One bright one darkspot

Moments ago...according to Zeek's new fake
Rolex

The Knoxville News Sentinel
cut their folks PAY!
Zeek is worried about
the last big newspaper
in Knoxville. Their
owners announced that even
with all the political ads
they ran..the company...has
posted a big fat LOSS!

As Zeek says it don't
take much to figure if
you get a gift such as
a presidential campaign
advertising budget and still
lose dollars, things
are going to get
worse before they get better!

As he was telling our fashion
and society editor, Modine Gunch,
Knoxvull still needs a big paper
and if it were to pass away
it would be a shame.

Put away your hankie,
here be some GREAT NEWS!!!

The Dude that road in the front
seat when Air America went down in
flames and then opened another lib talk
radio network has just seen it ALSO
burp and die!

Randi Rodes (famed GW hater and
lib) could be one of those who
will be kept off the air if this boys
network can't get a jump start from
Al-Kida or one of their other
under the table sponsors!

Now if MSNBC will follow their lead
and turn off the lights we will be able
to truly say we have made two giant
steps toward solving the problem of
AIR POLLUTION!

WATE BANKRUPTCY

First...these are Y O U R
posted comments on the financial
problems of Young Broadcasting and
their Knoxville station..Channel 6






Anonymous Anonymous said...

NEW YORK -- Young Broadcasting Inc., owner of 10 TV stations affiliated with the CBS and ABC networks, including two in Tennessee, said Friday it has filed for Chapter 11 protection in U.S. bankruptcy court in the Southern District of New York.

The New York-based company said it will continue to operate the stations without interruption.

"Our decision to restructure through a Chapter 11 filing will allow the company to bring its debt in line with current economic realities so that we can emerge a stronger and more financially secure company. It is important to note that we are restructuring our debt, not our operations," says Chairman Vincent Young in a written statement.

TV broadcasters in the U.S. are under pressure as the economic downturn sends advertising revenue spiraling downward. Credit rating agency Moody's Investors Service warned last week that broadcasters entered the recession with high levels of debt and already were struggling to retain audiences as more customers turn to portable gadgets and the Web for entertainment.

At the same time, broadcasters -- and some of their cable counterparts -- are facing tough times absent must-see television such as major political campaigns or the Olympics.

On Thursday, the country's fourth-largest cable operator Charter Communications Inc., said it expects to file for bankruptcy by April 1 and get relief from creditors.

The St. Louis-based company has never made a profit since it began trading publicly in 1999.

And last December, Chicago-based Tribune Co., which owns flagship newspapers such as the Los Angeles Times, Chicago Tribune, The (Baltimore) Sun, The Hartford Courant and other dailies, as well as 23 television stations and the Chicago Cubs baseball team, sought bankruptcy protection amid a $13 billion debt load and sinking ad revenues.

Young Broadcasting owns a national television representation firm, Adam Young Inc., and the following stations:

WATE-TV in Knoxville, Tenn. (ABC)

WKRN-TV in Nashville, Tenn. (ABC)

WTEN-TV in Albany, N.Y. (ABC)

WRIC-TV in Richmond, Va. (ABC)

WBAY-TV in Green Bay, Wis. (ABC)

WLNS-TV in Lansing, Mich. (CBS)

KLFY-TV in Lafayette, La. (CBS)

KELO-TV in Sioux Falls, S.D. (CBS)

KWQC-TV in Davenport, Iowa (NBC)

KRON-TV in San Francisco



Sunday, February 15, 2009 2:35:00 PM EST
Anonymous Anonymous said...

WTF-old news...don't wast our time on copy & paste stuff..When Walker just posted about the same stuff..give us something new or nothing at all.

Sunday, February 15, 2009 9:54:00 PM EST
Anonymous Anonymous said...



Anonymous #2--You have permission to kiss my rosy red ass. I'll contribute anything I damn well please. Get off your own lazy ass and find something to contribute instead of bitching about what someone else has added. The story above is confirmation of what Walker wrote earlier. If you can't handle copy & paste, stick your head back in your ass where it belongs.



