Spectrum aggregator LocusPoint Networks has sold two low-power stations to Trinity Broadcasting Network. Trinity is paying $13 million for WDVB-CD Edison, N.J. (DMA 1, New York) and WLPD-CD Chicago (DMA 3). LocusPoint is owned by Bill deKay and Ravi Potharlanka. Religious broadcaster Trinity owns full- and low-power stations and several broadcast networks. Greg Guy of Patrick Communications brokered the deal.
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Nexstar Media Group comes out on top of TVNewsCheck-BIA Advisory Services’ annual list of the Top 30 groups ranked by revenue thanks to the failed Sinclair-Tribune merger, with Nexstar picking Read More
A quick briefing on FCC proceedings affecting TV broadcasters from Washington communications attorneys David Oxenford and David O'Connor.
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