TV Deals

Until now, Jorge Figueroa and his TV Red de Puerto Rico has held the licenses to two low-power television stations — one serving Ponce and the southern portion of the island and another located near Mayaguez, serving the western areas of Puerto Rico. Paperwork filed with the Commission shows that TV Red de Puerto is selling the stations.

Lawrence Rogow is widely known in broadcast circles for his role as Chairman of Venture Technologies Group, the spectrum investor that also sees Paul Koplin in a lead leadership role. Among the properties it has owned is a low-power TV station serving the Windy City. Soon, it will be owned by a broadcast ministry.

Eugene Loving’s Max Media may be giving its Montana television station group a fond farewell kiss, but it

A full-power TV station and its low-power simulcast partner, properties once owned by Equity Media, have traded hands. The new owner is already in control of the pair, which are airing Christian-themed programming in the Rocky Mountain region's biggest DMA. Closing has transpired, with Kalil & Co. representing the seller in this transaction.

OTA Broadcasting was a big winner in Auction 1000, the FCC's incentive auction that relinquished broadcast TV spectrum to wireless companies. It pocketed hundreds of millions of dollars, including $72,817,599 for saying farewell to a Class A TV station serving the New York Tri-State Area. Now, the channel-sharing agreement for the disappearing over-the-air station is bringing this "zombie" to one of the nation's best-known PBS member stations.

There is one company that stands out from the pack with respect to TV station acquisitions. Since the end of the FCC's spectrum auction, the Philip Falcone-led HC2 Holdings has been rapidly snapping up television properties — the majority of them low power properties. In the latest deal to involve HC2, a Class A facility in Tennessee that is presently silent is being snapped up.

PBS viewers in the Texas cities of Waco, Temple and Killeen will be losing their local member station at the stroke of midnight. It has nothing to do with a retransmission fee dispute with a MVPD. Instead, it is all about a transaction set to be filed with the FCC that will transfer the noncom TV station to Gray Television.

As RBR+TVBR readers may recall, “TV-49 Inc.” is an entity tied to Norman Shapiro’s Weigel Broadcasting Co. In 2019, it snagged The CW Network affiliation for a Chicago property while also adding a Denver station. Now, Weigel's TV-49 is set to become the licensee of a Hartford LPTV property.

With 99 watts of power from atop the famed Sutro Tower, this FM translator emits enough of a signal to cover all of the city of San Francisco, lower Marin County and East Bay communities including Richmond and Berkeley, Calif. Now, its use as an outlet targeting Asians has been solidified thanks to a newly consummated transaction.

In early July, a special group of low-power television station permits were put up for sale by a Texas-based company that didn’t wish to build them by their rather unique deadline of 2023. Several buyers stepped forward. Now, the seller has found a buyer for two Construction Permits in the Monterey Bay region of California.

A small broadcaster with TV stations in its home market of Salisbury-Ocean City, Md.; adjacent city Dover, Del.; Bowling Green, Ky.; Glenwood Springs, Colo.; and two Georgia markets has closed on its acquisition of a construction permit for a low-power television station in one of those markets — a move that bolsters its presence there.

They reside in Corona del Mar, Calif., and own a growing group of broadcast television and radio stations in markets such as Zanesville, Ohio, thanks to an April 2022 transaction. Now, Brian and Patricia Lane are adding a property in Lima, Ohio to the Marquee Broadcasting stable.

American Christian Television Services in mid-July reached an agreement to sell its low-power digital TV station licensed to the city of Defiance, Ohio. Now, closing is imminent, as the FCC has given its blessing to the transaction.

DOJ clears the way for the Gray acquisition of Schurz stations to proceed.

Some 3 1/2 months after the Bob Behar-led Hero Licenseco backed out of a multi million-dollar deal trading its post-Spectrum Auction Channel-sharing Agreement to a fast-growing media company based in Los Angeles, it appears that the deal is back on. According to a Form 314 filing with the FCC, this "zombie station" will indeed soon become a video service sibling to such iconic radio brands as "Power 106" and KDAY.