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Local TV LLC is a limited liability corporation, owned by Oak Hill Capital Partners, which operates 18 local network-affiliated television stations in the United Statesmarker.

History

Local TV was created in December 2006, after Oak Hill Capital entered into an agreement with The New York Times Companymarker to purchase nine local network-affiliated television stations; on May 7, 2007, the sale was completed as one part of a larger sale of the New York Times Company's Broadcast Media Group "for approximately $575 million." At 12:01 a.m., Local TV assumed ownership of the nine television stations, located in "eight mid-sized markets."

On December 21, 2007, Tribune Company and Local TV agreed to form a "broadcast management company" to provide management services to both Tribune Company's and Local TV's stations. The next day, December 22, 2007, Local TV announced plans to acquire eight Fox owned-and-operated stations from Rupert Murdoch's News Corporation, completing that sale on July 14, 2008. The Tribune Company operates 23 television stations.

In addition to the management agreement, Tribune Interactive provides the platform for the websites of all the LocalTV stations and transitioned them from other website hosts such as Fox Interactive and World Now (in the case of the latter company, it continues to provide streaming video technology to Tribune Interactive).

Officers

President and chief executive officer (CEO) is Robert Lawrence, who, Local TV announced on December 20, 2007, would succeed Randy Michaels (aka Benjamin Homel), former CEO of Clear Channel Communications and Local TV's first CEO, who became Chief Operating Officer (COO) of the Tribune Company, on May 7, 2008.

Chief financial officer (CFO) of Local TV is Pam Taylor.

Stations

DMA# City of license/Market Station Channel
DT / Virtual
Owned Since Affiliation Acquired from
16. Denvermarker KDVRmarker 32 / 31 2008 Fox FTSG
Fort Collins, Coloradomarker KFCT
(satellite of KDVR)
21 / 22 2008 Fox FTSG
18. Clevelandmarker - Akronmarker WJW-TVmarker 8 / 8 2008 Fox FTSG
21. St. Louismarker KTVImarker 43 / 2 2008 Fox FTSG
31. Salt Lake Citymarker KSTUmarker 28 / 13 2008 Fox FTSG
32. Kansas City, Missourimarker WDAF-TVmarker 34 / 4 2008 Fox FTSG
35. Milwaukeemarker WITI-TVmarker 33 / 6 2008 Fox FTSG
43. Norfolkmarker - Portsmouthmarker - Newport Newsmarker WTKRmarker 40 / 3 2007 CBS NYTmarker
45. Oklahoma Citymarker KFOR-TVmarker 27 / 4 2007 NBC NYT
KAUT-TVmarker 40 / 43 2007 MyNetworkTV NYT
46. High Pointmarker - Greensboromarker -
Winston-Salem, N.C.marker
WGHPmarker 8/35 / 8 2008 Fox FTSG
50. Memphismarker WREG-TVmarker 28 / 3 2007 CBS NYT
54. Scrantonmarker - Wilkes Barre, PAmarker WNEP-TVmarker 49 / 16 2007 ABC NYT
58. Richmond, Virginiamarker WTVR-TVmarker 25 / 6 2009 CBS Raycom Media
72. Des Moinesmarker WHO-DTmarker 13 / 13 2007 NBC NYT
81. Huntsville, Alabamamarker WHNT-TVmarker 59 / 19 2007 CBS NYT
99. Moline, Illinoismarker (Quad Citiesmarker) WQAD-TVmarker 38 / 8 2007 ABC NYT
100. Fort Smithmarker - Fayetteville, ARmarker KFSM-TVmarker 18 / 5 2007 CBS NYT


Former Local TV Stations

DMA# Market Station, Channel Number Years Owned Currently Notes
40. Birmingham, Alabamamarker WBRCmarker 6 2008-2009 Fox network affiliate owned by Raycom Media Swapped with WTVR-TVmarker.


References

Related audiovisual resources



External links




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