Английская Википедия:Field Communications

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Field Communications was an American broadcast media company and a wholly owned division of Field Enterprises, which owned the Chicago Sun-Times and the Chicago Daily News. Based in Chicago, Illinois, the company had owned UHF independent television stations in the United States, with WFLD-TV in Chicago as its flagship and largest-market station.

History

The broadcasting arm of Field Enterprises began in January 1966 with the initial sign-on of WFLD.

On May 26, 1972, Field sold a majority ownership (about 77.5 percent) of WFLD-TV to Oakland, California–based Kaiser Broadcasting; in turn, Kaiser sold a 22.5 percent minority stake in their station group to Field.[1] The Kaiser chain consisted of WKBD-TV in Detroit, WKBF-TV in Cleveland, WKBS-TV in the Philadelphia area, KBHK-TV in San Francisco, WKBG-TV in Boston (owned by Kaiser in a joint venture with the Boston Globe) and KBSC-TV in the Los Angeles area.[2] KBSC-TV, which had struggled in the Los Angeles area since it took to the air in 1966, was put up for sale,[3] but a deal could not be finalized until 1975.[4][5] The Kaiser/Field partnership was named Kaiser Broadcasting Co. (Kaiser Co.) when the deal was completed in May 1973.[2]

The Boston Globe sold its minority ownership stake in WKBG-TV back to Kaiser/Field in 1974,[6] with the station renamed WLVI.[7] WKBF-TV was shut down permanently on April 25, 1975, after years of mounting financial losses, with Kaiser/Field selling the station's non-license assets to WUAB parent United Artists Broadcasting.[8] In turn, Kaiser/Field purchased a 36 percent equity stake in WUAB,[9] which it held until United Artists sold off that station to Gaylord Broadcasting in 1977.[10]

In January 1977, Field purchased Kaiser's majority control in the entire broadcast group for a combined $42.625 million (equivalent to $Шаблон:Format price in Шаблон:Inflation/year), while also resulted in an outright repurchase of WFLD-TV.[11] This transaction was instigated by a larger disposition of Kaiser Industries throughout 1977 in which 90 percent of the conglomerate's assets were divested.[12]

Beginning of the end

In 1982, half-brothers Marshall Field V and Frederick W. (Ted) Field, who each controlled half of Field Enterprises, were at odds on how the company should operate which left them unable to work together.[13] As a result of the dispute, Field opted to dissolve the company and the broadcast holdings were put up for sale as a group;[14] when no prospective buyers emerged, the stations were individually put up for sale.

By the end of 1982, Field had deals in place for three of the stations: WFLD-TV to Metromedia,[15][16] WLVI-TV to Gannett,[17] and KBHK-TV to Chris-Craft Industries/United Television.[18] The search for buyers for the Detroit and Philadelphia outlets would continue well into 1983. While WKBD-TV was sold to Cox Enterprises in May 1983,[19] finding an entity to purchase WKBS-TV proved to be difficult. Faced with a deadline to complete the liquidation of Field Enterprises, and with no purchasers having been found, Field took WKBS-TV dark on August 30, 1983, and returned the station's license to the FCC.[20] Field did achieve some financial recoupment by selling most of WKBS-TV's non-license assets to WPHL-TV.[21]

Former stations

City of license / Market Station Sold to Current status
San FranciscoOaklandSan Jose, CA KBHK-TV 44 Chris-Craft/United Television Independent KPYX, owned by Paramount Global
Chicago, IL WFLD-TV 32 Metromedia Fox owned-and-operated (O&O)
CambridgeBoston, MA WLVI-TV 56 Gannett The CW affiliate owned by Sunbeam Television
Detroit, MI WKBD-TV 50 Cox Broadcasting Independent owned by Paramount Global
Burlington, NJPhiladelphia, PA WKBS-TV 48 None, taken off the air Defunct, license cancelled

References

Шаблон:Reflist

External links

Шаблон:Field Communications