Fisher Communications, Inc

Total Page:16

File Type:pdf, Size:1020Kb

Fisher Communications, Inc UNITEDSTATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C 20549-3010 DIVISION OF CORPORATION FINANCE December 19 2007 Andrew Bor Perkins Coie 1201 Third Avenue Suite 4800 Seattle WA 98101-3099 Re Fisher Communications Inc Incoming letter dated November 29 2007 Dear Mr Bor This is in response to your letters dated November 29 2007 and December 11 2007 concerning the shareholder proposal submitted to Fisher Communications by GAMCO Asset Management Inc We also have received letter from the proponent dated December 2007 Our response is attached to the enclosed photocopy of your correspondence By doing this we avoid having to recite or summarize the facts set forth in the correspondence Copies of all of the correspondence also will be provided to the proponent In connection with this matter your attention is directed to the enclosure which sets forth brief discussion of the Divisions informal procedures regarding shareholder proposals Sincerely Jonathan Ingram Deputy Chief Counsel Enclosures cc Peter Goldstein Director of Regulatory Affairs GAMCO Asset Management Inc One Corporate Center Rye NY 10580-1435-1422 December 19 2007 Response of the Office of Chief Counsel Division of Corporation Finance Re Fisher Communications Inc Incoming letter dated November 29 2007 The proposal relates to acquisitions for view that Fisher Communications There appears to be some basis your may Fisher Communications received it exclude the proposal under rule 14a-8e2 because after the deadline for submitting proposals We note in particular your representations able and that an individual at Fisher Communications principal executive offices was 2007 and that authorizedto receive accept and sign for packages on November 23 will recommend delivery was not attempted on that date Accordingly we not enforcement action to the Commission if Fisher Communications omits the proposal in reliance rule from its proxy materials on 14a-8e2 Sincerely John Fieldsend Attorney-Advisor Perkins 1\ECELEIJ Goie Uffl DEC PM 33 Andrew l3or 1201 Third Avenue Suite 4800 PHONE 206 359 8577 CCLN3 SeattleWA 98101-3099 iOn FIr4MTu FAX 206 359-9577 PHONE 206.359.8000 EMAIL [email protected] FAX 206.359.9000 November 29 2007 VIA OVERNIGHT COURIER U.S Securities and Exchange Commission Division of Corporation Finance Office of Chief Counsel 100 Street N.E Washington D.C 20549 Re Shareholder Proposal Submitted by GAMCO Asset Management Inc for Inclusion in the Fisher Communications Inc 2008 Proxy Statement Dear Sir or Madam We are counsel to Fisher Communications Inc Washington corporation the Company and On November 26 2007 the Company received shareholder proposal supporting statement together the Proposal from GAMCO Asset Management Inc the distributed to the Proponent for inclusion in the proxy statement to be Companys shareholders in connection with its 2008 Annual Meeting of Shareholders the 2008 Proxy Statement The purpose of this letter is to notify the Securities and Exchange Commission the Commission of the Companys intent to exclude the Proposal from the 2008 Proxy Statement The Proposal is being excluded from the 2008 Proxy Statement because it was not submitted within the time period specified by the Company in accordance with Commission Rule Rule 4a-8e under the Securities Exchange Act of 1934 as amended Rule 4a8e2 states that shareholder proposal must be received at the companys principal executive offices not less than 120 calendar days before the date of the companys with the annual proxy statement released to shareholders in connection previous years meeting for such submission to be deemed timely filed for Rule 14a-8 purposes Emphasis added Consistent with the requirements of Rule 14a-8e2 the November 24 2007 deadline referenced in the Companys proxy statement for its 2007 Annual Meeting of Shareholders the 2007 Proxy Statement is 120 calendar days before the date of the in connection with the Companys proxy statement released to shareholders previous years annual meeting The November 24 2007 deadline remains effective because the Company intends to hold the 2008 Annual Meeting of Shareholders not more than 30 days from the date of the previous years meeting 09648-0004/LEGAL13761461 .2 ANCHORAGE BEIJING BELLEVUE BOISE- CHICAGO -DENVER LOS ANGELES MENLO PARK OLYMPIA PHOENIX PORTLAND SAN FRANCISCO SEATTLE WASHINGTON DC Perkins Coie Lu and Affiliates Securities and Exchange Commission November 29 2007 Page The Proposal and the accompanying letter from Mr Peter Goldstein the Proponents received