Private Property

Broadcasting moves away from Wall Street

Since November, four of the country’s biggest station groups—Ion, Univision, Tribune Co. and Clear Channel—have announced plans to be acquired by private-equity firms.

In February, CBS sold seven of its stations to private equity firm Cerberus Capital Management for $185 million.

And two more groups that aren’t among Broadcasting & Cable’s Top 25 Station Groups—The New York Times Co. and Bluestone Television—are taking shelter under a private-equity umbrella.

More than half of the companies on the annual B&C list changed rank. CBS fell to No. 2 (exchanging places with Fox) because of the sale of seven stations. E.W. Scripps dropped from 11th to 16th because it sold off several stations that were part of the Shop at Home network it abandoned. But on next year’s list at least eight stations will be privately held, double this year’s number.

“Wall Street has walked away from broadcast investments because they don’t see the growth that the industry has had over the past 20-30 years,” says Larry Patrick, president of station brokerage Patrick Communications. “Growth has slowed, but broadcasting is a tremendously high free-cash-flow business. If you are a big hedge fund or a private-equity fund and you have $10 billion-$20 billion, you have to find places to park that. A television company has 35%-40% operating margin. You can’t put your money in anything else that gets that kind of return.”

Privately owned broadcasters don’t have to keep making deals to make their stock grow. The firm can quietly grow its investment for several years and then sell it for a 20%-plus profit, a perfectly acceptable return for private firms.

Second, private equity typically doesn’t invest much cash in these deals. That significantly reduces the risk for the investor, although it can increase pressure on the assets if the deal is over-leveraged.

Private investors tend to approach these deals conservatively, protecting themselves and the assets from excessive risk. “The really good hedge funds don’t over-borrow,” says Patrick. If they do, he says, “then all you’ve done is create a giant bankruptcy.”

For example, he explains, he recently sat in a meeting in which investors were told by the bank that they could invest $150 million in broadcast properties valued at $800 million and have no problem covering the debt. But they decided it was better to put $300 million down and finance the rest.

That example also reveals the trick to the leveraged buyout: Invest the right amount of cash, borrow against a company’s assets and then grow the company while servicing the debt using the assets’ cash flows. If the investors in the example sell their new company in five years for $1.4 billion, as they expect to, they will earn $1.1 billion profit on their initial investment.

TV stations are not like real estate. They have to be well run in order to increase in value. In today’s digital world, that has become a tricky proposition.

Most private-equity firms understand that, says Randy Bongarten, chairman/CEO of Bonten Media Group, which in November teamed with private-equity firm Diamond Castle to buy the Bluestone Television group of eight full-power and two low-power stations for $230 million.

“Private-equity firms own businesses in every segment of the economy,” Bongarten says, “and they are experts at evaluating potential and finding people to run them.”

The move to privatizing stations might be advantageous for some broadcast groups, says Scott Schneider, chairman of media and communications and an operating partner of Diamond Castle: “I think it’s wonderful for TV broadcasters because they are moving into the hands of very strong, dedicated operating management whose sole focus is the rebuilding, rebranding and remarketing of these television stations. For many of the big media conglomerates, these stations were either an afterthought or at best a stepchild.”

Schneider insists that private ownership won’t lead to poor performance. Even under private-equity rule, television stations will continue to be compelled to serve their communities: “Content is still the driver of value in the media business. And there’s been a resurgence in terms of viewer loyalty. I don’t think we have seen viewer loyalty this strong ever; it’s driving American culture. The ability to be the preferred outlet for that content is an opportunity that creates tremendous value.”

The Big Deals
Five recent transactions will create new privately owned TV groups
Source: B&C research
CBS Corp. (7 stations)Cerberus Capital Management$185.0M
IonCitadel Investment Group$2.4B
Tribune Co.Sam Zell$8.4B
UnivisionBroadcasting Media Partners, a consortium led by Texas Pacific Group and Thomas H. Lee Partners and including Madison Dearborn, Providence Equity and Saban Capital Group$12.3B
Clear ChannelThomas H. Lee Partners, Bain Capital$26.7B

How They Were Ranked

The Top 25 Station Groups in B&C’s annual list are ranked according to the percentage of U.S. TV homes they reach. Measured by Nielsen Media Research, this is calculated in two ways. Total coverage assumes the station reaches everyone in the Designated Market Area (DMA). The FCC, meanwhile, discounts by half the reach of UHF stations, those using channels 14 and above. B&C ranks groups according to the FCC method but also shows total coverage. If a group owns more than one station in the market, the additional coverage is not counted.

BIA Financial Network provided baseline data, compiling the list of stations and computing coverage. It also provided affiliate status for stations and channels. The station listing includes BIA data for deals announced before March 8; subsequently announced transactions are noted where possible.

Each group’s list includes wholly owned stations and those run under local marketing agreements. Data for those operated under time-brokerage deals were not available, and they are excluded from the Top 25, as are joint sales and joint marketing agreements. Digital stations, low-power stations, satellite stations, translators, and stations with only cable distribution are left out because their coverage is duplicative. Thus, a group’s station list may differ significantly from that on its Website.

The data for the rankings and listings was compiled from BIA and company sources by Paige Albiniak and George Winslow during a four-week period in March and April.

1. Fox Television Stations NWS

(subsidiary of News Corp. Ltd.)
36.60% coverage (FCC)
35 stations
44.70% coverage (total)
1211 Avenue of the Americas, 21st Floor
New York, NY 10036
Phone: 212-301-5400
K. Rupert Murdoch, chairman, News Corp.
Roger Ailes, chairman, Fox Television Stations
Jack Abernethy, CEO, Fox Television Stations
Dennis Swanson, president, Fox Television Station Operations

StationMarket (affiliate, ch.)DMAFCC% Coverage Total%
WNYWNew York (Fox, 5)16.6166.616
WWORNew York (My, 9)1
KTTVLos Angeles (Fox, 11)25.0395.039
KCOPLos Angeles (My, 13)2
WFLDChicago (Fox, 32)31.5523.103
WPWRChicago (My, 50)3
WTXFPhiladelphia (Fox, 29)41.3212.642
KDFWDallas-Ft. Worth (Fox, 4)62.1362.136
KDFIDallas-Ft. Worth (My, 27)6
WFXTBoston (Fox, 25)71.0652.130
WTTGWashington (Fox, 5)82.0412.041
WDCAWashington (My, 20)8
WAGAAtlanta (Fox, 5)91.9811.981
KTXHHouston (My, 20)100.8901.780
KRIVHouston (Fox, 26)10
WJBKDetroit (Fox, 2)111.7411.741
WTVTTampa-St Petersburg, Fla. (Fox, 13)120.7891.577
KSAZPhoenix (Fox, 10)131.5491.549
KUTPPhoenix (My, 45)13
KMSPMinneapolis-St. Paul (Fox, 9)151.5071.507
WFTCMinneapolis-St. Paul (My, 29)15
WJWCleveland-Akron, Ohio (Fox, 8)171.3811.381
KDVRDenver (Fox, 31)180.6431.286
WOFLOrlando-Daytona Beach, Fla. (Fox, 35)190.6271.254
WRBWOrlando-Daytona Beach, Fla. (My, 65)19
KTVISt. Louis (Fox, 2)211.1041.104
WUTBBaltimore (My, 24)240.4930.985
WDAFKansas City, Kan.-Mo. (Fox, 4)310.8200.820
WITIMilwaukee, Wis. (Fox, 6)340.7930.793
KSTUSalt Lake City, Utah (Fox, 13)350.3770.754
WBRCBirmingham, Ala. (Fox, 6)400.6500.650
WHBQMemphis (Fox, 13)440.2990.597
WGHPGreensboro-High Point, NC (Fox, 8)470.5930.593
KTBCAustin, Tex. (Fox, 7)520.5410.541
WOGXGainesville, Fla. (Fox, 51)1620.0540.107

OTHER MEDIA INTERESTS: Fox Television Network; MyNetworkTV; Fox Entertainment; Fox Television Studios; 20th Century Fox Television; Twentieth Television; 20th Century Fox; cable channels include Fox News Channel, Fuel, Fox Movie Channel, FX, Speed Channel, Fox College Sports, Fox Reality, Fuel TV, Fox Sports en Español, Fox Sports Net, Fox Soccer Channel, 50% of National Geographic Channel; largest shareholder in Gemstar Guide International; controlling shareholder of DirecTV Group; international DTH platforms (BSkyB, Star TV, etc.); 175 newspapers; HarperCollins and other book imprints;; Intermix;; and Websites for channels and newspapers

