The addition of the Fox low power for “under $5 million” will give New Vision a duopoly with its NBC affiliate KSNT. Meanwhile, the growing station group plans to launch a low-power CBS affiliate in Bend, Ore.
New Vision Television is buying Fox affiliate KTMJ-LP Topeka, Kan., from Montgomery Communications Inc. for “under $5 million,” according to New Vision CEO Jason Elkin.
The purchase will give New Vision a duopoly in the market (DMA 139). It already owns the NBC affiliate there.
“KTMJ is low power, but it’s a virtual full power because we have carriage agreements with the cable operators,” Elkin said.
New Vision and Montgomery have signed a local marketing agreement under which New Vision will immediately begin brokering the station’s commercial time.
The sale is subject to FCC approval and both parties expect it to close in the third quarter.
New Vision said the purchase is part of its overall plan for a Kansas state-wide network, which includes its KSNW, the Wichita NBC affiliate and its four full-power satellite operations.
“This NBC-Fox combination in Topeka will expand our commitment to the community with more localized information and entertainment programming along with more marketing partnership opportunities for advertisers in the growing Kansas economy,” said John Heinen, New Vision president.
With this purchase, New Vision will own or manage 17 affiliated TV stations. And it’s apparently not finished.
Elkin said the group plans to add stations not only through acquisitions, but also through start-ups.
In fact, he said, New Vision expects to light up a new low-power CBS affiliate in Bend, Ore. (DMA 192) in about three weeks that will provide local news. Right now, Bend viewers have to tune to New Vision’s KOIN Portland, Ore., to watch CBS programming.