Director of Regulatory Affairs Mr Goldstein dated November 21 2007 were 2007 deadline by the Company on November 26 2007 two days after the November 24 Statement The calculated pursuant to Rule 14a-8e and disclosed in the 2007 Proxy number the Proponent sent the Proposal via DHL DHL tracking 65484251140 Entering that the item not delivered tracking number on the DHL website confirms conclusively was attached to this until November 26 2007 at 931 a.m copy of the delivery confirmation is letter as Exhibit of shareholder The Commission staff has strictly construed the deadline for receipt proposals omit from materials under Rule 4a-8e and has consistently permitted companies to proxy deadline without as to the reason for failure to those proposals received after the inquiring meet the deadline even in cases where the proposals were only one or two days late See Business Machines e.g Smithfield Foods Inc June 2007 International Corp Dec 2006 JPMorgan Chase Co Feb 2005 American Express Co Dec 21 2004 Hewlett-Packard Co Jan 24 2003 The burden is on the shareholder to ensure that the proposal is received by the company by the required deadline that the does not meet the For the reasons outlined above the Company believes Proposal be omitted from the 2008 timeliness requirements of Rule 14a-8e2 and may Proxy that it will Statement The Company respectfully requests that the Commission staff confirm if the is excluded from the 2008 not recommend any enforcement action Proposal Proxy Statement In accordance with Rule 14a-8j the Company hereby files six copies of this letter and the intends to file Proposal which is attached to this letter as Exhibit The Company presently to Rule its definitive proxy materials on or about March 21 2008 Accordingly pursuant calendar before the will l4a-8.j this letter is being submitted not less than 80 days Company with the Rule that file its definitive 2008 Proxy Statement Commission 14a-8f requires within 14 of company notify proposing shareholder of any deficiencies in the proposal days be receipt However this requirement does not apply to deficiency that cannot remedied determined such as when the proponent fails to submit proposal by the companys properly deadline via Also in accordance with Rule 14a-8j the Company is simultaneously forwarding notice to the overnight courier copy of this letter and its attachments to Mr Goldstein as from the 2008 Proponent of the Companys intention to exclude the Proposal Proxy Statement the enclosed of Please acknowledge receipt of this letter and its enclosures by stamping copy in the enclosed In the event that the Commission this letter and returning it to me envelope of the would the staff disagrees with the Companys course action Company appreciate 09648-0004/LEGAL 13761461.2 Securities and Exchange Commission November 29 2007 Page to this letter Please do not opportunity to confer with the staff before it issues response hesitate to call me at 206 359-8577 Very truly yours An rew Bor Enclosures cc Peter Goldstein GAMCO Asset Management Inc Inc Mae Fujita Numata Fisher Communications 09648-0004/LEGAL13761461 .2 EXHIBIT 09648-0004/LEGAL 3761461.2 of DHL Print Delivery Signature detail Page Print this Delivery Signature Detail page Signature details for 65484251140 RcEIVEB IN GOOD ORSER EXCEPT ASNOlED Summarydetails Current Status Shipment Delivered Delivered on 11/26/07 931 am Delivered to Receptionist Signed for by HUGHES Receiver Information Please retry later to obtain receiver infomation 12522 PM Tracking detail provided by DHL 11/28/2007 DHL other You are authorized to use DHL tracking systems solely to track shipments tendered by or for you to Any use of DHL tracking systems and information is strictly prohibited 11/28/2007 http//sigpod.dhl-usa.comlprintbysig.asp EXHIBIT 09648-0004/LEGAL 1376 1461.2 lJtk One Corporate Center kk i1i_ /o Rye NY 10580-1435-1422 TeL 914 921-7732 pgaIdstongabellicom CFLOW GAMCO Asset Management Inc November 21 2007 Via Overnight Delivery Mae Fujita Numata Senior Financial Vice President Chief Officer and Corporate Secretary Fisher Communications Inc 100 4th Avenue North Suite 510 Seattle WA 98109 Re Shareholder Proposal Dear Ms Numata am enclosing on behalf of GAMCO Asset Management Inc GAMCO shareholder proposal and supporting statement Under Rule 14a-8 of the Securities Exchange Act of 1934 am requesting that Fisher Communications Inc Fisher include the proposal in its proxy statement for the 2008 annual meeting GAMCO is proposing that shareholders be asked to vote on resolution that the By-Laws of Fisher be amended to provide that any decision by Fisher to engage in transaction either through acquisition of assets stock or otherwise by which Fisher would acquire an operating business and for which the consideration paid by Fisher would exceed $25 million requires majority vote of the shareholders and that the amended by-law thereafter may only be amended or repealed by majority vote of Fishers shareholders Currently GAMCO beneficially owns approximately 1029449
