Equity sells RTN, but may buy it back

Cash-strapped Equity Media Holdings has cut a deal to sell Retro Television Network for $18.5 million to a group headed by Henry Luken, Equity’s...

Louisiana station brings $10M

KAQY-TV Columbia, LA is a relatively young station, having signed on in 1998 to bring the ABC network back into the Monroe, LA market....

Media General finds buyer for soon-to-be ex-CBS station

WNEG-TV Toccoa, GA was a bit of a tough sell, since Media General was out to sell the station without a key asset –...

Sinclair builds virtual duop in Richmond

Sinclair Broadcast Group announced a deal to buy WTVR-TV (CBS) Richmond from Raycom Media for $85 million. At the same time, Sinclair will sell...

Transactions: 6-23-08

$41M WVUE-TV New Orleans LA (Fox, 8/DT 29) from Emmis Television License, a subsidiary of Emmis Communications Corporation (Jeffrey Smulyan) to Louisiana Media Company...

Microsoft acquisition eyes TV biz

Ad placement is growing by leaps and bounds as advertisers look to combat time shifting and commercial skipping, and Microsoft hopes to be a...

Transactions: 6-10-08

$700K KDJQ-AM Boise ID (Meridian ID) from KDJQ LLC (Robert E. Combs) to Salt & Light Radio Inc. (Keith Pettyjohn et al). $35K escrow,...

FCC clears Fox to Foxco TV deal

The $1.119B arrangement between News Corporation’s Fox Televisions and Foxco Acquisition, the licensee name in front of party of interest Local TV LLC and...

FCC clears MG/Hoak deal

Smart Media Group and the Mark Kennedy ’06 Campaign have failed to block the $60M sale of KALB-TV Alexandria LA (NBC) and WMBB-TV Panama...

FCC waives through Tucson duop

Journal Broadcast Group’s plan to acquire a second television station in the Tucson market has received the FCC’s blessings. The pairing was unopposed but...

Newport stations drift to High Plains

You’ve heard of renting to buy? In this case, Newport Television is selling to rent. James H. Martin has formed High Plains Broadcasting, which...

Transactions: 5-19-08

864,937 TV CP Gainesville FL from Gainesville Channel 61 Associates LLC, a subsidiary of Pegasus Satellite Communications Inc. (Michael Nachman) to MPS Media of...

FCC allows French to take a ride in Reading

Richard French’s WRNN-TV Associates has been cleared by the FCC to acquire WTVE-TV Reading PA out of Chapter 11 for $13.5M, over a pair...

Close encounter in Lexington

Morris Multimedia has a new market to call its largest, and Media General’s television portfolio is one station lighter. The acquisition of WTVQ-TV by...

Close encounter in Clarksburg

The argument that consolidated television is better than no television has prevailed in the small Clarksburg-Weston WV DMA, where Wither Broadcasting has closed on...