Look a lot like WLS Eyewitness News + Scripps News Package indeed.
If It Ain’t Broke, Don’t Fix It. But If It’s Really Broken, Fix It Immediately.
The last good post I published was at the 12 of August, 2013. Today is the 2nd of December, 2014. I haven’t updated this site in months and a lot of news-worthy stories has past. I’ll admit, I’m always busy on the internet. Most of the time I spend is on the English Sonic Wiki known as the Sonic News Network. I’ll be making videos, broadcasts and updates for them everyday…and it’s mandatory. Over the last few months I started to take a rest from that wiki and started focusing on what I love – the news. Starting today this site will have a refresh. It will now have three main sections…
News – Updates in the news industry plus updates on the graphics used on networks, stations, etc. You’ll see my short rants here too.
Music – For the first time there will now be a Canadian News Music section.
Well, that’s all I gotta say right now. I’ll start uploading new videos on my YouTube channel soon!
Report from B&C…
Gannett has agreed to acquire Belo, boosting its broadcast portfolio from 23 to 43 stations. Gannett will acquire all outstanding shares of Belo for $13.75 per share in cash, or approximately $1.5 billion, plus the assumption of $715 million in existing debt for an enterprise value of approximately $2.2 billion.
The deal, subject to regulatory approval, is expected to close by the end of 2013.
The acquisition nearly doubles Gannett’s broadcast portfolio from 23 to 43 stations, including stations to be serviced by Gannett through shared services or similar arrangements. Upon completion of the transaction, Gannett said it will become the No. 1 CBS affiliate group, No. 4 ABC affiliate group, and will expand its already largest NBC affiliate group position.
“We are thrilled to bring together two highly respected media companies with rich histories of award-winning journalism, operational excellence and strong brand leadership,” said Gracia Martore, president and CEO of Gannett. “It will significantly improve our cash flow and financial strength, enabling us to quickly pay down debt while remaining committed to disciplined capital allocation. By enhancing our portfolio with one of the largest, most geographically diverse and network-balanced TV station groups in the country, the new Gannett will be well positioned to lead innovation, bolster our existing growth initiatives and take advantage of new opportunities in the emerging digital media landscape.”
The transaction, unanimously approved by the boards of directors of both companies, represents a 28.1% premium to the closing price of Belo common stock on June 12.
Gannett anticipates that the transaction will generate approximately $175 million in annual synergies within three years after closing.
In Belo, Gannett gets a group of stations with sterling reputations for local news and community involvement.
Dunia A. Shive, Belo’s president and CEO, called it “an outstanding and financially compelling transaction” for Belo’s shareholders. “I am confident that we have found an excellent partner in Gannett–they are a leading media company that shares our commitment to the highest levels of journalistic integrity and embraces an active approach to community involvement,” she added. “Together, this portfolio of media assets will be well-positioned to capitalize on substantial growth opportunities in the years ahead.”
The planned acquisition comes on the heels of a pending merger between Media General and Young Broadcasting, and several other examples of extreme consolidation in the local broadcasting business.
The announced deal did not sit well with Free Press, a veteran critic of media consolidation, which has pushed the FCC to tighten its ownership rules.
“We’ve seen time and again that media consolidation means fewer journalists and less diversity on the public airwaves,” Free Press president Craig Aaron told B&C. “Broadcasters are on a shopping spree, using cash from last year’s political ad bonanza to buy each other. The day is fast approaching when a small handful of companies will control all of the affiliates in major markets and the swing states.”
Report from CityNews Toronto
Beginning July 1, The Score will be rebranded Sportsnet 360, with a new logo, sets, animation package, and enhanced ticker that combines the look and feel of Sportsnet with familiar elements of The Score brand. The announcement was made today as part of Rogers Media’s 2013 Upfront presentation, in which the company reveals its programming lineup for the 2013-14 fall and mid-season.
Sportsnet 360 is the newest asset in the already robust Sportsnet lineup, which includes Sportsnet (Ontario, East, West, Pacific), Sportsnet ONE, Sportsnet World, Sportsnet World Online, sportsnet.ca, Sportsnet 590 The FAN, Sportsnet 960 The FAN and Sportsnet magazine. The channel complements Sportsnet’s other platforms with a distinct 360° offering of breaking news, highlights, scores, stats, analysis, and opinion, as well as live events. Today’s announcement marks another step forward towards Sportsnet’s goal of becoming the No. 1 sports media brand in Canada.
“All of the things that viewers of The Score have come to know and love will not change,” said Scott Moore, President of Broadcast, Rogers Media. “Sportsnet 360 will continue to offer the hard core sports fan highlights, stats, and scores across the broadest range of sports, but on a much larger scale. We’ll deliver a vast breadth of premium sports content in a fast-paced, energetic and entertaining manner – and the new name, logo and animation will embody this.”
The new Sportsnet 360 look will incorporate the red and blue colour scheme from the Sportsnet brand family with the familiar oranges and blues of The Score brand, with an arc through the 360 representing forward movement and energy.
The rebrand and all on-air elements were developed in-house by Rogers Media’s Creative Agency.
“Our cutting-edge logo and treatment will deliver a new and exciting look that represents the tone and edge of The Score combined with the strength and polish of the Sportsnet brand,” said Dean Bender, Vice President, Creative, Rogers Media. “One of the most exciting opportunities with the rebrand is enhancing the ticker, which is a staple for all hard core sports fans. We are exploring new technology that will incorporate all of the terrific current ticker features, and add to it in a more dynamic fashion.”
Through extensive market research, Sportsnet identified the Sportsnet 360 target viewer as a “paint your face” hard core sports expert that follows a wide range of sports (10-plus sports), is a heavy consumer of sports media, and regularly plays fantasy sports.
Sportsnet 360 will be integrated into the overall Sportsnet brand via cross-promotion and content sharing across Sportsnet’s additional assets on TV, radio, print, digital and social media. Sportsnet’s brand tagline, Fuelled By Fans, which builds on Sportsnet’s objective to fuel the passion of Canadians and provides one source that delivers sports fans what they want, whenever and wherever, will also be part of the Sportsnet 360 sub-brand.
As part of its current programming strategy, Sportsnet 360 will continue to deliver its own unique mix of programming and is the prime destination for breaking sports news, analysis and highlights. While some sports properties are shared with the additional Sportsnet networks, Sportsnet 360 is the home of exclusive content in Canada, including WWE, FIBA basketball, and the Vanier Cup.
Programming details and a robust marketing campaign will be unveiled in the coming weeks leading up to the launch of Sportsnet 360 on July 1.
Sportsnet 360 will continue to operate out of the station’s studio on King Street in Toronto’s downtown core, with support from the extended Sportsnet and Rogers Media family.
The CRTC is set to unveil a new code of conduct for cellphone companies that could include changes to contract lengths and provisions to unlock mobile devices.
The Canadian Radio-television and Telecommunications Commission is expected to announce the new wireless code at 9 a.m. Monday.
Unofficial replacement of CityNews Channel?
Debuted 29 April. First Major Change to graphics since 2005 appox. Will post a review soon…