The deals includes management agreement for Jackson’s WDBD and WXMS-LP. Terms are undisclosed.
JW Broadcasting today announced the acquisition of My Network TV affiliate WUFX Jackson, Miss., (ch. 35) from Sheldon Galloway.
Terms of the deal were not disclosed.
The deal also includes a agreement that will allow JW to continue managing two other stations in the market, Fox affiliate WDBC and independent WXMS-LP, which are owned by Sheldon Galloway’s father, Thomas, and Wayne Elmore.
The Galloways are the principals in two station groups—Communications Corp. of America and White Knight Broadcasting—that filed for Chapter 11 bankruptcy earlier this year. However, their Jackson stations are not a part of the bankruptcy.
Jim Baronet, the stations’ general sales manager for the previous six months, was named general manager of WUFX and he will administer the services agreements for WDBD and WXMS-LP.
“We are excited to be a part of this vibrant and growing market,” said David Joseph, CEO of JW Broadcasting in a statement. “This expansion into the 89th-largest market represents the culmination of more than three years of hard work by the staff of JW.
“JW’s award-winning stations in Missouri have experienced unbelievable growth and are seen as one of the most innovative and unique television broadcast companies in America,” he said. “We will put that successful formula to work here for our viewers, advertisers and staff.”
Under the agreement, JW will immediately begin management of all three television stations, while awaiting FCC approval on the sale of WUFX.