Monday, March 2, 2009

NewsAnchorMom is still here!

I can't comment on the operating agreement between WEEK and WHOI, but here's the news release incase you are interested. NewsAnchorMom.com will continue to play a vital role.

(Peoria, IL) – March 2, 2009 – Granite Broadcasting Corporation and Barrington Broadcasting Group, LLC announced that, effective March 2, 2009, WEEK-TV and WHOI-TV will be operated jointly from the WEEK-TV studios in East Peoria, Illinois. Granite will operate both stations under a shared services agreement (SSA) with Barrington, owner of WHOI-TV.

Under the terms of the agreement, Granite will continue to operate WEEK-TV and provide advertising, sales, promotion, administrative services and selected programming to WHOI-TV. This arrangement between Granite and Barrington will create a better and more efficient operation, which will enhance these outstanding local television stations. A similar arrangement provides that Barrington will provide advertising, sales, promotion, administrative services and selected programming to Granite’s Syracuse, New York station, WTVH-TV.

In making this announcement, Granite Broadcasting’s Chief Executive Officer Don Cornwell said, “This arrangement is an important step in the implementation of Granite’s strategic vision to capitalize on our core strength of operating leading local stations in the nation’s mid-size markets. It provides opportunities for substantial operating efficiencies by allowing us to use our existing infrastructure to expand the breadth of local news and services provided to the viewers of Central Illinois, while enhancing the revenue and profitability of both stations.”

Barrington Chief Executive Officer Jim Yager stated, “We are delighted to be working with a forward-thinking company like Granite. Together, our companies and stations will focus our combined resources on making these great stations more efficient, becoming even better community citizens and, at the same time, providing measurable benefits for our viewers.”
Under the terms of the SSA, Granite and Barrington expect to realize a number of expense efficiencies through the combining of resources and the reduction of some staff positions. Affected employees will receive a generous severance package and extensive job placement assistance will be offered at company expense.

One of the chief advantages of operating WEEK and WHOI under a shared services agreement will be the ability to offer local and national news, as well as programming of community interest in new and varied time periods, giving viewers greater opportunity to watch at their convenience. The Granite and Barrington plan will fully develop this opportunity, offering local newscasts expanded in both breadth and amount. Specifically, the stations will provide newscasts in time periods not currently programmed with local news and extend local news to other time periods, allowing viewers more access to Central Illinois reports and information.

Another Granite objective is to improve the emergency weather forecasting and daily forecasting by bringing the latest and best technology to both stations. New programs focusing on all important medical issues and franchise segments highlighting critical issues of public service will also be added to the stations in the next few weeks.

In addition, community charitable organizations presently on either WEEK or WHOI will receive increased exposure using the power of the two stations working together. One example is WEEK’s highly successful Buddy Check and Prostate Awareness programs. Also, the St. Jude Telethon, now in its 35th year on WEEK, will air on both stations. Another is the 25 Women In Leadership program. WHOI’s One Class at a Time, Relay for Life and special programs for the Peoria Zoo, along with numerous other community programs will continue. The stations will now concentrate on these highly popular outreach campaigns to further drive the focus on those deserving of recognition within the community.

Other plans include production of town hall meetings and a variety of community forums on WEEK and WHOI stations at different times, so viewers have greater access to information of local relevance. Granite also will expand its policy of sponsoring political debates and offering free airtime to candidates in every national election on both of the stations.

Granite operates in geographically diverse markets reaching over 6.0 percent of the nation's television households. The Company's station portfolio consists of four NBC affiliates, one ABC affiliate, one CBS affiliate, one major market MyNetwork TV affiliate and one major market independent station. The NBC affiliates are KSEE-TV, Fresno-Visalia, California, WEEK-TV, Peoria-Bloomington, Illinois, WISE-TV, Ft. Wayne, Indiana and KBJR-TV, Duluth, Minnesota and Superior, Wisconsin. The ABC affiliate is WKBW-TV, Buffalo, New York, The CBS affiliates are WTVH-TV, Syracuse, New York and WBNG-TV, Binghamton, New York. The MyNetwork affiliate is WMYD-TV, Detroit, Michigan and the independent station is KOFY-TV in San Francisco, California.

Barrington Broadcasting was formed in 2003 to acquire and operate television stations in smaller markets across the United States. Barrington currently owns, operates, or supports the operations of twenty three network affiliated television stations. Barrington is owned and controlled by Pilot Group, with management as its partner. Pilot Group is a non-traditional private investment firm founded in 2003 by a group of operating executives who actively help its management partners achieve their goals.
Click here for the official news release.
For more information, contact:Sandy Novotny(212) 490-2065


-NewsAnchorMom Jen

0 comments:

 
Template by lollybloggerdesigns. Design by Taylor Johnston.