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Thank you for your patience!
- M.W.
Thank you for your patience!
- M.W.
More layoffs at 9&10 News
Re: More layoffs at 9&10 News
Death Spiral?
More likely Heritage is getting cash flow higher for a valuation. It happens in any industry.
More likely Heritage is getting cash flow higher for a valuation. It happens in any industry.
For Kristian Trumpers are not serving our Lord Christ, but their own appetites. By smooth talk and flattery they deceive the minds of naive people.
-Romans 16:18
Posting Content © 2024 TC Talks Holdings LP.
-Romans 16:18
Posting Content © 2024 TC Talks Holdings LP.
Re: More layoffs at 9&10 News
With having fewer employees, how can they possibly continue with multiple daily newscasts and also for Local 32? Maybe Heritage can find a buyer and maybe things could change. But throwing money at a problem doesn't always help at the end of the day.
Woe to you, oh earth and sea
For the Devil sends the beast with wrath
Because he knows the time is short
Let him who hath understanding reckon the number of the beast
For it is a human number
Its number is six hundred and sixty-six
For the Devil sends the beast with wrath
Because he knows the time is short
Let him who hath understanding reckon the number of the beast
For it is a human number
Its number is six hundred and sixty-six
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- Joined: Sun Feb 04, 2024 2:27 pm
Re: More layoffs at 9&10 News
The Truth is back after a quick sunny vacation.
Cash flow, valuation, M&A, someone on here has an MBA.
Cash flow, valuation, M&A, someone on here has an MBA.
Re: More layoffs at 9&10 News
I lived through radio from 1998 - 2007. Can you guess what happens to 9&10 next?Truthsayer wrote: ↑Tue Mar 19, 2024 8:02 pm The Truth is back after a quick sunny vacation.
Cash flow, valuation, M&A, someone on here has an MBA.
For Kristian Trumpers are not serving our Lord Christ, but their own appetites. By smooth talk and flattery they deceive the minds of naive people.
-Romans 16:18
Posting Content © 2024 TC Talks Holdings LP.
-Romans 16:18
Posting Content © 2024 TC Talks Holdings LP.
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- Posts: 16
- Joined: Sun Feb 04, 2024 2:27 pm
Re: More layoffs at 9&10 News
Surely someone as knowledgeable as you is not comparing radio to Broadcast. Several radio companies are still doing well with a digital transformation. The heyday of traditional media is definitely in the rear view mirror, but those committed to providing communities local news and content can still win.
Re: More layoffs at 9&10 News
I'm surprised that 9&10 is still locally own and none of the big broadcasters never bought it decades ago.
Go Pistons, Let's Go Redwings.
Re: More layoffs at 9&10 News
Might make sense for Gray, Nexstar or Scripps to go after 9&10 since they have several other Michigan stations — if they’re interested in building a statewide profile. But I think Nexstar and Gray are at or near the FCC cap.
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Re: More layoffs at 9&10 News
I feel like 9&10 being sold has been talked about for decades. There’s a reason they haven’t yet, right? If they wanted to be sold it would have happened by now. I’m sure Sinclair wanted them rather than 7&4.
Re: More layoffs at 9&10 News
Was 9 & 10 a more attractive property? They weren't as strong in Traverse City, where the ad dollars are more plentiful.AndyDufresne wrote: ↑Wed Mar 20, 2024 6:00 am I feel like 9&10 being sold has been talked about for decades. There’s a reason they haven’t yet, right? If they wanted to be sold it would have happened by now. I’m sure Sinclair wanted them rather than 7&4.
And who knows if they will sell. I just know aggressive staff cuts usually equate to raising cash flow, which is the foundation of determining a stations saleable value.
For Kristian Trumpers are not serving our Lord Christ, but their own appetites. By smooth talk and flattery they deceive the minds of naive people.
-Romans 16:18
Posting Content © 2024 TC Talks Holdings LP.
-Romans 16:18
Posting Content © 2024 TC Talks Holdings LP.
- Bull Shannon
- Posts: 219
- Joined: Fri Dec 17, 2004 11:31 pm
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- Posts: 18
- Joined: Sat Mar 09, 2024 5:33 am
Re: More layoffs at 9&10 News
No way that’s even going to happen. Sinclair doesn’t care about their TC market, let alone buying another station in the same market. Look at how much they have drained from what 7/4 used to be. If Sinclair actually cared, they could takeover the market. Starts with having a noon and 4pm newscast.Bull Shannon wrote: ↑Wed Mar 20, 2024 9:46 amI think the more likely scenario would be 7&4 picking up the affiliations and putting them on subchannels. NBC/CBS on 7&4, ABC/Fox on 29&8.
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Re: More layoffs at 9&10 News
I’m sure the FCC would have something to say about that scenario.
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Re: More layoffs at 9&10 News
Used to be? 7&4 was heading down this road already when Sinclair bought it.AndyDufresne wrote: ↑Wed Mar 20, 2024 2:40 pm
No way that’s even going to happen. Sinclair doesn’t care about their TC market, let alone buying another station in the same market. Look at how much they have drained from what 7/4 used to be. If Sinclair actually cared, they could takeover the market. Starts with having a noon and 4pm newscast.
- Bull Shannon
- Posts: 219
- Joined: Fri Dec 17, 2004 11:31 pm
Re: More layoffs at 9&10 News
They wouldn't be buying another station, just adding a couple network feeds to their sub-channels, basically like how WBKB in Alpena broadcasts all four networks from one station.AndyDufresne wrote: ↑Wed Mar 20, 2024 2:40 pmNo way that’s even going to happen. Sinclair doesn’t care about their TC market, let alone buying another station in the same market. Look at how much they have drained from what 7/4 used to be. If Sinclair actually cared, they could takeover the market. Starts with having a noon and 4pm newscast.Bull Shannon wrote: ↑Wed Mar 20, 2024 9:46 amI think the more likely scenario would be 7&4 picking up the affiliations and putting them on subchannels. NBC/CBS on 7&4, ABC/Fox on 29&8.