WFSB Hartford-New Haven (CBS, 3) 29 0.893 0.893 WSMV Nashville (NBC, 4) 30 0.857 0.857 KCTV Kansas City, Kan.-Mo. (CBS, 5) 31 0.822 0.822 KSMO Kansas City, Kan.-Mo. (My, 62) 31 WHNS Greenville-Spartanburg-Asheville (Fox, 21) 36 0.3715 0.743 KVVU Las Vegas (Fox, 5) 43 0.627 0.627 WNEM Flint-Saginaw-Bay City, Mich. (CBS, 5) 66 0.417 0.417 OTHER MEDIA INTERESTS : Low-power TV stations; more than 25 consumer magazines, including Better Homes & Gardens and Family Circle, and about 200 special-interest publications; Meredith Hispanic Ventures publishes five Spanish-language titles; Meredith Books; over 30 Websites. 19. Media General MEG7.55% coverage (FCC) 20 stations 7.89% coverage (total) 333 E. Franklin St. Richmond, VA 23219 Phone: 804-649-6000 Fax: 804-775-4603 Website: www.mediageneral.com J. STEWART BRYAN III , chairman, Media General Inc. MARSHALL N. MORTON , president/CEO JAMES A. ZIMMERMAN , VP, Media General; president, Broadcast Division Station Market (affiliate, ch.) DMA Coverage FCC% Total% WFLA Tampa-St. Petersburg-Sarasota (NBC, 8) 13 1.582 1.582 WCMH Columbus, Ohio (NBC, 4) 32 0.803 0.803 WSPA Greenville-Spartanburg-Asheville (CBS, 7) 36 0.743 0.743 WNEG*** Greenville-Spartanburg-Asheville (CBS, 32) 36 WYCW Greenville-Spartanburg-Asheville (CW, 62) 36 WVTM Birmingham, Ala. (NBC, 13) 40 0.648 0.648 WCWJ*** Jacksonville, Fla. (CW, 17) 49 0.2905 0.581 WJAR Providence-New Bedford (NBC, 10) 52 0.556 0.556 WKRG Mobile, Ala.-Pensacola, Fla. (CBS, 5) 61 0.459 0.459 WSLS Roanoke-Lynchburg, Va. (NBC, 10) 67 0.400 0.400 WJTV Jackson, Miss. (CBS, 12) 90 0.296 0.296 WJHL Tri-Cities, Tenn.-Va. (CBS, 11) 91 0.292 0.292 WSAV Savannah (NBC, 3) 97 0.272 0.272 WCBD Charleston, S.C. (NBC, 2) 100 0.261 0.261 WBTW Myrtle Beach-Florence, S.C. (CBS, 13) 103 0.248 0.248 WNCT Greenville-New Bern-Washington (CBS, 9) 105 0.245 WNCN Greenvile-New Bern-Washington, (NBC, 17) 105 WJBF Augusta, Ga. (ABC, 6) 115 0.222 0.222 WRBL Columbus, Ga. (CBS, 3) 128 0.184 0.184 WHLT Hattiesburg-Laurel, Miss. (CBS, 22) 168 0.047 0.094 ***Media General has said it is considering the sale of these properties. OTHER MEDIA INTERESTS : Parent owns 25 daily newspapers, including The Tampa Tribune; more than 100 weekly newspapers and periodicals; online interests include Blockdot.com, Boxerjam.com, and more than 75 other Websites tied to TV and newspaper holdings. 20. Post-Newsweek Stations WPO(subsidiary of The Washington Post Co.) 7.44% coverage (FCC) 6 stations 7.44% coverage (total) 550 W. Lafayette Blvd. Detroit, MI 48226-3123 Phone: (313) 223-2260 Fax: (313) 223-2263 Website: www.washpostco.com DONALD E. GRAHAM , chairman/CEO, The Washington Post Co. ALAN FRANK , president/CEO, Post-Newsweek Stations Station Market (affiliate, ch.) DMA Coverage FCC% Total% KPRC Houston (NBC, 2) 10 1.818 1.818 WDIV Detroit (NBC, 4) 11 1.707 1.707 WPLG Miami-Fort Lauderdale (ABC, 