User blog:Cbcarter34/BREAKING NEWS: Lady Luck spins off Communications wing, Adelphia purchases stations

Just a couple of minutes ago, it was announced that Lady Luck Enterprises has separated Lady Luck Communications from Lady Luck Productions, and in the process, have sold all Lady Luck stations to Adelphia Communications. "Today, I feel that Adelphia made us an offer we couldn't refuse. We received two offers today: One from LIN Media, and one from Adelphia. We felt that after a lot of thinking, we felt that it was best that we go along with Adelphia. As part of the deal, we will use that money that Adelphia used to pay for the stations, to continue Lady Luck Productions, where we plan to make a lot of Made-for-TV movies for Omni, Import, The WB, and DuMont," CEO Dean Valentine said during his press conference. When asked about why they made the deal, Adelphia CEO Chuck Gable said in one simple word: Competition. "We want to compete with the BeloOnes and Krueger Broadcastings in the world. BeloOne is one of, if not the largest, broadcasting company in the world with over 196 stations, while Krueger Broadcasting owns about 54% of the stations in the country. We just want to send a message letting them know that Adelphia isn't going to sit back and do nothing. We will go out and give both companies a run for their money," Gable said. The details are still be worked out, but it does look like some of the stations that Adelphia is getting from Lady Luck will be given to their brethern, Young Broadcasting, something that Young CEO Vicki Lawson said that she's happy about. "Chuck said that once the company spun off, Adelphia will do all it can to support Young. I think thanks to the addition of those stations, and some of these stations we're getting, I'm looking forward to seeing Young run the competition to the ground," Lawson said.