A Deal Craters In Southwest Alabama
In January 2007, WNKU Radio Inc. filed a Form 314 application with the FCC to acquire a Class A FM station serving a rural corner of southwestern Alabama. The Commission gave its nod on March 3, but more than a decade later it has been found unable to pay a sizable amount due to the seller. As a result, it is relinquishing the facility, and it's the top deal in RBR+TVBR's TRANSACTIONS TODAY.
Fisher shareholders weigh in on Sinclair merger
To merge or not to merge, that was the question, and by an overwhelming margin, shareholders of Fisher Communications stock approved the proposal to...
Sinclair spins to Cunningham, HSH
$12M WWCP-TV Johnstown PA from Peak Media of Pennsylvania Licensee LLC (Elliott B. Evers) to Johnstown (WWCP-TV) Licensee Inc., a subsidiary of Cunningham Broadcasting...
Word Up: Houston LPTV Exits From Ion
In 1990, a low-power TV station designed to improve the signal coverage of a full-power station located to the north of Houston made its debut. Over the years, it has faithfully served as a simulcast partner for what is today Ion Media-owned KPXB-49 in the nation's eighth-largest DMA. Now, with the FCC's spectrum auction concluded and repacking underway, as well as the voluntary rollout of ATSC 3.0 next-gen digital TV broadcasts, Ion has decided it no longer needs the LPTV.
Ted Turner's Atlanta TV, Braves rights said to be in play
If the rights to locally television the Major League Baseball games of the Atlanta Braves are said to be in play, that can only...
DTV America continues to snap up CPs
Low power CPs is what John Kyle’s company is after.
Transactions: 8-16-10
$250K KKYK-CA Little Rock AR from Hallmark National Mortgage Corporation (Eugene L. Maris) to Pinnacle Media LLC (Gregory Fess, Byron Southern, Michael Fess). $25K...
Scripps to Reel in Journal April 1st
The boards of both E.W. Scripps Company and Journal Communications have approved the duo’s wedding, the FCC is aboard, and closing is pegged for...
Daystar grabs a big chunk of Equity
Marcus Lamb’s Word of God Fellowship, which operates the Daystar Television Network, definitely had its cart full at the end of the recent bankruptcy...
Transactions: 9-22-11
250K KRUN-LD Olympia WA from Fiori Media Inc. (John Fiori) to Centro Familiar Cristiano (Arturo Gonzales). $10K escrow, $40K cash at closing, $200K note....
Another LPTV CP sold
There has been no shortage of deals lately involving construction permits for low power television stations.
Cabellero picks up low power TV collection from Viacom
$3M KGBS-CA Austin TX; KGMM-CA San Antonio TX; KMMA-CD San Luis Obispo CA; KMMC-LD San Francisco CA; KMMD-CD Salinas CA; KMMW-LD Stockton CA; KMUM-CA...
London closes on Dallas TV station
The station was KTAQ-TV when Terry London’s London Broadcasting Company filed to buy it, but the calls are KTXD now, and it wants to...
Transactions: 09-10-07
5.8M WMDN-TV Meridian MS (Ch. 24/26 DT, CBS) from WMDN Inc. (Mary Jane Spain, co-executor of Estate of Frank K. Spain) to Meridian Media...
WLPH-CD sale to LocusPoint closes
Marksteiner AG (USA) License Holdco, LLC (Gunter Marksteiner, President) has closed on the sale