Pollack/Belz Broadcasting sold the NBC affiliate in Eureka, Calif., for $3.5 million.
If the buyer of five Class A TVs around Pittsburgh later sells the stations in the FCC’s incentive auction, it will pay a percentage to the seller, based on a sliding scale.
Hearst Television paid $3.1 million to acquire NBC affiliate WVTM Birmingham, Ala., according to Jefferson County public records. Hearst announced last month it had closed on the station, following an August announcement the longtime media company intended to purchase the NBC affiliate.
A total of 164 TV stations changed hands through the first half of 2014, with an average price of $46.5 million. That total was down from the same period last year.
The broadcast giant has been knocking on the doors of deep-pocketed buyers, including CBS Corp. and Time Warner Inc. So far, Univision hasn’t gotten the nibbles its owners have been looking for. The reason: Potential buyers are balking at a $20-billion price tag for a company weighed down by $9 billion in debt.
The sale of KTVK and KASW to Meredith Corp. was part of a deal announced last December that also included KMOV St. Louis.
Gunter Marksteiner has sold the Miami Class A low-power station to LocusPoint Networks. Larry Patrick and Greg Guy of Patrick Communications advised the buyer, while Michael Alcamo of M.C. Alcamo & Co., Inc., advised the seller. Headed by William deKay and Ravi Potharlanka, LocusPoint in an investment firm that is acquiring stations with plans to participate in the FCC’s incentive auction.
They are among the 10 TV station deals submitted to the FCC for its approval during the weeks ending March 19, according to BIA/Kelsey.
Two years after selling WXEL-FM Palm Beach, Fla., for $3.85 million, Barry University has agreed to sell its public TV sister station for $1.44 million. The buyer is the WXEL Public Broadcasting Corp., a nonprofit set up by the TV station’s executives.
Sale of WBQM-LD was one of five TV stations deal submitted to the FCC for its approval during the weeks ending Feb. 6 and Feb. 13, according to BIA/Kelsey.