![]() It also operates Movies! Network in cooperation with Fox Television Stations, and Decades, H&I and Start TV in association with CBS Television Stations. is another player in the multicast business with one of the oldest and highest rated networks, MeTV. Last year, Byron Allen bought digital multicast networks This TV and Light TV from MGM. In October, Scripps plans to launch Newsy, its streaming news channel, as a free over-the-air network as well on Oct.1. Scripps is moving its channels to Ion stations it now owns, reducing the distribution fees it pays. Some of the stations that had carried Katz networks will be carrying Nexstar’s new Rewind TV. The Katz Networks are now part of Scripps National Networks unit along with Ion Media. The Katz Networks had profits of $62.5 million, up 45% in 2020, on revenue of $257.5 million, up 13.4%. It has since launched additional channels including Court TV. ![]() ![]() In 2017, Scripps bought Katz Networks for $302 million, Katz operated Bounce, Escape, Grit and Laff channels featuring vintage shows targeting viewers based on genres and demographics. TrueReal was originally called Doozy, but it was quickly rebranded. The other is TrueReal, featuring reality shows, mainly off-cable from A+E Networks, aimed at women 25 to 54. Scripps plans to launch two new multicast networks on July 1, One is Defy, with unscripted programming aimed at men with the slogan “Here’s to the Mavericks.”. The networks are adventure-oriented Quest and Justice, which was relaunched as True Crime last year.Į.W. Tegna bought two other multicast networks from Cooper Media for $77 million in 2019. Twist was initially available in 43 markets. Nexstar is not the only company launching digital channels, which are becoming a substantial business.Įarlier this month, Tegna launched Twist, a digital multicast channel aimed at women with unscripted lifestyle shows including Dance Moms, Tabatha Takes Over and Flipped Out. “To complement Antenna TV’s strong following with Baby Boomers, we created Rewind TV to give Gen X viewers a network dedicated to their own nostalgic comedy classics.” “This year marks Antenna TV’s 10-year anniversary, and it continues growing and finding new audiences,” said Sean Compton, president of Nexstar Media Inc.’s Networks Division. 'The Facts of Life' (Image credit: Nexstar)
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