Recommended publications
  • Cross-Platform Measurement Helps Local Stations Add Value to Broadcast and Digital
    Case Study Cross-Platform Measurement Helps Local Stations Add Value to Broadcast and Digital Ecosystem The local game is changing. Daily deal sites like Groupon and LivingSocial.com in the U.S. have altered the way businesses reach out to consumers. For years, traditional local media – TV, radio and newspapers – has struggled with how to use their websites to complement their offerings and provide more to local businesses. Local TV stations, for example, have typically put video of reports or entire newscasts on their sites. As gateways to local news and events, websites for TV stations typically attract large numbers of visitors, yet it has been difficult to determine the effects and value of those visitors. The challenge has been leveraging “digital touchpoints,” quantifying their benefits and creating new models to attract more from local and national businesses who advertise and encourage those who otherwise might not advertise online at all. As new technology, such as location-based couponing, measurement capabilities, and integrated TV and Internet audience measurement, brings precision to local advertising, marketers are gaining the ability to better package local ad inventory to reach customers and amplify local TV audience value, combining TV and Online. In turn, the precision enables greater efficiency, meaning the opportunity to attract advertisers to spend more, locally. In other words, there’s a fortune to be made in your own backyard. Background Working with this valuable information, Fisher Communications Inc., an innovative local media company with TV, radio, Internet and mobile operations, found themselves positioned to provide their advertiser clients one-stop TV and digital local exposure.
    [Show full text]
  • Download the SCEC Final Report (Pdf Format)
    Seattle Commission on Electronic Communication Steve Clifford Michele Lucien Commission Chair Fisher Communications/KOMO-TV Former CEO, KING Broadcasting Betty Jane Narver Rich Lappenbusch University of Washington Commission Vice Chair Microsoft Amy Philipson UWTV David Brewster Town Hall Vivian Phillips Family Business Margaret Gordon University of Washington Josh Schroeter Founder, Blockbuy.com Bill Kaczaraba NorthWest Cable News Ken Vincent KUOW Radio Norm Langill One Reel Jean Walkinshaw KCTS-TV Commission Staff City Staff Anne Fennessy Rona Zevin Cocker Fennessy City of Seattle Kevin Evanto JoanE O’Brien Cocker Fennessy City of Seattle Table of Contents Final Report Letter from the Commission Chair ......................................................................... 2 Executive Summary .................................................................................................. 3 Diagram of TV/Democracy Portal.......................................................................... 4 Commission Charge & Process ............................................................................... 6 Current Environment................................................................................................. 8 Recommended Goal, Mission Statement & Service Statement...................... 13 Commission Recommendations ............................................................................ 14 Budget & Financing ................................................................................................ 24 Recommended
    [Show full text]
  • Seattle a Digital Community Still in Transition Jessica Durkin, Tom Glaisyer, and Kara Hadge, Media Policy Initiative June 2010, Release 2.0
