1 00:00:00,080 --> 00:00:01,720 Speaker 1: That's a lot of money to pay for a TV station. 2 00:00:01,840 --> 00:00:04,560 Speaker 2: Yeah, media landscape in Indianapolis changing, isn't it? 3 00:00:04,960 --> 00:00:06,600 Speaker 3: Eighty three million dollar deal? 4 00:00:07,120 --> 00:00:11,719 Speaker 1: This is like wild? Yeah that the folks who own 5 00:00:11,760 --> 00:00:17,280 Speaker 1: wish TV, who has our news gathering partner, have announced 6 00:00:17,320 --> 00:00:21,480 Speaker 1: that they have purchased WRTV six, which is the ABC 7 00:00:21,600 --> 00:00:25,640 Speaker 1: affiliate has been for I think my entire life here 8 00:00:25,640 --> 00:00:31,720 Speaker 1: in Indianapolis, for a staggering eighty three million. 9 00:00:31,440 --> 00:00:33,199 Speaker 3: Dollars strategic investment. 10 00:00:33,440 --> 00:00:37,839 Speaker 2: It looks like because with WRTV now, Circle City is 11 00:00:37,840 --> 00:00:41,800 Speaker 2: going to gain access to all the ABC programming, which 12 00:00:41,840 --> 00:00:46,000 Speaker 2: includes the NBA WNBA and some college football broadcasts. 13 00:00:46,080 --> 00:00:48,879 Speaker 1: And it's fascinating. Now I'm very excited because I just 14 00:00:48,920 --> 00:00:52,959 Speaker 1: expect to see the our friend Phil Sanchez on all 15 00:00:53,040 --> 00:00:54,080 Speaker 1: the newscasts all the time. 16 00:00:54,120 --> 00:00:54,200 Speaker 2: Now. 17 00:00:54,240 --> 00:00:56,520 Speaker 1: Yeah, he's the anchor for wish TV, and now we 18 00:00:56,560 --> 00:01:00,560 Speaker 1: can just see him simulcast on ABC and look forward 19 00:01:00,640 --> 00:01:02,640 Speaker 1: to just all fill all the time on all my 20 00:01:02,680 --> 00:01:08,080 Speaker 1: television channels. Yeah. But it's fascinating because when I was 21 00:01:08,080 --> 00:01:11,000 Speaker 1: a kid growing up until what I don't know, maybe 22 00:01:11,000 --> 00:01:13,520 Speaker 1: it's ten years ago, at Camera Hung and Ben, wish 23 00:01:13,600 --> 00:01:17,000 Speaker 1: TV was the CBS affiliate and then ultimately they ended 24 00:01:17,080 --> 00:01:21,080 Speaker 1: over ended up flipping over to was TTV four when 25 00:01:21,120 --> 00:01:24,480 Speaker 1: I was a kid channel Channel four, CBS four as 26 00:01:24,520 --> 00:01:26,319 Speaker 1: it's called now, which is owned by the same people 27 00:01:26,360 --> 00:01:31,360 Speaker 1: owned Fox fifty nine. And so now NAWAN, who owns 28 00:01:32,400 --> 00:01:35,360 Speaker 1: Circle City Broadcasting is the company's name, right, was gonna 29 00:01:35,360 --> 00:01:41,400 Speaker 1: get another cracket owning owning in a network affiliate In 30 00:01:41,560 --> 00:01:45,840 Speaker 1: terms of being with ABC. It is interesting too, how 31 00:01:45,880 --> 00:01:49,520 Speaker 1: now you're gonna have how television in this city is 32 00:01:49,560 --> 00:01:52,440 Speaker 1: sort of mirroring radio in which a couple of companies 33 00:01:52,600 --> 00:01:55,240 Speaker 1: are owning the majority of the properties. Right, You've got 34 00:01:55,280 --> 00:01:57,840 Speaker 1: CBS and four and Fox fifty nine owned by the 35 00:01:57,840 --> 00:02:02,040 Speaker 1: same people. You'll have wish TV and WRTV owned by 36 00:02:02,040 --> 00:02:04,440 Speaker 1: the same people. So you're really sort of seeing the 37 00:02:04,480 --> 00:02:06,760 Speaker 1: same thing in our business now happening over in television. 