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Breaking: Meredith to possibly exit the TV business

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lovinlife101
Posts: 6164
Joined: Fri Jul 08, 2011 11:53 am

Re: Breaking: Meredith to possibly exit the TV business

Post by lovinlife101 » Thu May 02, 2019 9:25 am

mtburb wrote:
Thu May 02, 2019 9:22 am
The 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
Have you seen the product lately? Meredith is already out of the TV biz.



lovinlife101
Posts: 6164
Joined: Fri Jul 08, 2011 11:53 am

Re: Breaking: Meredith to possibly exit the TV business

Post by lovinlife101 » Thu May 02, 2019 4:32 pm

mr v wrote:
Thu May 02, 2019 3:57 pm
mtburb wrote:
Thu May 02, 2019 9:22 am
The 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
I'll buy it for $5.55. Take a check?
Is it a post-dated, out of town, third party check? They’ll probably take it!



lovinlife101
Posts: 6164
Joined: Fri Jul 08, 2011 11:53 am

Re: Breaking: Meredith to possibly exit the TV business

Post by lovinlife101 » Mon Aug 12, 2019 7:44 pm

Realist wrote:
Mon Aug 12, 2019 7:10 pm
GREATLAKESVET wrote:
Mon Aug 12, 2019 11:11 am
Another 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.
If that happens, prima donna David Custer will be gone as I’m assuming he’s the highest paid talent there....
“Talent”?



lovinlife101
Posts: 6164
Joined: Fri Jul 08, 2011 11:53 am

Re: Breaking: Meredith to possibly exit the TV business

Post by lovinlife101 » Tue Aug 13, 2019 1:02 pm

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?



lovinlife101
Posts: 6164
Joined: Fri Jul 08, 2011 11:53 am

Re: Breaking: Meredith to possibly exit the TV business

Post by lovinlife101 » Tue Aug 13, 2019 5:58 pm

R Bedell wrote:
Tue Aug 13, 2019 5:06 pm
What’s not to like?
Your constant obsession, and childish fetish with Bill Harris.
You wanna finish that sentence, Skippy?



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