    New America Foundation An Information Community Case Study: Seattle A digital community still in transition Jessica Durkin, Tom Glaisyer, and Kara Hadge, Media Policy Initiative June 2010, Release 2.0 Seattle, Washington, could be considered a city singularly suited to develop a healthy democracy in the digital age. The city government, citizens and business have created a productive environment for the next generation of information-sharing and community engagement. Years of economic growth and relative prosperity have fostered new, superior practices in news and information. Yet, losing a major print newspaper, as Seattle did when The Seattle Post-Intelligencer closed, adversely affects a community, by leaving it with one less place to provide public service journalism, stories about people and general community updates. In parallel, Seattle has been at the center of an explosion of alternative news outlets, especially online, which has created a critical mass of information portals for geographic and social communities. As the Knight Report, Informing Communities: Sustaining Democracy in a Digital Age, highlights, it is important to understand that there are three important elements to be considered as we analyze media and democracy in the 21st century: • availability of relevant and credible information to all Americans and their communities; • capacity of individuals to engage with information; and • individual engagement with information and the public life of the community. However, despite the relative vibrancy of the media scene, and even with all its demographic and other advantages, it is unclear how much of this innovation is sustainable. The local web is littered with websites that are no longer updated, and few of the startups boast anything like the journalistic firepower or profitability of the papers of the past.
    [Show full text]
  • Whut M-Eas Final 092012
    NEWS RELEASE FOR IMMEDIATE RELEASE WHUT-TV Becomes First TV Station in Nation’s Capital to Support New Mobile Emergency Alert System Mobile DTV Broadcasting to Deliver Rich Media Alerts: Video, Audio, Photos, Maps WASHINGTON, Sept. 20, 2012 – WHUT-TV today became the first television station in the Nation’s Capital to commit to launching the new Mobile Emergency Alert System (M-EAS), a life-saving application of mobile digital TV that delivers rich media emergency alerts to mobile and handheld devices. Announced at a Capitol Hill event celebrating the commercial launch of mobile TV, WHUT’s role is significant because its signal reaches more than 2 million area viewers, providing a lifeline to citizens and first-responders alike during times of natural and man- made disasters. Howard University Television’s participation in the implementation phase of M-EAS also is noteworthy because of WHUT’s status as the only Public Broadcasting Service (PBS) member station licensed to and operated by a predominantly African- American institution. The new M-EAS is designed to leverage mobile digital TV broadcasting to deliver reliable, rich media alerts anywhere, anytime. Prototype LG mobile phones demonstrated on Capitol Hill today offer not only audio and visual indications of emergency alerts, but also include a vibrating mode to notify all users (including those who might be visually impaired) about an emergency Jefferi K. Lee, 30-year industry veteran and general manager of WHUT-TV, called M-EAS a “prime example of our strategic mission to serve
    [Show full text]
  • Broadcasters in the Internet Age
    G.research, LLC November 27, 2018 One Corporate Center Rye, NY 10580-1422 g.research Tel (914) 921-5150 www.gabellisecurities.com Broadcasters in the Internet Age Brett Harriss G.research, LLC 2018 (914) 921-8335 -Please Refer To Important Disclosures On The Last Page Of This Report- G.research, LLC November 27, 2018 One Corporate Center Rye, NY 10580-1422 g.research Tel (914) 921-5150 www.gabellisecurities.com OVERVIEW The television industry is experiencing a tectonic shift of viewership from linear to on-demand viewing. Vertically integrated behemoths like Netflix and Amazon continue to grow with no end in sight. Despite this, we believe there is a place in the media ecosystem for traditional terrestrial broadcast companies. SUMMARY AND OPINION We view the broadcasters as attractive investments. We believe there is the potential for consolidation. On April 20, 2017, the FCC reinstated the Ultra High Frequency (UHF) discount giving broadcasters with UHF stations the ability to add stations without running afoul of the National Ownership Cap. More importantly, the current 39% ownership cap is under review at the FCC. Given the ubiquitous presence of the internet which foster an excess of video options and media voices, we believe the current ownership cap could be viewed as antiquated. Should the FCC substantially change the ownership cap, we would expect consolidation to accelerate. Broadcast consolidation would have the opportunity to deliver substantial synergies to the industry. We would expect both cost reductions and revenue growth, primarily in the form of increased retransmission revenue, to benefit the broadcast stations and networks.
