ACME Media

**ACME Media, LLC** is an American mass media and entertainment conglomerate corporation and a division owned by the Dorado Media Group that is headquartered at the Park Avenue West Tower complex in Portland, Oregon, United States.

ACME Media is primarily involved in the media and entertainment industry. The company is named for its most significant division, the ACME Broadcasting Company (its joint venture with the Warner Bros. Entertainment subsidiary, maintaining a 30% interest). Owning and operating over 71 television stations in most major American markets (through its television stations group), it also has a substantial presence in broadcasting through a portfolio specializing in digital multicasting. The company deals primarily in the television broadcast, news, and sports broadcasting industries while overseeing television content and assets.

It was formed in August 2022 after the spin-off of WarnerMedia by AT&T and its merger with Discovery, Inc. on April 8, 2022, eliminating several executive positions carried over from WarnerMedia, cutting new programming development in much of Europe, live-action children's programming development,  and direct-to-streaming films—leading to the notable August 3 cancellations of the nearly-completed films Batgirl and Scoob! Holiday Haunt as tax write-offs, the quiet removals of multiple HBO Max original films from the platform, and its upcoming releases, HBO subsequently facing a reorganization on August 15 to dismantle most of HBO Max's autonomous units, layoffs within HBO Max's non-scripted, live-action family entertainment, international originals, and casting units, as well as HBO's acquisitions unit, and HBO Max continuing to remove and cancel some of its lesser-viewed original programming, particularly family-oriented and animated series.

## History

### Formation

On August 22, 2022, the Dorado Media Group announced a restructuring of its ACME Networks division, with current CEO Joey Villalobos being named president of the newly-formed ACME Media, a new publicly traded company. The Dorado Media Group reorganized its television division to align various operations, immediately rebranding all of its three studios, with Golden Television becoming ACME Signatory Studios, establishing a new unit to oversee the development of non-scripted programming known as ACME Alternative Television, addition, the former Golden Television Distribution – the syndication arm of Golden Television – was folded into the Dorado Media Syndicate unit.

As the new company would be led by ACME Network’s current CEO, Joey Villalobos, he stated that the company would aim to expand its media services. Still, he added, "[the network] continues to explore what options are available to diversify our platform" and that the network "will be an open platform to all." It was revealed that due to disagreements over the leadership decisions of Warner Bros. Discovery, suspending scripted development at TBS and TNT, HBO Max continued to remove and cancel some of its lesser-viewed original programming, particularly family-oriented and animated series, and most notably, the August 3 cancellations of the nearly-completed films Batgirl and Scoob! Holiday Haunt as tax write-offs, Villalobos signaled plans to separate the network from the principal Dorado Media Group unit to effectively dissolve ACME Networks.

On August 25, 2022, the Dorado Media Group restructured several of its units in a major corporate revamp that resulted in UDC, FGO, and Voom Sports Regional Networks being brought back under the same umbrella under the consolidation of Dorado Entertainment to form the Dorado Studios & Networks Group unit, with former WarnerMedia president of TBS, TNT, and truTV, Kevin Reilly being named the president of the division and chief creative officer of Dorado Entertainment.

### Beginning of operations (2022–present)

ACME Media began operating separately on September 5, 2022. The company communicated plans to explore opportunities for outside networks (including New Line Network and The WB, respectively) by commissioning and producing more programs, following WBD’s proposed $3 billion cost savings strategy.

Though Warner Bros. Discovery will continue to see its shares of the ACME network diminish, the company will still produce content for the network. However, the Dorado Media Group pointed out that the arrangement would be "generally" for the 2022–23 broadcast season. Dorado specifies it will have the option to extend the partnership with WBD beyond that season. However, that is not assured, and it is expected that Dorado will increase the amount of scripted programming development coming from ACME Signatory Studios for other content beyond what the partner company may offer.

To that end, ACME Media indicated a long-range aim to have its leading studios "prioritize programming for outside network’s adjusting to [relentless] changes, not just maintaining the vertical integration of the significant [ACME] network with its associated studios,” viewing it as a limited opportunity.

ACME Media signed a multi-network agreement with the TVX Broadcast Group and its affiliated TV station companies that would bring all ACME-owned networks to stations owned and/or operated by TVX, serving as its charter station group.

