Another HC2 Divestment Beneficiary: A San Joaquin Valley Family Operator


As RBR+TVBR has reported, HC2 Broadcasting has been selling various non-essential properties as part of an effort to raise capital — a major campaign being waged by chief executive Wayne Barr Jr. following the exit one year ago of Philip Falcone.

Within HC2 is DTV America Corp., and that licensee is selling properties, namely unbuilt construction permits. In the latest deal to involve yet-to-be-constructed LPTVs facing a July 13 sign-on deadline, DTV via HC2 is parting ways with three mini-stations in Wisconsin and a fourth in Texas.

The buyer is a family-owned entity based in Central California.

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