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.
A digital Class A facility licensed to a city within the West Palm Beach DMA is being dealt for a little more than half a million dollars. The buyer? That would be a rapidly growing entity that is piecing together stations that will likely air this company's recently acquired broadcast television network.
Doubling it up is turning out to be the hottest trend of the summer — and perhaps 2018. Loosened FCC television station ownership rules have led several companies to add a second station in a market where it already has a presence. Add Perry Sook's Nexstar Media Group to the companies taking advantage of this Commission "rule modernization."
RBR+TVBR on Monday reported on the acquisition of an affiliate of The CW that carries MeTV and MyNetworkTV programming on its digital subchannels by a company with a formidable presence in New England. This deal would, if approved by the FCC, create a duopoly in Maine's biggest market. Terms including the price and escrow payment have now been disclosed.
In April, Ironwood Communications closed on the sale of a full-power UHF facility licensed to Lewiston, Maine, to ION Media Networks. Ironwood is in a selling mood once again and it selling an affiliate of The CW that carries MeTV and MyNetworkTV programming on its digital subchannels. The buyer is already in the market, which would create a newly permitted duopoly.
In mid-March, Cox Media Group President Kim Guthrie told RBR+TVBR that talk of the company selling off nearly all of its radio stations was unfounded. It turns out that the chatter focused on the wrong media: Cox has confirmed that it "will explore strategic options" for its 14 TV stations, including partnering or merging the stations into a larger company.
Some 75 miles to the west of Huntsville, Ala., are the cities of Florence and Muscle Shoals. It is here that an affiliate of The CW Network has made headlines throughout 2018 for its inaccessibility to DISH subscribers in the Huntsville DMA for the last six months. Now, it is in the news because of an ownership change. The buyer? Nexstar Media Group.
Here's a transaction that may seem unusual: iHeartMedia is parting ways with a TV station. It's a move that comes more than a decade after predecessor company Clear Channel Communications left the television business.
Here's a deal that's full of American Spirit, fueled by FCC "modernization." Raycom Media has forged an agreement with a longtime shared services agreement partner that would give it an Iowa TV station it could not legally obtain 15 years ago, when it owned another crosstown station. At the same time, Raycom is grabbing The CW affiliate serving the capital of the Old Dominion. Both stations will eventually wind up in the hands of Gray Television.