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Channel 12 owner buys Channel 3 owner

Gannett, which operates the Arizona Republic and Channel 12, said it reached a deal to buy TV station owner Belo, which operates Channel 3, for about $1.5 billion in cash, significantly boosting its presence in broadcasting.

Under the agreement announced Thursday, Gannett will pay $13.75 per share for the TV station operator, which is based in Dallas. That represents a 28 percent premium over Belo’s closing price on Wednesday.

Gannett, the largest U.S. newspaper publisher by circulation, also will assume $715 million in debt. Gannett owns USA Today and other newspapers as well as television stations.

Shares of both companies soared to their highest prices since 2008. In afternoon trading, Belo Corp.’s shares jumped $2.91, or 27 percent, to $13.64, after peaking at $13.69 shortly after the market opened. Gannett Co.’s stock rose $5.61, or 28 percent, to $25.46 after peaking at $25.69.

Gannett President and CEO Gracia Martore called the acquisition an “important step” in Gannett’s diversification and said it will significantly improve the company’s cash flow and financial strength.

Best of the Best Awards 2011, AZ Business Magazine Mar/Apr 2011

Best of the Best Awards 2011: Advertising, Marketing & Media

Winner: KPNX-TV, Channel 12

KPNX, AZ Business Magazine Mar/Apr 2011 12 News is Arizona’s leading source for local news on television, online with top-viewed website azcentral.com, and on-the-go with text and video available on mobile devices. With the combined resources of NBC News, The Arizona Republic and USA Today, 12 News is consistently the first choice for information whenever a major story breaks. 12 News is one of the top-performing NBC affiliates in the country, with ratings that frequently exceed the network’s national average. With a long history as the leader in innovation, 12 News was the first to deliver a local newscast in high-definition. Whenever and wherever consumers want quality news and information, 12 News is positioned to meet their needs.

Year Est: 1953
Weekly Audience: 1.1M
Principal(s): John Misner

12 News Logo,  AZ Business Magazine Mar/Apr 2011 200 E. Van Buren Ave.
Phoenix, AZ 85004
602-257-1212
www.azcentral.com



Finalist: News Talk 92.3 KTAR

KTAR, AZ Business Magazine Mar/Apr 2011 What started as one radio station 88 years ago has now evolved into one of the state’s leading media companies, delivering content to not only radios, but also cell phones and Internet browsers. KTAR’s news team is one of the largest in the state and is the winner of the coveted Edward R. Murrow Award for journalistic excellence. In the world of sports, KTAR is the play-by-play home of the state’s most popular teams. And, when it comes to on-air personalities, KTAR is the place to interact with the biggest names in news and sports talk. Also, its commitment to the community has generated more than $3 million in listener donations to Phoenix Children’s Hospital and the Southwest Autism Research and Resource Center.
Year Est: 1922
AZ STAFF: 100
Principal(s): Scott Sutherland
KTAR News Logo, AZ Business Magazine Mar/Apr 2011 7740 N. 16th St., #200
Phoenix, AZ 85020
602-274-6200
www.ktar.com



Finalist: The Lavidge Company

Lavidge Company, AZ Business Magazine Mar/Apr 2011 Lavidge Interactive’s roster of clients includes Massage Envy, LifeLock and Phoenix International Raceway, just to name a few. This specialized division is made up of creative strategists, marketers, software engineers and developers. Together, they work to create websites, online marketing campaigns, mobile apps, digital assets, social media strategies and more — transforming businesses that merely exist on the Web to Digital Magnets that profit on it. Also known as Internet Marketing Agency, Lavidge Interactive is a division of The Lavidge Company, an independently owned full-service advertising, interactive and public relations agency serving local, regional and national clients since 1982.
Year Est: 2006
AZ STAFF: 18
Principal(s): Bill Lavidge
Lavidge Company Logo, AZ Business Magazine Mar/Apr 2011 2777 E. Camelback Rd., #300
Phoenix, AZ 85016
480-998-2600
www.lavidge.com


Arizona Business Magazine Mar/Apr 2011

2010 Best of the Best Awards

2010 BOB Awards: Advertising, Marketing & Media

The following companies won the Gold, Silver and Bronze rankings in the Advertising, Marketing & Media category of the 2010 Best of the Best Awards.

