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K31ND-D
KNVN (channel 24) is a dual television station licensed to Chico, California, United States, serving the Chico– Redding market as an affiliate of NBC and Telemundo. It is owned by Maxair Media, which maintains a shared services agreement (SSA) with Allen Media Broadcasting, owner of CBS affiliate KHSL-TV (channel 12, also licensed to Chico), for the provision of certain services. Both stations share studios at the McClung Broadcast Center at the intersection of Eaton Road and Silverbell Road on the northwest side of Chico, while KNVN's transmitter is located northeast of Red Bluff. History Channel 24 first hit the airwaves on September 24, 1985 as KCPM, making the northern Sacramento Valley one of the last regions of the country with full network service. The station was owned by the broadcasting unit of television production company Telepictures (later renamed Lorimar-Telepictures) It also brought a full NBC affiliate to the area for the first time since KRCR-TV (channel 7) sw ...
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KNVN
KNVN (channel 24) is a dual television station licensed to Chico, California, United States, serving the Chico– Redding market as an affiliate of NBC and Telemundo. It is owned by Maxair Media, which maintains a shared services agreement (SSA) with Allen Media Broadcasting, owner of CBS affiliate KHSL-TV (channel 12, also licensed to Chico), for the provision of certain services. Both stations share studios at the McClung Broadcast Center at the intersection of Eaton Road and Silverbell Road on the northwest side of Chico, while KNVN's transmitter is located northeast of Red Bluff. History Channel 24 first hit the airwaves on September 24, 1985 as KCPM, making the northern Sacramento Valley one of the last regions of the country with full network service. The station was owned by the broadcasting unit of television production company Telepictures (later renamed Lorimar-Telepictures) It also brought a full NBC affiliate to the area for the first time since KRCR-TV (channel 7) s ...
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KHSL-TV
KHSL-TV (channel 12) is a television station licensed to Chico, California, United States, serving the Chico– Redding market as an affiliate of CBS and The CW Plus. It is owned by Allen Media Broadcasting, which provides certain services to dual NBC/Telemundo affiliate KNVN (channel 24, also licensed to Chico) under a shared services agreement (SSA) with Maxair Media. Both stations share studios at the McClung Broadcast Center on the corner of Eaton and Silverbell Road on the northwest side of Chico, while KHSL's transmitter is located along Cohasset Road in rural Butte County northwest of Paradise, California. History KHSL-TV came on air in 1953 and was established by the McClung family's Golden Empire Broadcasting Company along with KHSL-AM 1290. The call letters are in honor of Harry Smithson and Sidney Lewis, who founded KHSL-AM in 1935. They sold the station to Hugh and Ruth "Mickey" McClung a year later. During the same year, a control panel fire broke out at the K ...
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Entertainment Studios
Entertainment Studios, Inc., also known as Allen Media Group, is an American media and entertainment company based in Los Angeles. Owned and founded in 1993 by businessman Byron Allen, the company was initially involved in the production and distribution of first-run television series for U.S. television syndication. Under the Entertainment Studios Networks division, it also operates a group of digital cable and satellite channels, which broadcast a mix of original programs and the company's syndicated content. In the late 2010s, the company made several major expansions to its operations, including: entering the film distribution market; acquiring The Weather Channel from NBCUniversal and Bain Capital; partnering with Sinclair Broadcast Group to operate the regional sports network chain Bally Sports via Diamond Sports Group; and its acquisition of television stations from another minority-owned media group, Bayou City Broadcasting. History Entertainment Studios was founded ...
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Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ...
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Nexstar Media Group
Nexstar Media Group, Inc. is an American publicly traded media company with headquarter offices in Irving, Texas; Midtown Manhattan; and Chicago, Illinois. The company is the largest television station owner in the United States, owning 197 television stations across the U.S., most of which are affiliates with the four "major" U.S. television networks, and MyNetworkTV. It also operates all of the stations owned by affiliated companies, such as Mission Broadcasting and Vaughan Media, under local marketing agreements, and operates major TV network The CW through a 75% majority stake, two terrestrial television networks airing classic shows, Antenna TV and Rewind TV, and has full or partial ownership stakes in three pay television networks (cable news and entertainment network NewsNation and food and cooking networks Food Network and Cooking Channel, the latter two through a 31% stake in Television Food Network G.P.). History 1996–2010: Formation The Nexstar Media Group was ...
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Chico News & Review
The ''News & Review'' is a group of free alternative weekly newspapers published by Chico Community Publishing, Inc. of Chico, California. The company publishes the ''Chico News & Review'' in Chico, California, the ''Sacramento News & Review'' in Sacramento, California, and, through Jan. 30, 2022, the ''Reno News & Review'' in Reno, Nevada. On January 31, 2022, the Reno News & Review was sold to Coachella Valley Independent LLC. The chain started out as an on-campus newspaper for California State University, Chico called ''The Wildcat'', but after a dispute with the administration, the newspaper moved off campus to become an independent publication. Print publication of the newspapers was temporarily suspended after publisher Jeff vonKaenel told employees on March 16, 2020, that the COVID-19 pandemic led to a drastic downturn in advertising revenue that had already been in decline. Although a digital presence was maintained on the three newspapers' websites, much of the staff was ...
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