Thursday, June 26, 2008

Equity's RTN Sold to Luken Communications; Me-Too in Chicago Airing Classic Movies Now, Too, More TV Shows Added

Equity Media Holdings Corporation announced it has closed an asset sales transaction with Luken Communications, LLC, a group led by Equity Media's largest shareholder Henry Luken III (the "Investors"). The Investors purchased Equity Media's Retro Television Network (RTN) subsidiary for $18.50 million. Equity Media has the option to repurchase RTN at any time during the next six months. Concurrently with the closing of the RTN sale, the Investors purchased for $1.50 million warrants to purchase up to 8,050,000 shares of Equity Media for $1.10 per share. Equity Media also has entered into asset purchase agreements with the Investors for the sale by Equity Media of certain television stations. Equity Media has received a $5 million prepayment on the stations sale from the Investors. The stations sale will be consummated, and Equity Media will receive the remaining payment of $12.5 million, upon receipt of FCC and certain other approvals. Following consummation of the station sales, Equity Media will continue to own and operate 100 stations in 35 markets representing 24.8% of U.S. television households based on Equity Media's current stations roster.
View the full press release for more details. So what does this mean? It is hard to tell. I have asked RTN to see what is up, so I'll let you all know what they say. I think it won't affect current RTN affiliates. It doesn't mean the network is on its way out or that it won't add more stations since it was sold to another group, but I don't know if this is good or bad. We'll have to see in the coming weeks.

Beginning Monday June 30 at 7:00pm, Me-Too (WMEU-TV) in Chicago rolls out the red carpet for "Me-Too Movie Classics," a showcase for a wide variety of Hollywood's greatest movies, stars and directors. From the classic to kitsch to cult, "Me-Too's Movie Classics" brings back classic films to free, over the air television with minimal content editing and only five minutes of internal commercial break time.
Theme weeks include a look at significant movies of the 1970s featuring Easy Rider, Bob, Carol, Ted & Alice and Butterflies Are Free. A week of screwball/classic comedies includes The Twentieth Century, Born Yesterday and the original Brewster's Millions. A week of Joan Crawford classics include the truly classic as well as campy Crawford performances from the 1950s and 1960s.
Adding classic movies to the schedule of Me-Too serves to further distinguish Me-Too as the snappy sibling of Me-TV, Chicago's beloved home of Classic TV, and provide a unique and uncluttered environment for advertisers seeking an engaged, loyal and receptive audience.
The movies will air weeknights at 7:00pm and Saturdays at 1:00pm with many other stars like Jack Lemmon, Jack Nicholson, Jackie Gleason, Jane Fonda, Carl Reiner, Peter Falk, Dick Van Dyke, Burt Reynolds and John Ritter. The movies for the summer are available in a list form on our message boards. You may also discuss the movie list and stars there, which also has a lot of classic TV stars in feature films.

Adding movies is not the only thing happening on June 30. Me-Too will change their classic TV line-up a bit too. Me-Too launched back in March with this launch schedule, that has continued until today, but now some changes are coming. Gilligan's Island, Ozzie and Harriet, Rawhide, are among the new series coming to Me-Too. View the new Me-Too schedule.


Sitcoms Airing Tonight / Sitcom Stars on Talk Shows

Monday, April 22

The Neighborhood - "Welcome to the Baby Shower" (CBS, 8:00PM ET/PT)
Courtney and Marty deal with some baby shower drama with Tina, while Lamar adjusts to a new job at the Fuse Box.

Bob Hearts Abishola - "These Giants Are Flexible" (CBS, 8:30PM ET/PT)
When Bob and Abishola go to New York City with Dele for his Juilliard audition, Abishola reconnects with her brother Ade.

Complete TV Listings


Sitcom Stars on Talk Shows (Week of April 22)

Monday, April 22

  • Wilmer Valderrama (That '70s Show) - Watch Wilmer on a repeat of The Late Show with Stephen Colbert at 11:35pm on CBS.
  • Rory Scovel (Physical/Ground Floor) - Rory appears on a repeat of Late Night with Seth Meyers at 12:36am on NBC.
  • Gillian Jacobs (Love/Community) and Pete Holmes (How We Roll/Crashing) - Gillian and Pete are guests on After Midnight at 12:37am on CBS.
  • Jennifer Tilly (Out of Practice) - Jennifer appears on Watch What Happens Live with Andy Cohen at 3:30am on Bravo.
  • Zendaya (K.C. Undercover/Shake It Up), John Travolta (Welcome Back, Kotter) and Jodie Foster (Paper Moon/Bob & Carol & Ted & Alice/The Courtship of Eddie's Father) - E! News has interviews with Zendaya, John and Jodie at 11pm on E!.
  • Jerrod Carmichael (The Carmichael Show) - Jerrod will be on The Talk on CBS at 2pm ET/1pm CT-PT.


New on DVD/Blu-ray

Father Knows Best - The Complete Series Three's Company - The Official 40th Anniversary Collection Gomer Pyle, U.S.M.C. - The Complete Series (Blu-ray) Too Close for Comfort - The Complete Series Check It Out! - The Complete Series

12/05 - Father Knows Best - The Complete Series
12/05 - The Odd Couple - The Complete Series (Blu-ray)
12/12 - The Dick Van Dyke Show - The Complete Series
12/12 - Looney Tunes Collector's Choice - Volume 2 (Blu-ray)
12/12 - That Girl - The Complete Series
12/15 - Letterkenny - Season 11
12/19 - The Adventures of Ozzie and Harriet - The Official Restored Complete Series
12/22 - Three's Company - The Official 40th Anniversary Collection (includes The Ropers and Three's a Crowd)
01/09 - South Park - Seasons 11-15 (Blu-ray)
01/16 - Ghosts (UK) - Season Five
02/13 - Gomer Pyle, U.S.M.C. - The Complete Series (Blu-ray)
02/27 - The Really Loud House - Season One
03/12 - Ghosts (UK) - The Complete Series
03/12 - Looney Tunes Collector's Choice - Volume 3 (Blu-ray)
03/12 - Rick and Morty - Season 7 (Blu-ray Steelbook) (Blu-ray) (DVD)
04/03 - Too Close for Comfort - The Complete Series (VEI)
04/08 - Check It Out! - The Complete Series (VEI)

The Odd Couple - The Complete Series (Blu-ray) That Girl - The Complete Series The Adventures of Ozzie and Harriet - The Official Restored Complete Series

More Recent and Upcoming TV DVD Releases / DVD Reviews Archive / SitcomsOnline Digest


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