2010 Best Of The Best Awards: Advertising, Marketing & Media


2010 Best of the Best AwardsKPNX-TV, Channel 12
Television Stations

 

2010 Best of the Best AwardsYear Est.: 1953
Weekly Audience: 1.1M
Principal(s): John Misner
azcentral.com

Channel 12 is Arizona’s leading source for local news on television, online with top-viewed website azcentral.com, and on-the-go with text and video available on cell phones. With the combined resources of NBC News, The Arizona Republic and USA Today, 12 News is consistently the first choice for information whenever a major story breaks. Channel 12 is one of the top-performing NBC affiliates in the country, with ratings that frequently exceed the network’s national average. Channel 12 also was the first to deliver a local newscast in high-definition.


2010 Best of the Best AwardsNews Talk 92.3 KTAR
Radio Stations

2010 Best of the Best AwardsYear Est.: 1922
AZ Staff: 100
Principal(s): Scott Sutherland
ktar.com

2010 Best of the Best AwardsThe Lavidge Company
Graphic Design Firms

2010 Best of the Best AwardsYear Est.: 1982
AZ Staff: 9
Principal(s): Bill Lavidge
lavidge.com

2010 Best of the Best Hall of Fame
KPNX TV, Channel 12 - Best of the Best Awards 2009 presented by Ranking Arizona

Best of the Best Awards 2009: Advertising, Marketing & Media

Advertising, Marketing & Media Honoree: Television Stations

KPNX-TV, Channel 12

KPNX TV, Channel 12 - Best of the Best Awards 2009 presented by Ranking ArizonaChannel 12 is Arizona’s leading source for local news on television, online with top-viewed Web site azcentral.com, and on-the-go with text and video available on cell phones. With the combined resources of NBC News, The Arizona Republic and USA Today, 12 News is consistently the first choice for information whenever a major story breaks. Channel 12 is one of the top-performing NBC affiliates in the country, with ratings that frequently exceed the network’s national average.

With a long history as the leader in innovation, Channel 12 was the first to deliver a local newscast in high-definition. The power of the 12 News brand comes from combining the market’s most professional and trusted news team with an approach to reporting that’s clear and to the point. Channel 12 also serves the community with its consumer protection program, “Call 12 for Action,” its education initiative, “School Solutions,” and its awardwinning breast-health awareness campaign, “Buddy Check 12.” Whenever and wherever consumers want quality news and information, 12 News is uniquely positioned to meet their needs.

1101 N. Central Ave., Phoenix
602-257-1212
www.azcentral.com

Year Est: 1953
Weekly Audience: 1.1M
Principal(s): John Misner


Advertising, Marketing & Media Finalist: Radio Stations

News Talk 92.3 KTAR

KTAR is Arizona’s news, talk and sports leader. In its 87th year, KTAR has the unique distinction of being the state’s first broadcast company and now has a wider reach than any radio station, television station or newspaper in Arizona. More than half a million people each week tune into KTAR for breaking news alerts, talk shows, traffic reports, weather bulletins or game broadcasts. Its award-winning news and 14 hours of local talk shows are heard each day on 92.3 FM. Sports talk shows and game broadcasts are on 620 AM. The company’s Web site, KTAR.com, was voted the state’s No. 1 breaking news Web site.

5300 N. Central Ave., Phoenix
602-274-6200
www.ktar.com


Advertising, Marketing & Media Finalist: Commercial Printers

Prisma Graphic Corp.

To compete as a traditional commercial printer in today’s economic climate and evolving market takes vision. For Prisma Graphic, that vision has been to provide unmatched customer service, consider every client a partner and offer economical marketing solutions beyond ink on paper. The staff views every project as an opportunity to further the success of their clients’ image, initiatives and marketing efforts. From their 82,000-square-foot facility in Phoenix, they provide heatset web, sheetfed, variable data printing, full bindery, fulfillment services and complete direct mailing.

2937 E. Broadway Road, Phoenix
602-243-5777
www.prismagraphic.com


Best of the Best Awards 2009 presented by Ranking Arizona