Done TV deal in Eugene


Fisher CommunicationsFisher Broadcasting, which is on the path to a merger into Sinclair Broadcast Group, closed on an acquisition announced last year in which it is getting a second Eugene OR television station and its satellites and assigning the rights to the license and other assets to a third party.

The station is NBC KMTR. The reason Fisher had to use a proxy is that it is already present in the market – which lacks the necessary number of independent media voices to support an O&O duopoly – is that it is already present there with CBS KVAL. Roberts Media LLC

The third party actually getting the stations and entering into an SSA/purchase option is Roberts Media LLC.

Also coming in the deal are full- and low-powered satellites extending KMTR’s reach in the station. They include KMCB-TV Coos Bay, KTCW-TV Roseburg, K31AE Sutherlin, K46AS Coos Bay and K22GX Tri City

The price for the stations, which were acquired as part of last year’s Newport Television sell-off, was $8.5M, most of which was paid by Fisher. It assigned the license assets and certain programming assets to Roberts for $850K.

Fisher told the SEC that struck the deal for the stations 11/19/12 and closed on 6/3/13.

Fisher is folding into Sinclair in a deal valued at $373.3M. It was accepted for filing by the FCC 4/29/13 and is under regulatory review.