Sunday, February 15, 2009 10:23:00 PM EST
Anonymous Anonymous said...

how can anyone believe what is posted on this thing? Everyone knows the bog hates channel 6 and makes up things about the station.



Sunday, February 15, 2009 10:54:00 PM EST
Anonymous Anonymous said...

Are we a little aggravated Mr. WATE
copy and paste poster?..What will you copy and paste next?..Sure it'll be something already covered
in Walker's blog!!...and I'll just stay on my lazy ass and post about idiots like you!!..and I don't need permission to kick your ass do I?...that's what I thought..How about you posting something new and relevant?..go on if you can


STOP THE SHOW! HOLD YOUR HORSES!
GET A GRIP!

WE (the management and staff of THE MEDIA REPORT)
must comment on this exchange between
the two obviously irritated posters.

WHEN someone suggests a CRANIAL ANAL INSERT
we must put our foot down our raise our hands to
the heavens and do our best to ENCOURAGE more of
such exchanges! ZEEK ESPECIALLY LOVES
THE PASSION AND FIRE!


As for the situation at WATE...
The MR Legal Eagle, Shifty J. Grisham
tells us that Bankruptcy tant always
a bad thing, for the OWNERS of the joint.
Shifty also said there are more chapters of
Bankruptcy than there are of his new book,
"The Mutilated Client Who Skipped On His Lawyers Bill"
Shifty would have explained the ins and outs of
the one WATE and their owners are in (Chapter 11) but
he said he would have to kick in the meter and
suggested we let you the interested click right here for
the inside skinny. Just before he left to
have lunch with a soon to be HOT Divorcee he is representing
he mentioned something about talent contracts
and pay just MIGHT be reset or at the least renegotiated
not unlike those of the Unions at GM. When asked
to elaborate he yelled he had no time
due the fact he had to make a pre-lunch
run by the Whiskey Store for a quart
of Wild Turkey.

Naturally Young Broadcasting (WATE's mother ship) announced late on a Friday to keep the flack to a minimum. STILL, when Zeek was on the heated porcelain throne Saturday morning
he found several mentions of it in the Wall Street Journal.

Unlike the fine release from WATE (see POSTER ONE ABOVE) the
big story talks about a station in Calf being Young Broadcasting's "Bridge Too Far" and kinda blames the
soon to be court appearance on it.

Finally we turned this over
to our Media Psychic the renowned
Hindu from Huntington ISEEFORABUCK and
he says he will do his best to
have an OBE (out of body experience)
and transport his OBE body to
any and all discussions
between staff and suits at
Graystone. He does caution
that often times the results of
his OBEs are determined by the
amount of bribe money he carries
along in is OBE pants.

WEEEKND AGAIN

GOOD LORD THE DR HAS DONE IT AGAIN!
LOS ANGELES - The doctor who helped Nadya Suleman get pregnant with octuplets has reportedly transferred at least seven embryos to another patient.

BREAKING NEWS!!!!
WATE PARENT COMPANY THROWS THE
"WE BE BROKE" TOWEL!

BOY DID AMERICA
GET SCREWED!




As you look at the above CLICK HERE!



Zeek was in line to audition
for the role of a pioneer, redneck,
moon shining, whistle pig eating, sister
dating, cousin marrying, single wide
living, white after labor day wearing,
home grown smoking, poorly dressed white
trash hillbilly down at WBIR when the word
came down that the Heart Land TV show was
being axed come this fall! After being a
background player for years Zeek took it personal
and did an "end around" run at the front desk to get
to the Grand Fromage for the scoop.

Back in olden times when the station was taken over
and the new suits reviewed the budget they
kinda thought stories about a toothless octogenarian
on a porch pushing a plunger and singing COME BUTTER COME..
were a bit over priced. Still, with the talent of Steve of the Deans behind the adventure they did a bit of financial
slicing around the edges and let the wonderment
of the good old days continue on BIR.

Zeek said the reason for the
dropping of the ax was money.
He also said he could see it, cause
when he first started as an "extra"
on the show his pay was a 5X7 photo
of him standing in front of the old
Cas Walker wall flanked by
a cut out of Cas, and John Rice Irwin.
Over the years the fame and glory were
bundled in a monetary contribution that
made Zeek always be first in line
when there was a cattle call!

