A full-power TV station serving the city of Lubbock, Texas has just been sold.
As a result, the CW Network affiliate for this Lone Star market will soon be in the hands of a crosstown company the owner already enjoys a relationship with.
It’s a transaction that could be the result of relaxed FCC ownership restrictions recently approved by the Ajit Pai-led Commission.Woods Communications Corp. is the licensee of KLCW-22, which was known prior to June 30, 2006 as KWBZ.
KWBZ was born after KUPT-22 moved to Channel 14 — under ownership of Ramar Communications.
As of today, Ramar is once again going to own a station on Channel 22, as it has filed a Form 314 with the Commission asking for its permission to obtain KLCW.
Why not? Ramar already has his hands well into KLCW’s operations. The station is a “CW+” affiliate, the offering serviced to small markets across the U.S. that wish to partner up with The CW. Local inserts and advertising are handed by Ramar’s FOX affiliated KJTV-34 in Lubbock.
That’s significant, as Ramar also controls what is now MyNetwork TV affiliate KMYL-LD 14; Telemundo affiliate KXTQ-CD, and MeTV Network affiliate KLBB-LD.
Ramar is also the owner of six FM radio stations and News/Talk KJTV-AM in the Lubbock market.
The KLCW deal would give Ramar full control of two full-power signals, and five network affiliates serving Lubbock. Its top-rated radio station, Classic Hits KLBB-FM, ranks eighth (12+) in the Fall 2017 Nielsen Audio ratings for Lubbock.
The purchase price for Ramar is set at $100,000; a $90,000 prepayment has been made, with the balance due at closing.