LIN TV's roots trace back to the founding of its former parent, LIN Broadcasting Corporation, in the mid 1960s. LIN Broadcasting was engaged in radio, television, direct marketing, information and learning, music publishing, and record labels. LIN takes its initials from three major cities where it originally owned radio stations: Louisville, Indianapolis and Nashville (all located on Interstate 65).
LIN Broadcasting made acquisitions in broadcasting, expanded into paging, and in the early 1980s the company entered the fledgling cellular telephone business. By 1983 the company owned seven television stations and by 1985 it owned and managed cellular telephone licenses serving Dallas, Houston, Los Angeles, New York City, and Philadelphia. LIN Broadcasting sold its paging operations and six of its radio stations in 1986 to help finance the development of its cellular business.
LIN Television's Chief Executive Officer is Vincent L. Sadusky. Sadusky had formerly been LIN's Chief Financial Officer as well as Vice President and treasurer since 2004, and previously was CFO for Telemundo, working closely on its sale to GE/NBC. Sadusky had been interim CEO since former Chairman Gary R. Chapman announced his impending retirement in June 2006, and through the company's search for a permanent replacement. He was officially installed as CEO upon Chapman's official retirement on July 10, 2006.
In March 1990, McCaw Cellular Communications purchased a 52% interest in LIN Broadcasting. McCaw was acquired by AT&T in 1994, after which LIN Broadcastings television operations were spun off as a public company traded on the NASDAQ stock market and 45%-owned by AT&T. The new company, LIN Television Corporation, owned and/or operated 12 stations and its stock price increased at a compounded annual growth rate of 31% between 1994 and 1998. During this period LIN acquired WIVB-TV in Buffalo, New York and WTNH-TV in New Haven, Connecticut.
In March 1998, LIN Television was acquired by Hicks, Muse, Tate & Furst Incorporated (HMTF), a leading private investment firm based in Dallas, Texas. At the time of the HMTF acquisition, LIN contributed its Dallas NBC affiliate to a joint venture with the network that also holds the San Diego affiliate. Under HMTFs ownership, LIN Television has grown considerably through a wide range of transactions:
In August, LIN helped finance the establishment of Banks Broadcasting, a minority-owned television broadcast company in which it holds a 50% interest. Today, Banks owns the CW Television Network affiliate KNIN-TV in Boise, Idaho.
LIN purchased WAPA-TV in San Juan, Puerto Rico in October. In April 2000, LIN acquired WLFI-TV, serving Lafayette, Indiana in exchange for 66% of its station WAND-TV in Decatur, Illinois. LIN continued to provide management oversight for WAND for several years after the swap was completed.
In February, LIN agreed to acquire seven stations in six markets from STC Broadcasting. The transaction of the stations was completed in May. Also in May, LIN TV Corp. completed the issuance of 19.55 million shares of Class A Common Stock through its Initial Public Offering on the New York Stock Exchange.
In late August 2005, LIN purchased several stations from Emmis Communications, the stations purchased were WALA and WBPG in Mobile, Alabama, WTHI-TV in Terre Haute, Indiana, KRQE in Albuquerque, New Mexico, and WLUK in Green Bay, Wisconsin. In July 2006, LIN announced the planned purchase a second station in New Mexico, KASA-TV, from Raycom Media.
In May, 2006, LIN TV announced the sale of Puerto Rico stations WAPA-TV and WJPX to InterMedia Partners, L.P. for $130 million.
In Novermber 2007, LIN TV completed the sale of its share of WAND to Block Communications. With this sale, LIN TV no longer manages the station.
On October 3, 2008, LIN TV's stations were dropped from Time Warner Cable, due to a dispute over "retransmission fees."