10) 16 1.362 1.362 WKMG Orlando-Daytona Beach-Melbourne (CBS, 6) 19 1.271 1.271 KSAT San Antonio (ABC, 12) 37 0.703 0.703 WJXT Jacksonville, Fla. (Ind., 4) 49 0.581 0.581 OTHER MEDIA INTERESTS : Parent owns The Washington Post and other daily and weekly newspapers; Newsweek magazine; Arthur Frommer's Budget Travel magazine; educational and career service provider Kaplan Inc.; cable operator Cable One; Washingtonpost.Newsweek Interactive, which oversees online properties such as Washingtonpost.com, Newsweek.com, Slate.com and Budget Travel Online 21. LIN TV Corp. TVL7.43% coverage (FCC) 26 stations 8.56% coverage (total) 1 Richmond Square Providence, RI 02906 Phone: (401) 454-2880 Fax: (401) 454-5286 Website: www.lintv.com VINCENT SADUSKY , president/CEO BART CATALANE , senior VP/chief financial officer SCOTT BLUMENTHAL , executive VP, television GREG SCHMIDT , executive VP, digital media DENISE PARENT , VP, general counsel and secretary ROBB RICHTER , VP, Internet Station Market (affiliate, ch.) DMA Coverage FCC% Total% WISH Indianapolis (CBS, 8) 26 0.95 0.95 WNDY Indianapolis (My, 23) 26 WTNH Hartford-New Haven (ABC, 8) 29 0.893 0.893 WCTX Hartford-New Haven (My, 59) 29 WWHO Columbus, Ohio (CW, 53) 32 0.4015 0.803 WOOD Grand Rapids-Kalamazoo (NBC, 8) 39 0.656 0.656 WOTV Grand Rapids-Kalamazoo (ABC, 41) 39 WAVY Norfolk-Portsmouth-Newport News (NBC, 10) 42 0.636 0.636 WVBT Norfolk-Portsmouth-Newport News (Fox, 43) 42 KASA Albuquerque-Santa Fe (Fox, 2) 44 0.601 0.601 KRQE Albuquerque-Santa Fe (CBS, 13) 44 WIVB Buffalo (CBS, 4) 50 0.564 0.564 WNLO Buffalo (CW, 23) 50 KXAN Austin, Texas (NBC, 36) 51 0.282 0.564 KNVA** Austin, Texas (CW, 54) 51 WPRI Providence-New Bedford (CBS, 12) 52 0.556 0.556 WNAC** Providence-New Bedford (My, 64) WALA Mobile, Ala.-Pensacola, Fla. (Fox, 10) 61 0.459 0.459 WBPG Mobile, Ala.-Pensacola, Fla. (CW, 55) 61 WDTN Dayton (NBC, 2) 62 0.453 0.453 WLUK Green Bay-Appleton, Wis. (Fox, 11) 70 0.39 0.39 WUPW Toledo (Fox, 36) 72 0.188 0.376 WANE Fort Wayne (CBS, 15) 107 0.121 0.242 WWLP Springfield-Holyoke, Mass. (NBC, 22) 109 0.117 0.234 WTHI Terre Haute (CBS, 10) 151 0.129 0.129 WLFI Lafayette, Ind. (CBS, 18) 189 0.0295 0.059 **Lease management agreement OTHER MEDIA INTERESTS : Local weather cable channels; owns 20% of NBC's KXAS Dallas and KNSD San Diego; 30 Websites. 22. Entravision Communications Corp. EVC6.58% coverage (FCC) 20 stations 12.75% coverage (total) 2425 Olympic Blvd., Suite 6000 W Santa Monica, CA 90404 Phone: 310-447-3870 Fax: 310-447-3899 Website: www.entravision.com WALTER F. ULLOA , chairman/CEO PHILIP C. WILKINSON , president/COO Station Market (affiliate, ch.) DMA Coverage FCC% Total% WUNI Boston (Uni, 27) 7 1.061 2.122 WJAL Washington, D.C. (Ind., 68) 9 1.023 2.046 WVEA Tampa-St. Petersburg-Sarasota (Uni, 62) 13 0.791 1.582 KTFD** Denver (Tlf, 14) 18 0.655 1.31 KCEC Denver (Uni, 50) 18 