KLAS Las Vegas, K22DR Laughlin, K49AB Pahrump, all Nevada — PRICE: $145,000,000 BUYER: Nexstar Broadcasting Group Inc (Perry Sook, pres/CEO/chairman) SELLER: Landmark Media Enterprises (Jack Ross, president) BROKER: Moelis & Co. FACILITIES: KLAS-TV: DTV Ch. 7, 30.100 kW, ant. 1,998 ft.; K22DR: Ch. 22, 2.310 kW, ant. 2,284 ft.; K49AB: Ch. 49, 7.300 kW, ant. 3,786 ft. AFFILIATION: KLAS-TV: CBS; K22DR: CBS; K49AB: CBS
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K36LM-D/Grand Junction, Colo. — PRICE: $5,000 BUYER: Chang Broadcasting (Jeff Chang, partner, manager) SELLER: R&D Media Group Inc (Rubin Rodriguez, president) FACILITIES: DTV Ch. 36, 5.300 kW, ant. 889 ft.
Joe Jaime
I really think Las Vegas will again rise to become a very good TV market again…..$145m looks stout but 5 years from now a good investment.
Liz Sidoti and Bob Lewis
I agree. Perry has bought a good property with some fat in it. Las Vegas will continue to grow and this will be a solid station int he Nexstar stable.