ZGS Station Sale Price Revealed; Deal Includes CSAs


On Monday, RBR+TVBR reported the sale of 13 TV stations in 10 markets by ZGS Communications to NBC Telemundo License LLC, the NBCUniversal arm that includes the Telemundo Spanish-language network’s owned-and-operated stations. Telemundo is not purchasing ZGS, as originally reported by RBR+TVBR.

The transaction is two-pronged. The first transaction, filed today with the FCC, involves one full-power station, five Class A stations, and low power stations (LPTVs) serving the Springfield, Mass., and Richmond.

Four Class A stations are also involved in the deal, with Form 314 filings set for a later date with the Commission.

We also now know that channel-sharing agreements forged by ZGS, a participant in the FCC’s incentive auction, are also involved in its deal with Telemundo.

We’ve also confirmed the purchase price for the 13 stations.

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