….it looks more like Scripps walked off with all the pretty-pretty precious stones while the spun-off Journal Sentinel and its attending outlets will be a lot more modest than today. After all, Journal Communications is signing over to Scripps its profitable flotilla of 14 TV and 35 radio stations, including WTMJ-TV, WTMJ-AM (home of right-wing Wisconsin talk radio) and WKTI-FM.
In return, the restructured Journal parent firm will keep the Journal Sentinel, the web services that are part of that news operation and a handful of in-state farm publications and suburban newspapers. The new Journal group will gain control over all remaining Scripps newspapers, the biggest of which is the Memphis Commercial Appeal….