With all the talk of TV station M&A fueling groups to get ever larger, it’s easy to forget that there are still operators that feel they can do important work in their smaller local communities. Two of these owners — Lockwood Broadcast Group and Marquee Broadcasting — want to get bigger too, but not because they believe they need scale, but because they believe broadcasting on a local scale is still a good business that’s fun and lets them provide a vital community service.
It’s purchasing KRBK Springfield, Mo., and WHDF Huntsville, Ala., markets in which it already owns or operates stations. Nexstar President Tim Busch said: “The acquisitions … will allow Nexstar to generate incremental advertising and net retransmission consent revenue growth without increasing our total U.S. television household reach.”
The sale, announced in October 2017, gives Hearst a duopoly in the market. It also owns NBC affiliate WXII and has been operating WCWG under a shared services agreement.
Ramping up its retrans-based rhetorical war with regional station group Lockwood Broadcast Group, Dish Network has accused the owner of KTEN Sherman, Texas, of holding the Super Bowl over the heads of its customers in the market.
Four Lockwood Broadcast Group stations are no longer available on the satellite service: KAKE Wichita, Kan. (ABC); WHDF Florance, Ala. (CW); WCWG Lexington, N.C. (CW); and KTEN Ada, Okla. (NBC, ABC, CW).
It’s exercising an option to purchase Lockwood Broadcast Group’s CW affiliate that Hearst operates under a shared services agreement.
Lockwood Broadcast Group brings him in from KETK Tyler, Texas, to lead its NBC affiliate.
The CW affiliate was just purchased by Excalibur Broadcasting from Lockwood and upon approval of the deal, Gray Television will provide it with back-office services and limited programming. Gray owns the market’s NBC affiliate WSAZ.
The purchase of the North Carolina CW affiliate will increase Lockwood’s TV station portfolio to six stations in five markets.
It has changed the call letters of WMAK to WKNX after completing the $2.95 million purchase from Daystar Television announced last November.