RNN Lassoes A Philly ‘Zombie’

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In late July, Lenfest Broadcasting and Philadelphia-area licensee WMCN License Holdings LLC agreed to sell its channel-sharing agreement for a station that relinquished its spectrum in the FCC’s incentive auction.


The buyer then assigned its rights and obligations to acquire the “zombie” station serving the nation’s fourth-largest market to the operator of a regional news network serving the New York Tri-State Area.

The asset purchase agreement has now been filed with the FCC, making this news and information-focused entity’s expansion to the Delaware Valley and Southern New Jersey official. Kalil & Co. served as the exclusive broker in this transaction.

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