The purchase of five Texas stations by Gray Television from Ramar Communications tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.
WEEK ENDING OCT. 26
Station Trading Roundup: 2 Deals, $15,000,000
KLCW-TV Wolfforth, KMYL-LD, KXTQ-CD, KLBB-LD Lubbock, KABI-LD Snyder, all TX — PRICE: $10,000,000 BUYER: Gray Television Inc (Hilton Howell Jr, chairman, CEO) SELLER: Ramar Communications (Brad Moran, president) BROKER: Kalil & Co FACILITIES: KLCW-TV: DTV Ch.23, 200.000 kW, ant. 926 ft.; KMYL-LD: DTV Ch. 22, 15.000 kW, ant. 863 ft.; KXTQ-CD: DTV Ch. 24, 15.000 kW, ant. 922 ft.; KLBB-LD: DTV Ch. 19, 15.000 kW, ant. 863 ft.; KABI-LD: DTV Ch. 32, 1.330 kW, ant. 325 ft. AFFILIATIONS: KLCW-TV: CW+; KMYL-LD: My; KXTQ-CD: TEL; KLBB-LD: Me; KABI-LD: H&I
Multistate Deal — PRICE: $5,000,000 BUYER: SagamoreHill Broadcasting (Louis Wall, president/CEO) SELLER: Ramar Communications (Brad Moran, president) BROKER: Kalil & Co
New Mexico: K19KT-D Hobbs FACILITIES: DTV Ch. 19, 4.400 kW, ant. 486 ft. AFFILIATION: FOX
Texas: KJTV-TV Lubbock, KJTV-CD Wolfforth FACILITIES: KJTV-TV: DTV Ch. 35, 1,000.000 kW, ant. 926 ft.; KJTV-CD: DTV Ch. 33, 15.000 kW, ant. 863 ft. AFFILIATIONS: KJTV-TV: FOX; KJTV-CD: Wx
Comments (1)
2018bstyrevr says:
October 28, 2020 at 8:27 am
Shows you how pathetic the Local television media is as Gray continues to expand..Run by mediocre executives at best, especially their CEO, their stock price cannot get off the mat..What an investment!!!