    [Show full text]
  • What Is Private Equity? Privateequityatwork.Com
    1 Corporate FM - website: www.fmfilm.com/ Articles and Links What is Private Equity? privateequityatwork.com http://youtu.be/5IPG7GYPzUo http://www.youtube.com/watch?v=5IPG7GYPzUo What is Private Equity? by Kevin McKinney on December 12, 2012 What is Private Equity? How do they make their money? The way a firm makes profit can say much about how it behaves. For instance, Private Equity makes money off of fees taken from investors and from maintenance fees from the companies that they own. They can make substantial commissions if they can sell the companies they own for a profit. This means that short-term profits that make the company appear attractive to a buyer are more important than costly long-term business infrastructure improvements that might not pay off for 10 years. This lack of long-term motivation has hurt Clearchannel because they stopped investing in their employees in favor of short-term profits by cutting as much staff as possible. Private Equity also makes money by shifting debt onto others. This is called an LBO or “Leveraged Buyout”. No Skin in the game. The complaint about the LBO deal is that Private Equity firms are not responsible for debt payments. Those come out of the company checkbooks of the very companies that they are buying. Even though Private Equity bought Clearchannel, they dodged the responsibility of paying off the debt by placing that squarely on Clearchannel itself. This is unexpectedly simple and legal. Clearchannel has to pay their debt to the bank and fees to the firm that gave it that debt.
    [Show full text]
  • The Economics of Retransmission Consent
    E MPIRIS L L C THE ECONOMICS OF RETRANSMISSION CONSENT † JEFFREY A. EISENACH , PH.D. March 2009 † Chairman and Managing Partner, Empiris LLC and Adjunct Professor, George Mason University Law School. I am grateful to several commenters for helpful suggestions. Any remaining errors are my own. Support for this paper was provided by the National Association of Broadcasters. THE ECONOMICS OF RETRANSMISSION CONSENT EXECUTIVE SUMMARY Congress created retransmission consent in 1992 to ensure that broadcasters would be able to negotiate in a free marketplace for fair compensation for their programming. Examining retransmission consent from an economic perspective, this study demonstrates that retransmission consent achieves Congress’ intended purpose of establishing a market based mechanism to ensure that broadcasters receive an economically efficient level of compensation for the value of their signals. This compensation ultimately benefits consumers by enriching the quantity, diversity, and quality of available programming, including local broadcast signals. In particular, the evidence demonstrates that: • The market for television programming is highly competitive. The sellers’ side of the video programming market (broadcasters) is relatively unconcentrated and is becoming less concentrated while the buyers’ side (the multichannel video program distributors market) is experiencing consolidation at both the national and local levels. In 2006, the four MVPDs with the largest shares served 63 percent of all MVPD subscribers, up from 50 percent in 2002. National networks depend on just four purchasers to reach nearly 70 percent of all MVPD subscribers nationwide. Thus, broadcasters do not have monopoly power, and are not in a position to extract excessive retransmission consent fees from cable operators or other program distributors.