38 00:02:07,200 --> 00:02:11,000 Speaker 2: So this acquisition is going to add WRTV two Circle 39 00:02:11,040 --> 00:02:13,800 Speaker 2: City's existing lineup. As you mentioned, they have wish TV, 40 00:02:14,240 --> 00:02:18,320 Speaker 2: they also have my INDIETV twenty three and Circulus Digital Media. 41 00:02:19,240 --> 00:02:21,760 Speaker 2: And they say that this is going to strengthen their 42 00:02:21,840 --> 00:02:26,760 Speaker 2: local media presence and enhance the value to the viewer 43 00:02:27,120 --> 00:02:30,639 Speaker 2: and their advertisers. And you got to wonder WRTV has 44 00:02:30,680 --> 00:02:33,400 Speaker 2: that building, which is on Meridian Street in Indianapolis now 45 00:02:33,480 --> 00:02:34,800 Speaker 2: is we're going to move over there. 46 00:02:35,760 --> 00:02:37,600 Speaker 1: And it is fascinating and this is more your world 47 00:02:37,600 --> 00:02:43,280 Speaker 1: because you were on television for years. But whenever these 48 00:02:44,000 --> 00:02:47,239 Speaker 1: purchases happen, the immediate responses, well, how's it going to 49 00:02:47,280 --> 00:02:48,160 Speaker 1: affect the employees? 50 00:02:48,280 --> 00:02:51,920 Speaker 2: Right, how's this affect me? That's everyone's first response with anything. 51 00:02:52,200 --> 00:02:55,919 Speaker 1: Sure, And so when Urban One bought WIBC, we were 52 00:02:56,000 --> 00:02:59,639 Speaker 1: chuckling because all the people said, well, that's it for WIBC, 53 00:03:00,120 --> 00:03:03,440 Speaker 1: They're done. Get ready for it to be uh, you know, 54 00:03:03,560 --> 00:03:06,399 Speaker 1: Spanish come one day. And we were like, yeah, these 55 00:03:06,440 --> 00:03:08,160 Speaker 1: guys like money, and we make a lot of money. 56 00:03:08,160 --> 00:03:11,280 Speaker 1: I think we'll be fine and to it. And not 57 00:03:11,320 --> 00:03:14,639 Speaker 1: only in fine. 58 00:03:13,240 --> 00:03:13,400 Speaker 2: We. 59 00:03:15,200 --> 00:03:17,480 Speaker 1: Love working for these guys. And from the extent of 60 00:03:17,560 --> 00:03:19,640 Speaker 1: we never hear from them, they're like, just keep the 61 00:03:19,720 --> 00:03:23,400 Speaker 1: ratings high, in the revenue flow and you'll be just fine. 62 00:03:23,400 --> 00:03:24,840 Speaker 3: Because money, it's pretty good agreement. 63 00:03:24,960 --> 00:03:28,120 Speaker 1: Money is the universal language, right, that is that? So 64 00:03:28,840 --> 00:03:32,440 Speaker 1: it will be fascinating to see what changes though come 65 00:03:32,480 --> 00:03:35,160 Speaker 1: to WRTV, because let's face it, you're sort of bound 66 00:03:35,400 --> 00:03:36,840 Speaker 1: and again you can correct me if I'm wrong on this. 67 00:03:36,920 --> 00:03:40,040 Speaker 1: TV's your your area of expertise, but you're sort of 68 00:03:40,080 --> 00:03:42,880 Speaker 1: bound by certain programming, right like you're ABC. 69 00:03:43,680 --> 00:03:47,560 Speaker 2: Well, sure, there's obviously the syndicated contracts, and many times 70 00:03:47,600 --> 00:03:50,920 Speaker 2: those contracts will say you have to air this program 