So is the show really going to pick up
the mussel loader, a quart of two hundred
proof and take that one way walk out into the
woods? According to the power brokers the word
is no. The only change is those who make
the show will now be in the soon to be forming
Obama bread lines, while the shows that are
in the can continue to run.

Zeek is heart broken that the Heart Land
has lost its Heart on this the day before
VALENTINES.


Radio host Mario Solis Marich asked former President Bill Clinton if it was time for "some type of enforced media accountability.

The former President said....

"Well, you either ought to have the Fairness Doctrine or we ought to have more balance on the other side," Clinton said, "because essentially there's always been a lot of big money to support the right wing talk shows and let face it, you know, Rush Limbaugh is fairly entertaining even when he is saying things that I think are ridiculous...."

Staff and management at THE MEDIA REPORT
stand as a body of one against any
and all FAIRNESS! Never will
this almost award winning
publication be scared into
presenting TWO sides of ANY
issue! As with Rush, and
the other successful
seekers of truth we
believe our opinion is
the only opinion. To
allow a new administration
that so far can't find
enough boys who have actually paid
their taxes, to work for them tell
us what to say, express or think
goes over about as well as
the often referenced "offering"
in the punch bowl.

As always if you disagree with
this publication you are
encouraged to vent on the
comment page.


Last week it looked like
satellite radio just might be
going breasts up. Last minute
offers and deals are in the works
to save the industry so don't panic
yet. IF you are a subscriber and
the two networks do shut down, Zeek is
working with Tha Swang and a few other
old timers to set up a
local FREE radio station featuring
the local Heart Land Series band members
who were just throw under the buggy by
WBIR. Preliminarily plans are for the station
to broadcast on CB channel 69, provided
our engineer Sparky can get two new Chicken
Chokers and a couple of Foot Warmers at
Green Acres on Sunday.

NEWS BREAKING LIKE THE WIND!
THE PRESIDENT HAS FINALLY FOUND
A DOG THAT FITS BOTH HIMSELF AND
HIS FAMILY!

What about the others?

Before your great posts
are posted, answered and then
ignored Zeek felt it
best to remain fair and balanced
concerning the financial
support systems other local
media outlets are plugged into.

The only MAJOR newspaper
in Knoxville (The Knoxville News Sentinel)
is owned by the light house guys and
one year ago their stock was selling for
$49.26.

Today you can grab it if you move really fast
for a Buck Fifty!

Like all newspaper chains
this one is also taking that twisting slide
down the porcelain bowl. Lots of ideas on saving
money are popping up from HQ and none of them
put much of a smile on the faces of the worker bees.

With the New York Times being rumored to
be less than 11 months away from turning off
the lights and calling it a night print
boys and girls all over the country are starting to quiver.


The local radio chains are also
wondering what is up with their
owners.

Journal Communications, Inc broadcasting segment consists of 37 radio stations and nine television stations in 12 states, as well as the operation of two additional television stations under local marketing agreements.WCYQ-FM, Q93.

Locally they own; WWST-FM, "Star 102.1,"
WKHT-FM Hot 104.5
and WKTI-AM Studio 1040.


Since Oct. of 2008 the stock has fallen from 5.50 to
1.62.


But hold on, their stock is actually
exciting when you hold it up to Citadel Broadcasting!

These are the fellows that made James A. Dick
so much richer than he already was and put a
smile on Bobby's face that time can't erase!

Yep they own, WIVK, NewsTalk, Sports Animal,and Whatever the name of that Oldies station is.

In 2004 Citadel Stock was being gobbled up at
$25.00 a share...according to the market today it is
at .16 cents a share.

Friends it tant pretty out there
and unless THE ONE can get the banks
to lend rather than hoard all those
dollars us TAX PAYERS are giving them,
people will continue to not BUY and by not
buying those who sell will continue to not
ADVERTISE!

Still it is almost the weekend
so lets give THE ONE till Monday to at least
fire Barney Frank. If by then you are still
in need of a 700+ credit rating to borrow
a few hundred to buy that fine used truck from
Easy Eddy's Motors, Zeek suggests we fire up the
pine knots and pull an Iceland on D.C.


