Lockwood Broadcast Group has completed its acquisition of a Knoxville TN television station from Word of God Fellowship, bringing it into a local duopoly and giving it a new set of calls. Here are the details:
The station was WMAK at the time the deal was struck – it was accepted by the FCC for filing 11/9/12. The new call letters for the independent station are WKNX.
The station was acquired for $2.95M, the bulk of which is covered by a $2.45M promissory note.
Lockwood’s existing station in the market is CW WBXX.
Lockwood President Dave Hanna said, “This is a great opportunity for Lockwood Broadcasting in Knoxville, our team is excited to expand our service and further grow relationships in the community. We as a group continue to look for more stations and anticipate announcing another acquisition soon.”
Also in the Lockwood television stable: CW WQCW-TV in Charleston-Huntington WV, CW WHDF-TV in Huntsville-Decatur AL, and KTEN-TV Sherman TX-Ada OK, which is affiliated with NBC, ABC and CW.