It’s the parent company of MeTV and several other digital multicast networks that also owns the CW affiliate serving the nation’s third-largest market, as well as the CBS affiliate serving Milwaukee.
Now, Weigel Broadcasting is expanding into the National Capital Region by acquiring a low-power TV facility based in the county seat of Shenandoah County, Va., nearly 100 miles from the White House.
The property Weigel, the Chicago-based family owned broadcaster owned by Norm Shapiro, is acquiring is WAZT-CD in Woodstock, Va.
It uses digital channel 20 and has a PSIP of channel 48, and at last check was a Jewelry Television affiliate. And, while the city of license is Woodstock, alongside I-81 just within the vast Washington, D.C.-Hagerstown, Md., DMA, the station’s tower is in Leesburg.
That makes WAZT’s coverage in Northern Virginia and Montgomery County, Md., possible — and likely why Weigel sees value in the property.
The seller is WMTM LLC, and that’s an acronym used for an entity led by Paul Koplin, the low-power TV figure at the helm of Venture Technologies Group.
Koplin has agreed to a $3 million sale price for WAZT, with a $150,000 escrow deposit already made to Weigel.
There is no broker or finder involved in this transaction.
Signing off on the deal for Weigel is VP Evan Feldman.
The transaction coincides with the purchase of two Los Angeles-market LPTV properties by Venture Technologies Group to Weigel, in a separately filed transaction.