    [Show full text]
  • 1 the Impact of the FCC's TV Duopoly Rule Relaxation on Minority And
    The Impact of the FCC’s TV Duopoly Rule Relaxation on Minority and Women Owned Broadcast Stations 1999-2006 By: Prof. Allen S. Hammond, IV, Santa Clara University School of Law, Founding Director, BroadBand Institute of California (BBIC) With: Prof. Barbara O’Connor, California State University, Sacramento And Prof. Tracy Westin, University of Colorado Consultants: Prof. Alexander Field, Santa Clara University And Assoc. Prof. Catherine Sandoval, Santa Clara University School of Law, Co-Director, BBIC 1 The Impact of the FCC’s TV Duopoly Rule Relaxation on Minority and Women Owned Broadcast Stations 1999-20061 Executive Summary This study was commissioned to ascertain the impact of the Television Duopoly Rule (TVDR) on minority and female ownership of television broadcast stations. Currently, the only FCC rule deemed to be favorable to minority and female broadcast ownership is the Failed Station Solicitation Rule (FSSR) of the TVDR. The TVDR originally prohibited the ownership of more than one television broadcast station in a market. In 1996, due to industry efforts to protect market gains realized through the use of local management agreements (LMAs)2, the TVDR was amended to allow the ownership of two stations in certain markets provided only one of the two was a VHF station and the overlapping signals of the two owned stations originated from separate albeit contiguous markets. In addition, the acquired station was required to be economically “failing” or “failed” or unbuilt. In an effort to afford market access to potential minority and female owners, the FCC required the owners of the station to be acquired to provide public notice of its availability for acquisition.
    [Show full text]
  • DISH Network® and Fisher Communications, Inc. Reach Multi-Year Carriage Agreement
    DISH Network® and Fisher Communications, Inc. Reach Multi-Year Carriage Agreement Fisher Stations Return to DISH Network ENGLEWOOD, Colo., and SEATTLE, Wash. – June 11, 2009 – DISH Network Corporation (NASDAQ: DISH) and Fisher Communications, Inc. (NASDAQ: FSCI) today announced that they have reached a multi-year agreement that provides for the distribution of Fisher stations in seven markets on DISH Network. As part of the agreement, ongoing litigation between the two companies was ended. “We are pleased we were able to reach an agreement with Fisher to return these channels to our subscribers,”said Charlie Ergen, Chairman, President and CEO of DISH Network. “We thank our customers for their patience during this negotiation process.” “We recognize the important role that we play in the community through our news and programming and we are pleased to renew our partnership with DISH Network, which will allow us to continue serving our local viewers and customers,”said Colleen B. Brown, Fisher’s President and Chief Executive Officer. “We truly appreciate the patience of our loyal viewers and business partners and regret any inconvenience they may have encountered as we worked to put this new agreement in place.” The Fisher stations that returned to DISH Network are: KOMO and KUNS in Seattle, Wash.; KATU and KUNP in Portland, Ore.; KIMA in Yakima, Wash.; KVAL in Eugene, Ore.; KBCI in Boise, Idaho; KIDK in Idaho Falls, Idaho; and KBAK and KBFX in Bakersfield, Calif. DISH Network restored the service to their customers at 10:25 p.m. PST on June 10. About DISH Network Corporation DISH Network Corporation (Nasdaq: DISH), the nation’s HD leader, provides approximately 13.584 million satellite TV customers as of March 31, 2009 with the highest quality programming and technology at the best value, including the lowest all-digital price nationwide.
    [Show full text]
  • News Release
    News Release Contact: Rob Weisbord, Chief Operating Officer of Sinclair Digital (410) 568-1500 SINCLAIR ANNOUNCES CORPORATE PROMOTIONS Baltimore (August 31, 2015) – Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced the corporate promotions of Kevin Cotlove, Ryan Moore and Ben Miller. The announcement was made by Rob Weisbord, Chief Operating Officer of Sinclair Digital. Mr. Cotlove was promoted to Vice President of Digital Operations and Content from Senior Director of Content and Publishing. In his previous position, Mr. Cotlove was responsible for the hiring and oversight of Sinclair’s product development team, creating Sinclair’s publishing policies, and intricately involved in the new content management system build out. In his new position, Mr. Cotlove will be involved in building out a mobile development team and a national content brand roll-out, continuing the improvement of our content management system, website designs and publishing capabilities, and oversee the digital content strategy on all screens for Sinclair, as well as help evaluate potential digital investments. Mr. Moore was promoted to Vice President of Digital Sales from Senior Director of Digital Sales. In his previous position, Mr. Moore was responsible for the oversight of the digital sales strategy in conjunction with the Chief Operating Officer, building out our national sales strategy, as well as working with our third-party vendors. In his new position, Mr. Moore will be responsible for local, national and political digital revenues, overseeing of the digital advertising operations team, working with third-party vendors on sales strategy, training of Regional and Digital Sales Managers, and communicating new revenue concepts to all station management.
