The $521 million deal adds 15 stations in 10 markets to Scripps’ portfolio and bumps up its reach to nearly 21% of U.S. TV households.
The FCC has approved the sale of Cordillera Communications TV stations to Scripps plus the sale of one Cordillera station to Quincy. In fact, the sale of the Cordillera stations is contingent on that spin-off of KVOA Tucson. Scripps has also been given permission to continue operating Cordillera’s KBZK Bozeman, Mont., as a satellite of Cordellera’s KXLF Butte.
The Justice Department has signed off on the sale of 15 TV stations from Evening Post Industries’ (EPI) Cordillera Communications to Scripps for $521 million. That came in an early termination notice Tuesday released by the Federal Trade Commission, which divvies up merger reviews. The notice means that the antitrust review has been ended early with no issues that would cause the deal to be blocked or conditioned.
Scripps Buying 15 Cordillera Stations For $521M
The deal will bring the Scripps station portfolio to 51 stations in 36 markets with a reach of nearly 21% of U.S. TV households and includes three duopolies — in Helena and Great Falls, Montana, and Corpus Christi, Texas. Cordillera is selling its remaining station, NBC affiliate KVOA Tucson, Ariz., to Quincy Media.
Cordillera Looking To Exit The TV Station Business
The St. Paul, Minn.-based broadcasting arm of the Charleston, S.C.-based Evening Post Industries has hired Methuselah Advisors of New York City to sell its portfolio of 11 stations in 11 small markets, according to two sources.
2016 Spot Revenue: $129.5 million Stations: 22 in 12 markets Coverage: 2.1% Ownership: Evening Post Industries (private) Key Executives: John Barnwell, president-CEO, Evening Post Industries; Terry Hurley, president; Cordillera; Sean Franklin, VP of engineering & […]
Exclusives
Broadcasters Unite For La. Flood Relief Concert
E.W. Scripps and Cox Media are among the five station groups launching the Katz Broadcasting diginets.
He is succeeded at the company’s KOAA Colorado Springs by Ross White who becomes the station’s sales director.
19. CORDILLERA COMMUNICATIONS, St. Paul, Minn. 2015 Spot Revenue: $119.5 million Stations: 22 in 12 markets Coverage: 2.1% Ownership: Evening Post Industries (private) Key Executives: John Barnwell, president-CEO, Evening Post Industries; Terry Hurley, president; Cordillera; […]
The station group taps Steve Chase and Bo Ebeling as VP/director of sales and director of operations, respectively.
The station group’s director of programming and operations will step down on May 25 after a 25-year broadcasting career.
The station group’s director of programming and operations will step down on May 25.
A new carriage contract puts 16 stations back on the satellite service’s program lineup.
Nearly a year to the day after blacking out DirecTV in a retrans dispute, Cordillera Communications has taken 18 of its channels in 11 markets off Dish Network.
The group owner says if a new retrans deal with the satellite service isn’t reached by the Jan. 7 deadline, its stations may go dark.
The station group promotes him from operations manager at WLEX Lexington, KY., to succeed the retiring Andy Suk as vice president of engineering and technology.
Sen. Steve Daines on Saturday announced that DirecTV and television station owner Cordillera Communications have reached an agreement to restore CBS programs and end a 10-day blackout of the network across much of Montana.
U.S. Sen. Steve Daines (R-Mont.) is asking DirecTV and Cordillera Communications, the owner of Montana’s CBS affiliates to get the network back on satellite after a weeklong absence. Daines is weighing in two days before CBS broadcasts Sunday’s NFL playoff game between the Denver Broncos and Indianapolis Colts. DirecTV would like Cordillera’s permission to carry the game, and only the game, under the terms of its old contract as negotiations continue.
Saint Paul, Minn.-based Informed Interactive, the digital business unit aligned with Cordillera Communications’ TV stations, has signed a long-term agreement to return the Cordillera stations to Worldnow’s digital publishing platforms. […]
TWC, Cordillera Reach Retrans Deal
Time Warner Cable and a Cordillera Communications subsidiary reached an agreement in their retransmission dispute, ending a more than five-month blackout that eclipsed the signals of four stations in the Corpus Christi, Tex., market.
Dan Stein will lead operations, research, programming, business analysis, contract negotiations, third-party vendor relationships, regulatory issues, retransmission consent and special projects.
Its NBC and CBS affiliates, KRIS and KZTV, respectively, are now broadcasting local news in high def from renovated and upgraded studios.
Cordillera Communications is promoting Kathleen Choal from news director at its KVOA Tucson to general manager of its NBC affiliate in Santa Barbara-Santa Maria-San Luis Obispo. Calif.
KOAA Colorado Springs-Pueblo, Colo., GM David Whitaker is retiring after 12 years at the Cordillera Communications-owned NBC affiliate and nearly 45 years in the television industry. He will stay on at the station through March, 2011.
