03.24.2008 08:26 AM
NBC to sell O&Os in Miami and Hartford

NBC Universal, focusing on digital media and only the top 10 U.S. television markets, said last week it would sell WTVJ-TV in Miami and WVIT-TV in Hartford, CT.

WTVJ is in the No. 16 Nielsen DMA, while WVIT is in the No. 28 DMA. NBCU said it will keep its WSCV-TV, Telemundo affiliate, in Miami.

“We’re in the process of re-engineering the way we think, shifting our focus from a traditional stations business to becoming full-service local-media-production centers,” NBC Local Media president John Wallace said in an internal memo.

“These growth investments are an important part of ensuring our long-term viability,” Wallace continued. “They also need to be self-funded. As a result, we’ve taken a hard look at our portfolio and made some difficult decisions about what's best for our business going forward.”

Post New Comment
If you are already a member, or would like to receive email alerts as new comments are
made, please login or register.

Enter the code shown above:

(Note: If you cannot read the numbers in the above
image, reload the page to generate a new one.)

No Comments Found

Thursday 10:05 AM
NAB Requests Expedited Review of Spectrum Auction Lawsuit
“Broadcasters assigned to new channels following the auction could be forced to accept reductions in their coverage area and population served, with no practical remedy.” ~NAB

202 Communications /   Friday 12:41 PM
Albis Technologies Appoints New Head of Access Solutions
ignite strategic communications /   Thursday 03:48 PM
2015 HPA Tech Retreat(r) Unveils Expanded Session Schedule

Featured Articles
Discover TV Technology