Eight weeks ago, RBR+TVBR told you about the transfer of a 117-watt low-power TV station serving a South Carolina market. George Kimble of Kozacko Media Services was the exclusive broker. Now, that buyer is selling a sister property — and making millions of dollars in profit.
In November 2017, the FCC in a 3-2 vote eliminated its cross-ownership rules for newspaper and broadcast media and for radio and TV, respectively. The “Eight-Voices Test” was also erased. Now, one of the biggest TV deals to come since that vote has just been consummated.
HC2 Station Group, the rapidly growing broadcast TV station owner led by Philip Falcone, has closed on its acquisition of a Class A TV station presently serving Hispanic audiences in Ohio's capital city. It's a facility shifting channels thanks to the post-spectrum auction repack.
Three low-powered TV stations located in the Lone Star State, as well as a new facility serving a Northern California city, are trading hands. The buyer is based in Little Rock and led by Julie Huang.
A construction permit associated with a low-power TV station in Gadsden County, Fla., on the Florida-Georgia line, is trading hands. The buyer is a Little Rock-based entity led by Julie Huang.
A low-power TV station serving a big resort town on Maui's West Side is being transferred into a newly formed entity that represents a 50-50 partnership between two individuals.
The rapidly growing company led by Philip Falcone in June 2018 nabbed a full-power UHF station that as of late has been airing This TV programming for viewers in eastern Iowa. The transaction is now complete for HC2 Holdings.
More than nine months ago, a journalist who heads a U.S.-based television network targeting South Asian consumers acquired an Otter. Really. That deal involved a low-power television facility in Northern California that used the Otter name for its branding, prior to its sale. Now, the same buyer is grabbing an LD facility in a market home to a plethora of theme parks.
Stop the presses: A company best-known for its four radio stations along the Jersey Shore has just landed a low-powered television station in the Big Apple. It will be paired with a full-power facility in NYC.
For 57 years, South Floridians have enjoyed NBC programming on a giant of the airwaves, The E.W. Scripps Co.'s West Palm Beach-based WPTV-5. Now, thanks to rule changes made by the Commission 13 months ago, it's about to gain a sibling.
On Sunday evening, Jews across the world celebrated the miracle of Hanukkah. In North Texas and in Chicago, a different sort of miracle had been finalized, and leaked to news organization Reuters. Nexstar Media Group has just accomplished something Sinclair Broadcast Group was unable to do.
AdLarge Media and WAVSTAR have partnered in an exclusive ad sales partnership which makes the cloud-based CRM/workflow management system available to radio stations on a barter basis for the first time. WAVSTAR integrates CRM, sales, and production with a station’s existing traffic system.
A digital low power TV station serving Pennsylania's capital has just been sold. It's a deal between a couple of non-profit operators, with the buyer set to install its non-secular programming on the channel.
One year ago, an independent TV station seen across the Aloha State made headlines for its "David vs. Goliath" fight versus AT&T's DirecTV. This station has had a shared services agreement with Raycom Media, a dominant entity that owns the CBS and NBC affiliates serving Hawaii. That's about to end: K5 and the FOX affiliate are soon to be siblings.
In 1986, a family-owned television broadcasting company based in St. Paul, Minn., came to fruition. Over time, this operation would grow to 16 stations in markets as diverse as Tucson; Corpus Christi, Tex.; and San Luis Obispo, Calif. Thirty-two years later, Cordillera Communications is exiting TV station ownership. The buyers: One big publicly traded media company that just sold off its radio stations, and an Illinois-based player with a diverse portfolio of media properties.