Free press releases distribution network?

Agency / Source: New Vision Television

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



LIN Media Completes the Acquisition of Television Stations from New Vision Television - LIN TV Corp. (“LIN Media”; NYSE: TVL), announced that its wholly-owned subsidiary, LIN Television Corporation (“LIN Television” or the “Company”), completed the acquisition of television stations from New Vision Television - NewVisionTV.com
LIN Media Completes the Acquisition of Television Stations from New Vision Television

 

PRZOOM - /newswire/ - Providence, RI, United States, 2012/10/12 - LIN TV Corp. (“LIN Media”; NYSE: TVL), announced that its wholly-owned subsidiary, LIN Television Corporation (“LIN Television” or the “Company”), completed the acquisition of television stations from New Vision Television - NewVisionTV.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Broadcast/TV/Radio Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

LIN TV Corp. (“LIN Media”; NYSE: TVL), a local multimedia company, announced that its wholly-owned subsidiary, LIN Television Corporation (“LIN Television” or the “Company”), completed the acquisition of television stations from New Vision Television.

LIN Media now operates or services 43 television stations, seven digital channels and a growing portfolio of websites and mobile apps in 23 U.S. markets, and delivers important local news and programming to 10.6% of U.S. television homes.

Commenting on the announcement, the Company’s President and Chief Executive Officer Vincent L. Sadusky said: “LIN Media has acquired a terrific collection of broadcast properties with employees that share a similar passion for excellence and growth that have driven our company for the past 50 years. The addition of these television stations further advances our strategy to expand our national footprint and digital media business.”

Jason Elkin, New Vision’s CEO, said: “Even though this is the fourth major television station group that New Vision's management has successfully managed and then sold, we have never worked with a finer group of colleagues than the general managers, managers and employees who have built the thriving stations that LIN Media is now acquiring. Saying goodbye to such talented and dedicated people - many of whom have become great personal friends - is bittersweet, but today is made easier because New Vision's management believes LIN Media is a fine organization that will continue to provide great places to work and significant opportunities to advance.”

The newly acquired or serviced television stations are located in the following markets: Portland, OR (DMA 22); Birmingham, AL (DMA 39); Wichita, KS (DMA 67); Honolulu, HI (DMA 71); Savannah, GA (DMA 92); Youngstown, OH (DMA 110); Topeka, KS (DMA 136); and Mason City, IA (DMA 153).

LIN Media was represented by Paul Hastings, LLP in the transaction. Moelis & Co. acted as financial advisor to New Vision Television in the sale of its assets.

Forward-Looking Statements
This press release includes statements that constitute "forward-looking statements," including statements regarding our future plans and operations. Forward-looking statements inherently involve risks and uncertainties, including, among other factors, general economic conditions, demand for advertising, competition for audience and programming, government regulations and new technologies, that could cause our actual results to differ materially from the forward-looking statements. Factors that could contribute to such differences include, but are not limited to, our ability to maximize operating synergies in connection with the acquisition and other risks detailed in our periodic reports filed with the Securities and Exchange Commission. Reports may be accessed online at sec.gov or linmedia.com. By making these forward-looking statements, we undertake no obligation to update these statements for revisions or changes after the date of this press release.

About LIN Media
LIN Media is a local multimedia company that operates or services 43 television stations and seven digital channels in 23 U.S. markets, along with a diverse portfolio of websites, apps and mobile products that make it more convenient to access its unique and relevant content on multiple screens.

LIN Media’s highly-rated television stations deliver important local news and community stories along with top-rated sports and entertainment programming to 10.6% of U.S. television homes. The Company’s digital media operations focus on emerging media and interactive technologies that deliver performance-driven digital marketing solutions to some of the nation’s most respected agencies and brands. LIN TV Corp. is traded on the NYSE under the symbol “TVL”.

About New Vision Television
New Vision’s philosophy (newvisiontv.com) is to give its presidents and general managers a high degree of sovereignty, with each station operating autonomously. New Vision has owned and operated more than 30 television stations in the last 20 years and has consistently outperformed the sector.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Broadcast/TV/Radio Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: New Vision Television

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Broadcast/TV/Radio articles,
CATCH Visitors via Your Competitors Announcements!


LIN Media Completes the Acquisition of Television Stations from New Vision Television

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Press Office - NewVisionTV.com 
404-995-4711 info[.]newvisiontv.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any New Vision Television securities in any jurisdiction including any other companies listed or named in this release.

Broadcast/TV/Radio via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From New Vision Television / Company Profile


Read Broadcast/TV/Radio Most Recent Related Press Releases:

Televarpið Deploys New Full-Software Converged Statmux Video Headend Powered by ATEME
TBC in Taiwan Launches Newly Digitized Platform Powered by NAGRA's OpenTV 5
Next Step Selects ATEME’s TITAN to Power the First HEVC DTH Service in Thailand
Orion Choses ATEME’s Encoders and Decoders to Follow its Expansion Program in Russia and CIS
Pay-TV, Video-on-demand, and IPTV in Africa Advance through Convergence
NEC to Provide Digital TV Transmitters for Colombia's Public Broadcasting Service
Dentsu Announces its Corporate Venture Capital Fund Dentsu Ventures Investment in U.S. VR Platform Company LiveLike
SmarDTV Sets A New Security Benchmark For Conditional Access Modules (CAM)
SmarDTV Adds Simple But Effective Fast-and-Easy Wi-Fi Configuration Button to its Wi-Fi CAM
Philippines’ Leading DTH Pay-TV Provider, Cignal, Deploying Conax Cardless Content Protection to Back Expansion Plans

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  NAKIVO, Inc.

Visit  BizJobs.com

Visit  Triggr & Bloom







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today