The small market television group of Communications Corporation of America is said to be on its way into the portfolio of Nexstar. And the larger market television group of Local TV is said to be on the block. Here’s what is actually on the table in both cases.
According to reports, the CCA group is said to be going to Nexstar in a deal which is to be formally announced, if possible, before or when the NAB convenes its annual show in Las Vegas in early April.
The deal will be complicated by CCA’s use of LMAs, with several such arrangements in operation involving stations belonging to White Knight Broadcasting and Titan TV. The CCA portfolio leans heavily toward Fox as far as network affiliations go, with a handful of NBC and CBS outlets (nothing from ABC). Fox’s little sister MNT is well-represented, and Hispanic Estrella TV is available mostly on digital side channels in many markets. The group is concentrated in Texas and Louisiana, with one outpost in Indiana.
Communications Corporation of America
Baton Rouge LA
WVLA NBC/ThisTV (LMA’d from White Knight Broadcasting)
KZUP-CD RTV (LMA’d from White Knight Broadcasting)
KSHV MNT (LMA’d from White Knight Broadcasting)
KFXX Fox (LMA’d from White Knight Broadcasting)
KLPM-LD MNT (LMA’d from White Knight Broadcasting)
El Paso TX
KDBC CBS/MNT (LMA’d from Titan TV)
Local TV markets are make it as far west as the Rockies and include several DMAs large enough to support major league sports teams. The affiliations also lean toward Fox, although all of the Big Four are present in the portfolio. The sale of the group would also be complicated by the existence of LMAs – although in this case there are only two LMA’d stations, both belonging to Tribune.
KWGN CW (LMA’d from Tribune)
St. Louis MO
KPLR CW (LMA’d from Tribune)
Kansas City MO
Salt Lake City UT
Oklahoma City OK
Greensboro-Winston Salem-High Point NC
Scranton-Wilkes Barre PA
Des Moines IA
Quad Cities (Moline IL)
Fort Smith AR