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Listen "WAVE buys WDRB in a similar sitch to rich kids burning down The Bingham family in 1980s Louisville"
Episode Synopsis
Twin brothers in Toledo, Ohio were born into a rich media family that owns Block Communications. Family members have been fighting for power and riches from the company their parents started. So now Gray Television, which owns WAVE3 in Louisville, is buying Block Communications, which owns WDRB and WBKI. That means Louisville will see a merger of assets from all three stations and the inevitable RIF (reduction in force).Good luck to all involved. Terry Meiners discusses the similarities between the Toledo family fighting with the 1980s squabbles among Louisville's Bingham family who owned The Courier-Journal, Louisville Times, WHAS11, and WHAS & WAMZ Radio.The Bingham nepo babies fought over money and power until the patriarch sold all of the Louisville media properties for over $450 million in 1986.
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