2. CBS Corp. CBS, CBS A

35.76% coverage (FCC)
27 stations
38.73% coverage (total)
CBS Corp.
51 West 52nd St.
New York, NY 10019
Phone: 212-975-4321
Sumner M. Redstone, chairman
Leslie Moonves, president/CEO
Tom Kane, president/CEO, CBS Television Stations

StationMarket (affiliate, ch.)DMAFCC% Coverage Total%
WCBSNew York (CBS, 2)16.6166.616
KCBSLos Angeles (CBS, 2)25.0395.039
KCALLos Angeles (Ind, 9)2
WBBMChicago (CBS, 2)33.1033.103
KYWPhiladelphia (CBS, 3)42.6422.642
WPSGPhiladelphia (CW, 57)4
KPIXSan Francisco-Oakland (CBS, 5)52.1412.141
KBCWSan Francisco-Oakland (CW, 44)5
KTVTDallas-Ft. Worth (CBS, 11)62.1362.136
KTXADallas-Ft. Worth (Ind, 21)6
WBZBoston (CBS, 4)72.1302.130
WSBKBoston (Ind, 38)7
WUPAAtlanta (CW, 69)90.9911.981
WKBDDetroit (CW, 50)110.8711.741
WWJDetroit (CBS, 62)11
WTOGTampa-St Petersburg, Fla. (CW, 44)120.7891.577
KSTWSeattle-Tacoma (CW, 11)141.5491.549
WCCOMinneapolis-St. Paul (CBS, 4)151.5071.507
WFORMiami-Ft. Lauderdale (CBS, 4)161.3821.382
WBFSMiami-Ft. Lauderdale (My, 33)16
KCNCDenver (CBS, 4)181.2861.286
KOVRSacramento-Stockton, Calif. (CBS, 13)201.2291.229
KMAXSacramento-Stockton, Calif. (CW, 31)20
KDKAPittsburgh (CBS, 2)221.0451.045
WPCWPittsburgh (CW, 19)22
WJZBaltimore (CBS, 13)240.9850.985
WGNTNorfolk-Portsmouth, Va. (CW, 27)420.3200.640

OTHER MEDIA INTERESTS: CBS Television Network; joint venture with Warner Bros. in The CW; Showtime; CSTV Networks; CBS Paramount Network Television; CBS Television Distribution Group; CBS Radio; CBS Outdoor; Simon & Schuster Inc.; CBS Consumer Products; CBS Interactive (formerly CBS Digital Media), CBS Records; CBS Home Entertainment and CBS Feature Films

3. Ion Media Networks ION

31.337% coverage (FCC)
53 stations
62.67% coverage (total)
601 Clearwater Park Rd.
West Palm Beach, FL 33401
Phone: 561-659-4122
Fax: 561-659-4252
BRANDON BURGESS, president/CEO, Ion Media Networks
Ion and key shareholders are entertaining a proposal that would take the company private, with Citadel Investment Group buying 50 million common shares of stock at $1.41 per share. In early April, Citadel said it would additionally infuse $100 million in cash into the company, which is valued at $2.4 billion. The deal would give Citadel 100% of the voting stock and control of Ion. The remaining stakeholders—including insurance firm AIG, hedge fund Gradient and Avenue Capital—would retain debt convertible into non-voting shares. Their stakes have not been made public. NBCU, which has a significant preferred claim, would remain a non-voting investor through convertible preferred stock with a face value of about $400 million.

StationMarket (affiliate, ch.)DMAFCC% Coverage Total%
WPXNNew York (Ion, 31)13.3086.616
KPXNLos Angeles (Ion, 30)22.5195.039
WCPXChicago (Ion, 38)31.5513.103
WPPXPhiladelphia (Ion, 61)41.3212.642
KKPXSan Francisco-Oakland (Ion, 65)51.0712.141
KPXDDallas-Ft. Worth (Ion, 68)61.0682.136
WBPXBoston (Ion, 68)71.0652.130
WPXWWashington (Ion, 66)81.0212.041
WPXAAtlanta (Ion, 14)90.9911.981
KPXBHouston (Ion, 49)100.8901.780
WPXDDetroit (Ion, 31)110.8711.741
WXPXTampa-St Petersburg, Fla. (Ion, 66)120.7891.577
KPPXPhoenix (Ion, 51)130.7751.549
KWPXSeattle-Tacoma (Ion, 33)140.7751.549
KPXMMinneapolis-St. Paul (Ion, 41)150.7541.507
WPXMMiami-Ft. Lauderdale, Fla. (Ion, 35)160.6911.382
WVPXCleveland-Akron, Ohio (Ion, 23)170.6911.381
KPXCDenver (Ion, 59)180.6431.286
WOPXOrlando-Daytona Beach, Fla. (Ion; 56)190.6271.254
KSPXSacramento-Stockton, Calif. (Ion; 29)200.6151.229
KPXGPortland, Ore. (Ion, 22)230.5021.004
WIPXIndianapolis (Ion, 63)250.4760.952
WHPXHartford-New Haven, Conn. (Ion, 26)280.4560.911
WRPXRaleigh-Durham, N.C. (Ion, 47)290.4520.904
WFPXRaleigh-Durham, N.C. (Ion, 62)29
WNPXNashville, Tenn. (Ion, 28)300.4240.848
KPXEKansas City, Kan.-Mo. (Ion, 50)310.4100.820
WPXEMilwaukee (Ion, 55)340.3970.793
KUPXSalt Lake City (Ion, 16)350.3770.754
KPXLSan Antonio (Ion, 26)370.3480.696
WPXPWest Palm Beach, Fla. (Ion, 67)380.3470.693
WZPXGrand Rapids, Mich. (Ion, 43)390.3300.660
WPXHBirmingham, Ala. (Ion, 44)400.3250.650
WPXVNorfolk-Portsmouth, Va. (Ion, 49)420.3200.640
KOPXOklahoma City (Ion, 62)450.2980.595
WGPXGreensboro-High Point, N.C. (Ion, 16)470.2970.593
WPXJBuffalo, N.Y. (Ion, 51)490.2880.575
WPXCJacksonville, Fla. (Ion, 21)500.2870.574
WPXQProvidence, R.I. (Ion, 69)510.2850.569
WQPXScranton-Wilkes Barre, Pa. (Ion, 64)530.2650.530
WYPXAlbany-Schenectady-Troy, N.Y. (Ion, 55)560.2490.498
WPXKKnoxville, Tenn. (Ion, 54)600.2350.470
KTPXTulsa, Okla. (Ion, 44)620.2310.461
WUPXLexington, Ky. (Ion, 67)630.2170.434
WLPXCharleston-Huntington, W.Va. (Ion, 29)650.2140.428
WPXRRoanoke-Lynchburg, Va. (Ion, 38)680.2000.400
KPXOHonolulu (Ion, 66)720.1880.376
KFPXDes Moines, Iowa (Ion, 39)730.1880.375
KGPXSpokane, Wash. (Ion, 34)770.1780.355
WSPXSyracuse, N.Y. (Ion, 56)790.1740.348
KPXRCedar Rapids-Waterloo, Iowa (Ion, 48)890.1500.299
WEPXGreenville-New Bern, N.C. (Ion, 38)1070.1220.243
WTPXWausau-Rhinelander, Wis. (Ion, 46)1340.0810.162

OTHER MEDIA INTERESTS: Low-power TV stations; Ion television network; Ion Life digital network; 51% interest in kids’ TV network, qubo

4. NBC Universal GE

(subsidiary of General Electric Co., 80% owner; 20% owned by Vivendi Universal)
30.49% coverage (FCC)
26 stations
35.87% coverage (total)
30 Rockefeller Plaza
New York, NY 10112
Phone: 212-664-4444
Fax: 212-664-4085
BOB WRIGHT, chairman of the board, NBC Universal; vice chairman, General Electric
JEFF ZUCKER, president/CEO, NBC Universal
JAY IRELAND, president, NBC Universal Television Stations and Network Operations

StationMarket (affiliate, ch.)DMAFCC%Coverage Total%
WNBCNew York (NBC, 4)16.6166.616
WNJUNew York (Tel, 47)1
KNBCLos Angeles (NBC, 4)25.0395.039
KWHYLos Angeles (Tel, 22)2
KVEALos Angeles (Tel, 52)2
WMAQChicago (NBC, 5)33.1033.103
WSNSChicago, (Tel, 44)3
WCAUPhiladelphia (NBC, 10)42.6422.642
KNTVSan Francisco-Oakland (NBC, 11)52.1412.141
KSTSSan Francisco-Oakland (Tel, 48)5
KXASDallas-Ft. Worth (NBC, 5)62.1362.136
KXTXDallas-Ft. Worth (Tel, 39)6
WNEUBoston (Tel, 60)71.0652.130
WRCWashington (NBC, 4)82.0412.041
KTMDHouston (Tel, 47)100.8901.780
KTAZPhoenix (Tel, 39)130.7751.549
WTVJMiami-Ft. Lauderdale (NBC, 6)161.3821.382
WSCVMiami-Ft. Lauderdale (Tel, 51)16
KDENDenver (Tel, 25)180.6431.286
KNSDSan Diego (NBC, 39)270.4630.925
WVITHartford-New Haven, Conn. (NBC, 30)280.4560.911
KVDASan Antonio (Tel, 60)370.3480.696
KBLRLas Vegas (Tel, 39)430.3020.603
KNSOFresno-Visalia, Calif. (Tel, 51)550.2510.501
KHRRTucson, Ariz. (Tel, 40)700.1950.389
WKAQSan Juan, Puerto Rico (Tel, 2)999

