The Transactions Trickle of 2021: Brokers Matter

Kagan's Volker Moerbitz's assessment of the transactions landscape through June 30 is a striking one: the first half of 2021 registered a total deal volume that was less than the average monthly deal volume in any of the years between 2011 and 2019. If it weren't for the presence of brokers, how much worse would things have been?

Gray Wins A LPTV Six-Pack In Winemiller Deal

Jeff Winemiller and his Lowcountry 34 Media has engaged in a series of transactions in recent months involving low-power television stations. On Thursday, he moved forward with the sale of six LPTV construction permits. The buyer? The company co-led by Pat LaPlatney and Hilton Howell Jr.
Philip Falcone

Philip Falcone’s New Venture Enters ‘America’s Finest City’

Former HC2 Holdings leader Philip Falcone has emerged as the head of a new entity seeking to build a collection of low-power TV stations as part of a spectrum play. He's signed off on several deals across 2021. Now, he's putting his signature on an asset purchase agreement involving a California property.

A Radio Group Prepares To Bring Local TV To The Ozarks

Ken Kuenzie and Dennis Klautzer have made headlines in recent years for their radio broadcasting investments. They include five audio brands serving the Lake of the Ozarks resort region of Missouri, and their December 2017 decision to join Larry Fuss as an investor in a Kaua'i FM serving the Hawaiian island. Now, their company is set to bring the first over-the-air TV station for the Ozarks.

Mako Spins Two More ‘Unique’ LPTV Permits

In early July, it became known that a special group of low-power television station permits were available, placed on the market by a licensee that didn't wish to build them by their rather unique deadline. What makes these LPTVs so special is that they don't need to be built until 2023. On Monday, two more of these LPTVs were spun, following a Scripps deal announced last week.

Lockwood Locks Up A Winemiller Spin

It's a broadcast television station owner with eight properties in 7 markets.  Now, it is adding a property in Virginia's quintessential college town, Charlottesville. The seller: Jeff Winemiller.
Dayton, Ohio

Nexstar Executes Option To Create Miami Valley Duopoly

While Cox maintains a dominant position in the Dayton-Springfield market of Ohio, Nexstar Media Group has a formidable presence, too. It owns the local NBC affiliate.  Soon, it will also own a second station in this market.
Ravi Kapur

Ravi Kapur Adds Florida LPTV Pair

A Bay Area entrepreneur who once appeared on-camera at KGO-7 in San Francisco has been an active buyer of late of low-power TV stations across the U.S. He's at it again. Ravi Kapur has just snagged a pair of LPTVs serving two of the Sunshine State's biggest markets. 
Money

A Deep South CBS Affiliate Trades Hands

In a transaction that saw Kalil & Co. as the exclusive broker, a CBS affiliate serving Meridian, Miss., is being spun. The new owner is headed by Dr. Michael Hogan.

Nexstar’s Option? Adding Assets In Texarkana

On January 1, 2015, Nexstar Media Group agreed to an amended "put and call option agreement" with White Knight Holdings.  On July 6, 2021, Nexstar exercised its option, putting the wheels in motion on its acquisition of a MyNetwork TV-affiliated UHF serving northwest Louisiana, and its MyNet sibling serving Tyler-Longview, Tex.
Broadcast Tower

A Church Pluck Nets A Class A TV Property

Kerry Denny has secured the purchase of a Class A television station serving the Bayou State's second-largest market. The deal involves the sale of a non-commercial, religious facility from a church in the city.
Me TV

MeTV Owner Buys Former NYC-area Affiliate

From Jan. 4, 2012 until fall 2015, it was the home of MeTV for the New York Tri-State area. The affiliation was dropped in favor of a new facility licensed to a town in New Jersey with coverage of the whole market. Now, MeTV is poised to return to a Bridgeport, Conn.-based digital UHF, as MeTV's owner is buying the station.

Gray Grabs A Tiny LPTV Property. Why?

Its a tiny town in Lewis County, Mo., that had under 550 residents in the 2010 U.S. Census. It's important enough of a locale for Gray Television to make a deal for a low-powered TV station based in this tiny burgh. There's a perfectly good reason it is buying the facility, when one looks at a map.

Landover 2 Spins An Unbuilt LPTV Property

Earlier this year, Laurence Zimmerman-led Landover Wireless drafted two transactions that saw the transfer of control of unbuilt LPTVs to Jeff Winemiller and his Lowcountry 34 Media. Now, Zimmerman's group is spinning an unbuilt LPTV property in Idaho. The buyer could use it to expand the markets where Evoca is being launched.

A FideliTV Find for a Florida Capital LPTV

A low-power television station serving the capital city of Florida is being sold. The buyer? It's been broadcasting on television since 1992 and launched an international television network in 2016. That offering is likely on the way for Tallahassee.
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