71 00:03:51,160 --> 00:03:54,200 Speaker 2: within a certain amount of time. I don't foresee a 72 00:03:54,240 --> 00:03:56,200 Speaker 2: whole lot of changes in regards to. 73 00:03:56,160 --> 00:03:58,720 Speaker 1: That, right. So that's where I come to, how much 74 00:03:58,760 --> 00:04:02,800 Speaker 1: can you actually tinker the network affiliate in terms of 75 00:04:03,400 --> 00:04:07,400 Speaker 1: you know, you can't quote unquote flip the format per se. No, 76 00:04:07,720 --> 00:04:10,760 Speaker 1: So is it really unlike radio or you came and 77 00:04:10,760 --> 00:04:13,680 Speaker 1: do basically whatever you want to do with it? It 78 00:04:13,760 --> 00:04:15,760 Speaker 1: almost is, And I think it was alluded to this 79 00:04:15,840 --> 00:04:22,320 Speaker 1: Presley's it's really strengthening the brand itself. Right now, I 80 00:04:22,400 --> 00:04:25,520 Speaker 1: have this other mega property to put with what I 81 00:04:25,560 --> 00:04:29,400 Speaker 1: had before, and you know, you probably will be able 82 00:04:29,440 --> 00:04:32,840 Speaker 1: to overlap certain you know, certain services overlap. You'll be 83 00:04:32,839 --> 00:04:34,680 Speaker 1: able to condense those save you know, a few dollars here, 84 00:04:34,680 --> 00:04:36,520 Speaker 1: a few dollars there. But I don't think you're going 85 00:04:36,560 --> 00:04:38,839 Speaker 1: to see some wholesale change to WRTV six. 86 00:04:39,000 --> 00:04:42,159 Speaker 2: No. I doubt that what they might be able to 87 00:04:42,200 --> 00:04:45,320 Speaker 2: do is if they had to preempt certain programming, they 88 00:04:45,320 --> 00:04:48,440 Speaker 2: could put it on the other station. More than anything, 89 00:04:49,040 --> 00:04:51,280 Speaker 2: what I would gather has happen is because they'll have 90 00:04:51,320 --> 00:04:56,200 Speaker 2: more synergy there, they'll get rid of redundancies, and oftentimes 91 00:04:56,320 --> 00:04:58,880 Speaker 2: that affects the non. 92 00:04:59,160 --> 00:05:00,560 Speaker 3: On air apartments. 93 00:05:00,600 --> 00:05:06,280 Speaker 2: Yeah, more like you know, the collections department or possibly 94 00:05:06,360 --> 00:05:11,200 Speaker 2: the the HR department, because they won't need multiple people 95 00:05:11,480 --> 00:05:13,120 Speaker 2: when one person could do the job. 96 00:05:13,320 --> 00:05:14,800 Speaker 1: Yeah, you know, this is what I figured out in 97 00:05:14,839 --> 00:05:16,640 Speaker 1: this business. It took me a while to figure it out. 98 00:05:16,920 --> 00:05:19,279 Speaker 1: What do you call it? The peda level? Yeah, pain 99 00:05:19,360 --> 00:05:21,240 Speaker 1: in the ass level. Oh you said it, Well you 100 00:05:21,240 --> 00:05:22,680 Speaker 1: can say that. I'm still problem with that. 101 00:05:24,000 --> 00:05:26,800 Speaker 3: Yeah, your your PEDA level should never be higher than 102 00:05:26,839 --> 00:05:27,279 Speaker 3: your worth. 