I Square Media Leaves Broadcasting With Ark. TV Sale

By on Jan, 12 2016 with Comments 0

SoldWilliam Pollack’s LR Telecasting of Memphis, Tenn., is expanding his television holdings, entering the Little Rock, Ark. market, with his acquisition of KMYA-DT, Camden/Little Rock, and KMYA-LP, Sheridan/Little Rock.

LR Telecasting is paying $2,750,000 to seller I square Media, LLC.

Pollack also owns KLAX-TV and KWCE-LPTV in Alexandria, La., and KIEM-TV, in Eureka, Calif., as well as a cluster of radio stations in Kennett and Caruthersville, Mo. Seller I Square Media has no other broadcast interests.

Media Services Group’s Bill Cate was the exclusive broker in this transaction, which is subject to FCC approval.

 

About The Author: Leslie Stimson has been a reporter for 35+ years, starting in radio news. She’s spent the last 20 years reporting for radio trades.

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