evansvillemedia.com

Let’s get caught up on some news and notes from the market.

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The parents of WTSN are divorcing. Amicably, it seems.

John Dunn’s Low Power Partnership is assuming full control of the station and transmitting facilities from ComCorp that was previously a 50-50 split. (more…)

A last minute agreement was reached late Wednesday night between Dish Network and ComCorp of America that will keep all of its stations (including WEVV in Evansville) on the satellite programming provider for the forseeable future. Details of the agreement have not (and presumably will not) be released, but it’s safe to assume that ComCorp is getting at least part of its ‘two cents’ per subscriber.

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The CEO of ComCorp (owners of WEVV and WTSN) claims that the Evansville media market isn’t a growth market compared to the other markets that ComCorp has holdings.

From the TVNewsDay article: “We have good properties and good networks. All of our markets except for Evansville [Ind.] are growth markets. The Louisiana economy is booming because of oil and is expected to continue to boom because of Katrina rebuilding. And it’s a southern market that’s reached a good phase of development.”

I’m not sure I totally agree with this. Evansville is growing quite well with a number of new businesses opening now or soon, but are the dollars there to be spent on local media? Being compared to markets that are recovering from massive natural disasters isn’t quite fair. Of course there’s growth in LA and TX. There’s no where to go but up.

Interesting sidebar according to the same article: Apparently WEVV/WTSN has the ability to produce commercials in full HD. We here at EM haven’t seen any evidence of this. Anyone else with insight?

According to a Baton Rouge website, the parent company of WEVV and WTSN has finally emerged from bankruptcy protection. All that remains for the ComCorp of America plan is FCC approval. Said approval was “imminent”. CCA also owns stations in Louisiana and Texas. The company was almost $400M in debt prior to the bankruptcy filing.

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