Take a close look at the most recent filing for a television station in the FCC’s LMS awaiting regulatory approval and you may notice something slightly peculiar: the individual heading the group selling a LPTV property in Fort Smith, Ark., is the same individual leading the entity that’s agreed to buy the station.
What’s happening is simple: Larry Morton has struck a deal to transfer, for a price, this LPTV property from a non-profit group to a commercial operation.
