KFTY-TV, which broadcasts to the San Francisco-Oakland-San Jose DMA from its perch to the north on Channel 50 in Santa Rosa CA, is being bought by Una Vez Mas LP. The buyer says it is the biggest carrier of Hispanic television network Azteca America operating in the United States. Brokerage Kalil and Co. handled the deal.
The new owner plans to affiliate KFTY with that network.
The seller is High Plains Broadcasting Inc., which holds the license, and Newport Television LLC, which also has an interest in the station. Terms of the deal were not disclosed.
“My roots are in the Bay Area and my father owned one of the first Spanish-language television stations there. This is like a homecoming for me.” said Terry Crosby, Chairman and CEO of Una Vez Mas. “San Francisco is now the 9th largest Spanish-language television market with more than 390,000 Hispanic households and an ideal place for UVM to expand its footprint.”
The buyer has stations in Las Vegas, San Antonio, Tucson, Santa Barbara, Atlanta, Washington and Tampa.