    [Show full text]
  • Fisher Companies
    SECURITIES AND EXCHANGE COMMISSION FORM 10-12G/A Initial general form for registration of a class of securities pursuant to Section 12(g) [amend] Filing Date: 1997-06-18 SEC Accession No. 0000898430-97-002595 (HTML Version on secdatabase.com) FILER FISHER COMPANIES INC Mailing Address Business Address 1525 ONE UNION SQU 1525 ONE UNION SQU CIK:1034669| IRS No.: 910222175 | State of Incorp.:WA | Fiscal Year End: 1231 600 UNIVERSITY ST 600 UNIVERSITY ST Type: 10-12G/A | Act: 34 | File No.: 000-22439 | Film No.: 97625819 SEATTLE WA 98101-3185 SEATTLE WA 98101-3185 SIC: 2040 Grain mill products 2066242752 Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document As Filed With the Securities and Exchange Commission on June 18, 1997 Registration No. ================================================================================ SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________ PRE-EFFECTIVE AMENDMENT NO. 2 to FORM 10 GENERAL FORM FOR REGISTRATION OF SECURITIES Pursuant to Section 12(b) or 12(g) of the Securities Exchange Act of 1934 __________ FISHER COMPANIES INC. (Exact name of registrant as specified in its charter) Washington 91-0222175 (State or other jurisdiction (I.R.S. employer identification number) of incorporation or organization) 1525 One Union Square 98101-3185 600 University Street (Zip code) Seattle, Washington (Address of principal executive offices) (206) 624-2752 (Registrant's telephone number, including area code) Securities to be registered pursuant to Section 12(b) of the Act: None Securities to be registered pursuant to Section 12(g) of the Act: Common Stock, $2.50 par value ================================================================================ FISHER COMPANIES INC.
    [Show full text]
  • Supplemental Appendix for “How Does Local TV News Change Viewers’ Attitudes? the Case of Sinclair Broadcasting” This Version: January 2021
    Supplemental Appendix for “How Does Local TV News Change Viewers’ Attitudes? The Case of Sinclair Broadcasting” This Version: January 2021 Measuring Ownership of Local TV Stations Because I am primarily concerned with the effect on local television news, I restrict my analysis to those Sinclair owned stations that air a local newscast. As of mid-2019 (when the data was collected), Sinclair owned 191 TV stations, 59 of which broadcast no news programs, and instead show Stadium (a sports network), Comet (a science fiction network), MeTV (a classic TV sitcom network), or another type of content without local news programming.1 Given this, I exclude these channels without a news cast from my analyses below. But what, exactly, does ownership mean? Local TV station ownership is somewhat complicated, as there are many stations that Sinclair does outright own, but where they do create the news that airs on that station. For example, in the Johnstown-Altoona-State College (Pennsylvania) media market, Sinclair owns WJAC (the local NBC affiliate), but Sinclair- produced TV news also airs on WATM-TV (the local ABC affiliate) and WWCP (the local Fox Affiliate). The stories are not merely similar, but are typically identical and are produced by the exact same Sinclair team, consistent with Martin and McCrain’s (2019) findings. Such an arrangement is known as a news-sharing agreement or a local marketing agreement (Farhi, Gillum, and Alcantra 2018). I count such situations as "ownership" for this analysis, since I are interested in the effects of Sinclair-produced news on viewers, and happily, such agreements are publicly available.
    [Show full text]