Journal closes KMIR, KPSE sale


Journal CommunicationsJournal Broadcast Group announced the closing of the sale of television stations KMIR-TV (an NBC affiliate) and My 13 KPSE TV (a MyNetwork affiliate) in Palm Springs, CA, to OTA Broadcasting (PSP), LLC, an affiliate of Virginia-based OTA Broadcasting, LLC, for $17 million in cash. Kalil & Co., Inc., represented Journal Communications and Media Venture Partners, LLC, represented OTA.

Previous articleSBS launches “I-95” in Miami
Next articleAereo raises $34 million in new funding
Carl has been with RBR-TVBR since 1997 and is currently Managing Director/Senior Editor. Residing in Northern Virginia, he covers the business of broadcasting, advertising, programming, new media and engineering. He’s also done a great deal of interviews for the company and handles our ever-growing stable of bylined columnists.