Have you seen the product lately? Meredith is already out of the TV biz.mtburb wrote: ↑Thu May 02, 2019 9:22 amThe fast-paced changing TV industry continues to roil on...this time, Meredith wants out.
This will include WNEM in the Flint/Saginaw market.
https://www.reuters.com/article/us-mere ... SKCN1S74KX
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Breaking: Meredith to possibly exit the TV business
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Re: Breaking: Meredith to possibly exit the TV business
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Re: Breaking: Meredith to possibly exit the TV business
Is it a post-dated, out of town, third party check? They’ll probably take it!mr v wrote: ↑Thu May 02, 2019 3:57 pmI'll buy it for $5.55. Take a check?mtburb wrote: ↑Thu May 02, 2019 9:22 amThe fast-paced changing TV industry continues to roil on...this time, Meredith wants out.
This will include WNEM in the Flint/Saginaw market.
https://www.reuters.com/article/us-mere ... SKCN1S74KX
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Re: Breaking: Meredith to possibly exit the TV business
“Talent”?Realist wrote: ↑Mon Aug 12, 2019 7:10 pmIf that happens, prima donna David Custer will be gone as I’m assuming he’s the highest paid talent there....GREATLAKESVET wrote: ↑Mon Aug 12, 2019 11:11 amAnother private equity firm wants to get into an industry that they know NOTHING about. I cannot blame Meredith for grabbing a $2-billion carrot. But there's only one outcome, especially if the heads of private equity firms are children of or devotees of Gordon Gekko's philosophies. They'll trim as much as possible from the Meredith stations and unload the remains. Just look at WZZM under Price ownership in Michigan or, more recently, in the retail sector. Long-time retailers like Bon Ton stores or Shopko were taken over by private equity firms that didn't have a clue about retailing and drove them right into bankruptcy or liquidation. A hex on all of their houses. But I will leave those employed by Meredith some words of optimism: BE AFRAID! BE VERY AFRAID.
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Re: Breaking: Meredith to possibly exit the TV business
Acquire station, get rid of the union, fire a bunch of people, force remaining employees to produce more content for added shows, hire Bill Harris to read the TelePrompTer for one show and hear him squeal his tires in the parking lot two seconds after the show ends. Then, put on a semi-retirement party where the man of the hour curses in front of his kids and grandkids.
What’s not to like?
What’s not to like?
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