103 00:05:27,480 --> 00:05:30,880 Speaker 1: Yeah, the the and and uh, I'm the best example 104 00:05:30,880 --> 00:05:33,800 Speaker 1: of this right pretty much. I have a like, I'm 105 00:05:34,000 --> 00:05:36,400 Speaker 1: very high on the on the amount of drama I 106 00:05:36,440 --> 00:05:40,120 Speaker 1: cause for the the the or cohubs. Well, I was 107 00:05:40,120 --> 00:05:41,760 Speaker 1: gonna say the muckety box here, you know, the bit 108 00:05:41,880 --> 00:05:45,880 Speaker 1: the big timer. But I bring a lot of good 109 00:05:45,960 --> 00:05:48,520 Speaker 1: qualities to this station too, and that you like, you 110 00:05:48,600 --> 00:05:52,159 Speaker 1: accept that when you bring someone like me on board, 111 00:05:52,200 --> 00:05:53,760 Speaker 1: You're like, Okay, we're there's a lot of complaint phone 112 00:05:53,760 --> 00:05:55,640 Speaker 1: calls about this guy, but we also get a lot 113 00:05:55,680 --> 00:05:57,560 Speaker 1: of traction, a lot of attention because of this guy. 114 00:05:58,000 --> 00:06:01,039 Speaker 1: And I never do anything that would be untoward in 115 00:06:01,120 --> 00:06:05,320 Speaker 1: terms of the rules and regulations by which we are 116 00:06:05,480 --> 00:06:07,960 Speaker 1: forced to play by here, and the drama I bring 117 00:06:08,040 --> 00:06:11,440 Speaker 1: is just mostly telling politicians exactly what I think of 118 00:06:11,480 --> 00:06:13,680 Speaker 1: them and them not not like but same thing. 119 00:06:13,839 --> 00:06:16,520 Speaker 2: As long as our listeners engage enough, it makes you 120 00:06:16,600 --> 00:06:17,039 Speaker 2: worth it. 121 00:06:17,080 --> 00:06:20,880 Speaker 1: And television, while like being the nightly newscaster is a 122 00:06:20,920 --> 00:06:23,760 Speaker 1: different game, it's sort of the same thing, right, Like, Okay, 123 00:06:23,760 --> 00:06:26,640 Speaker 1: I got a pay X, but we get why based 124 00:06:26,640 --> 00:06:28,400 Speaker 1: on people tuning in because this person does a good 125 00:06:28,480 --> 00:06:31,240 Speaker 1: job doing the news or the reporting or the weather 126 00:06:31,360 --> 00:06:35,640 Speaker 1: or whatever it might be. And so you're saying, the staffing, 127 00:06:36,279 --> 00:06:38,360 Speaker 1: the way they do things really ain't all that much different. 128 00:06:38,520 --> 00:06:39,400 Speaker 3: No, probably not. 129 00:06:39,800 --> 00:06:42,000 Speaker 1: We get to have more fun here, though. Radio is 130 00:06:42,040 --> 00:06:42,920 Speaker 1: more fun than television. 131 00:06:42,960 --> 00:06:46,159 Speaker 2: I actually I watched WRTV in the morning. That's my 132 00:06:46,560 --> 00:06:50,200 Speaker 2: station that I put on in the morning because. 133 00:06:49,960 --> 00:06:56,120 Speaker 3: They're anchor Kendall cousin Kendall. Kendall's all around all the time. 134 00:06:56,240 --> 00:06:58,520 Speaker 1: Yeah, you know, it's funny. When I started here, wish 135 00:06:58,880 --> 00:07:03,119 Speaker 1: WRTV was our news gathering partner. They worked with WRTV before. 136 00:07:03,200 --> 00:07:04,920 Speaker 1: I don't know, it's been several years now. We ended 137 00:07:04,960 --> 00:07:07,560 Speaker 1: up partnering over with WISH and so now maybe we'll 138 00:07:07,600 --> 00:07:09,360 Speaker 1: all be one big, happy family. 139 00:07:09,440 --> 00:07:12,120 Speaker 3: Well that's a decision for someone above our pay grade. 140 00:07:11,920 --> 00:07:13,960 Speaker 1: Is that's right. I don't want to ever get paid 141 00:07:13,960 --> 00:07:15,160 Speaker 1: to make any decisions, ever get