For its part, CMG has said the divestment served its strategy to restructure broadcast portfolio and focus on larger markets.Country: USASector: MediaTarget: KFOX, WJAC
, KRXI, WTOVBuyer: Sinclair Broadcast Group IncVendor: COX Media Group Inc (CMGDeal size in USD: 99mType: Corporate acquisitionFinancing: Existing resources, CashStatus: Closed
The mean number of seconds that WJAC spent telling viewers how they could stay up-to-date on the Sandusky proceedings by watching upcoming newscasts and checking online sites such as the station's website (wjactv.com) was 6.3 seconds following the Sandusky lead story.
Time Spent on Time Spent on Non- Sandusky Stories on Sandusky Stories on WJAC (in seconds) WJAC (in seconds) Number of Cases 10 9 Mean 221.9 76.11 Standard Deviation 72.30 55.60 Variance 4704.89 2748.32 t = 5.23 df = 17 cv = 1.739 p-value = 0.000034
It is expected to be completed in the second quarter of 2013.Country: USASector: MediaTarget: KFOX, WJAC
, KRXI , WTOV Buyer: Sinclair Broadcast Group IncVendor: COX Media Group Inc (CMG) Deal size in USD: 99mType: Corporate acquisitionFinancing: Rights issue, DebtStatus: AgreedComment: Deal size is subject to working capital adjustments.
* Local-local news consists of broadcast television stations WJAC & WTAJ.
The first group observed local-local news, airing from 6:00 to 6:30 PM on WTAJ Channel 10, an Altoona CBS affiliate, and WJAC Channel 6, a Johnstown NBC affiliate.
On WJAC, 14 minutes and 30 seconds of advertising commercial time was dedicated to Barack Obama spread out over 20 commercials.
News stories between WJAC and WTAJ had considerably less coverage compared to the local and national news.