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.
No, we're not talking about Spanish Broadcasting System's heritage regional Mexican station serving Southern California. Rather, we're referring to a pair of TV stations that are being acquired by an entity connected to the President of El Dorado Broadcasters in a deal brokered by Kalil & Co.
August has ended with a whimper for RBR+TVBR's TRANSACTIONS TODAY, with just two deals involving Low Power TV stations to discuss. One is in Arizona. The other is in one of America's most popular destinations for outdoor enthusiasts.
PBS viewers in the Texas cities of Waco, Temple and Killeen will be losing their local member station at the stroke of midnight. It has nothing to do with a retransmission fee dispute with a MVPD. Instead, it is all about a transaction set to be filed with the FCC that will transfer the noncom TV station to Gray Television.
HC2 Station Group, Inc., Max Media X LLC, and CMCG Puerto Rico LLC have agreed on the sale of two television stations in Mayaguez, Puerto Rico.
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.
Philip Falcone's HC2 Station Group has just filed its third Form 345 FCC filing this week, and this time around the owner of the Azteca América broadcast TV network is acquiring a licensed and silent LPTV facility in a big Midwestern market. An escrow deposit has already been made.
On June 25, Atlanta-based Gray Television successfully reached an agreement to merge with Raycom Media. When all is said and done, the new Gray TV will own 142 stations across 92 DMAs. However, nine station spins were announced in order to meet federal regulatory approval in markets where Gray and Raycom each own stations. The first of these nine stations has just been dealt.