Transactions: 11-10-08
$4M KWBF-TV Little Rock AR from River City Broadcasting Inc., a subsidiary of Equity Media Holdings Corporation (Lori Withrow, corp.sec.) to Nexstar Broadcasting Inc....
London satellite remains in orbit
London Broadcasting’s $115M acquisition of a number of Drewry television stations included an Odessa-Midland NBC affiliate. Its range was extended via a full-power satellite,...
Multicultural group going into breakup mode
Arthur Liu’s Multicultural Television Broadcasting has suffered defaults involving two sets of lien holders and is headed into a trust under the care and...
Transactions: 11-03-08
$1.8M WZXZ-CA Orlando FL from L4 Media Group LLC (Rich Ehrman) to CaribeVision Station Group LLC (Carlos Barba). $126K deposit, balance in cash at...
Consolidation comes to NCE TV
Greater Dayton Public Television/Think TV, the noncommercial entity operating WPTD Channel 16 and WPTO Channel 14 in Dayton OH, and Greater Cincinnati Public Television,...
Distressed property on the block
WRJM-TV, which brings MNT fare to the Montgomery-Selma AL market from its perch in Troy AL, is in receivership and looking for a buyer....
Transactions: 10-20-08
$4M KREN-TV Reno NV from Reno License LLC Debtor-in-possession/Pappas Telecasting (E. Roger Williams) to Entravision Holdings LLC, a subsidiary of Entravision Communications Corporation (Walter...
Close encounter in Toccoa
The sale of WNEG-TV by Media General to the University of Georgia Research Foundation is now a done deal. The station, considered to be...
Financial meltdown leaves a crater in Nashville
Lehman Brothers disappeared, and that is the major reason that the $209M sale of CBS WTVF-TV Nashville TN has disappeared as well. It was...
Orlando Class A act revisited
We have to admit we were wondering about the pricing of WZXZ-CA, an Orlando Class A television station that is being sold buy Rich...
Orlando Class A heads for the Barba shop
WZXZ-CA is getting a new owner, and indeed this may be the perfect time to pick up a Class A television station in prime...
Second Little Rock TV for Sook
Equity Broadcasting Corporation has managed to liquidate some more property, finding a ready buyer in Perry Sook’s Nexstar Broadcasting Group for KWBF-TV, the MyNetworkTV...
Cross-currents in Entravision’s Reno move
The contract for the sale of KRRN-TV Reno and a platoon of associated Class A and low power television stations has hit the FCC....
Entravision makes offer for Reno TV
Pappas Telecasting, working through Chapter 11 difficulties, has an agreement to sell KREN-TV and low power sister KAZR-CA in Reno to Hispanic group Entravision....
Transactions: 9-29-08
$25M KEYU-DT & KEYU-LP/KAMT-LP/K59HG/K38IP Amarillo TX (Borger, Amarillo TX); KUOK-TV, KCHM-CA/KWDW-LP & KOKT-LP Oklahoma City (Woodward, Oklahoma City, Sulphur OK); KUTW-LP & KWKO-LP Waco-Temple-Bryan...