Quad squad
Here’s how the depression in station transactions plays in the non-profit world. The sale of WQPT-TV Moline IL, in the state-straddling Quad Cities DMA,...
First full-power Equity deal arrives at FCC
A lot of full- and low-power sticks moved during the auction of Equity Media Holdings Corporation stations, and WMQF-TV Marquette MI wins the race...
Transactions: 5-4-09
$7M WOAC-TV Cleveland-Akron OH (Canton OH) from MTB Cleveland Licensee LLC (Lee W. Shubert, Trustee for Multicultural Television Broadcasting LLC) to Radiant Life Ministries...
Close encounter in Temple
Terry London’s second attempt to break into the Waco-Temple-Bryan DMA is officially successful. Broker Brian Cobb of CobbCorp says the acquisition of the local...
Transactions: 4-30-09
$25M KBMT-TV Beaumont-Port Arthur TX (Beaumont TX, ABC) from Channel 12 Telecasting Inc. (Michael D. McKinnon) to KBMT License Company LLC, a subsidiary of...
Flint noncom going out of business
The University of Michigan has not been able to operate its WFUM-TV in the black since 2005, and since it’s also having financial difficulties with its core educational mission in a down economy, it has decided to
Knoxville DTV sold
WMAK-DT is headed to Marcus Lamb’s Word of God Fellowship, taking the Channel 7 digital operation into the non-commercial side of the business. According...
Transactions: 4-27-09
$3M WRJM-TV Montgomery AL (Troy AL, MNT) from Josie Park Broadcasting Inc. (Whit Armstrong) to Southern Venture Capital Group LLC (David Harrison, Kelly Baxter,...
Close encounter in Boise
Journal Broadcast Group officially welcomed a CW affiliate into its cluster of stations in Boise ID, which includes another network affiliated television station and...
Price revealed in Canton
We knew that Radiant Life Ministries was planning to acquire WOAC-TV Canton OH, part of the Cleveland-Akron DMA. Now we know how much it...
Daystar adds Knoxville
Noncommercial religious outfit Daystar Television Network is picking up WNAK-DT in Knoxville TN. According to brokerage firm Kalil & Co., the station is valued...
Transactions: 4-22-09
$50K WAZE-TV Evansville IN (Madisonville KY, CW) from Roberts Broadcasting Company of Evansville LLC (Steven C. Roberts) to BGT Communications LLLC (Bobby Tate) Cash....
Equity stations still on the block
$21M worth of inventory from liquidating Equity Media Holdings Corporation have been spoken for, but there is still a good bit of inventory on...
Takers found for 60 Equity stations
A total of 60 television stations, both full and low power, went to successful bidders in an auction held to peddle stations in the...
Most Equity Media stations sold at auction
Thursday was the bidding deadline for the full- and low-power stations being sold off in the bankruptcy auction of Equity Media assets. Most had...