Anatomy of a broadcast fire sale

By on Sep, 12 2014 with Comments 0

SBG / Sinclair Broadcast GroupSinclair Television is required to turn in the license for a Charleston SC TV station in a matter of weeks as a condition of its Allbritton acquisition. It has a buyer for the station, if it can get the deal approved before it meets its untimely demise.

Here’s the deal: Sinclair proposes to sell a very limited set of assets associated with WCIV-TV Channel 34 to Armstrong Williams’ Howard Stirk Holdings. Williams would get key FCC licenses, certain equipment items, a tower lease, and the public file and such.

Click here to Login & view the full article & read our famous RBR+TVBR observation (Not a member? Join Today!)

About The Author: RBR+TVBR has been reporting on the business of broadcasting for nearly three decades. Beholden to no one, it is independently owned.

Comments are closed.