Media & Communications
Media General and Young Broadcasting Announce Merger Agreement PDF Print E-mail
News Releases - Media & Communications
Written by Media General   
Friday, 07 June 2013 07:32
  • The combined company will own or operate 30 network-affiliated TV stations across 27 markets reaching 14% of U.S. TV households
  • Media General’s dual-class stock structure will be unwound as part of the transaction
  • The transaction will be immediately accretive on a free cash flow per share basis
  • New Media General intends to refinance its combined debt at a substantially lower cost of capital

Richmond, VA – Media General, Inc. (NYSE: MEG) and privately held Young Broadcasting Holding Co., Inc., both local broadcast television and digital media companies, today announced a definitive agreement to combine the two companies in an all-stock merger transaction.  The new company will retain the Media General name and will remain headquartered in Richmond, VA.

Young Broadcasting owns KWQC-TV6 in the Quad Cities.

Media General owns 18 network-affiliated stations, and Young owns or operates 12 network-affiliated stations.  The combination will create a company with 30 stations operating in 27 markets, reaching 16.5 million, or 14%, of U.S. TV households.  On a pro forma basis, 2012 revenues were $605 million, including approximately $115 million of political revenues.

The new company will have a strong balance sheet, including significant tax carryover net operating losses that will survive the merger, and an enhanced credit profile, creating opportunities to refinance existing debt at a significantly lower cost of capital.  The merger will be accretive to free cash flow in the first full year.  The companies have identified $25-30 million of operating and financing synergies.

The balance of network affiliations will include CBS (11), NBC (9), ABC (7) Fox (1), CW (1) and MNT (1).  Sixteen of the 30 stations are located in the Top 75 DMAs.  The new company will be more geographically diverse and will have a presence in more markets that generate strong political revenues.  Its increased size will enhance its ability to participate in retransmission revenue growth, share growth of national and digital advertising, and syndicated programming purchasing.

J. Stewart Bryan III, chairman of Media General, said, “The business combination of Media General and Young is a transformational event that will benefit shareholders, employees and the communities we serve.  The combination provides immediate accretion to free cash flow, a strong balance sheet, the opportunity to refinance debt at a much lower cost and attractive synergies.  Young’s management and its owners share Media General’s commitment to quality local journalism and to operating top-rated TV stations, making this merger a unique and compelling combination with significant growth potential.  I have agreed to vote all of my shares to unwind Media General’s dual-class stock structure and to approve the transaction.  I look forward to benefiting as a continuing long-term shareholder in the new Media General.”

News Releases - Media & Communications
Written by Lora Adams   
Friday, 31 May 2013 12:23

MOLINE, IL – The 2013 WQPT Broadcast Scholarship has been awarded to Victoria Hanson of Cambridge (IL), a senior broadcasting major at Western Illinois University's Macomb campus.

 Victoria Hanson WQPT.jpg

"Victoria is the type of student who simply gets the work done, and she does a quality job at the same time,” said Roger Sadler, WIU broadcasting professor.

Hanson is a member of Students in the Illinois News Broadcasters Association, and is a 2013 inductee in the National Broadcasting Society.

"I am so thankful to have won WQPT’s broadcast scholarship. My final semester will be this fall, and I can’t believe my college years are coming to an end. I am excited for my future,  and thanks to WQPT, I will have a little less financial stress." Hanson said. "I have been a television reporter on WIU’s newscast for two years, and I will be a television anchor in the fall for a second semester. I hope to become a television anchor or reporter for a local television station on the East Coast."

WQPT is a media service of Western Illinois University located in Moline.

