Hearst Television, Inc.

Type	subsidiary
Founded	1997, by a merger of Hearst Broadcasting and Argyle Television Holdings II
Headquarters	New York City
Area served	United States (Nationwide)
Key people	David J. Barrett, president/chief operating officer
Industry	Broadcast Television Television Production
Products	Broadcast television
Revenue	▲ $785.4 million USD (2006)
Operating income	▲ $228.8 million USD (2006)
Net income	▲ $98.7 million USD (2006)
Employees	approx. 3000 (full time)
Website	www.hearsttelevision.com

Hearst Television, Inc. (formerly Hearst-Argyle Television) is a broadcasting company in the United States, owned by the New York City-based Hearst Corporation. It holds joint ventures in television production with NBC Universal Television Distribution (although most of the stations it owns are affiliated with ABC). From 1998 to mid-2009, the company traded its common stock on the New York Stock Exchange under the symbol "HTV."

Hearst-Argyle was formed in 1997 with the merger of Hearst Corporation's broadcasting division and stations owned by Argyle Television Holdings II, which is partially related to the company of the same name who (in 1994) sold its stations to New World Communications, stations that eventually became Fox-owned stations.

In terms of audience reach, Hearst is the largest group owner of ABC-affiliated stations, and the second-largest group owner of NBC affiliates.

In June 2009, the Hearst Corporation announced that it would purchase substantially all of the stock not held by Hearst. Hearst-Argyle Television then dropped "Argyle" from its name and became a wholly-owned subsidiary of the Hearst Corporation.^[1]

[edit] Digital television

In February 2009 Hearst-Argyle announced that its stations (except for KITV and its satellites in Hawaii, which had already completed their transition to digital) would comply with the new DTV transition date of June 12, 2009.

[edit] Hearst-owned stations

Hearst-Argyle Television logo, 2007-2009

Currently, a total of 26 television stations, comprising of: ten NBC affiliates, twelve ABC stations, two CBS affiliates, one CW affiliate and one MyNetworkTV affiliate. The company also manages one ABC station, one CW affiliate and one independent station (all of which are owned by a separate, indirect subsidiary of Hearst), and two radio stations (both owned directly by Hearst).

Notes:

1) ** indicates a station built and signed-on by the Hearst Corporation;

2) ++ indicates a station owned by either a separate, indirect subsidiary of the Hearst Corporation (KCWE, WMOR-TV and WPBF) or directly by the Hearst Corporation (WBAL radio and WIYY), and managed by Hearst Television via local marketing agreement (LMA).

[edit] Television stations

[edit] Radio stations

[edit] Stations formerly owned by Hearst and/or Argyle II

[edit] Television stations

First Hearst-Argyle Television logo from 1997-2007.

Notes:
¹ WNAC-TV was owned by Argyle, but operated from 1996 to 2001 by Clear Channel Communications under a local marketing agreement (LMA) with WPRI-TV, which Clear Channel owned at the time.

Also, from 1998 to 2000, Hearst-Argyle controlled WFFF-TV, a dual Fox-CW affiliate for the Burlington-Plattsburgh market, in an arrangement acquired when Argyle obtained WPTZ.

In addition to the above, Hearst-Argyle never owned WZZM or WGRZ. Those two stations were divested by one of the company's predecessors, Argyle Television Holdings II, several months prior to the merger with Hearst Broadcasting. The "years owned" information reflects the years of ownership by Argyle Television Holdings II. And WDTN was the only formerly owned television station that was owned directly by Hearst prior to the merger.

[edit] Radio stations

(a partial listing)

[edit] References

[edit] External links

• Hearst Television Corporate Website