McKinnon Broadcasting

Nexstar Media Group to Expand Leading Local News Presence in San Diego With Acquisition of KUSI-TV For $35 Million

Retrieved on: 
Monday, May 8, 2023

Nexstar Media Group, Inc. (Nasdaq: NXST), today announced that it agreed to acquire the assets of KUSI-TV in San Diego from McKinnon Broadcasting Company and Channel 51 of San Diego for $35 million plus a customary working capital adjustment.

Key Points: 
  • Nexstar Media Group, Inc. (Nasdaq: NXST), today announced that it agreed to acquire the assets of KUSI-TV in San Diego from McKinnon Broadcasting Company and Channel 51 of San Diego for $35 million plus a customary working capital adjustment.
  • KUSI-TV is an independent television station, broadcasting more than nine hours of local news each weekday and nearly 60 hours of local news every week.
  • The planned acquisition of KUSI-TV strengthens Nexstar’s local television broadcasting, news, and digital media platforms in San Diego, while presenting numerous opportunities for operating efficiencies.
  • “KUSI-TV’s established local news operations serving viewers and advertisers across the San Diego community is a perfect fit with our station group and existing San Diego operations at KSWB-TV,” said Tom Carter, Nexstar’s President and Chief Operating Officer.

BYRON ALLEN'S ALLEN MEDIA GROUP ANNOUNCES HBCU GO DISTRIBUTION DEAL WITH CBS O&O DUOPOLY STATIONS FOR FOOTBALL SPORTS PACKAGE

Retrieved on: 
Thursday, August 18, 2022

With this new carriage deal, HBCU GO is currently in 60 percent of U.S. television households and 70 percent of African-American households. This news comes on the heels of HBCU GO's recent announcement of the distribution partnership with the Southwestern Athletic Conference (SWAC) and the Central Intercollegiate Athletic Conference (CIAA) -- that grants HBCU GO cable, linear, streaming, broadcast, VOD, and pay-per-view rights to premier NCAA Division 2 HBCU conference sporting events. 

Key Points: 
  • With this new carriage deal, HBCU GO is currentlyin 60 percent of U.S. television households and 70 percent of African-American households.
  • "Allen Media Group is thrilled that the CBS O&O stations have joined our excellent group of broadcast television station partners to increase the reach of HBCU GO's high-quality sports programming," said Byron Allen, Founder/Chairman/CEO of Allen Media Group.
  • "We are honored to work with our partners at Allen Media Group to bring live broadcasts of HBCU football games to our audiences in 12 major markets," said Wendy McMahon, President and Co-Head, CBS News and Stations.
  • Launched in 2012, the free-streaming service HBCU GO was purchased by Byron Allen in 2021 and is part of Byron Allen's Allen Media Group (AMG).

Byron Allen's Allen Media Group Renews Four Weekly TV Series In 99 Percent Of The Country For Fall 2022 And Fall 2023

Retrieved on: 
Wednesday, December 8, 2021

A weekly, hour-long series, STORM OF SUSPICION examines spellbinding events where weather played a central role in the solving or covering up of a crime.

Key Points: 
  • A weekly, hour-long series, STORM OF SUSPICION examines spellbinding events where weather played a central role in the solving or covering up of a crime.
  • The weekly hour-long series WEATHER GONE VIRAL features riveting video of dangerous and extreme weather events shared online.
  • In this adrenaline-rush series, each one-hour episode is packed with incredible content that showcases first-hand accounts of survivors who lived through these treacherous conditions.
  • "Weather is the number one news driver for local television stations," said Byron Allen, Founder/Chairman/CEO of Entertainment Studios/Allen Media Group.

Columbus McKinnon Appoints David J. Wilson as President and Chief Executive Officer

Retrieved on: 
Thursday, May 14, 2020

Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer and manufacturer of motion control products, technologies, automated systems and services for material handling, announced today that its Board of Directors has appointed David J. Wilson as President and Chief Executive Officer effective June 1, 2020.

Key Points: 
  • Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer and manufacturer of motion control products, technologies, automated systems and services for material handling, announced today that its Board of Directors has appointed David J. Wilson as President and Chief Executive Officer effective June 1, 2020.
  • Richard Fleming, Chairman and Interim CEO, commented, I am extremely pleased that David will be leading Columbus McKinnon as our next President and Chief Executive Officer.
  • Further, he brings to Columbus McKinnon superior international and business development skills and a demonstrated track record for delivering results.
  • Mr. Wilson commented, I am thrilled to become the President and CEO of Columbus McKinnon Corporation.