## Assets

* ACME Studios & Networks
	+ ACME Broadcasting Company
		- ACME After Dark
		- Animation Destination
	+ Quibi TV
		- Late Night Q
			* ACME Signatory Studios
			* ACME Alternative Television
			* ACME Television Animation
			* Fullscreen Television
			* ElevenEleven Productions
* ACME News Media Group
	+ New England Now
	+ Northwest Now
* ACME Sports Media Group
	+ ACME Sports
	+ ACME Sports Regional Networks
		- ACME Sports Bay Area
		- ACME Sports Northwest
* ACME Television Stations Group
	+ KTSP-TV 48 | Phoenix, AZ
	+ KTFU 3 | Tucson (Sierra Vista), AZ
	+ KYCO 54 | Yuma, AZ–El Centro, CA
	+ KAOG 11 | Little Rock, AR
	+ KBDR-CD 31 | Bakersfield, CA
	+ KPXF 61 | Fresno-Visalia, CA
	+ KSCF 12 / KKLA-TV 60 | Los Angeles, CA
	+ KBXH-TV 16 | Sacramento–Stockton–Modesto, CA
	+ KHJK-TV 42 | San Diego, CA
	+ KOAK 3 | San Francisco–Oakland–San Jose, CA
	+ KOLQ 38 | Santa Barbara–Santa Maria–San Luis Obispo, CA
	+ KWQL-TV 27 | Colorado Springs–Pueblo, CO
	+ KACD-TV 25 | Denver, CO
	+ WBCT 18 | Hartford & New Haven, CT
	+ WNFW 45 | Gainesville, FL
	+ WPCX-TV 24 | Jacksonville, FL
	+ WMIM 69 | Miami–Ft. Lauderdale, FL
	+ WORF 61 | Orlando, FL
	+ WTPF 14 | Tampa-St. Petersburg, FL
	+ WVGA-CD 48 | West Palm Beach–Ft. Pierce, FL
	+ WAGO-TV 6 | Atlanta, GA
	+ KOIW-TV 16 / KHWI-TV 6 | Honolulu, HI
	+ KYBI-LD 46 | Boise, ID
	+ WQCO-TV 50 | Chicago, IL
	+ WKGK 50 | Indianapolis, IN
	+ KEFB 34 | Des Moines–Ames, IA
	+ WULP 22 | New Orleans, LA
	+ WVNU 54 | Baltimore, MD
	+ WHUB-TV 27 | Boston, MA
	+ WTHX-LD 43 | Springfield–Holyoke, MA
	+ WJMY-TV 14 | Detroit, MI
	+ WSXP-CD 15 | Grand Rapids–Kalamazoo–Battle Creek, MI
	+ WUAC 23 | Minneapolis–St. Paul, MN
	+ KCKM 32 | Kansas City, MO
	+ KSLC 11 | St. Louis, MO
	+ KVMY 24 | Las Vegas, NV
	+ KACQ 50 | Albuquerque–Santa Fe, NM
	+ WBKL 56 | Buffalo, NY
	+ WNYX 6 / WWPQ-TV 10 | New York, NY
	+ WKZY 46 / WLYT-TV 55 | Charlotte, NC
	+ WYMV 40 | Greensboro–High Point–Winston-Salem, NC
	+ WRDU 11 | Raleigh–Durham (Fayetteville), NC
	+ WCRK-TV 12 | Cincinnati, OH
	+ WBXN-TV 43 | Cleveland, OH
	+ WTCO 28 | Columbus, OH
	+ KOKM 43 | Oklahoma City, OK
	+ KXBL 19 | Tulsa, OK
	+ KCNO-TV 13 | Bend, OR
	+ KRWQ 48 | Medford–Klamath Falls, OR
	+ KUXP-TV 30 | Portland, OR
	+ WHPA-TV 49 | Harrisburg–Lancaster–Lebanon–York, PA
	+ WGBS-TV 57 | Philadelphia, PA
	+ WPAC 22 | Pittsburgh, PA
	+ WTMU 8 | Providence, RI–New Bedford, MA
	+ WASV-TV 62 | Greenville–Spartanburg–Anderson, SC–Asheville, NC
	+ WKXT 61 | Knoxville, TN
	+ WBXP-TV 44 Memphis, TN
	+ WKKT-TV 51 | Nashville. TN
	+ KAMA-TV 44 | Amarillo, TX
	+ KXAT 68 | Austin, TX
	+ KDFT-TV 21 | Dallas–Fort Worth, TX
	+ KKWB 48 | El Paso, TX–Las Cruces, NM
	+ KRBT-TV 40 | Harlingen–Weslaco–Brownsville–McAllen, TX
	+ KHSH 67 | Houston, TX
	+ KSAH 44 | San Antonio, TX
	+ KMUT 58 | Salt Lake City, UT
	+ WNYV-DT2 22 | Burlington, VT–Plattsburgh, NY
	+ KCIU-TV 26 | Seattle–Tacoma, WA
	+ KZZU 32 | Spokane, WA
	+ WMKE 18 | Milwaukee, WI