This article is about the company in the United States. For local television in general, see local programming. For the streaming service for local over-the-air television channels, see LocalBTV.
Local TV LLC
Company type
Private
Industry
Broadcast television
Predecessor
Broadcasting division of
The New York Times Company
Eight stations owned by
Fox Television Stations
Founded
December 2006; 17 years ago (2006-12)
Defunct
December 27, 2013; 10 years ago (2013-12-27)
Fate
Acquired by Tribune
Successor
Tribune Broadcasting
Nexstar Media Group
Headquarters
Newport, Kentucky
,
United States
Key people
Bobby Lawrence, CEO
Owner
Oak Hill Capital Partners
Local TV LLC was a television broadcasting company owned by Oak Hill Capital Partners which operated 20 television stations in the United States.[1][2] The group was formed in 2006 by the acquisition of nine television stations owned by The New York Times Company, and grew further with the acquisition of eight former Fox owned-and-operated stations from Fox Television Stations, and a wide partnership with Tribune Broadcasting to provide management services for the stations (in turn, Local TV also operated several Tribune stations as well).
On July 1, 2013, Tribune announced that it would acquire Local TV LLC for $2.7 billion, a deal which was approved by the FCC on December 20, and was completed on December 27.[3]
^"About Us". localtvllc.com. Local TV LLC. August 2008. Archived from the original (Web) on June 25, 2008. Retrieved August 24, 2008. We are currently in the process of acquiring a portfolio of 9 television stations. We intend to expand our media footprint, and are pleased to have the NYT stations as a foundation.
^"Press Room" (Press release). Local TV. August 22, 2008. Archived from the original on July 12, 2007. Retrieved August 24, 2008. Local TV LLC is a broadcast holding company created in 2007 to acquire nine heritage television stations in eight midsized markets. In 2008, the company acquired eight Fox affiliates previously owned by News Corporation. Local TV is owned by Oak Hill Capital Partners, management and a consortium of bankers and high yield lenders....
^"Tribune Closes Acquisition of Local TV Holdings" (Press release). Tribune Company. December 27, 2013. Archived from the original on December 28, 2013. Retrieved December 28, 2013.
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Duopolies Coming Under Fire". TV News Check. June 9, 2010. Retrieved May 30, 2012. Stelter, Brian (May 28, 2012). "LocalTV Stations Cut Costs by Sharing...
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again during the 12-year ownership tenure of The New York Times Company. LocalTVLLC acquired The New York Times Company's television stations, including...
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Released From Hospital After Cedar Point Ride Malfunction". fox8.com. LocalTV, LLC. Archived from the original on July 23, 2013. Retrieved July 20, 2013...
WJJA-TV in Racine, Wisconsin, which gave the company its second full-power station in the Milwaukee market. The station carried a local version of MeTV for...
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stations. Vaughan Media LLC, FCC Form 603. Explanation of Transaction, May 2012 McAdams, Deborah (2014-08-20). "Nine U.S. TV Stations Swapped for $537...
Released From Hospital After Cedar Point Ride Malfunction". fox8.com. LocalTV, LLC. Retrieved July 20, 2013. Gerard Couzens (8 July 2014). "Teenager killed...
beyond college sports. In June, subsidiary Sinclair TV Group, Inc. formed Tornante-Sinclair LLC, a TV production company, with Michael Eisner's Tornante...
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