OTHER MEDIA INTERESTS: NBC TV Network; Spanish-language Telemundo network; NBC Universal Television Studios; NBC Universal Television Distribution; Universal Pictures; cable channels Bravo, Sci Fi Channel, USA Networks, Universal HD, CNBC, MSNBC (with Microsoft Inc.), A&E Television Networks (joint venture with Disney and Hearst), mun2 and Telemundo International; GE Equity and NBC Universal own 40% of ShopNBC; Universal Parks and Resorts; many Websites tied to channels and products

5. Tribune Co. TRB

27.58% coverage (FCC)
23 stations
35.51% coverage (total)
435 N. Michigan Ave.
Chicago, IL 60611
Phone: 312-222-3333
Fax: 312-329-0611
JOHN E. REARDON, president, Tribune Broadcasting
On April 2, Tribune Co. announced that billionaire Sam Zell would buy the company for approximately $8.2 billion, with expectations that he will immediately divest the Chicago Cubs and the company’s interest in Comcast SportsNet Chicago. The deal requires FCC and stockholder approval and is not expected to close until the fourth quarter. If it is approved, the company will be privately held.

StationMarket (affiliate, ch.)DMAFCC%Coverage Total%
WPIXNew York (CW, 11)16.6166.616
KTLALos Angeles (CW, 5)25.0395.039
WGNChicago (CW, 9)33.1033.103
WPHLPhiladelphia (My, 17)41.3212.642
KDAFDallas-Ft. Worth (CW, 33)61.0682.136
WDCWWashington (CW, 50)81.0212.041
KHCWHouston (CW, 39)100.8901.780
KCPQSeattle-Tacoma (Fox, 13)141.5491.549
KMYQSeattle-Tacoma (My, 22)14
WSFLMiami-Ft. Lauderdale (CW, 39)160.6911.382
KWGNDenver (CW, 2)181.2861.286
KTXLSacramento-Stockton, Calif. (Fox, 40)200.6151.229
KPLRSt. Louis (CW, 11)211.1041.104
KRCWPortland, Ore. (CW, 32)230.5021.004
WTTVIndianapolis (CW, 4)250.9520.952
WXINIndianapolis (Fox, 59)25
KSWBSan Diego (CW, 69)270.4630.925
WTXXHartford-New Haven, Conn. (CW, 20)280.4560.911
WTICHartford-New Haven, Conn. (Fox, 61)28
WXMIGrand Rapids, Mich. (Fox, 17)390.3300.660
WPMTHarrisburg-Lancaster, Pa. (Fox, 43)410.3210.641
WGNONew Orleans (ABC, 26)540.2550.509
WNOLNew Orleans (CW, 38)54

OTHER MEDIA INTERESTS: 11 English-language daily newspapers (including Chicago Tribune, Newsday and Los Angeles Times); Spanish-language newspaper Hoy in Los Angeles and Chicago; Tribune Entertainment; TV Food Network (31%); Comcast SportsNet Chicago (25%); Tribune Media Services; CLTV Chicago cable news channel; WGN(AM) Chicago; Superstation WGN; CareerBuilder (42.5%); Classified Ventures (28%); ShopLocal (42.5%); (33.7%); Chicago Cubs; Tribune Interactive.

6. ABC TV Stations Group DIS

(subsidiary of Walt Disney Co.)
23.28% coverage (FCC)
10 stations
23.53% coverage (total)
77 W. 66th St.
New York, NY 10023
Phone: 212-456-7777
Fax: 212-456-6850
ROBERT IGER, president/CEO, Disney
WALTER LISS, president, ABC Owned Television Stations

StationMarket (affiliate, ch.)DMAFCC%Coverage Total%
WABCNew York (ABC, 7)16.6166.616
KABCLos Angeles (ABC, 7)25.0395.039
WLSChicago (ABC, 7)33.1033.103
WPVIPhiladelphia (ABC, 6)42.6422.642
KGOSan Francisco-Oakland (ABC, 7)52.1412.141
KTRKHouston (ABC, 13)101.7801.780
WTVDRaleigh-Durham, N.C. (ABC, 11)290.9040.904
KFSNFresno-Visalia, Calif. (ABC, 30)550.2510.501
WJRTFlint-Saginaw, Mich. (ABC, 12)660.4260.426
WTVGToledo, Ohio (ABC, 13)710.3820.382

OTHER MEDIA INTERESTS: ABC TV Network; ESPN Radio; Radio Disney; ABC Entertainment TV Group (production and primetime development); Walt Disney Television International; ABC Television Studios; Buena Vista Domestic Television Distribution; Buena Vista Television International; cable networks: Disney Channel, Toon Disney, ABC Family, SOAPnet, 80% of ESPN, 50% of Lifetime Television (with Hearst Corp.), A&E Television Networks (joint venture with NBC and Hearst); Walt Disney Pictures; Touchstone Pictures; Miramax Films; Buena Vista Motion Picture Group; Walt Disney Parks and Resorts; Hyperion Books; Walt Disney Internet Group

7. Univision

(owned by Broadcasting Media Partners, a consortium composed of private-equity investors led by Texas Pacific Group and Thomas H. Lee Partners: Madison Dearborn, Providence Equity and Saban Capital Group. This deal closed March 29.)
22.11% coverage (FCC)
40 stations
43.84% coverage (total)
5999 Center Dr.
Los Angeles, CA 90045
Phone: 310-216-3434

StationMarket (affiliate, ch.)DMAFCC% Coverage Total%
WXTVNew York (Uni, 41)13.3086.616
WFUTNew York (Tlf, 68)1
KMEXLos Angeles (Uni, 34)22.5205.039
KFTRLos Angeles (Tlf, 46)2
WXFTChicago (Tlf, 60)31.5523.103
WGBOChicago (Uni, 66)3
WUVPPhiladelphia (Uni, 65)41.3212.642
KDTVSan Francisco-Oakland (Uni, 14)51.0712.141
KFSFSan Francisco-Oakland (Tlf, 66)5
KUVNDallas-Ft. Worth (Uni, 23)61.0682.136
KSTRDallas-Ft. Worth (Tlf, 49)6
WUTFBoston (Tlf, 66)71.0652.130
WFDCWashington (Tlf, 14)81.0212.041
WUVGAtlanta (Uni, 34)90.9911.981
KXLNHouston (Uni, 45)100.8901.780
KFTHHouston (Tlf, 67)10
WFTTTampa-St Petersburg, Fla. (Tlf, 50)120.7891.577
KFPHPhoenix (Tlf, 13)130.7751.549
KTVWPhoenix (Uni, 33)13
WLTVMiami-Ft. Lauderdale (Uni, 23)160.6911.382
WAMIMiami-Ft. Lauderdale (Tlf, 69)16
WQHSCleveland-Akron (Uni, 61)170.6911.381
KTFDDenver (Tlf, 14)180.6431.286
WOTFOrlando-Daytona Beach, Fla. (Tlf, 43)190.6271.254
KUVSSacramento-Stockton, Calif. (Uni, 19)200.6151.229
KTFKSacramento-Stockton, Calif. (Tlf, 64)20
WUVCRaleigh-Durham, N.C. (Uni, 40)290.4520.904
KUTHSalt Lake City (Uni, 32)350.3770.754
KNICSan Antonio (Tlf, 17)370.3480.696
KWEXSan Antonio (Uni, 41)37
KTFQAlbuquerque-Santa Fe (Tlf, 14)450.2980.595
KAKWAustin, Texas (Uni, 62)520.2710.541
KFTVFresno-Visalia, Calif. (Uni, 21)550.2510.501
KTFFFresno-Visalia, Calif. (Tlf, 61)55
KFTUTucson, Ariz. (Tlf, 3)700.3890.389
KUVETucson, Ariz. (Uni, 46)70
KUVIBakersfield, Calif. (My, 45)1260.0950.189
WSTE*San Juan, PR (Ind, 7)PR
WLIISan Juan, PR (Ind, 11)PR
WSURSan Juan, PR (Ind, 9)PR

OTHER MEDIA INTERESTS: Univision and TeleFutura broadcast networks; Galavisión cable network; Univision Radio, which owns and/or operates 69 radio stations in 16 of the top 25 U.S. Hispanic markets and four stations in Puerto Rico; Univision Music Group, which includes Univision Records, Fonovisa Records, La Calle Records and Mexico-based Disa Records, as well as Fonomusic and America Musical Publishing companies; Univision Online at; a 50% interest in TuTv, a joint venture formed to broadcast Televisa’s five pay-television networks in the U.S.; and a non-voting 14.9% interest in Entravision Communications Corp., a public Spanish-language media company.

