No one is talking on the record because they won't or can't but the big rumor is that ABC is actively interested in buying KRON. In fact, one of my sources told me that an offer was already on the table for around $200 million--I would assume that would include the mound of corporate debt too --in any event, the offer, supposedly, was turned down
But the idea makes too much sense. Which doesn't necessarily mean it will happen because of the load of issues ahead. But KRON is already inside the ABC Broadcast Center at 900 Front and has a SSA (shared-services agreement) with KGO-TV. One day soon you're going to see both station's air talent on each others screen. Privately, I'm told that ABC is sending a few of it major industry execs to SF to "assess the market." I doubt they're coming here just to eat at a few restaurants and walk the Embarcadero.
Yes, of course the unions are nervous.
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