WVEN Orlando-Daytona Beach-Melbourne (Uni, 26) 19 0.6355 1.271 WOTF**** Orlando-Daytona Beach-Melbourne (Tlf, 43) XHAS San Diego (Tel, 33) 27 0.466 0.932 WUVN Hartford-New Haven (Uni, 18) 29 0.4465 0.893 KINC Las Vegas (Uni, 15) 43 0.3135 0.627 KLUZ Albuquerque-Santa Fe (Uni, 41) 44 0.3005 0.601 XRIO Harlingen-Weslaco, Texas (Tr3, 2) 88 0.3 0.3 KNVO Harlingen-Weslaco, Texas (Uni, 48) 88 KINT El Paso (Uni, 26) 98 0.134 0.268 KTFN El Paso (Tlf, 65) 98 KPMR Santa Barbara-Santa Maria (Uni, 38) 122 0.103 0.206 KSMS Monterey-Salinas (Uni, 67) 124 0.099 0.198 KORO Corpus Christi (Uni, 28) 129 0.087 0.174 KUPB Odessa-Midland, Texas (Uni, 18) 157 0.061 0.122 KVYE Yuma, Ariz.-El Centro, Calif. (Uni, 7) 165 0.1 0.1 ** Lease management agreement ****Joint sales agreement OTHER MEDIA INTERESTS : 25 low-power TV stations; 47 radio stations; Spanish-language radio network; company holds a minority, limited voting interest in licensees of XHAS and XUPN, and provides programming and related services under a time-brokerage arrangement; sale pending for outdoor operations, which has more than 10,000 billboards. 23. Pappas Telecasting Companies Private6.40% coverage (FCC) 16 stations 12.10% coverage (total) 500 S. Chinowth Rd. Visalia, CA 93277 Phone: 559-733-7800 Fax: 559-733-7878 Website: www.pappastv.com HARRY J. PAPPAS , chairman/CEO DENNIS J. DAVIS , president/COO HOWARD H. SHRIER , senior executive VP/COO, TV stations group STEVEN E. ALFIERIS , VP/special counsel DALE SCHERBRING , VP/director of engineering Station Market (affiliate, ch.) DMA Coverage FCC% Total% KAZA Los Angeles (Azt, 54) 2 2.5035 5.007 KTNC San Francisco-Oakland-San Jose (TuV, 42) 6 1.0725 2.145 KAZH Houston (TuV, 57) 10 0.909 1.818 WCWG Greensboro-High Pt.-Winston-Salem (CW, 20) 46 0.298 0.596 KMPH Fresno-Visalia (Fox, 26) 55 0.252 0.504 KFRE Fresno-Visalia (CW, 59) 55 WWAZ Green Bay-Appleton, Wis. (Ind, 68) 70 0.195 0.39 KCWI Des Moines-Ames, Iowa (CW, 23) 71 0.1885 0.377 KDBC El Paso (CBS, 4) 98 0.268 0.268 KTVG** Lincoln-Hastings-Kearney, Neb. (Fox, 4) 104 0.246 0.246 KHGI Lincoln-Hastings-Kearney, Neb. (ABC, 13) 104 KSNB** Lincoln-Hastings-Kearney, Neb. (Fox, 17) 104 KREN Reno (CW, 27) 110 0.1165 0.233 KCWK Yakima-Pasco-Richland, Wash. (CW, 9) 126 0.189 0.189 WLGA Columbus, Ga. (CW, 66) 128 0.092 0.184 KPTH Sioux City, Iowa (Fox, 44) 143 0.0695 0.139 ** Lease management agreement OTHER MEDIA INTERESTS : Low-power TV stations; owns 16 on-air digital channels and operates three others under lease management agreements; AM radio stations KTRB (AM) and KMPH (AM); construction permits for 10 additional TV stations. In December, Pappas hired Moelis & Co. to assess strategic alternatives for the company, a move that could result in the sale of a portion of its television assets. 