A schism among Soul of the South investors has erupted into a lawsuit over control of the venture’s most valuable asset: the broadcast license for MeTV affiliate KMYA Little Rock-Pine Bluff, Ark. One group of investors is challenging another’s legal authority to strike a deal to sell the license for $2.7 million. That transaction, pending approval by the FCC, includes the possibility of sharing in half of any additional money if the license is resold in the FCC’s incentive auction.
KMYA Little Rock
DMA 57: LITTLE ROCK-PINE BLUFF, AR
September 25, 2023
Editor on Duty: Mark K. Miller