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Tribune Media bidding war

CNBC is reporting 21st Century Fox is the latest to join in the bidding war for Tribune Media's television properties, along with Sinclair and Nexstar.

If Fox is successful, wouldn't they have to spin off a station? They currently own WFLD and WPWR.

Since TV companies are bidding on TV stations, I'm surprised no one has gone public with their desire to buy WGN-AM.

Cumulus and iheart are nearly bankrupt, Scripps wants out of radio, Alpha just finished a buying spree, and Entercom is merging with CBS. That just leaves Hubbard and who else?
Responses (5)
  • Accepted Answer

    Monday, May 01 2017, 11:40 AM - #permalink
    If Fox is successful, wouldn't they have to spin off a station? They currently own WFLD and WPWR.
    FOX just agreed to sell off WPWR-TV's bandwidth in the recent spectrum auction. Somewhere in the next year or two, WPWR-TV will become a digital subchannel of WFLD-TV. Therefore, FOX would not have to divest any stations should it purchase WGN-TV.
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  • Accepted Answer

    Monday, May 01 2017, 04:17 PM - #permalink
    Considering how WFLD and WPWR are run, Fox taking over WGN doesn't sound much better then Sinclair. If Fox does take over WGN, would they actually consider moving Fox network programming to WGN and call it Fox 9? Only reason it's possible is that would it give Fox the same channel number on all pay providers instead of the mix of numbers it is now.
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  • Accepted Answer

    Tuesday, May 02 2017, 07:33 PM - #permalink
    Should Fox Network Chicago move current WPWR programming to sub channels on 32 within two years and Fox decides to acquire WGN TV, do you think they would locate the CW Network back to WGN?
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  • Accepted Answer

    Sunday, May 07 2017, 06:08 PM - #permalink
    Looks like Sinclair's got it in the bag. It will be very interesting to see what this means for the current live and local format of 720 WGN. I think we're going to see it changed into an all-nationally-syndicated talk format of some sort with all the local shows going away.
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  • Accepted Answer

    Sunday, May 07 2017, 09:55 PM - #permalink
    Re: WGN making drastic changes and adding syndicated programming.

    It's not 1999. There's only one syndicated show that gets anything that resembles ratings and that's Rush Limbaugh. He's on WLS and will be for some time. The rest are wastes of time and money. Ever look at the website of Talkers Magazine? Nothing but ads for syndicated shows that are 100% garbage.

    WGN made 25 million dollars last year. No syndicated show will be able to replicate that.
    A new owner would clear out some of the Jimmy DeCastro patronage, and that would be long overdue.
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