Oklahoma Land Company was one of the successful bidders in the Equity Media sell-off auction awhile back, picking up six sticks, mostly in the Oklahoma City market. What makes the deal interesting is what it already has there.
But first things first: OLC principals Ty and Tony Tyler are getting one full power and three low power Univision affiliates in the market, along with one more Univision low power serving Tulsa. The stations include KUOK-TV, KCHM-LP, KWDW-LP & KOKT-LP in OKC, and KUTU-CA in Tulsa. The winning bid for all of this was $800K.
They will pair up nicely with OLC’s KTNZ-TV, Oklahoma City’s Telemundo affiliate.
But wait, there’s more. OLC has a Mexican-formatted radio station in the market: KTUZ-FM.
It also has four more mainstream radio stations: Country KKNG-FM, Jack KOJK-FM, Talk KTLR-AM and Children’s KOCY-AM.
OLC provided documentation to the FCC claiming there were sufficient independent voices in the market to allow the TV duopoly and the radio/TV cross-ownership. Low power stations do not figure in such tallies.