They reside in Corona del Mar, Calif., and own a growing group of broadcast television and radio stations in markets such as Zanesville, Ohio, thanks to an April 2022 transaction. Now, Brian and Patricia Lane are adding a property in Lima, Ohio to the Marquee Broadcasting stable.
King Forward Inc. in recent months has been the seller of low-powered TV stations across the South. In June, the licensee was at it again. Now, the company led by John Kyle II has officially closed on the sale of four properties in the region, and two in the Hoosier State.
Gray Television is a fan of low-power TV stations. It's been snatching up LPTV properties left and right across 2022. In the latest deal to involve the broadcast television company, it is purchasing a property serving the Lone Star State city of Tyler.
It has a history that includes an affiliation with the small Asia Vision television network. Now, this Philadelphia-area low-power TV station is being spun to the purveyor of Christian and family programming headquartered in Allentown, Pa. Patrick Communications' Greg Guy brokered the deal.
It's a digital low-power television station that was sold by Enlace Christian Television to Craig Ruark in 2021. Earlier this year, it was resold to an entity led by Scott Centers. Now, Centers is selling the property again, a deal that will bring it to its four licensee in under 24 months. It comes concurrent to another Southern Nevada spin for Centers.
The town of Branson, Mo., has been welcoming visitors and country music buffs for years, and there's been a low-power TV station dedicated to this audience operated by longtime local broadcaster Earls Family Broadcasting available for viewing. Could this soon change, as Earls has decided to sell the LPTV property? It's not likely.
In the resort town of Jackson, Wyoming, a low-power TV station is being sold. The buyer is an intriguing one, and suggests Spanish-language television is coming to the community.
Gray Television has proven to be a big buyer of low-power television stations across the U.S. across 2022. Now, Gray is at it again, and is agreeing to purchase a trio of LPTVs
Gray Television is a big believer in low-power TV stations, using them in various ways as NEXTGEN TV's voluntary rollout promises new nontraditional ways to make money while delivering better quality picture and sound to consumers. In its home state, Gray is grabbing another LPTV property.
John Kyle and his King Forward Inc. has been a busy trader of low-power television stations in recent months. On August 29, the latest deal to involve Kyle — this time as a consultant — was struck. It's a deal that sends a LPTV property to Gray Television.
A division of a broadcast media brokerage has launched a new monthly service that delivers radio station "Stick Value POPS multiples" to those seeking to get a true sense of what their broadcast facility is worth, should they wish to sell it.
Until now, Jorge Figueroa and his TV Red de Puerto Rico has held the licenses to two low-power television stations — one serving Ponce and the southern portion of the island and another located near Mayaguez, serving the western areas of Puerto Rico. Paperwork filed with the Commission shows that TV Red de Puerto is selling the stations.
In late June, a licensee led by John Kyle II agreed to sell a host of low-power television stations in various locales. One of those transactions has now closed, putting the Evansville, Ind., facility in the hands of Jeff Winemiller.
Serving Lee County, Va., is an AM/FM Country-formatted combo that serves a geographical area to the northwest of Kingsport, Tenn., and to the south of Cumberland, W. Va. Pending FCC approval, this radio pair will be heading to a new owner.
With Dick Harlow as COO and Allen Dick as CEO, Dick Broadcasting has been operating 18 Alpha Media properties via a LMA ever since a transaction first announced in September 2017. That's about to change, however, as the FCC has received freshly signed Asset Purchase Agreement paperwork seeking regulatory approval of the long-planned transaction.