Lincoln Financial Media
Lincoln Financial Media was a subsidiary of Lincoln National Corporation that owns radio stations in the United States. The division was formed in 2006 following the company's acquisition of Jefferson-Pilot's television and radio operations, which were renamed Lincoln Financial Media.
|Fate||Assets acquired by Raycom Media and Entercom|
|Defunct||July 17, 2015|
|Owner||Lincoln National Corporation|
The group, at the time of its closure, owned 14 radio stations in Miami, Florida, San Diego, California, Denver, Colorado, and Atlanta, Georgia. It also owned WBT, WBT-FM, and WLNK (FM) in Charlotte, NC and WBTV, the CBS affiliate in Charlotte; WCSC-TV, the CBS affiliate in Charleston, South Carolina and WWBT, the NBC affiliate in Richmond, Virginia.
The media company began in 1945 as Jefferson Standard Broadcasting Company, Inc., which became Jefferson-Pilot Communications in 1968. The company was a media-centered division of the Jefferson Standard Insurance Company of Greensboro, North Carolina, which later merged with Pilot Life Insurance Company to form Jefferson-Pilot. Jefferson-Pilot owned WBT-AM-FM and WBTV, all of which are based in Charlotte, North Carolina. In 1962, the company conceived Jefferson Productions (later Jefferson Pilot Teleproductions, later Jefferson Pilot Sports), a production arm that produced television programs and commercials, but later chose to produce syndicated sports programming only by the 1980s. It was originally intended to produce promos and local television shows for WBTV, but had since grown to producing nationally syndicated talk shows and variety shows; and mainly commercials for major companies that aired nationwide. For further information, see the section "Lincoln Financial Sports" at the end of this article.
In April 2006, the Jefferson-Pilot Corporation merged with the Lincoln National Corporation; taking the media and sports broadcasting division with it, Jefferson-Pilot Communications became Lincoln Financial Media.
In June 2007, the company publicly announced it would explore a sale of this division, and hired Merrill Lynch to assess its strategic options. On November 12, 2007, Raycom Media announced that it would acquire Lincoln Financial Media's three television stations, along with the Lincoln Financial Sports division (which was folded into Raycom Sports) for $583 million. The acquisition was completed in April 2008.
On December 8, 2014, Entercom announced its intent to acquire the remainder of Lincoln Financial Media for $110 million and working capital. To comply with ownership limits, Entercom was to divest one of its existing stations in Denver. Later, Entercom announced it would swap four of its stations in Denver to Bonneville International in exchange for KSWD in Los Angeles. The merger was completed on July 17 and Bonneville and Entercom began operating their new clusters under time-brokerage agreements that same day.
This list also contains stations that were owned by Lincoln Financial Media's predecessor Jefferson-Pilot Communications, prior to its merger in 2006.
- (**) – Indicates that it was built and signed on by Lincoln Financial Media's predecessor Jefferson-Pilot.
|City of license/Market||Station||Channel
|Years owned||Current ownership status|
|Charlotte, North Carolina||WBTV **||3 (23)||1949–2008||CBS affiliate owned by Gray Television|
|Charleston, South Carolina||WCSC-TV||5 (19)||1994–2008||CBS affiliate owned by Gray Television|
|Florence, South Carolina||WBTW||13 (13)||1954–1968||CBS affiliate owned by Nexstar Media Group|
|Richmond, Virginia||WWBT||12 (12)||1968–2008||NBC affiliate owned by Gray Television|
|AM Station||FM Station|
|Market||Station||Current ownership status|
|San Diego||KNSN 1240||Owned by Crawford Broadcasting|
|KBZT 94.9||Owned by Entercom|
|KIFM 98.1||KXSN, owned by Entercom|
|KSON 97.3||KWFN, owned by Entercom|
|KSOQ-FM 92.1||KYDQ, owned by Educational Media Foundation|
|Denver||KRWZ 950||KKSE, owned by Kroenke Sports & Entertainment|
|KEPN 1600||Owned by Bonneville International|
|KKFN 104.3||Owned by Bonneville International|
|KYGO-FM 98.5||Owned by Bonneville International|
|KQKS 107.5||Owned by Entercom|
|Miami||WAXY 790||Owned by Entercom|
|WAXY-FM 104.3||WSFS, owned by Entercom|
|WLYF 101.5||Owned by Entercom|
|WMXJ 102.7||Owned by Entercom|
|Atlanta||WQXI 790||Owned by Entercom|
|WSTR 94.1||Owned by Entercom|
|Charlotte||WBT 1110||Owned by Entercom|
|WBT-FM 99.3||Owned by Entercom|
|WLNK 107.9||Owned by Entercom|
|Greensboro||WBIG 1470||WWBG, owned by TBLC Holdings|
|WBIG-FM 102.1||WJMH, owned by Entercom|
Lincoln Financial SportsEdit
Lincoln Financial Sports, originally Jefferson-Pilot Teleproductions (later Jefferson Pilot Sports), produced and syndicated college sports events of the Southeastern Conference, and co-produced Atlantic Coast Conference sporting events with Raycom Sports. It also produced telecasts of pre-season games of the Carolina Panthers of the National Football League, and in the 1980s, syndicated coverage of the NASCAR Winston Cup races at Charlotte Motor Speedway.
- BT Memories-Jefferson Productions
- "Raycom Grabs Lincoln Financial Stations". Broadcasting Cable. Retrieved 20 December 2014.
- "Raycom Media Completes Lincoln Financial Stations Acquisition". Broadcasting & Cable. Retrieved 20 December 2014.
- "Entercom swallows Lincoln Financial Media". Denver Post. Retrieved 20 December 2014.
- "Lincoln Financial Group Announces Sale of Television, Sports, and Charlotte Radio Properties". Lincoln Financial Group. 2007-11-12. Archived from the original on 2007-12-15. Retrieved 2007-11-12.
Jefferson Pilot Sports
| Syndication Rightsholder to Southeastern Conference football and men's basketball
Jefferson Pilot Sports
| Syndication Rightsholder to Atlantic Coast Conference football
Raycom/Jefferson Pilot Sports
| Syndication Rights Holder to the Atlantic Coast Conference men's basketball
(co-produced with Raycom Sports)