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KGPE
KGPE (channel 47) is a television station in Fresno, California, United States, affiliated with CBS. It is owned by Nexstar Media Group alongside NBC affiliate KSEE (channel 24). The two stations share studios on McKinley Avenue in eastern Fresno; KGPE's transmitter is located on Bear Mountain (near Meadow Lakes). History Early years The station first signed on the air on October 1, 1953, as KJEO; it was the second television station to sign on in the Fresno market, after KMJ-TV (channel 24, now KSEE), which debuted four months earlier on June 1. Channel 47 originally operated as a primary ABC affiliate with a secondary CBS affiliation. KFRE-TV (channel 12, now KFSN-TV on channel 30) took the CBS affiliation full-time when it signed on in May 1956, due to sister radio station KFRE (940 AM, now KYNO)'s longtime affiliation with the CBS Radio Network. Originally, the station was owned by O'Neill Broadcasting Company, which sold the station in 1961 to Shasta Telecasting Corporat ...
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KSEE
KSEE (channel 24) is a television station in Fresno, California, United States, affiliated with NBC. It is owned by Nexstar Media Group alongside CBS affiliate KGPE (channel 47). The two stations share studios on McKinley Avenue in eastern Fresno; KSEE's transmitter is located on Bear Mountain (near Meadow Lakes). KSEE began broadcasting as KMJ-TV, the first television station in Fresno, on May 31, 1953. It was owned by McClatchy Newspapers, alongside ''The Fresno Bee'' and KMJ radio, and was the market's leading station for most of McClatchy's ownership. However, the company owning the major daily newspaper in Fresno, its leading radio station, and its leading television station led to legal scrutiny in the 1970s and a five-year battle by local investors known as San Joaquin Communications Corporation to attempt to wrest the license from McClatchy. McClatchy opted to sell to the investors in 1979, a deal completed in 1981, but they soon sold the station for financial rea ...
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Newport Television
Newport Television, LLC was a television station holding company founded by Providence Equity Partners and Sandy DiPasquale in 2007 to acquire the television stations owned by Clear Channel Communications. History In September 2007, Newport agreed to sell KEMO-TV, KFTY and KVOS-TV tLK Station Group LLCfor $26.6 million. The deal was set to be completed in March 2008 but eventually collapsed due to LK's lender refusing to provide the funding; KFTY (now KEMO-TV) and KVOS have since been sold to other companies. As of October 10, 2007, Newport had agreed to sell KION-TV, KMUV-LD, KMUV-LP, K44DN, KKFX-CD, KKFX-CA, KCOY-TV to Cowles Company, Cowles Publishing Company for $41 million. Newport's purchase of the Clear Channel stations and those being resold were granted conditional Federal Communications Commission (FCC) approval, subject to divestitures of media properties owned by other affiliates of Providence Equity Partners in several other markets. The entire deal closed on March ...
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Eyewitness News
''Eyewitness News'' is a style of television presentation that emphasizes visual elements and action videos, instead of the older ,"man-on-camera" style of newscast, and is most prominently featured in the New York City metropolitan area. History Westinghouse The earliest known use of the ''Eyewitness News'' name in American television was on April 6, 1959, when KYW-TV (now WKYC-TV) – at the time, based in Cleveland and owned by Westinghouse Broadcasting – launched the nation's first 90-minute local newscast (under the title ''Eyewitness''), which was combined with the then 15-minute national newscast. The name was then adopted for use by Westinghouse's other television stations – KPIX in San Francisco; WJZ-TV in Baltimore; WBZ-TV in Boston; and KDKA-TV in Pittsburgh – for their local newscasts. After the KYW-TV call letters, management, and some staffers moved from Cleveland to Philadelphia in 1965, the station's then-news director, Al Primo, created the ''Eyewi ...
