Silver Point reels in Equity properties


An agent to lenders of Equity Media Holdings Corporation is picking up a number of the bankrupt company’s properties, getting one full power station in Northwest Arkansas – MNTV KPBI-TV Eureka Springs AR — and a number of Class As, LPTVs and TV translators in seven DMAs, including Kansas City MO, Ft. Myers-Naples FL, Ft Smith-Fayetteville-Springdale-Rogers AR, Minneapolis-St. Paul MN, Little Rock AR, Los Angeles (Ventura CA), and Cheyenne WY-Scottsbluff NE. Values, which total $2.965, will be covered via credit bids on Equity lender claims.

Subsidiaries of Silver Point Finance LLC are picking up the licenses. Here are the details.

Kansas City MO: For $1M, SP gets KUKC-LP Kansas City MO.

Ft. Myers-Naples FL: For $1M, SP gets WUVF-CA Naples FL and WLZE-LP, WLTE-LP & WEVU-LP Fort Myers FL.

Ft Smith-Fayetteville-Springdale-Rogers AR: For $500K, SP gets MNTV KPBI-TV Eureka Springs AR, KFDF-CA, KXUN-LP, KUFS-LP, KWFT-LP, K33HG & K48FL Fort Smith AR, KFFS-CA, KEGW-LP Fayetteville AR, KRAH-CA Paris AR, KWNL-CA Winslow AR, KKAF-CA Siloam Springs AR, KHMF-CA Bentonville AR & KSJF-CA Poteau OK.

Minneapolis-St. Paul MN: For $265K, SP gets WUMN-CA & WTMS-CA, both Minneapolis MN.

Little Rock AR: For $, SP gets KLRA-LP Little Rock AR & KEJC-LP Sheridan LP.

Los Angeles: For $, SP gets KIMG-LP Ventura CA

Cheyenne WY-Scottsbluff NE:  For $, SP gets KDEV-LP Cheyenne WY &K61DX Laramie WY.