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LIN TV Corp.

  • Chalk Up Another Win for the Activists

    By Robert Hanley - April 18, 2013 | Tickers: FSCI, TVL, SBGI

    Value-focused investment managers and activist hedge funds have been putting capital to work in the broadcasting business recently, leading to big gains for the sector’s participants.  Sinclair Broadcasting Group (NASDAQ: SBGI), Gray Communications, and Lin TV (NYSE: TVL) have all gained more than 100% over the past twelve months.  The investment funds have also been seeking consolidation among the regional players, including Fisher Communications (NASDAQ: FSCI).  Major shareholder Gabelli more »

  • Chalk Up Another Win for the Activists

    By Robert Hanley - April 16, 2013 | Tickers: FSCI, TVL, SBGI

    Value-focused investment managers and activist hedge funds have been putting capital to work in the broadcasting business recently, leading to big gains for the sector’s participants.  Sinclair Broadcasting Group (NASDAQ: SBGI), Gray Communications, and Lin TV (NYSE: TVL) have all gained more than 100% over the past twelve months.  The investment funds have also been seeking consolidation among the regional players, including Fisher Communications (NASDAQ: FSCI).  Major shareholder Gabelli more »

  • Has This TV Broadcaster Found a Merger Partner?

    By Robert Hanley - February 25, 2013 | Tickers: FSCI, GTN, TVL

    In January, Fisher Communications (NASDAQ: FSCI) announced that it was seeking strategic alternatives, after receiving pressure from its institutional investor base.  The company has spent the last few years shedding its non-core investments, including real estate and securities holdings, with the proceeds distributed to its investors through special dividends.  However, profits in its core television and radio businesses have come under attack from satellite radio and internet video networks, among more »

  • News at 11: Television Networks Are Still Breathing

    By Robert Hanley - January 11, 2013 | Tickers: BRK-B, TVL, NWSA

    Owners of local television stations have been left for dead, as cable, satellite, and online outlets have eliminated the major networks’ former stranglehold on viewers and advertising revenues.  While overall viewership has declined over the years, the major networks’ programming remains a popular choice for a large segment of the population.  According to data provider Nielson, the top 20 shows each garnered more than 8 million viewers in the latest more »