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Fisher Broadcasting
Fisher Communications, Inc. was a media company in the United States. Based in Seattle, Washington, the company primarily owned a number of radio and television stations in the Western United States. It was the last company in the Seattle area to own a local TV station before being acquired by Sinclair Broadcast Group in 2013. Prior to 2001, it was a conglomerate with businesses in broadcasting, flour milling and real estate. History :''See also KNWN (AM)'' Fisher Companies, Inc.'s Fisher Communications by 1998 owned 25 radio stations and 2 TV stations. Fisher Companies also owned a flour milling and food distribution company and real estate development subsidiary. In 1999 Retlaw Enterprises (a company owned by the relatives of Walt Disney) sold its remaining 11 television stations to Fisher Communications, including all of the related assets to those properties for $215 million in cash. Its broadcasting unit, until the 2000s, was Fisher Broadcasting. Also that year, Fisher ...
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KFSN-TV
KFSN-TV (channel 30) is a television station in Fresno, California, United States, serving as the market's ABC network outlet. It is owned and operated by the network's ABC Owned Television Stations division, and maintains studios on G Street in downtown Fresno; its transmitter is located on Bear Mountain, near Meadow Lakes, California. Fresno is the smallest television market in California with a " Big Four" network O&O. History KFRE After the Federal Communications Commission (FCC)'s four-year-long freeze on awarding television station licenses was lifted in 1952, two radio stations—KARM (1430 AM, now KFIG) and KFRE (940 AM, now KYNO) competed for the construction permit to operate a station on channel 12, the sole VHF allocation given to Fresno. KFRE won the permit, and the station first signed on the air on May 10, 1956, as KFRE-TV (for Fresno). It is the third-oldest television station in the Fresno market in a three-year timeframe and upon signing on, KFRE-TV too ...
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Ackerley Group
The Ackerley Group was an American media company founded by businessman Barry Ackerley that owned and operated several radio stations in Seattle, Seattle, Washington, as well as television stations across the United States (primarily in New York (state), New York and California, as well as KTVF, one in Fairbanks, Alaska). The company also owned the National Basketball Association, NBA Seattle SuperSonics and Women's National Basketball Association, WNBA Seattle Storm professional basketball teams. The Ackerley Group was sold to iHeartMedia, Clear Channel Communications (now iHeartMedia) in 2002. Ackerley announced its sale to Clear Channel Communications on October 8, 2001; the merger was completed on June 14, 2002. At the time of the closure of the transaction, the sale price was reported to be 38 times cashflow (approximately $1.1B USD), the highest ever sale valuation for a North American publicly traded media company in the history of the New York Stock Exchange, NYSE. The rec ...
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IHeartMedia
iHeartMedia, Inc., or CC Media Holdings, Inc., is an American mass media corporation headquartered in San Antonio, Texas. It is the holding company of iHeartCommunications, Inc., formerly Clear Channel Communications, Inc., a company founded by Lowry Mays and Red McCombs in 1972, and later taken private by Bain Capital and Thomas H. Lee Partners in a leveraged buyout in 2008. As a result of the 2008 buyout, Clear Channel Communications, Inc. became a wholly owned subsidiary of CC Media Holdings, Inc. On September 16, 2014, CC Media Holdings, Inc. was rebranded iHeartMedia, Inc., and Clear Channel Communications, Inc., became iHeartCommunications, Inc. Overview iHeartMedia, Inc. specializes in radio broadcasting, podcasting, Digital media, digital and live events through Division (business), division iHeartMedia (sans "Inc." suffix; formerly Clear Channel Media and Entertainment, Clear Channel Radio, et al.) and subsidiary iHeartMedia and Entertainment, Inc. (formerly Clear Cha ...
