Transactions 05-21-07


17.5M WJCL-TV Savannah GA from Piedmont Television of Savannah License LLC, a subsidiary of Piedmont Television Holdings LLC (Paul Brissette) to NVT Savannah Licensee LLC, a subsidiary of New Vision Television LLC (Jason Elkin). 1.75M escrow, balance in cash at closing. Includes standing JSA/purchase option with WTGS-TV, which is also being sold. WJCL is an ABC affiliate on Ch. 22. [File date 4/30/07.]

17.5M WTGS-TV Savannah GA (Hardeeville SC) from Bluenose Broadcasting of Savannah LLC (Paul Brissette) to Parkin Broadcasting of Savannah License LLC (Todd Parkin). Cash. Will remain in JSA with WJCL-TV, which also will hold purchase option with price increasing 500K on each one-year anniversary through the fourth (to 19.5M) upon which it will be determined by independent fair market value appraisal. [File date 4/30/07.]