UPDATE: Circle City Broadcasting sheds employees after closing WRTV acquisition

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21 Comments

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  1. Between this deal and the other deal, Indianapolis will only get its televised news from two broadcasters. This will be interesting to see where this goes.

    1. I read that once the Nexstar and Tegna deal is finalized, Nexstar will divest WTHR thus we will have three broadcasters not two.

    2. Yes Anthony, that “supposedly” is supposed to happen within two years — we’ll see. Until and if then, there are only two owners of five broadcast stations. Tell me how that’s a good thing.

  2. Did Circle City Broadcasting lie to the FCC? Why would they have approved the deal on the basis of “competitive harm would be minimal” if this was a deal just to essentially shut down a competitor?

    1. My digital antenna does not receive channel 8 after the Circle City Broadcasting company take over . Will channel 6 also vanish ? It appears that Circle City Broadcasting company doesn’t broadcast in the Circle City . To me he is a vulture investor seeking to enrich himself at the expense of not serving our Circle City community

    2. CB. Channel 8 works on digital antennae but not on Directv. Try readjusting your antenna.

    1. Circle City Broadcasting is local in name only. Very (very) reliable sources say Mr. McCoy is both snake and snake oil salesman not in the least bit interested in what should be the best interests of local journalism. He has said as much. Perfect fit for the FCC in its current state. The new class of robber barons runs tech and communications — not sure when we hit bottom, but I don’t think we’re there yet.

  3. Yet another example of how conservative capitalism hurts the economy, kills competition and results in a less-informed population, while making a small number of rich people even richer at the expense of any public good. Our Robber Barons history continues to repeat itself.

    1. Who appoints the chair of the FCC, which had to approve the merger that led to these layoffs?

    2. If you can’t figure it out then I’m certainly not going to point it out for you.

  4. Some very uninformed and biased opinions on here today, as usual.
    Although, WISH8’s claims of all local all the time, seem a bit far fetched as they love to regurgitate national news from left leaning propaganda networks. Stay local and broadcast local news.

    1. I truly wish we had a left-leaning propaganda network in this country. What a joke, there is no such thing.

  5. I’m so glad I ditched cable a few years ago. I get my news from IBJ and Google. Doesn’t seem to matter who it is these days. They all report the same thing.

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