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Fresno, California
Fresno (; ) is a city in the San Joaquin Valley of California, United States. It is the county seat of Fresno County, California, Fresno County and the largest city in the greater Central Valley (California), Central Valley region. It covers about and had a population of 542,107 as of the 2020 United States census, 2020 census, making it the List of largest California cities by population, fifth-most populous city in California, the most populous inland city in California, and the List of United States cities by population, 34th-most populous city in the nation. Named for the abundant ash trees lining the San Joaquin River, Fresno was founded in 1872 as a railway station of the Central Pacific Railroad before it was Municipal corporation, incorporated in 1885. It has since become an economic hub of Fresno County and the San Joaquin Valley, with much of the surrounding areas in the Metropolitan Fresno region predominantly tied to large-scale agricultural production. Fresno is n ...
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Clear Channel Communications
iHeartMedia, Inc., or CC Media Holdings, Inc., is an American mass media corporation headquartered in San Antonio, Texas. It is the holding company of iHeartCommunications, Inc., formerly Clear Channel Communications, Inc., a company founded by Lowry Mays and Red McCombs in 1972, and later taken private by Bain Capital and Thomas H. Lee Partners in a leveraged buyout in 2008. As a result of the 2008 buyout, Clear Channel Communications, Inc. became a wholly owned subsidiary of CC Media Holdings, Inc. On September 16, 2014, CC Media Holdings, Inc. was rebranded iHeartMedia, Inc., and Clear Channel Communications, Inc., became iHeartCommunications, Inc. Overview iHeartMedia, Inc. specializes in radio broadcasting, podcasting, digital and live events through division iHeartMedia (sans "Inc." suffix; formerly Clear Channel Media and Entertainment, Clear Channel Radio, et al.) and subsidiary iHeartMedia and Entertainment, Inc. (formerly Clear Channel Broadcasting, Inc.); the c ...
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Fresno
Fresno (; ) is a city in the San Joaquin Valley of California, United States. It is the county seat of Fresno County, California, Fresno County and the largest city in the greater Central Valley (California), Central Valley region. It covers about and had a population of 542,107 as of the 2020 United States census, 2020 census, making it the List of largest California cities by population, fifth-most populous city in California, the most populous inland city in California, and the List of United States cities by population, 34th-most populous city in the nation. Named for the abundant ash trees lining the San Joaquin River, Fresno was founded in 1872 as a railway station of the Central Pacific Railroad before it was Municipal corporation, incorporated in 1885. It has since become an economic hub of Fresno County and the San Joaquin Valley, with much of the surrounding areas in the Metropolitan Fresno region predominantly tied to large-scale agricultural production. Fresno is n ...
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Retlaw Enterprises
Retlaw Enterprises, originally Walt Disney Miniature Railroad, then Walt Disney, Inc. (WDI), and then WED Enterprises (WED), was a privately held company owned by the heirs of entertainment mogul Walt Disney. Disney formed the company to control the rights to his name and to manage two Disneyland attractions that he personally owned. The name, Retlaw, is Walter spelled backwards. History Walt Disney Miniature Railroad was formed by Walt Disney in 1950 to manage the Carolwood Pacific Railroad, his elaborate backyard miniature railroad. The company's name was changed to Walt Disney, Inc. (WDI) on December 16, 1952, and its purpose was changed to supposedly produce TV shows.Excerpt from Hollywood Renegades
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Providence Equity Partners
Providence Equity Partners L.L.C. is a specialist private equity investment firm focused on media, communications, education, and technology investments across North America and Europe. The firm specializes in growth-oriented private equity investments and has invested in more than 170 companies globally since its inception in 1989. The firm manages funds with over $31 billion in aggregate private equity capital commitments, making it a large global player in the private equity industry. Providence was one of the principal pioneers of a sector-based approach to private equity investing. The firm's eighth fund, Providence Equity Partners VIII, closed on $6 billion in 2019, above its $5 billion target. The prior fund, Providence VII, closed with $5 billion in 2013. Providence is headquartered in Providence, Rhode Island with additional offices in New York, Boston, London and Atlanta. Operations The firm raises investment funds from a broad array of institutional investors, includi ...
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