8. Trinity Broadcasting Network Private

17.61% coverage (FCC)
24 stations
35.22% coverage (total)
2442 Michelle Dr.
Tustin, CA 92780
Phone: 714-832-2950
Fax: 714-665-2191
PAUL F. CROUCH, president
AL BROWN, chief financial officer

StationMarket (affiliate, ch.)DMAFCC%Coverage Total%
WTBYNew York (TBN, 54)13.3086.616
KTBNLos Angeles (TBN, 40)22.5205.039
WWTOChicago (Ind, 35)31.5523.103
WGTWPhiladelphia (Ind, 48)41.3212.642
KDTXDallas-Ft. Worth (Ind, 58)61.0682.136
WHSGAtlanta (TBN, 63)90.9911.981
KPAZPhoenix (TBN, 21)130.7751.549
KTBWSeattle-Tacoma (TBN, 20)140.7751.549
WHFTMiami-Ft. Lauderdale (Ind, 45)160.6911.382
WDLICleveland-Akron, Ohio (Ind, 17)170.6911.381
WTGLOrlando-Daytona Beach, Fla. (Ind, 52)190.6271.254
WCLJIndianapolis (Ind, 42)250.4760.952
WPGDNashville, Tenn. (TBN, 50)300.4240.848
WTJPBirmingham, Ala. (TBN, 60)400.3250.650
WBUYMemphis, Tenn. (Ind, 40)440.2990.597
KNATAlbuquerque-Santa Fe (Ind, 23)450.2980.595
KTBOOklahoma City (TBN, 15)460.2980.595
WKOIDayton, Ohio (TBN, 43)580.2390.477
WMPVMobile, Ala.-Pensacola, Fla. (Ind, 21)590.2360.471
KDORTulsa, Okla. (TBN, 17)620.2310.461
KAAHHonolulu (Ind, 26)720.1880.376
WELFChattanooga, Tenn. (TBN, 23)860.1560.312
WMCFMontgomery, Ala. (TBN, 45)1170.1090.217
KTAJSt. Joseph, Mo. (TBN, 16)2010.0210.041

OTHER MEDIA INTERESTS: more than 240 low-power TV stations; cable channels TBN, The Church Channel, TBN Enlace USA, JCTV, TBN Europe, TBN Africa, TBN Asia-South Pacific; Trinity Christian Center International; Trinity Music City USA; International Production Center; TBN Films; Smile of a Child; TBN Radio Paradise; KTBN short-wave radio

9. Gannett Broadcasting GCI

16.66% coverage (FCC)
22 stations
18.05% coverage (total)
7950 Jones Branch Dr.
McLean, VA 22107
Phone: 703-854-6000
Fax: 703-854-2002
CRAIG A. DUBOW, chairman/president/CEO, Gannett Co. Inc.
ROGER L. OGDEN, president/CEO, Gannett Broadcasting

StationMarket (affiliate, ch.)DMAFCC%Coverage Total%
WUSAWashington (CBS, 9)82.0412.041
WXIAAtlanta (NBC, 11)91.9811.981
WATLAtlanta (My, 36)9
WTSPTampa-St Petersburg, Fla. (CBS, 10)120.7891.577
KPNXPhoenix (NBC, 12)131.5491.549
KAREMinneapolis-St. Paul (NBC, 11)151.5071.507
WKYCCleveland-Akron, Ohio (NBC, 3)171.3811.381
KUSADenver (NBC, 9)181.2861.286
KTVDDenver (My, 20)18
KXTVSacramento-Stockton, Calif. (ABC, 10)201.2291.229
KSDKSt. Louis (NBC, 5)211.1041.104
WZZMGrand Rapids, Mich. (ABC, 13)390.3300.660
WFMYGreensboro-High Point, N.C. (CBS, 2)470.5930.593
WGRZBuffalo, N.Y. (NBC, 2)490.5750.575
WTLVJacksonville, Fla. (NBC, 12)500.5740.574
WJXXJacksonville, Fla. (ABC, 25)50
KTHVLittle Rock-Pine Bluff, Ark. (CBS, 11)570.4850.485
WBIRKnoxville, Tenn. (NBC, 10)600.4700.470
WCSHPortland-Auburn, Maine (NBC, 6)740.3670.367
WLTXColumbia, S.C. (CBS, 19)830.1700.339
WMAZMacon, Ga. (CBS, 13)1210.1040.207
WLBZBangor, Maine (NBC, 2)1520.1290.129

OTHER MEDIA INTERESTS: Captivate, an elevator-based video advertising network; 90 daily U.S. newspapers, including USA Today and USA Weekend; more than 1,000 non-daily publications; UK-based Newsquest plc with 17 daily newspapers and 300 non-daily publications; several newspaper-related businesses. Career (42.5%); Classified Ventures (23.6%); (42.5%); (31.9%); Shermans Travel (23.3%); mobile information service 4INFO (minority interest). Online interests: and many other Websites linked to TV stations and newspapers

10. Hearst-Argyle Television Inc. HTV

(72% owned by privately held Hearst Corp.)
16.40% coverage (FCC)
29 stations
18.11% coverage (total)
888 Seventh Ave.
New York, NY 10106
Phone: 212-887-6800
Fax: 212-887-6875
VICTOR GANZI, president/CEO, Hearst Corp./chairman, Hearst-Argyle Television
DAVID BARRETT, president/CEO, Hearst-Argyle Television

StationMarket (affiliate, ch.)DMAFCC%Coverage Total%
WCVBBoston (ABC, 5)72.1302.130
WMURBoston (ABC, 9)7
WMOR*Tampa-St Petersburg, Fla. (Ind, 32)120.7891.577
WESHOrlando-Daytona Beach, Fla. (NBC, 2)191.2541.254
WKCFOrlando-Daytona Beach, Fla. (CW, 18)19
KCRASacramento-Stockton, Calif. (NBC, 3)201.2291.229
KQCASacramento-Stockton, Calif. (My, 58)20
WTAEPittsburgh (ABC, 4)221.0451.045
WBALBaltimore (NBC, 11)240.9850.985
KMBCKansas City, Kan.-Mo. (ABC, 9)310.8200.820
KCWE*Kansas City, Kan.-Mo. (CW, 29)31
WLWTCincinnati (NBC, 5)330.7970.797
WISNMilwaukee, Wis. (ABC, 12)340.7930.793
WYFFGreenville-Spartanburg, S.C. (NBC, 4)360.7420.742
WPBF*West Palm Beach, Fla. (ABC, 25)380.3470.693
WGALHarrisburg-Lancaster, Pa. (NBC, 8)410.6410.641
KOATAlbuquerque-Santa Fe (ABC, 7)450.5950.595
KOCOOklahoma City (ABC, 5)460.5950.595
WXIIGreensboro-High Point, N.C. (NBC, 12)470.5930.593
WLKYLouisville, Ky. (CBS, 32)480.2910.582
WDSUNew Orleans (NBC, 6)540.5090.509
KITVHonolulu (ABC, 4)720.3760.376
KCCIDes Moines-Ames, Iowa (CBS, 8)730.3750.375
WMTWPortland-Auburn, Maine (ABC, 8)740.3670.367
KETVOmaha, Neb. (ABC, 7)750.3620.362
WAPTJackson, Miss. (ABC, 16)870.1550.309
WPTZBurlington, Vt.-Plattsburgh, N.Y. (NBC, 5)900.2940.294
KHBSFt. Smith-Fayetteville, Ark. (ABC, 40)1020.1260.252
KSBWMonterey-Salinas, Calif. (NBC, 8)1240.1960.196

OTHER MEDIA INTERESTS: Two radio stations; approximately 24% of Internet Broadcasting Systems Inc. (site developer). Parent Hearst Corp. owns Hearst Entertainment, 50% of Lifetime Television (joint venture with Disney), New England Cable News (with MediaOne), 20% of ESPN, A&E Television Networks (joint venture with NBC and Disney); newspapers, monthly consumer magazines including Esquire, Town & Country, Good Housekeeping, Harper’s Bazaar

