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.
In a deal between two individuals, a group of five low-power TV stations in Texas are trading hands. The stations are in Lubbock, Victoria and San Angelo, respectively.
To the north and northwest of the Pennsylvania state capital of Harrisburg are the towns of Middleburg and Elliotsburg, respectively. Here, two low-power TV stations are being sold. It's the lone deal we have to talk about in yet another quiet day for TRANSACTIONS TODAY.
In September, SagamoreHill Broadcasting made the news for its $23,000 entry into a Texas Gulf Coast market. Now, the company is gaining a presence in the middle of Missouri, thanks to the purchase of an LPTV facility in a big college town and another LPTV facility just southwest of the state capital.
A Class A TV station in the Peachtree State found on local cable TV systems and its Class A LPTV sibling have just been traded to a locally based buyer. What are his plans for the station? They won't include "North Georgia Television News."
The biggest acquisitor in the broadcast TV industry has struck again. In a just-filed Form 314 filing, HC2 Holdings — the owner of the Azteca América broadcast TV network — has revealed that its picking up a full-powered UHF facility in a Southern metropolis with a growing Hispanic population.
A low-power TV station serving the seat of Harrison County, W. Va., has just been sold to a West Virginia-based operator. It's the lone deal up for discussion in TRANSACTIONS TODAY for Sept. 14, 2018.
In August 2014, then-FCC Chairman Tom Wheeler applauded a deal, crafted with the assistance of the MMTC, that saw Gray Television sell several stations to qualified minority and/or women-owned companies. One of these stations is now being reacquired by Gray, thanks to a loosening of local TV ownership rules carried out by the Republican-majority Commission under Chairman Ajit Pai.