TV Deals

Gray Television has just agreed to purchase three LPTVs in Georgia from Jeff Winemiller's Lowcountry 34 Media. Why would Gray make the deal for the stations? Improving the over-the-air consumption of Gray-owned full-power TV stations nearby is the answer.

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.

It's known for the Ave Maria Grotto and for being the halfway point between Birmingham and Decatur, Ala. Now, this town of some 18,500 people is in the news as a low-power television station licensed to this municipality is heading to a new owner.

A division of a broadcast media brokerage has launched a new monthly service that delivers radio station "Stick Value POPS multiples" to those seeking to get a true sense of what their broadcast facility is worth, should they wish to sell it.

Steve Marks’ passing led Wilkinson Barker Knauer attorney David Oxenford to transfer control of a Country FM with some “WOW” factor to Marks’ widow, Mary. Now, She's agreed to sell the facility to its Leased Management Agreement partner since 2017.

In a transaction that the company says will be "highly accretive" to its operating results immediately after a Q4 closing, Nexstar Media Group is acquiring the non-spectrum operating assets of the CW affiliate serving DMA No. 52. It's a nice bonus payday for the seller, which had no pre-Auction CSA but gained one ahead of relinquishing this station's spectrum for a winning bid of $125,932,367.

OTA Broadcasting was one of the big winners in the FCC's Incentive Auction, pocketing hundreds of millions of dollars for giving up the spectrum for eight Class A TV stations and two full-power facilities. But, OTA didn't get bids on all of its properties in Auction 1000, and it has now agreed to three separate deals involving a total of 7 Class A TV stations—and one hedge fund that's swooped in to claim them all.

In the Hawaiian islands, KWHE-14 in Honolulu is known for its "ohana" television offerings. Found on Oceanic Spectrum and Hawaiian Telecom systems across the state, KWHE is known for its mix of classic syndicated family-oriented sitcoms and a slate of religious and ministry programming, including The Dr. Sumrall Teaching Series. Could changes be on the way for KWHE? No. But, there may be some changes at a simulcast partner based on the island of Maui, which is being sold by KWHE's parent.

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.

A low-power TV station serving a picturesque region of Northern Arizona that includes Sedona and Jerome is being sold. It's the lone deal on a quiet Wednesday for transactions as one big group of brokers holds meetings at NATPE Miami with potential buyers and sellers.

A dissident investor in HC2 Holdings successfully lobbied for his ouster as CEO. Now, less than a year after his exit, he's reemerged as the head of a new entity that is agreeing to purchase two low-power TV stations serving Los Angeles.

It's no secret that available broadcast TV stations are few and far between for aspiring buyers. As such, there could be some considerable interest in a low-power TV station being marketed by one veteran media broker that serves one of the biggest metropolitan areas in the Southeast U.S.

In February 2018, the founder of Lubbock-based radio and TV station owner Ramar Communications passed away. Today, his family continues to run Ramar, and it's growing — it is purchasing a future low-power TV station in the market from a company blessed with a unique set of construction permits.

It's a Fargo-based media company that owns WDAY-AM, flagship TV property WDAY-6 and The Forum newspaper serving this South Dakota city and neighboring Moorhead, Minn. Now, Forum Communications is growing by agreeing to a deal brokered by Kalil & Co.