11. Belo Corp. BLC

12.93% coverage (FCC)
21 stations
14.00% coverage (total)
P.O. Box 655237
Dallas, TX 75265
Phone: 214-977-6606
Fax: 214-977-6603
DUNIA SHIVE, president, COO

StationMarket (affiliate, ch.)DMAFCC%Coverage Total%
WFAADallas-Ft. Worth (ABC, 8)62.1362.136
KHOUHouston (CBS, 11)101.7801.78
KTVKPhoenix (Ind, 3)131.5491.549
KASWPhoenix (CW, 61)13
KINGSeattle-Tacoma (NBC, 5)141.5491.549
KONGSeattle-Tacoma (Ind, 16)14
KMOVSt. Louis (CBS, 4)211.1041.104
KGWPortland, Ore. (NBC, 8)231.0041.004
WCNCCharlotte, N.C. (NBC, 36)260.4700.939
KCWX*San Antonio (CW, 2)370.6960.696
KENSSan Antonio (CBS, 5)37
WVECNorfolk-Portsmouth, Va. (ABC, 13)420.3200.640
WHASLouisville, Ky. (ABC, 11)480.5820.582
KVUEAustin, Texas (ABC, 24)520.2710.541
WWLNew Orleans (CBS, 4)540.5090.509
WUPLNew Orleans (My, 54)54
KMSBTucson, Ariz. (Fox, 11)700.3890.389
KTTUTucson, Ariz. (My, 18)70
KREMSpokane, Wash. (CBS, 2)770.3550.355
KSKNSpokane, Wash. (CW, 22)77
KTVBBoise, Idaho (NBC, 7)1180.2150.215

OTHER MEDIA INTERESTS: Low-power TV stations; daily newspapers including The Dallas Morning News, Providence Journal, The Press-Enterprise (Riverside, Calif.) and Denton Record-Chronicle (Texas); specialty publications targeting youths and Hispanics; owns three cable news channels, including NorthWest Cable News and Texas Cable News; operates four other cable news channels in partnership with Cox Communications; more than 30 Websites affiliated with its newspaper and TV properties

12. Sinclair Broadcast Group SBGI

11.76% coverage (FCC)
55 stations
21.52% coverage (total)
10706 Beaver Dam Rd.
Hunt Valley, MD 21030
Phone: 410-568-1500
Fax: 410-568-1533
DAVID D. SMITH, president/CEO
STEVEN M. MARKS, COO, television

StationMarket (affiliate, ch.)DMAFCC%Coverage Total%
WTTATampa-St Petersburg, Fla. (My, 38)120.7891.577
WUCWMinneapolis-St. Paul (CW, 23)150.7541.507
KDNLSt. Louis (ABC, 30)210.5521.104
WPMYPittsburgh (My, 22)220.5231.045
WPGHPittsburgh (Fox, 53)22
WBFFBaltimore (Fox, 45)240.4930.985
WNUV*Baltimore (CW, 54)24
WLFLRaleigh-Durham, N.C. (CW, 22)290.4520.904
WRDCRaleigh-Durham, N.C. (My, 28)29
WZTVNashville, Tenn. (Fox, 17)300.4240.848
WUXPNashville, Tenn. (My, 30)30
WNABNashville, Tenn. (CW, 58)30
WSYXColumbus, Ohio (ABC, 6)320.8070.807
WTTE*Columbus, Ohio (Fox, 28)32
WSTRCincinnati, Ohio (My, 64)330.3990.797
WVTVMilwaukee, Wis. (CW, 18)340.3970.793
WCGVMilwaukee, Wis. (My, 24)34
WLOSGreenville-Spartanburg, S.C. (ABC, 13)360.3710.742
WMYA*Greenville-Spartanburg, S.C. (My, 40)36
KABBSan Antonio (Fox, 29)370.3480.696
KMYSSan Antonio (My, 35)37
WTTOBirmingham, Ala. (CW, 21)400.3250.650
WABMBirmingham, Ala. (My, 68)40
WTVZNorfolk-Portsmouth, Va. (My, 33)420.3200.640
KVMYLas Vegas (My, 21)430.3010.603
KVCWLas Vegas (CW, 33)43
KOKHOklahoma City (Fox, 25)460.2980.595
KOCBOklahoma City (CW, 34)46
WXLVGreensboro-High Point, N.C. (ABC, 45)470.2970.593
WMYVGreensboro-High Point, N.C. (My, 48)47
WUTVBuffalo, N.Y. (Fox, 29)490.2880.575
WNYOBuffalo, N.Y. (My, 49)49
WKEFDayton, Ohio (ABC, 22)580.2390.477
WRGT*Dayton, Ohio (Fox, 45)58
WEARMobile, Ala.-Pensacola, Fla. (ABC, 3)590.4710.471
WFGXMobile, Ala.-Pensacola, Fla. (My, 35)59
WRLHRichmond-Petersburg, Va. (Fox, 35)610.2330.465
WDKYLexington, Ky. (Fox, 56)630.2170.434
WCHSCharleston-Huntington, W.Va. (ABC, 8)650.4280.428
WVAH*Charleston-Huntington, W.Va. (Fox, 11)65
WSMHFlint-Saginaw-Bay City, Mich. (Fox, 66)660.2130.426
KDSMDes Moines-Ames, Iowa (Fox, 17)730.1880.375
WGMEPortland-Auburn, Maine (CBS, 13)740.1840.367
WNYS*Syracuse, N.Y. (My, 43)790.1740.348
WSYTSyracuse, N.Y. (Fox, 68)79
KBSIPaducah-Cape Girardeau, Mo. (Fox, 23)800.1730.345
WDKA*Paducah-Cape Girardeau, Mo. (My, 49)80
WICSChampaign-Springfield, Ill. (ABC, 20)820.1700.340
WMSNMadison, Wis. (Fox, 47)850.1660.332
KGANCedar Rapids-Waterloo, Iowa (CBS, 2)890.2990.299
WTAT*Charleston, S.C. (Fox, 24)1000.1310.261
WMMPCharleston, S.C. (My, 36)100
WTWCTallahassee, Fla. (NBC, 40)1080.1200.239
WGGBSpringfield-Holyoke, Mass. (ABC, 40)1090.1190.238
WYZZPeoria-Bloomington, Ill. (Fox, 43)1160.1090.218

OTHER MEDIA INTERESTS: Sinclair Ventures has equity interests in such companies as G.1440, Jadoo Power Systems and VisionAir; Acrodyne Industries Inc.

13. Cox Enterprises Private

10.14% coverage (FCC)
15 stations
10.28% coverage (total)
6205 Peachtree Dunwoody Rd.
Atlanta, GA 30328
Phone: 678-645-0000
Fax: 678-678-0079
JAMES C. KENNEDY, chairman/CEO, Cox Enterprises
JIMMY W. HAYES, president/COO, Cox Enterprises
PATRICK J. ESSER, president, Cox Communications
ANDREW S. FISHER, president, Cox Television
BRUCE R. BAKER, executive VP, Cox Television

StationMarket (affiliate, ch.)DMAFCC%Coverage Total%
KTVUSan Francisco-Oakland (Fox, 2)52.1412.141
KICUSan Francisco-Oakland (Ind, 36)5
WSBAtlanta (ABC, 2)91.9811.981
KIROSeattle-Tacoma, Wash. (CBS, 7)141.5491.549
WFTVOrlando-Daytona Beach, Fla. (ABC, 9)191.2541.254
WRDQOrlando-Daytona Beach, Fla. (Ind, 27)19
WPXIPittsburgh (NBC, 11)221.0451.045
WSOCCharlotte, N.C. (ABC, 9)260.9390.939
WAXNCharlotte, N.C. (Ind, 64)26
WHIODayton, Ohio (CBS, 7)580.4770.477
WJACJohnstown-Altoona, Pa. (NBC, 6)980.2640.264
KFoxEl Paso, Texas (Fox, 14)990.1320.264
KRXIReno (Fox, 11)1100.2350.235
KAME*Reno (My, 21)110
WTOVWheeling, W.Va. (NBC, 9)1550.1270.127

OTHER MEDIA INTERESTS: Cox Newspapers, Cox Radio Inc.; Cox Communications, Cox, Cox Radio Interactive, Manheim Auctions

14. Clear Channel Communications CCU

(Sale pending)**
8.75% coverage (FCC)
33 stations
12.47% coverage (total)
200 Basse Rd.
San Antonio, TX 78209
Phone: 210-822 2828
L. LOWRY MAYS, chairman
DONALD PERRY, president/CEO, Clear Channel Television

