Just to expound a bit:
LiL / your local affiliates in your DMA or designated market area / of which your service resides.
LIN = LIN TV Corporation / A holdings company that operates 31 www.lintv.com (Parent was LIN Broadcasting Corporation)
LIN TV Corp.’s roots trace back to the founding of its former parent, LIN Broadcasting Corporation in the mid 1960s. LIN Broadcasting was engaged in radio and television broadcasting, direct marketing, information and learning, and music publishing and record labels.
Over time, LIN Broadcasting made acquisitions in broadcasting, expanded into paging and in the early 1980s it 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 in New York, Los Angeles, Philadelphia, Dallas and Houston. LIN Broadcasting sold its paging operations and six of its radio stations in 1986 to help finance the development of its cellular business.
IN March 1990, McCaw Cellular Communications purchased a 52% interest in LIN Broadcasting. McCaw was acquired by AT&T in 1994, after which LIN Broadcasting’s 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.
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 venture with NBC that also holds the San Diego NBC affiliate. Under HMTF’s ownership, LIN Television has grown considerably through a wide range of transactions.
Today, LIN operates thirty-one television stations in 18 markets including two under local marketing agreements, two low-power networks, and has investments in five other stations.
LIN TV Corp. owns 100% of LIN Television, completed its initial public offering in 2002 and trades on the New York Stock Exchange under the symbol TVL.
http://en.wikipedia.org/wiki/LIN_TV
LiL / your local affiliates in your DMA or designated market area / of which your service resides.
LIN = LIN TV Corporation / A holdings company that operates 31 www.lintv.com (Parent was LIN Broadcasting Corporation)
LIN TV Corp.’s roots trace back to the founding of its former parent, LIN Broadcasting Corporation in the mid 1960s. LIN Broadcasting was engaged in radio and television broadcasting, direct marketing, information and learning, and music publishing and record labels.
Over time, LIN Broadcasting made acquisitions in broadcasting, expanded into paging and in the early 1980s it 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 in New York, Los Angeles, Philadelphia, Dallas and Houston. LIN Broadcasting sold its paging operations and six of its radio stations in 1986 to help finance the development of its cellular business.
IN March 1990, McCaw Cellular Communications purchased a 52% interest in LIN Broadcasting. McCaw was acquired by AT&T in 1994, after which LIN Broadcasting’s 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.
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 venture with NBC that also holds the San Diego NBC affiliate. Under HMTF’s ownership, LIN Television has grown considerably through a wide range of transactions.
Today, LIN operates thirty-one television stations in 18 markets including two under local marketing agreements, two low-power networks, and has investments in five other stations.
LIN TV Corp. owns 100% of LIN Television, completed its initial public offering in 2002 and trades on the New York Stock Exchange under the symbol TVL.
http://en.wikipedia.org/wiki/LIN_TV
