A digital low-power television station in Omaha has been sold by Daystar Television Network to the owner of “News Channel Nebraska.”
However, the station’s evangelical Christian-based fare isn’t disappearing – although a Flood will sweep it on to its HD3 digital channel.
KOHA-LD 48, licensed to Omaha, is being acquired by Flood Communications, headed by Norfolk, Neb.-based attorney Mike Flood, who also serves as the company’s CEO and founder.
Flood is paying $250,000 for the station, with $12,500 already placed in an escrow account.
With the sale of the facility, Daystar will have the right to shift its programming to KOHA’s HD3 digital channel, thanks to a programming agreement that sees Daystar paying a $1,000 monthly rental fee for the multicast signal.
Daystar’s deal is for five years, with an option to renew for one additional term under the current terms.
Matthew McCormick of Fletcher, Heald & Hildreth, P.C. served as Flood’s attorney in the transaction; Robert Olender of Koerner & Olender represented Daystar in the same capacity.
KOHA uses the same tower as Hearst’s KETV-7, in North Omaha.
It was not immediately known if “News Channel Nebraska” will air on KOHA; it launched in October 2015 on KNEN-LD 35 in Norfolk, Neb., a small city approximately 100 miles northwest of Omaha.
Flood also owns three AMs and four FMs in Nebraska; Flood’s Omaha-market radio station is Class C1 KBBX-FM 97.7, a 100kw facility licensed to Nebraska City airing a regional Mexican format.