NICE COMMENTS
Here be the latest....

As always nothing is ever edited
and no matter how over the wall your
comments are they are so appreciated!



Tuesday, February 3, 2009 5:22:00 PM EST


I would rather the paper go under than any of the three TV stations. At least they try to report some news without making it a political statement.

Who buys the most local TV advertising and are they still buying?

Sounds like WATE is in the most trouble of the three. I like Gene and I also like the woman on in the morning. Lori is someone we all grew up with and she does a great job.

Ed...Ya know if the paper
expired you have to believe
some ego with money would
print a replacement. Sure it
would be smaller and on line, but
again there would be SOMETHING out there.
No matter how much you like or DON'T like
the KNS, we are better off WITH it than
without it.

Tuesday, February 3, 2009 6:13:00 PM EST
Delete
Anonymous Anonymous said...

If that is true about the WATE stock then that company looks like it is going to go under.

Would someone else buy the station or would they have to buy the company.

What is a TV station like that worth in Knoxville and does that big house come in the deal?

Ed...The question is not would someone buy
the station or the company but more like
why? Right now it would take a very special
person to jump into any aspect of media.
Remember the reason the stock of any and all
of these places is dropping is evaporating
advertising dollars. Will those dollars come back?
If so how LONG before they do? Questions like
that make the folks with big dollars shy away
from buying most media right now.

Tuesday, February 3, 2009 7:51:00 PM EST
Delete
Anonymous Anonymous said...

Is anyone advertising now? How can either radio or TV stay on the air without selling ads?

I listen to HHH and his talk show is full of sponsors, so is Rush and Phil in the afternoon. Over on B 97 I never hear ads?

Ed...Sure there are some people buying but
not as many as last year and none are buying
as much. Everyone can keep drawing a check
as long as the parent company keeps sending them but
as you can see from the stock drops some of these
parent companies are in C.C.U. and starting to turn
blue very quickly.

Wednesday, February 4, 2009 1:10:00 PM EST
Delete
Anonymous Anonymous said...

A radio station that serves the local community well will survive. A jukebox will not.

By the way, on the TV thing, how come WATE's reporters continue to mispronounce Letalvis Cobbins' name? It's Letalvis, not Letavius.

ED...Jukebox radio is all over XM and
it is where more and more folks are going
when they just want their tunes. Key here is
those radio stations will never tell you
that school is closing due to the snow, what that giant
cloud of black smoke is over Kingston or
why those giant cracks are opening up in the yards
out in Halls. Keeping it local is the ONLY
way stations today can fight the real twenty five hits
in a row "pay" stations.










Anonymous said...



You write shitty stupid things in your own blog and you're the only one who thinks they're funny.

Ed....Zeek is headed to your trailer right now
with a case of TP and a loaded Crossman, better shutter the
windows and lock up the cat!


Sunday, February 1, 2009 7:22:00 PM EST
Anonymous said...

This is an Obmama hater blog and all those who comment are racists. As for the blogger, he is a racists from way back and that is why he was fired from the Halls News and all those radio stations.

Ed...Betty is that you?

HOW BAD IS IT?

Snow days are days when the
staff at THE MEDIA REPORT
stays home with a quart of
Jägermeister, their new
Michael Phelps Bong and
watches TV Land.

Days like this the
accounting department
often feels it is their duty to
turn out a post.

Their topic....

Could Knoxville become a ONE (local news)
TV Station market?

Here are their thoughts and
as always, no matter how ugly
or off the wall..YOUR thoughts are welcome!


To really understand more
about the situation the three
local TV stations (that offer news) are
in you kinda need to know something
about the companies that own them and
if they have the proverbial pot to
make water in?

Gannett Co., Inc Is the
parent company of WBIR TV.




One year ago Gannett Co was
finding buyers for their
stock at over thirty dollars a share.
Today GCI was trading
at a touch under five dollars.


Latest news on the Gannett stock is not good at all.