StationMarket (affiliate, ch.)DMAFCC%Coverage Total%
KFTYSan Francisco-Oakland (Ind, 50)51.0712.141
KVOSSeattle-Tacoma, Wash. (Ind, 12)141.5491.549
WKRCCincinnati, Ohio (CBS, 12)330.7970.797
KTVXSalt Lake City (ABC, 4)350.7540.754
KUCWSalt Lake City (CW, 30)35
WOAISan Antonio (NBC, 4)370.6960.696
WHPHarrisburg-Lancaster, Pa. (CBS, 21)410.6410.641
WLYH*Harrisburg-Lancaster, Pa. (CW, 15)41
WPTYMemphis, Tenn. (ABC, 24)440.2990.597
WLMTMemphis, Tenn. (CW, 30)44
WAWSJacksonville, Fla. (Fox, 30)500.2870.574
WTEVJacksonville, Fla. (CBS, 47)50
KGPEFresno-Visalia, Calif. (CBS, 47)550.2510.501
WXXAAlbany-Schenectady, N.Y. (Fox, 23)560.2490.498
KLRTLittle Rock-Pine Bluff, Ark. (Fox, 16)570.2430.485
KASNLittle Rock-Pine Bluff, Ark. (CW, 38)57
WPMIMobile, Ala.-Pensacola, Fla. (NBC, 15)590.2360.471
WJTCMobile, Ala.-Pensacola, Fla. (Ind, 44)59
KOKITulsa, Okla. (Fox, 23)620.2310.461
KMYTTulsa, Okla. (My, 41)62
KSASWichita-Hutchinson, Kan. (Fox, 24)670.2000.400
KMTW*Wichita-Hutchinson, Kan. (My, 36)67
WHAMRochester, N.Y. (ABC, 13)780.1770.353
WSYRSyracuse, N.Y. (ABC, 9)790.3480.348
KMTREugene, Ore. (NBC, 16)1200.1040.208
KCOYSanta Barbara Calif. (CBS, 12)1220.2040.204
KIONMonterey-Salinas, Calif. (CBS, 46)1240.0980.196
KGETBakersfield, Calif. (NBC, 17)1260.0950.189
WIVTBinghamton, N.Y. (ABC, 34)1570.0620.124
WETMElmira, N.Y. (NBC, 18)1730.0440.087
WJKTJackson, Tenn. (Ind, 16)1740.0430.085
WWTIWatertown, N.Y. (ABC, 50)1760.0420.084
KTVFFairbanks, Alaska (NBC, 11)2020.0300.030

OTHER MEDIA INTERESTS: Low-power TV stations; Clear Channel Radio; Clear Channel Outdoor (billboards); with partners, owns more than 240 radio stations in Mexico, Australia and New Zealand; Premiere Radio Networks (syndication); Katz Media Group rep firm

15. Pappas Telecasting Companies Private

8.65% coverage (FCC)
22 stations
12.56% coverage (total)
500 S. Chinowth Rd.
Visalia, CA 93277
Phone: 559-733-7800
Fax: 559-733-7878
DENNIS J. DAVIS, president/COO
HOWARD H. SHRIER, senior executive VP/COO, TV stations group

StationMarket (affiliate, ch.)DMAFCC%Coverage Total%
KAZALos Angeles (AZT, 54)22.5205.039
KUNOSan Francisco-Oakland (INS, 8)52.1412.141
KTNCSan Francisco-Oakland (AZT, 42)***5
KAZHHouston (AZT, 57)***101.7801.780
WCWGGreensboro-High Point, N.C. (CW, 20)470.2970.593
KFREFresno-Visalia, Calif. (CW, 59)550.2510.501
KMPHFresno-Visalia, Calif. (Fox, 26)55
WWAZGreen Bay-Appleton, Wis. (Ind, 68)690.1950.390
KCWIDes Moines-Ames, Iowa (CW, 23)730.1880.375
KPTMOmaha, Neb. (Fox, 42)750.1810.362
KXVO*Omaha, Neb. (CW, 15)75
KDBCEl Paso, Texas (CBS, 4)990.2640.264
KHGILincoln-Hastings, Neb. (ABC, 13)1040.2480.248
KSNB*Lincoln-Hastings, Neb. (Fox, 4)104
KTVG*Lincoln-Hastings, Neb. (Fox, 17)104
KRENReno, Nev. (CW, 27)1100.1180.235
KCWKYakima-Pasco, Wash. (CW, 9)1250.1920.192
WLGAColumbus, Ga. (CW, 66)1280.0930.186
KPTHSioux City, Iowa (Fox, 44)1430.0710.141
KMEGSioux City, Iowa (CBS, 14)143
KSWTYuma, Ariz.-El Centro, Calif. (CBS, 13)1670.0960.096
KWNBNorth Platte, Neb. (ABC, 6)2090.0140.014

OTHER MEDIA INTERESTS: Low-power TV stations; owns 16 on-air digital channels and operates three others under lease management agreements; KTRB(AM) and KMPH(AM); construction permits for one AM station and 10 additional TV stations

16. E.W. Scripps Co. SSP****

8.03% coverage (FCC)
10 stations
10.00% coverage (total)
312 Walnut St.
Scripps Center 2800
Cincinnati, OH 45202
Phone: 513-977-3000
Fax: 513-977-3721
KENNETH W. LOWE, president/CEO
WILLIAM B. PETERSON, senior VP, Television Station Group

StationMarket (affiliate, ch.)DMAFCC%Coverage Total%
WXYZDetroit, Mich. (ABC, 7)111.7411.741
WFTSTampa-St Petersburg, Fla. (ABC, 28)120.7891.577
KNXVPhoenix (ABC, 15)130.7751.549
WEWSCleveland-Akron (ABC, 5)171.3811.381
WMARBaltimore (ABC, 2)240.9850.985
KMCIKansas City, Kan.-Mo. (Ind, 38)310.4100.820
KSHBKansas City, Kan.-Mo. (NBC, 41)31
WCPOCincinnati (ABC, 9)330.7970.797
WPTVWest Palm Beach, Fla. (NBC, 5)380.6930.693
KJRHTulsa, Okla. (NBC, 2)620.4610.461

OTHER MEDIA INTERESTS: Cable networks: HGTV, Food Network, DIY Network, Fine Living and Great American Country, plus stake in Sports South; United Media; daily and community newspapers in 17 markets; Scripps Howard News Service; online comparison-shopping services Shopzilla and UK-based uSwitch; other online operations include,,,,, and

17. Raycom Private

7.96% coverage (FCC)
32 stations
10.29% coverage (total)
RSA Tower, 20th Floor
201 Monroe St.
Montgomery, AL 36104
Phone: (334) 206-1400
Fax: (334) 206-1555
PAUL McTEAR, president/CEO

StationMarket (affiliate, ch.)DMAFCC%Coverage Total%
WOIOCleveland-Akron (CBS, 19)170.6911.381
WUABCleveland-Akron (My, 43)17
WXIXCincinnati (Fox, 19)330.3990.797
WFLXWest Palm Beach, Fla. (Fox, 29)380.3470.693
WMCMemphis, Tenn. (NBC, 5)440.5970.597
WAVELouisville, Ky. (NBC, 3)480.5820.582
WTNZKnoxville, Tenn. (Fox, 43)600.2350.470
WTVRRichmond-Petersburg, Va. (CBS, 6)610.4650.465
KOLDTucson, Ariz. (CBS, 0)700.1950.389
WTOLToledo, Ohio (CBS, 11)710.3820.382
KFVEHonolulu (My, 5)720.3760.376
KHNLHonolulu (NBC, 13)72
KFVSPaducah-Cape Girardeau, Mo. (CBS, 12)800.3450.345
KSLAShreveport, La. (CBS, 12)810.3420.342
WISColumbia, S.C. (NBC, 10)830.3390.339
WAFFHuntsville-Decatur, Ala. (NBC, 48)840.1690.337
WLBTJackson, Miss. (NBC, 3)870.3090.309
WAFBBaton Rouge, La. (CBS, 9)930.2900.290
WTOCSavannah, Ga. (CBS, 11)970.2680.268
WFIEEvansville, Ind. (NBC, 14)1010.1300.260
KLTVTyler-Longview, Texas (ABC, 7)1110.2320.232
WSFAMontgomery, Ala. (NBC, 12)1170.2170.217
WTVMColumbus, Ga. (ABC, 9)1280.1860.186
WECTWilmington, N.C. (NBC, 6)1360.1560.156
WALBAlbany, Ga. (NBC, 10)1450.1380.138
KCBDLubbock, Texas (NBC, 11)1470.1360.136
WPGXPanama City, Fla. (Fox, 28)1560.0630.126
WLOXBiloxi-Gulfport, Miss. (ABC, 13)1600.0610.121
WDAMHattiesburg-Laurel, Miss. (NBC, 7)1650.1000.100
WDFXDothan, Ala. (Fox, 34)1720.0450.089
KPLCLake Charles, La. (NBC, 7)1750.0850.085
KAITJonesboro, Ark. (ABC, 8)1800.0800.080