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The QUAD CITIES FILM COALITION welcomes Liz Gilman, Executive Producer of Produce Iowa, Office of Media Production, Iowa Department of Cultural Affairs PDF Print E-mail
News Releases - Media & Communications
Written by J Douglas Miller   
Wednesday, 29 May 2013 13:11
The Quad Cities Film Coalition is hosting a welcoming visit for the head of the replacement organization of the former Iowa Film Office on June the 11th.  Liz Gilman has been named the Executive Producer of Produce Iowa, Office of Media Production, which is a unit of the Iowa Department of Cultural Affairs.  Her appointment was announced earlier this month in Des Moines, Iowa, by Mary Cownie, Director of the Department of Cultural Affairs.
Ms Gilman will be touring the area, meeting with various community leaders, becoming acquainted with the Quad Cities area production community both in front of and behind the camera, as well as those who are interested in media production of all kinds in the digital age of computers.
The main focus of Produce Iowa is to rebuild the infrastructure of the promotional efforts of the production industry of the State of Iowa and to promote the abilities of the production community itself within the state as well to those outside of the state who are interested in utilizing the production professional's skills of the state while doing production in Iowa.  The Office of Media Production will also be engaged in the identification of new trends in media production and the advancements that are being made within the State of Iowa as those trends evolve on a global basis.
Ms Gilman will also be briefing an Ad Hoc committee of the Quad Cities Film Coalition, concerning the Iowa Department of Cultural Affairs program and exhibit, HOLLYWOOD IN THE HEARTLAND, which is slated for development in the coming year and an unveiling in Des Moines at the State Historical Museum of Iowa, which is near the Capitol, in June of 2014.  The program is being co-sponsored by the Iowa Department of Cultural Affairs, Preserve Iowa, Main Street Iowa and Iowa Tourism.
HOLLYWOOD IN THE HEARTLAND's objectives are to bring attention to the many contributions that have been made to Hollywood through the actors that made their way to the silver screen from Iowa and became noteworthy, the motion pictures that have been shot in the state over the years and the many historic motion picture exhibition experiences that can be had throughout the state through the extensive theater venues located in the State of Iowa.  A vast inventory of these historic venues that are in existence and those that are long gone across the state is currently be developed.  The history of the film industry and its many facets with Iowa connections will also be explored through this program.  A virtual, (on the internet and otherwise) and real tour will be available for the public to experience once the proposed exhibit and program has matured in June of 2014.  Tours are contemplated across the State of Iowa to take place over the expected three years of the program.
The Iowa Quad Cities has a rich and deep history that is to be explored and contributed to this effort by the Quad Cities Film Coalition to the Iowa Department of Cultural Affairs and its co-sponsors, which spans motion picture and live entertainment going back over 100 years.
Davenport, Bettendorf and Scott County has an extensive background to share with regards to the many motion picture venues that have existed here going back to the 19th Century and the dawn of the motion picture era.  At one time, over 30 theaters existed in the Davenport and Bettendorf and Scott County area alone with some of the most famous actors of the era visiting the region from time to time to make personal appearances.  Most of these venues are gone but some still do exist though they are not used as theaters any more.  Two of the remaining four motion picture palaces of the golden era in the State of Iowa, with seating in the thousands, still exist here in the presence of the Adler Theatre (the former RKO Orpheum) in Davenport and the Capitol Theatre also in Davenport.
Many motion pictures stars came from the area going all the back to the silent era through to the present including Nate Pendleton, former President Ronald Reagan, Hugh Marlowe and Jock Mahoney to name a few, as well as Linnea Quigley, the B-Movie Queen, who was born in Davenport and graduated from Bettendorf High School.  All of these and numerous other notables in the industry can be researched by checking Davenport, Iowa on the motion picture data base.
The area contributed greatly to the advancement of film related to inventions, manufacturing, production, and distribution industries globally through such companies as the Victor Animatograph Company, one of the inventors, developers and manufacturers of the first 16 mm cameras and projectors in 1923.  Alexander F. Victor was the holder of over 60 motion picture related patents that advanced the industry tremendously during the first half of the 20th Century.  At one time, the Victor Company, which began in downtown Davenport, employed over 500 people in the area in a large factory on the edge of the city in Northwest Davenport just after World War II.
Blackhawk Films contributed to the development of an advanced method of classic film distribution for over 50 years and became world famous because of the distribution agreements that they had acquired which included the Fox Movie Tone Newsreels and many others similar rare novelty items as well as a large number of the films of the most important actors and players in the silent era including Charles Chaplin and those of the golden age of the studios.  Blackhawk Films' products were highly prized by film buffs from around the world and are still considered to be the finest of their kind today.  Blackhawk Films was owned by the Eastin/Phelan Corporation of Davenport.
There will be a reception held at the Lodge Hotel in Bettendorf, Iowa in the Garden Atrium next to the Black Bear Lounge to introduce Ms. Gilman to the local production community at large and those who are interested in Produce Iowa and the Office of Media Production.  Musical entertainment will be provide by members of the BUCKTOWN REVUE.
All are invited to this event which will include the opportunity for the local media to interview Ms. Gilman about her tour and impressions of the region.  The event will last from 5:30 pm to 7:00 pm.
You can contact Liz Gilman, Executive Producer of Produce Iowa, the Office of Media Production, directly in Des Moines at 515-725-0044 for an interview in advance of her appearance in the Iowa Quad Cities on the 11th of June.
Doug Miller, the co-founder and facilitator of the Quad Cities Film Coalition, the main sponsor of this tour and reception event is available at 563-349-1041 for more information.
We would like to thank the Lodge Hotel and the BUCKTOWN REVUE for the gracious contributions.

