The $3.2 million acquisition of some 60 LPTV stations and 10 LPTV construction permits by Edge Spectrum -- a.k.a. EICB-TV NET -- from a religious non-commercial broadcaster has officially moved forward, following a delay requested by the buyer.
In the final days of August, the parent company of a home shopping channel agreed to sell its full-power digital TV station serving Boston. At the same time, a channel-sharing agreement (CSA) was forged by the buyer to allow a company that collected millions in the recently concluded FCC incentive auction to use one-third of this digital station's spectrum. The asset purchase agreement and CSA recitals have finally found their way to the FCC via a Form 314 filing made today, with Media Venture Partners serving as the exclusive broker.
Trinity Broadcasting Network has just been given a greater opportunity to share the word of Christ to viewers in two of the nation's biggest markets. In a deal brokered by Greg Guy of Patrick Communications, TBN will soon have a deeper presence in the Windy City and the New York Tri-State Area.
For the third consecutive business day, there's a TV transaction that involves the swiftly growing HC2 Station Group. That's the entity led by Philip Falcone that owns the Azteca América broadcast TV network and a whole bunch of television stations. It's just added a Detroit property.
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.
Edge Spectrum had been gathering low-power TV stations over the last three years in anticipation of NEXTGEN TV's coming riches for the industry. Now, its Chairman/CEO — who also heads ARK Multicasting — is shifting two more LPTVs to a different licensee, making it three in a week's time. We now know why.
In 2016, one of the largest television networks in the Dominican Republic gained an over-the-air home in Puerto Rico. Now, the owner of the Carolina, P.R., based UHF facility is selling the station. The buyer is the parent company of a station that has largely served as a west-island affiliate of one of Puerto Rico's biggest TV stations.
The tranquil town of Red Lion, Pa., nestled to the southeast of York, Pa., has now attracted national headlines for another "zombie" capture. This time, there's a multi-million payment involved, and a big pay-day for the seller. The deal was signed and sealed on Aug. 29. However, it's only now been filed with the FCC.
Here's a transaction that involves an otter. That's the tongue-in-cheek branding for a low-power television station serving the Monterey-Salinas-Santa Cruz market, which has just been sold in a deal to an entity named Diya TV. It's the top deal in detail featured in RBR+TVBR's TRANSACTIONS TODAY for March 5, 2018.
Aug. 6 was a big day for Phillip Falcone's HC2 Station Group. The rapidly growing TV station owner has added to its stable again. Where did they grow now? Click here for all of the details.
In October, RBR+TVBR told you about "an ubiquitous presence at a trio of full-power radio stations and, today, three FM translators that all serve an area of Michigan to the west of Ann Arbor." This air personality agreed to become the stations' owner, and the deal has now closed.
The founder and CEO of Diya TV, serving South Asian consumers, has been active in recent weeks for his agreements to purchase low-powered TV stations in various locales across the U.S. His latest deal will put him in the middle of the biggest DMA in America.
Rep. Maxine Waters (D-CA) will be the guest of honor
On Wednesday, RBR+TVBR's TRANSACTIONS TODAY detailed the sale of NBC affiliated KIEM-3 in Eureka-Arcata, Calif., to an entity tied to Northwest Broadcasting. To make the deal happen, it had to spin the other station it owned in this small Northern California market. That transaction has just been finalized, and a Form 314 has been submitted to the FCC.
What are the key regulatory items of note for broadcasters that they should keep their eye on in 2018? The team at Pillsbury Withrop Shaw Pittman LLP has put together a 2018 Broadcasters' Calendar that includes 10 top items of note What's the top item of concern?