TV stations Owned and/or Operated by LIN
|Current DMA#||Market||Station||Channel (DT)||Current Affiliation||Acquired||Notes|
|25.||Indianapolis, Indiana||WISH-TV||8 (9)||CBS||1984||Ex-flagship|
|WNDY-TV||23 (32)||MyNetworkTV||2005||Licensed to Marion, Indiana|
|WIIH-CA||17||Univision||ca 2000||Simulcasted WISH's weather radar until 2003|
|30.||New Haven, Connecticut||WTNH||8 (10)||ABC||1994|
|WCTX||59 (39)||MyNetworkTV||2001||Operated by LIN since 1995|
|32.||Columbus, Ohio||WWHO||53 (46)||CW||2005|| Licensed to Chillicothe, Ohio |
Was UPN/WB until Sept. 2006
|39.||Grand Rapids, Michigan||WOOD-TV||8 (7)||NBC||1999|
|Battle Creek, Michigan||WOTV||41 (20)||ABC||2001||LMA'd by LIN for several years prior|
|WXSP-CA||15**||MyNetworkTV||2002|| ** Simulcasted on: |
|43.||Norfolk, Virginia||WAVY-TV||10 (31)||NBC||1968||Licensed to Portsmouth, Virginia|
|WVBT||43 (29)||Fox||2002||Operated by LIN since 1995; licensed to Virginia Beach|
|44.||Albuquerque, New Mexico||KRQE||13 (16)||CBS||2005|
|Roswell, New Mexico||KBIM||10 (41)||CBS||2005||Satellite of KRQE|
|Durango, Colorado||KREZ||6 (15)||CBS||2005||Satellite of KRQE|
|49.||Austin, Texas||KXAN||36 (21)||NBC||1979|
|KNVA||54 (49)|| CW (primary)/|
|LMA|| Operated by LIN since the 1990s. |
Was WB until Sept. 2006
|Llano, Texas||KXAM-TV||14 (27)||NBC||1987||Satellite of KXAN|
|51.||Buffalo, New York||WIVB-TV||4 (39)||CBS||1995|
|WNLO||23 (32)||CW||2001||Was Independent until 2003; UPN until Sept. 2006|
|52.||Providence, Rhode Island||WPRI||12 (13)||CBS||2002||Flagship|
|WNAC-TV||64 (54)|| Fox (primary)/|
|LMA||Owned by LIN 2001-02|
|60.||Mobile, Alabama||WALA-TV||10 (9)||Fox||2005|
|WBPG||55 (9)||CW||2006|| Licensed to Gulf Shores, Alabama. Operated by LIN since 2005. Was WB until Sept. 2006 |
High-definition programming on WALA-DT2 (10.2).
|64.||Dayton, Ohio||WDTN||2 (50)||NBC||2002||Was ABC until 2004|
|70.||Green Bay, Wisconsin||WLUK-TV||11 (51)||Fox||2005|
|73.||Toledo, Ohio||WUPW||36 (46)||Fox||2002|
|107.||Fort Wayne, Indiana||WANE-TV||15 (31)||CBS||1984|
|111.||Springfield, Massachusetts||WWLP||22 (11)||NBC||2000|
|Holyoke, Massachusetts||WFXQ-CA||28||NBC||2006||repeater of WWLP; future is uncertain|
|152.||Terre Haute, Indiana||WTHI-TV||10 (24)||CBS||2005|
|189.||Lafayette, Indiana||WLFI-TV||18 (11)||CBS||2000||Obtained in exchange for WAND|
LIN has partial holdings in three other stations, however LIN does not control these stations:
Former LIN Stations
|Market||Station||Channel||Affiliation||Owned by LIN||Sold To||Current Ownership||Notes|
|Abilene, Texas||KRBC-TV||9||NBC||2002-2003||Mission Broadcasting||Mission Broadcasting||Controlled by Nexstar-owned KTAB|
|Bay City-Flint-Saginaw, Michigan||WEYI-TV||25||NBC||2002-2004||Barrington Broadcasting||Barrington Broadcasting|
|Decatur, Illinois||WAND||17||NBC||1966-2000||Block Communications||Block Communications||33% retained by LIN from 2000 to 2007; was ABC until 2005|
|Fort Worth-Dallas, Texas||KXAS-TV||5||NBC||1975-1998||NBC O&O||NBC O&O||24% retained by LIN; ex-flagship|
|Omaha, Nebraska||WOWT||6||NBC||1999-2000||Benedek Broadcasting||Gray Television||Obtained in a three-way deal with KAKE where it was swapped for WWLP|
|San Angelo, Texas||KACB||3||NBC||2002-2003||Mission Broadcasting||Mission Broadcasting||Now KSAN-TV; controlled by Nexstar-owned KLST|
|Wichita, Kansas||KAKE-TV||10||ABC||1999-2000||Benedek Broadcasting||Gray Television||Obtained in a three-way deal with WOWT where it was swapped for WWLP|
|Colby, Kansas||KLBY||4||ABC||1999-2000||Benedek Broadcasting||Gray Television||Satellite of KAKE-TV|
|Dodge City, Kansas||KUPK||13||ABC||1999-2000||Benedek Broadcasting||Gray Television||Satellite of KAKE-TV|
LIN also previously owned two stations in San Juan, Puerto Rico and their satellite stations across Puerto Rico; they were sold to InterMedia Partners, L.P. in March 2007. The more notable of the two, WAPA, also has a cable feed called WAPA America which is seen on DirecTV, RCN and several cable systems along the East Coast and in St. Croix.
|Station||Channel (DT)||Affiliation||Owned by LIN||Notes|