
Fisher Communications, Inc. was a media company in the
United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...
. Based in
Seattle, Washington
Seattle ( ) is the List of municipalities in Washington, most populous city in the U.S. state of Washington (state), Washington and in the Pacific Northwest region of North America. With a population of 780,995 in 2024, it is the List of Unit ...
, the company primarily owned a number of radio and television stations in the
Western United States
The Western United States (also called the American West, the Western States, the Far West, the Western territories, and the West) is List of regions of the United States, census regions United States Census Bureau.
As American settlement i ...
. It was the last company in the Seattle area to own a local TV station before being acquired by
Sinclair Broadcast Group
Sinclair, Inc., doing business as Sinclair Broadcast Group, is a publicly traded American telecommunications conglomerate that is controlled by the descendants of company founder Julian Sinclair Smith. Headquartered in the Baltimore suburb o ...
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
Walter Elias Disney ( ; December 5, 1901December 15, 1966) was an American animator, film producer, voice actor, and entrepreneur. A pioneer of the Golden age of American animation, American animation industry, he introduced several develop ...
) 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 is launching its own entertainment division, Fisher Entertainment, to be headed by Alan Winters, a syndication executive.
Fisher began to sell many of its properties in the mid-2000s, including real estate, its longtime flour milling operation, and its stake in Safeco.] By 2011, Fisher Communications was down to 10 radio stations.["Fisher Communications."]
Company Profile. Hoover's, Inc., 2012. Answers.com July 20, 2012. On April 11, 2013, Fisher (which by then owned 20 television stations and only three radio stations) announced that it would be acquired by the Sinclair Broadcast Group
Sinclair, Inc., doing business as Sinclair Broadcast Group, is a publicly traded American telecommunications conglomerate that is controlled by the descendants of company founder Julian Sinclair Smith. Headquartered in the Baltimore suburb o ...
.[ However, the deal was subject to financial scrutiny; the law firm Levi & Korsinsky notified Fisher shareholders with accusations that Fisher's board of directors were breaching ]fiduciary
A fiduciary is a person who holds a legal or ethical relationship of trust with one or more other parties (legal person or group of persons). Typically, a fiduciary prudently takes care of money or other assets for another person. One party, ...
duties by "failing to adequately shop the Company before agreeing to enter into the transaction", and Sinclair was underpaying for Fisher's stock. Shortly after the announcement, a lawsuit was filed by a Fisher shareholder; the suit was settled in July 2013, on August 6 Fisher's shareholders approved the merger. The FCC granted its approval of the sale of August 7. On August 8, Sinclair announced that the sale was completed.
Final stations
* Stations are arranged in alphabetical order by state and city of license
In U.S., Canadian, and Mexican broadcasting, a city of license or community of license is the community that a radio station or television station is officially licensed to serve by that country's broadcast regulator.
In North American broadcast ...
.
* Two boldface asterisks appearing following a station's call letters (**) indicate a station built and signed on by Fisher Communications.
Contract dispute
On December 17, 2008, Fisher Communications' contract expired with Dish Network
DISH Network L.L.C., often referred to as DISH, an abbreviation for Digital Sky Highway, is an American provider of satellite television and IPTV services and wholly owned subsidiary of EchoStar Corporation.
The company was originally establ ...
. As a result of this contract dispute, stations owned by Fisher Communications were no longer available to Dish Network subscribers. Dish Network claimed that Fisher is asking for over an 80% increase.
The Fisher stations that returned to Dish Network are: KOMO and KUNS in Seattle.; KATU and KUNP in Portland.; KIMA in Yakima, Washington.; KVAL in Eugene, Oregon.; KBCI (now KBOI) in Boise, Idaho; KIDK in Idaho Falls, Idaho; and KBAK and KBFX in Bakersfield, California. Dish Network restored the service to their customers at 10:25 p.m. PST on June 10.
References
{{SBGI, state=collapsed
Defunct companies based in Seattle
Economy of the Northwestern United States
Defunct broadcasting companies of the United States
Sinclair Broadcast Group
Companies formerly listed on the Nasdaq
2013 disestablishments in Washington (state)
Mass media companies disestablished in 2013
2013 mergers and acquisitions
1997 initial public offerings