Low Country 34 Media and Marquee Broadcasting today announced an agreement to a swap stations. Low Country will be acquiring WEVD-LP Dover, Del., serving Philadelphia in exchange for WHDC-LD Charleston, S.C.; WSCG-LD Beaufort, S.C.; WGCB-LD Savannah, Ga., as well as cash considerations. Lowcountry 34 Media is based out of South Carolina and led by Jeffrey […]
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.
The CBS affiliate is being bought by Marquee Broadcasting, which already owns independent WSST in the market. The sale is the first of nine spin-offs of stations in duopoly markets that Gray pledged to make to clear the way at the FCC for its $3.6 billion aquisition of Raycom.
While it closes on the $5.6 million purchase of WNKY Bowling Green, Ky., it promotes the station’s GM, Linda Gray, to COO of the station group.
Marquee Broadcasting is paying $5.6 million for Max Media’s NBC-CBS affiliate WNKY Bowling Green, Ky. (DMA 181), according to the FCC filing. Marquee also owns WMDT Salisbury, Md.; WGDV-LD and WEVD-LP Dover, Del.; and WGTA Toccoa, Ga. Kalil & Co. brokered the deal.
Max Media has filed an application to sell NBC-CBS affiliate WNKY Bowling Green, Ky. (DMA 181), to Marquee Broadcasting. Marquee also owns WMDT Salisbury, Md.; WGDV-LD and WEVD-LP Dover, Del.; and WGTA Toccoa, Ga. The price was not disclosed. Kalil & Co. brokered the deal.
The former GM of WPGA Macon, Ga., comes on board as Marquee Broadcasting’s Atlanta outlet adds MeTV as its primary affiliation.