24. Young Broadcasting YBTVA5.79% coverage (FCC) 11 stations 5.83% coverage (total) 599 Lexington Ave. New York, NY 10022 Phone: 212-754-7070 Fax: 212-758-1229 Website: www.youngbroadcasting.com VINCENT J. YOUNG , chairman/CEO DEBORAH A. McDERMOTT , president Station Market (affiliate, ch.) DMA Coverage FCC% Total% KRON San Francisco-Oakland-San Jose (My, 4) 6 2.145 2.145 WKRN Nashville (ABC, 2) 30 0.857 0.857 WTEN Albany-Schenectady-Troy, N.Y. (ABC, 10) 56 0.491 0.491 WATE Knoxville (ABC, 6) 58 0.474 0.474 WRIC Richmond-Petersburg, Va. (ABC, 8) 59 0.467 0.467 WBAY Green Bay-Appleton, Wis. (ABC, 2) 70 0.39 0.39 KWQC Davenport-Rock Island-Moline (NBC, 6) 96 0.274 0.274 WLNS Lansing, Mich. (CBS, 6) 112 0.226 0.226 KELO Sioux Falls-Mitchell, S.D. (CBS, 11) 114 0.223 0.223 KLFY Lafayette, La. (CBS, 10) 123 0.201 0.201 KCLO Rapid City, S.D. (CBS, 15) 175 0.042 0.084 OTHER MEDIA INTERESTS : Satellite TV stations; television rep firm Adam Young Inc. 25. Nexstar Broadcasting Group NXST5.59% coverage (FCC) 32 stations 7.97% coverage (total) 5215 N. O'Conner Blvd, Suite 1400 Irving, TX 75039 Phone: 972-373-8800 Fax: 972-373-8888 Website: www.nexstar.tv PERRY A. SOOK , chairman/president/CEO MATT DEVINE , CFO Station Market (affiliate, ch.) DMA Coverage FCC% Total% WHAG Washington (NBC, 25) 9 1.023 2.046 WLYH Harrisburg-Lancaster-Lebanon (CW, 15) 41 0.321 0.642 WBRE Wilkes Barre-Scranton (NBC, 28) 54 0.2625 0.525 KARK Little Rock-Pine Bluff, Ark. (NBC, 4) 57 0.49 0.49 KSFX Springfield, Mo. (Fox, 27) 74 0.182 0.364 WROC Rochester, N.Y. (CBS, 8) 78 0.348 0.348 KTAL Shreveport (NBC, 6) 82 0.34 0.34 WCIA Champaign-Springfield-Decatur (CBS, 3) 84 0.336 0.336 WTAJ Johnstown-Altoona, Pa. (CBS, 10) 99 0.262 0.262 WTVW Evansville (Fox, 7) 101 0.257 0.257 WFFT Fort Wayne (Fox, 55) 107 0.121 0.242 WMBD Peoria-Bloomington, Ill. (CBS, 31) 117 0.108 0.216 WYZZ**** Peoria-Bloomington, Ill. (Fox, 43) 117 KAMR Amarillo (NBC, 4) 131 0.17 0.17 WQRF Rockford, Ill. (Fox, 39) 132 0.0835 0.167 KTVE**** Monroe, La.-El Dorado, Ark. (NBC, 10) 136 0.158 0.158 KARD Monroe, La.-El Dorado, Ark. (Fox, 14) 136 KBTV Beaumont-Port Arthur, Texas (NBC, 4) 141 0.146 0.146 WJET Erie (ABC, 24) 142 0.07 0.14 WFXP** Erie (Fox, 66) 142 KSNF Joplin, Mo.-Pittsburg, Kan. (NBC, 16) 145 0.069 0.138 KLBK Lubbock (CBS, 13) 148 0.135 0.135 KFDX Wichita Falls, Tex.-Lawton, Okla. (NBC, 3) 149 0.135 0.135 WTWO Terre Haute (NBC, 2) 151 0.129 0.129 KMID Odessa-Midland, Texas (ABC, 2) 157 0.122 0.122 KTAB Abilene-Sweetwater, Texas (CBS, 32) 164 0.0505 0.101 WFXV Utica, N.Y. (Fox, 33) 169 0.047 0.094 KHMT** Billings, Mont. (Fox, 4) 170 0.093 0.093 KSVI Billings, Mont. (ABC, 6) 170 WDHN Dothan, Ala. (ABC, 18) 172 0.0445 0.089 KLST San Angelo, Texas (CBS, 8) 197 0.047 0.047 KQTV St. Joseph, Mo. (ABC, 2) 201 0.041 0.041 ** Lease management agreement **** Joint sales agreement OTHER MEDIA INTERESTS : Websites tied to TV stations. Copyright ? 2008 Reed Business Information. All Rights Reserved. |