(Reuters) - "Moody's Investors Service on Monday cut its ratings on Gannett Co (GCI.N) to the cusp of junk territory and said it may cut them into junk, citing the company's ongoing and deepening revenue declines."

The upside is unlike most companies
Gannett has been steadily paying a nice
dividend since it went public many years ago.
The last they paid was over .40 a share.

The downside is...Gannett executives said last week the company's board would meet in February to evaluate its dividend.


WVLT is owned by Gray and
five years ago their stock was selling
for over 14 dollars a share. Today
try less than a half a dollar.

Locally WVLT has moved past WATE for the
number two ranking in the local news race and
WVLT is also the station for UT sports.
Can they beat WBIR in the local news
race? The answer is,can they afford
to invest the money to do it?

Rumor has it WVLT and WBIR
are sharing news video. For oldtimers the very thought of
competitors doing something like that makes eyes brows rise
and hackles dance. Still these are
not the old times these
are the SCARY times and
if the purpose is both
to save money and to continue to
push WATE further down the
local news ratings ladder
then there could be merit in the move.



Before you pass a second
collection basket at Prayer Meeting to
help the "From The Heart" staff
or those at WVLT, consider their former
competitor, WATE

For years Channel 6 was
always "this close" to making a
move on WBIR in the local
TV news race. NEXT BOOK
they were going to tie
and then it was just a matter of time
before they could raise
rates and raise the big
WE ARE NUMBER ONE
banner over Graystone.

Well that next book never
happened and today their parent company
Young Broadcasting is
in what Eddy referred to as being full
in the movie, CHRISTMAS VACATION!

Young Broadcasting was finding
buyers for their
stock in the beginning
of 2005 at TEN DOLLARS
a share!

By mid 2005 the stock
was under FIVE and it
finished out the 2007
year at less than THREE dollars.

Sound bad? Hey, those were the good years.

Today the
stock is between 1 and three CENTS a share.
It gets worse, MUCH worse....

NEW YORK--(BUSINESS WIRE)--Young Broadcasting Inc. (NASDAQ:YBTVA) announced today that it received a notification from the NASDAQ Hearings Panel that the Company’s common stock will be delisted from The NASDAQ Stock Market since the Company failed to meet certain of the NASDAQ requirements for continued listing. Trading will be suspended effective at the open of business on Tuesday, January 27, 2009.

So what happens now?


Normally when a company gets in this shape
another company will gobble them up
at a bargain price.
The problem Young will
have is there just
isn't that many out there
gobbling small television chains,
fact is
there isn't that
many gobbling large television
chains.

If you still wanta do the love offering
best do it for WATE.


Bottom line is the bottom line is causing all of
the local radio and TV stations to slowly bleed out.
Some much slower than others but all are feeling it.
It is sad to think of what is happening to 401Ks, raises,
and even the ability to hire when needed. Could
Knoxville become a one or two TV news market?
Before you answer remember when you never dreamed it
would become a ONE newspaper market.

SNOW DAY

First keep the ugly comments coming,
all will be posted next time out.

BUT FIRST....DANG BOY HOWDY...
the WHITE STUFF (show of hands of those
who would love to take a ball bat to the
next weather person who uses that worn out
line) came and we have pictures to prove it.

This evening a FOG
rolled in off Little
River and about 8 PM the sucker FROZE!


NO SCHOOL JUST HEARD CP AND
WALKER SAY IT ON THE RADIO SO IT HAS TO BE
TRUE!


It was so cold . . .
the squirrels in the park were throwing themselves at an electric fence!


It was so cold . . .
Grandpa’s teeth were chattering - in the glass!

It was so cold . . .
we had to chop up the piano for firewood - but we only got two chords.

It was so cold . . .
the dogs had to put jumper cables on the rabbits - just to get them running!

It was so cold...
hitchhikers were holding up pictures of thumbs!

It was so cold . . .
the politicians had their hands in their OWN pockets!

It was so cold . . .
we had to push the house down the street to jump-start the furnace!

It was so cold...
everyone wanted to make antifreeze - so we hid her woolly pyjamas!

It was so cold...
when I turned on the shower - I got hail!

It was so cold...
my silly putty turned into serious putty.