Down East TV headed for new owner
WPXT-DT brings The CW into the Portland-Auburn ME DMA, as well as Me-TV on a digital side channel. Once part of the ill-fated Pegasus group, it was bought in a group deal by New Age Media, and is now moving again to a new owner.
The buyer is Tyche Broadcasting Inc., headed by Frank Copsidea. The seller is headed by John Parente.
The price is a modest $75K, all of which will change hands by closing time.
The station is licensed to broadcast on digital channel 43, but prefers a virtual home on channel 51 for MVPD slotting.
The station came to New Age along with many others in a bankruptcy transaction memorialized in an 8/7/06 contract,
It is said to have been in a JSA with MPS Media’s WPME-DT of Portland, which carries MNT programming. The WPXT contract notes that WPME is also going to be on the move, but nothing has as yet been filed with the FCC.