OTHER MEDIA INTERESTS: Raycom Sports (production, marketing, events management); Raycom Post (a post-production facility); Broadview Media (a post-production/telecommunications company) and CableVantage (a cable-advertising sales group)

18. Media General MEG, MEG-A

7.94% coverage (FCC)
23 stations
9.46% coverage (total)
333 E. Franklin St.
Richmond, VA 23219
Phone: 804-649-6000
Fax: 804-775-4603
J. STEWART BRYAN III, chairman, Media General Inc.
JAMES A. ZIMMERMAN, president, Broadcast Division

StationMarket (affiliate, ch.)DMAFCC%Coverage Total%
WFLATampa-St Petersburg, Fla. (NBC, 8)121.5771.577
WNCNRaleigh-Durham, N.C. (NBC, 17)290.4520.904
WCMHColumbus, Ohio (NBC, 4)320.8070.807
WSPAGreenville-Spartanburg, S.C. (CBS, 7)360.7420.742
WNEGGreenville-Spartanburg, S.C. (CBS, 32)36
WYCWGreenville-Spartanburg, S.C. (CW, 62)36
WVTMBirmingham, Ala. (NBC, 13)400.3250.650
WCWJJacksonville, Fla. (CW, 17)500.2870.574
WJARProvidence, R.I.. (NBC, 10)510.5690.569
WKRGMobile, Ala.-Pensacola, Fla. (CBS, 5)590.4710.471
WTVQLexington, Ky. (ABC, 36)630.2170.434
WSLSRoanoke-Lynchburg, Va. (NBC, 10)680.4000.400
WJTVJackson, Miss. (CBS, 12)870.3090.309
WJHLTri-Cities, Tenn.-Va. (CBS, 11)920.2930.293
WSAVSavannah, Ga. (NBC, 3)970.2680.268
WCBDCharleston, S.C. (NBC, 50)1000.2610.261
WBTWMyrtle Beach-Florence, S.C. (CBS, 13)1050.1230.245
WNCTFt. Wayne, Ind. (CBS, 10)1060.2430.243
WJBFAugusta, Ga. (ABC, 6)1140.2220.222
WRBLColumbus, Ga. (CBS, 3)1280.1860.186
WMBBPanama City, Fla. (ABC, 13)1560.0630.126
WHLTHattiesburg-Laurel, Miss. (CBS, 22)1650.0500.100
KALBAlexandria, La. (NBC, 5)1790.0800.080

OTHER MEDIA INTERESTS: Parent owns 25 daily newspapers, including The Tampa Tribune; more than 150 weekly newspapers and periodicals; Media General News Service; online interests include,, and more than 75 other Websites

19. Meredith Corp. MDP

7.68% coverage (FCC)
12 stations
9.20% coverage (total)
1716 Locust St.
Des Moines, IA 50309
Phone: 515-284-3000
Fax: 515-284-2393 or -2700
WILLIAM T. KERR, chairman, Meredith Corp.
STEPHEN M. LACY, president/CEO
PAUL KARPOWICZ, president, Meredith Broadcasting Group

StationMarket (affiliate, ch.)DMAFCC%Coverage Total%
WGCLAtlanta (CBS, 46)90.9911.981
KPHOPhoenix (CBS, 5)131.5491.549
KPTVPortland, Ore. (Fox, 12)231.0041.004
KPDXPortland, Ore. (My, 49)23
WFSBHartford-New Haven, Conn. (CBS, 3)280.9110.911
WSMVNashville, Tenn. (NBC, 4)300.8480.848
KCTVKansas City, Kan.-Mo. (CBS, 5)310.8200.820
KSMOKansas City, Kan.-Mo. (My, 62)31
WHNSGreenville-Spartanburg, S.C. (Fox, 21)360.3710.742
KVVULas Vegas (Fox, 5)430.6030.603
WNEMFlint-Saginaw-Bay City, Mich. (CBS, 5)660.4260.426
WFLIChattanooga, Tenn. (CW, 53)860.1560.312

OTHER MEDIA INTERESTS: Low-power TV stations; more than 25 consumer magazines, including Better Homes and Family Circle, and about 200 special-interest publications; Meredith Hispanic Ventures publishes five Spanish-language titles; Meredith Books; 32 Websites

20. LIN TV Corp. TVL

7.51% coverage (FCC)
26 stations
8.64% coverage (total)
1 Richmond Square
Providence, RI 02906
Phone: (401) 454-2880
Fax: (401) 454-5286
BART CATALANE, chief financial officer
SCOTT BLUMENTHAL, executive VP, television
GREG SCHMIDT, executive VP, digital media
DENISE PARENT, VP, general counsel

StationMarket (affiliate, ch.)DMAFCC%Coverage Total%
WISHIndianapolis (CBS, 8)250.9520.952
WNDYIndianapolis (My, 23)25
WTNHHartford-New Haven, Conn. (ABC, 8)280.9110.911
WCTXHartford-New Haven, Conn. (My, 59)28
WWHOColumbus, Ohio (CW, 53)320.4040.807
WOODGrand Rapids-Kalamazoo, Mich. (NBC, 8)390.6600.660
WOTVGrand Rapids-Kalamazoo, Mich. (ABC, 41)39
WAVYNorfolk-Portsmouth, Va. (NBC, 10)420.6400.640
WVBTNorfolk-Portsmouth, Va. (Fox, 43)42
KASAAlbuquerque-Santa Fe (Fox, 2)450.5950.595
KRQEAlbuquerque-Santa Fe (CBS, 13)45
WIVBBuffalo, N.Y. (CBS, 4)490.5750.575
WNLOBuffalo, N.Y. (CW, 23)49
WPRIProvidence, R.I.. (CBS, 12)510.5690.569
WNAC*Providence, R.I. (My, 64)51
KXANAustin, Texas (NBC, 36)520.2710.541
KNVA*Austin, Texas (CW, 54)52
WDTNDayton, Ohio (NBC, 2)580.4770.477
WALAMobile, Ala.-Pensacola, Fla. (Fox, 10)590.4710.471
WBPGMobile, Ala.-Pensacola, Fla. (CW, 55)59
WLUKGreen Bay-Appleton, Wis. (Fox, 11)690.3900.390
WUPWToledo, Ohio (Fox, 36)710.1910.382
WANEFt. Wayne, Ind. (CBS, 15)1060.1220.244
WWLPSpringfield-Holyoke, Mass. (NBC, 22)1090.1190.238
WTHITerre Haute, Ind. (CBS, 10)1510.1300.130
WLFILafayette, Ind. (CBS, 18)1880.0290.058

OTHER MEDIA INTERESTS: Local weather cable channels; 50% of Banks Broadcasting (KWCV Wichita, Kan., KNIN Boise, Idaho); WAND is managed by but only one-third owned by LIN; also owns 20.38% of NBC’s KXAS Dallas and KNSD San Diego

21. Post-Newsweek Stations WPO

(subsidiary of Washington Post Co.)
7.43% coverage (FCC)
6 stations
7.43% coverage (total)
550 W. Lafayette Blvd.
Detroit MI 48226-3123
Phone: (313) 223-2260
Fax: (313) 223-2263
DONALD E. GRAHAM, chairman/CEO, The Washington Post Co.
ALAN FRANK, president/CEO, Post-Newsweek Stations

StationMarket (affiliate, ch.)DMAFCC%Coverage Total%
KPRCHouston (NBC, 2)101.7801.780
WDIVDetroit (NBC, 4)111.7411.741
WPLGMiami-Ft. Lauderdale (ABC, 10)161.3821.382
WKMGOrlando-Daytona Beach, Fla. (CBS, 6)191.2541.254
KSATSan Antonio (ABC, 12)370.6960.696
WJXTJacksonville, Fla. (Ind, 4)500.5740.574

OTHER MEDIA INTERESTS: Parent owns The Washington Post and other daily and weekly newspapers; Newsweek magazine; Arthur Frommer’s Budget Travel magazine; PostNewsweek Tech Media Group; Kaplan Inc. (educational and career services); Cable One Inc. (cable systems); Washingtonpost.Newsweek Interactive, which oversees such online properties as,, and Budget Travel Online

22. Entravision Communications Corp. EVC

(14.9% owned by Univision, which was bought by Broadcast Media Partners on March 29)
7.02% coverage (FCC)
22 stations
12.73% coverage (total)
2425 Olympic Blvd., Ste. 6000 W
Santa Monica, CA 90404
Phone: 310-447-3870
Fax: 310-447-3899

