The FCC has posted paperwork on the deal for KMTR-TV Eugene, initiated by Fisher Broadcasting, which will send the station to Roberts Media. It includes two additional full power television stations, three TV translators, and an SSA.
KMTV is coming from the rapidly disintegrating Newport Television group, which has spent the year divesting itself of its station holdings.
The price for KMTR, the Eugene NBC outlet, is $8.5M, which is part of Newport’s deal with Fisher.
Fisher, which owns CBS KVAL-TV in Eugene, is then turning around and assigning the right to acquire certain KMTR assets, including the license, to Roberts for $850K.
Fisher will then provide services to Roberts under an SSA. Roberts will pay a $165,100 monthly base payment to Fisher for these services.
The agreement between the two companies explicitly states that there will not be a joint sales agreement, so Roberts will handle that aspect of the business on its own.
Fisher will pay Roberts $15K for the right to purchase the station should the regulatory climate change in such a way as to make it possible.
In addition to KMTR, Roberts will be getting the license to KMCB-TV Coos Bay, KTCW-TV Roseburg, K31AE Sutherlin, K46AS Coos Bay and K22GX Tri City, all in Oregon.