$16M KTBU-TV Houston TX (Conroe TX) from Humanity Interested Media LP (Gregory L. Brown et al) to KTBU Licensing Inc., a subsidiary of Spanish Broadcasting System Inc. (Raul Alarcon Jr.) $1.6M escrow, $6.4M cash at closing, $8M note. Can reduce cash payment by $500K by releasing note within 180 days and prior to closing. [FCC file date 5/11/11]