StationMarket (affiliate, ch.)DMAFCC%Coverage Total%
WUNIBoston (Uni, 27)71.0652.130
WJALWashington (Ind, 68)81.0212.041
WVEATampa-St Petersburg, Fla. (Uni, 62)120.7891.577
KCECDenver (Uni, 50)180.6431.286
KTFD*Denver (Tlf, 14)18
WVENOrlando-Daytona Beach, Fla. (Uni, 26)190.6271.254
XETV*San Diego (Fox, 6)270.9250.925
XHASSan Diego (Tel 33)27
XDTV*San Diego (My, 49)27
WUVNHartford-New Haven, Conn. (Uni, 18)280.4560.911
KINCLas Vegas (Uni, 15)430.3020.603
KLUZAlbuquerque-Santa Fe (Uni, 41)450.2980.595
XRIOHarlingen-Weslaco, Texas (Fox/My/tr3; 2)910.2940.294
KNVOHarlingen-Weslaco, Texas (Uni, 48)91
KINTEl Paso, Texas (Uni, 26)990.1320.264
KTFNEl Paso, Texas (Tlf, 65)99
KPMRSanta Barbara, Calif. (Uni, 38)1220.1020.204
KSMSMonterey-Salinas, Calif. (Uni, 67)1240.0980.196
KOROCorpus Christi, Texas (Uni, 28)1290.0870.174
KUPBOdessa-Midland, Texas (Uni, 18)1590.0610.121
KVYEYuma, Ariz.-El Centro, Calif. (Uni, 7)1670.0960.096
KLDOLaredo, Texas (Uni, 27)1870.0300.059

OTHER MEDIA INTERESTS: 25 low-power TV stations; 52 radio stations in 20 markets; Spanish-language radio network; 10,700 billboards; company holds a minority, limited voting interest in licensees of XHAS and XUPN and provides programming and related services under a time-brokerage arrangement.

23. Young Broadcasting YBTVA

5.79% coverage (FCC)
11 stations
5.83% coverage (total)
599 Lexington Ave.
New York, NY, 10022
Phone: 212-754-7070
Fax: 212-758-1229

StationMarket (affiliate, ch.)DMAFCC%Coverage Total%
KRONSan Francisco-Oakland (My, 4)52.1412.141
WKRNNashville, Tenn. (ABC, 2)300.8480.848
WTENAlbany-Schenectady, N.Y. (ABC, 10)560.4980.498
WATEKnoxville, Tenn. (ABC, 6)600.4700.470
WRICRichmond-Petersburg, Va. (ABC, 8)610.4650.465
WBAYGreen Bay-Appleton, Wis. (ABC, 2)690.3900.390
KWQCDavenport, Iowa-Rock Island, Ill. (NBC, 6)960.2770.277
WLNSLansing, Mich. (CBS, 6)1120.2300.230
KELOSioux Falls-Mitchell, S.D. (CBS, 11)1150.2220.222
KLFYLafayette, La. (CBS, 10)1230.2030.203
KCLORapid City, S.D. (CBS, 15)1770.0420.084

OTHER MEDIA INTERESTS: Satellite TV stations

24. Gray Television GTN

5.18% coverage (FCC)
30 stations
6.02% coverage (total)
4370 Peachtree Rd. NE
Atlanta, GA 30319
Phone: 404-504-9828
HILTON H. HOWELL JR., vice chairman

StationMarket (affiliate, ch.)DMAFCC%Coverage Total%
WVLTKnoxville, Tenn. (CBS, 8)600.4700.470
WKYTLexington, Ky. (CBS, 27)630.2170.434
WYMTLexington, Ky. (CBS, 57)63
WSAZCharleston-Huntington, W.Va. (NBC, 3)650.4280.428
KAKEWichita-Hutchinson, Kan. (ABC, 10)670.4000.400
0WOWTOmaha, Neb. (NBC, 6)750.3620.362
WMTVMadison, Wis. (NBC, 15)850.1660.332
WNDUSouth Bend-Elkhart, Ind. (NBC, 16)880.1500.300.
KKTVColorado Springs-Pueblo, Colo. (CBS, 11)940.2840.284
KBTXWaco-Temple, Texas (CBS, 3)950.2800.280
KWTXWaco-Temple, Texas (CBS, 10)95
KOLNLincoln-Hastings, Neb. (CBS, 10)1040.2480.248
WITNGreenville-New Bern, N.C. (NBC, 7)1070.2430.243
WCTVTallahassee, Fla. (CBS, 6)1080.2390.239
KOLOReno, Nev. (ABC, 8)1100.2350.235
WILXLansing, Mich. (NBC, 10)1120.2300.230
WRDWAugusta, Ga. (CBS, 12)1140.2220.222
WEAULa Crosse-Eau Claire, Wis. (NBC, 13)1270.0940.188
WIFRRockford, Ill. (CBS, 23)1330.0830.166
WSAWWausau-Rhinelander, Wis. (CBS, 7)1340.1620.162
WIBWWausau-Rhinelander, Wis. (CBS, 13)134
WSWGAlbany, Ga. (My, 44)1450.0690.138
WJHGPanama City, Fla. (NBC, 7)1560.1260.126
KXIISherman, Texas-Ada, Okla. (CBS, 12)1610.1120.112
WTVYDothan, Ala. (CBS, 4)1720.0890.089
WHSVHarrisonburg, Va. (ABC, 3)1810.0790.079
WBKOBowling Green, Ky. (ABC, 13)1830.0350.069
WTOKMeridian, Miss. (ABC, 11)1850.0670.067
KKCOGrand Junction, Colo. (NBC, 11)1860.0620.062
WTAPParkersburg, W.Va. (NBC, 15)1890.0290.057

OTHER MEDIA INTERESTS: 36 digital second channels, with plans to launch 4 more in 2007

25. Nexstar Broadcasting Group NXST

4.81% coverage (FCC)
28 stations
6.94% coverage (total)
909 Lake Carolyn Parkway, Ste. 1450
Irving, TX 75039
Phone: 972-373-8800
Fax: 972-373-8888
PERRY A. SOOK, president/CEO/director

StationMarket (affiliate, ch.)DMAFCC%Coverage Total%
WHAGWashington (NBC, 25)81.0212.041
WBREWilkes Barre-Scranton, Pa. (NBC, 28)530.2650.530
KARKLittle Rock-Pine Bluff, Ark. (NBC, 4)570.4850.485
KSFXSpringfield, Mo. (Fox, 27)760.1810.361
WROCRochester, N.Y. (CBS, 8)780.3530.353
KTALShreveport, La. (NBC, 6)810.3420.342
WCIAChampaign-Springfield, Ill. (CBS, 3)820.3400.340
WCFNChampaign-Springfield, Ill. (My, 49)82
WTAJJohnstown-Altoona, Pa. (CBS, 10)980.2640.264
WFFTFt. Wayne, Ind. (Fox, 55)1060.1220.244
WMBDPeoria-Bloomington, Ill. (CBS, 31)1160.1090.218
KAMRAmarillo, Texas (NBC, 4)1310.1710.171
WQRFRockford, Ill. (Fox, 39)1330.0830.166
KBTVBeaumont-Port Arthur, Texas (NBC, 4)1400.1500.150
WJETErie, Pa. (ABC, 24)1420.0710.142
WFXP*Erie, Pa. (Fox, 66)142
KSNFJoplin, Mo.-Pittsburg, Kan. (NBC, 16)1440.0700.139
KFDXWichita Falls, Texas (NBC, 3)1460.1370.137
KLBKLubbock, Texas (CBS, 13)1470.0680.136
WTWOTerre Haute, Ind. (NBC, 2)1510.1300.130
KMIDOdessa-Midland, Texas (ABC, 2)1590.1210.121
KTABAbilene-Sweetwater, Texas (CBS, 32)1640.0520.103
WFXVUtica, N.Y. (Fox, 33)1690.0480.095
KHMT*Billings, MT (Fox, 4)1700.0930.093
KSVIBillings, MT (ABC, 6)170
WDHNDothan, Ala. (ABC, 18)1720.0450.089
KLSTSan Angelo, Texas (CBS, 8)1970.0480.048
KQTVSt. Joseph, Mo. (ABC, 2)2010.0410.041


Uni = UnivisionTLf = Telefutura
Tel = TelemundoAZT = Azteca America
Ind = IndependentINS = Independent Spanish
Rel = ReligiousTr3 = MTV Tr3s
Sources:B&C research, BIA Financial Network, Nielsen Media Research, companies and public filings