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Post by Amanuensis on Sept 10, 2009 12:13:15 GMT -5
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Post by elchupacabras970 on Sept 10, 2009 12:16:53 GMT -5
You beat me to the punch! Interesting. I am wondering if it is to better position Bonneville for a rumored take-over of Citadel?
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Post by Amanuensis on Sept 10, 2009 12:53:57 GMT -5
I wonder if it is the other way around -- that Deseret Management is preparing to shop Bonneville to other media companies.
KSL still serves a core function for Deseret Management's owner, but I do not think the same can be said for any of the other stations. With the Internet and satellite channel BYU-TV, I do not think that the Church has any difficulty now in getting its programming to Church members living outside of Utah.
As was recently demonstrated by the winding up of Benneficial Life, Deseret Management is asking "why do we own this--and do we have to" for all of its properties. I wonder how much Deseret Management could get if it sold all of its stations other than KSL to the highest bidder?
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Post by steve on Sept 10, 2009 13:07:34 GMT -5
So what happens to FM 100 and Arrow?
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Post by Amanuensis on Sept 10, 2009 13:36:12 GMT -5
They remain with Bonneville.
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Post by Deleted on Sept 10, 2009 14:30:03 GMT -5
I see B'ville acquiring... not selling.
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Post by elchupacabras970 on Sept 11, 2009 7:01:30 GMT -5
Tom Taylor of Radio-Info.com has an interesting take on the matter:
"One of the ways you can read yesterday’s announcement is that it positions the non-KSL stations for some kind of M&A (merger & acquisition) activity. Former NAB Joint Board Chairman Bruce Reese says the re-org is consistent with the goals of Bonneville and will be good for the digital media. But at least one T-R-I reader suspects the re-org might set the table for Bonneville to acquire more stations – like the Citadel properties T-R-I speculated about a couple of weeks ago. It could also go the other way, if Bonneville feels like selling (and it’s done that before). Mark Willes is the fairly new president and CEO of the parent Deseret Management Corporation, and he’s an outsider to the Bonneville culture. This re-org probably bears his fingerprints. Bonneville’s always been more than a little hard to predict. And right now, it’s one of the very few big groups that’s got dry powder for deals, so the rumors will likely continue."
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Post by elchupacabras970 on Sept 11, 2009 7:04:18 GMT -5
Here's my take:
How many stations does Citadel have in the SLC market? If Bonneville purchased Citadel, it may be over the limit with the number of stations permitted by the FCC, having to jettison some. By separating KSL, it is able to legally retain a GREATER number inside the market. Hmmm. Developing.
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Post by elchupacabras970 on Sept 11, 2009 9:53:45 GMT -5
In the event such purchase took place, the LDS Church would own, directly or indirectly, The Deseret News, KSL TV, KSL AM-FM, and FM-100 and likely K-BULL. That's a huge chunk of the top media shares in the market. I don't care who it is, I don't like the idea. And yes, before you shoot me and call me a religious bigot, I too am LDS.
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Post by JamesAnderson on Sept 11, 2009 11:51:04 GMT -5
I think that after a short period of time, they would split things off and keep what they have now, and all the local Citadel properties would be spun off to another owner, maybe like CBS or some other owner. As it is, Bonneville locally is maxed out on ownership as they count as media properties the newspaper and KBYU-FM-TV.
They have room possibly for one more AM, that's all.
Nationally though, that's another story. The biggest market for them is Washington DC, but I could see them taking a couple FM's each in NYC, San Francisco, Las Vegas, Atlanta, (choose your cities from here). etc.
They were recognized by a poll of broadcasters as 'best owner', beating out some well-known groups that were larger than they were, but did not quite include groups like the ones named above, or CC, or Cumulus, etc.
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Post by Deleted on Sept 11, 2009 13:54:11 GMT -5
CBS is selling off their smaller markets. As much as I like a lot of their stations, CBS will most likely not move into SLC. What about other groups to buy Citadel? Emmis? Cumulus? Entravision? Conjecture...
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Post by MaxxFordham on Nov 2, 2009 2:45:16 GMT -5
With this change, then how was General Conference still copyrighted by Bonneville, instead of by KSL Broadcasting or Deseret Management as of this October?
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Post by Amanuensis on Nov 2, 2009 22:54:32 GMT -5
General Conference was copyrighted by Intellectual Reserve, Inc. Which is a division of the Church used to hold title to the Church's intellectual property.
Bonneville Communications produced the conference broadcasts but I presume they did so as a work-for-hire. In any event, Bonneville and KSL are both still owned by Deseret Management. The only change is that KSL now directly reports to Deseret Management instead of going through Bonneville.
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Post by MaxxFordham on Nov 3, 2009 0:18:31 GMT -5
Oh, did I miss something? The GC copyright now says IRI? But Lloyd still says Bonneville Communications. Does the screen thing say IRI now? I'll have to go back and look at my recordings.
Why was IRI formed, anyway, when the Church still owned the copyrights before they had IRI? What was the matter with the status quo before IRI came out?
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Post by JamesAnderson on Nov 3, 2009 1:13:47 GMT -5
Intellectual Reserve, Inc. (IRI) was formed after some questions arose about some LDS Church publications were revised, and some anti-Mormons put them online claiming that the Church had never copyrighted them. A judge ruled against the anti-Mormons in the case, and ordered the documents taken offline. This was even before the DMCA which makes it easier for a copyright owner to get unauthorized Internet publication of a work taken offline.
I think it was about 1998 that this all happened. You still see some older printings of some Church publications, typically hymnbooks and scriptures (relates to footnotes and study aids), that have (c) date LDS, but since 1999 almost everything has (c) date IRI or the full name. However, if one needs to use something from the Church where they need to get permissions or find out where they would need to go for permission for some items the Church uses where they got permission to use at the general level, they go to the Copyrights and Permissions Office. The name is only used for legal purposes.
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