The Spectrum By-Back (reverse) Auction has caused a lot of television station change in ownership.  The most interesting one to watch so far is the three-way between Meredith - Media General - and - Nexstar.  Media General owns Buffalo's WIVB-4 and WNLO-23.  Any takeover involving these three companies will not affect the ownership of these two stations directly, but could help the syndication of Media General's  (and Fox Television Station Group) Hollywood Today Live show (60 minutes).
[Link: wsj.com]