Tony Wilkins Named General Sales Manager for KLJB-TV Fox 18 and KGCW-TV Quad Cities CW in Davenport, Iowa PDF Print E-mail
News Releases - Media & Communications
Written by Stephanie De Pasquale-Soebbing   
Wednesday, 29 May 2013 13:04

Grant Communications, Inc. is proud to announce that Tony Wilkins has been named as the General Sales Manager for KLJB-TV Fox 18 and KGCW-TV Quad Cities CW in Davenport, Iowa.

President and CEO of Grant Communications, Inc., Drew Pfeiffer announced today the promotion of Mr. Wilkins to the position.

Mr. Pfeiffer said, "Mr. Wilkins has been with Grant for thirteen years. His accomplishments are many. Rising to be the General Sales Manager was entirely due to his hard work and dogged determination. Nothing pleases me more than the opportunity to promote one of our own. We all expect much more for this young man.”

Corporate Director of Sales, Jaime Horowitz, expressed his confidence that Mr. Wilkins would continue to develop the sales efforts of the stations. “I believe with Tony’s vast experience he will be a huge asset to our team”, said Horowitz.  “His use of marketing tools to grow local businesses will be a huge benefit to our community.  With his leadership skills I know that he will continue to grow the talents and sales of our sales team.”

Mr. Wilkins’ responsibilities will include supervising and training an already outstanding local sales team.  He will work with them to improve sales opportunities, grow revenue and market share

Mr. Wilkins is a graduate of Southern Illinois University.  He resides in Davenport, Iowa with his wife and two sons.


News Releases - Media & Communications
Written by Lora Adams   
Tuesday, 14 May 2013 13:11

MOLINE, IL –WQPT, Quad Cities PBS has received a grant from the PBS Warning Alert and Response Network (WARN) program to a fund power backup and hardening project for WQPT studios and transmitters.

WQPT will purchase, install and test back-up equipment required to maintain the station’s broadcast of Wireless Emergency Alerts (WEAs) to cellular telephone companies for up to 72 hours in the event of a power outage. WQPT will have the system installed by August 31.

“We are pleased to be working with PBS and the Department of Commerce on the WARN program. Not only will it improve uninterrupted service to our viewers in times of emergency or crisis, but it will protect their investment in public television,” said WQPT Director Mary Pruess.

On June 1, 2010, the Department of Commerce awarded PBS a grant under the WARN Act of 2005, which allowed PBS to implement a project establishing the PBS WARN program. With this grant, PBS assists stations like WQPT comply with an FCC a mandate to provide a backup pathway for sending WEAs from FEMA to cellular phone companies. One year later, the Department of Commerce authorized an additional round of funding, which allowed PBS to award sub-grants for the purchase and installation of the generators, UPS systems and related power backup and hardening equipment that would ensure continuous dissemination of WEAs.

For more information on Wireless Emergency Alerts and the Commercial Mobile Alert System (CMAS) visit

WQPT signed on the air November 3, 1983. WQPT’s signal covers all or part of 10 counties in western Illinois and three in eastern Iowa. The station reaches 309,000 households and estimates 50,000 households view the station on a weekly basis.

WQPT is a public media service of Western Illinois University Quad Cities located in Moline, IL.

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