Entertainment Studios Closes On 11-Station Buy

Byron Allen’s Allen Media Broadcasting has completed its $305 million purchase of 11 stations in nine markets from USA Television announced last October.

WEEK ENDING FEB. 3

Station Trading Roundup: 2 Deals, $18M

The purchase of KTBU Conroe, Texas, by Tegna Inc. tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

DMA 89: SAVANNAH

TCT Buying WSCG Savannah, Ga. For $3M

Lowcountry Media sells the Georgia multicast affiliate to TCT Network’s Radiant Life Minstries.

DMA 39: LAS VEGAS

Ion Media Buys Entravision’s KMCC Las Vegas

The purchase solidifies its position as the nation’s largest TV broadcast UHF spectrum operator.

WEEK ENDING JAN. 20

Station Trading Roundup: 1 Deal, $1.5M

The purchase of WHCT-LD Hartford, Conn., by Weigel Broadcasting tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

Station Trading Roundup: 1 Deal, $475,000

The purchase of WQMC-LD Columbus, Ohio, by Urban One tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

WEEK ENDING DEC. 23

Station Trading Roundup: 1 Deal, $4.95M

The purchase of WMDN Meridian, Miss., by Sheldon Galloway tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

Fox Corp. Aims For ‘Surgical Strikes’ In M&A

“You shouldn’t think of us doing something like a station group acquisition,” Fox CFO Steven Tomsic said Tuesday at the UBS Global Technology, Media & Telecommunications Conference.

WEEK ENDING DEC. 12

Station Trading Roundup: 1 Deal, $81.2M

The purchase of eight stations by WRNN Associates LP tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

WEEK ENDING NOV. 25

Station Trading Roundup: 1 Deal, $59.2M

The purchase of nine stations by Standard Media Group tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

Standard Media Group Buying Nine TVs

The $59.2 million purchase from Waypoint Media and VisionCommunications also includes 15 FM and AM stations in three markets, plus Waypoint’s news production operations.

FCC OK’s $3.5B Purchase Of Cox

The FCC has backed equity firm Apollo Global Management’s takeover of TV and radio stations owned by Cox Enterprises and Northwest Broadcasting. The FCC approved the transactions, totaling almost $3.5 billion, sought by Apollo-controlled Terrier Media Buyer Inc. Media advocacy groups Common Cause and United Church of Christ opposed the deal, arguing it would reduce local media content and viewpoint diversity.

Lilly Broadcasting Closes On Purchase Of WCVI

Lilly Broadcasting has acquired WCVI in the United States Virgin Islands from Family Broadcasting Corp. WCVI operates as an ABC affiliate and be adding CBS as well effective Nov. 20. Both affiliates will carry network programming, local news, weather and syndicated programming. WCVI serves the United States Virgin Islands including St. Thomas, St. John and […]

WEEK ENDING NOV. 11

Station Trading Roundup: 2 Deals, $395M

The sale of three stations by Nexstar Media to Fox Television Stations tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

WEEK ENDING NOV. 4

Station Trading Roundup: 1 Deal, $1,100,000

The sale of WYCI Saranac Lake, N.Y. by Cross Hill Communications to Gray Television network tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

DMAS 13, 21 & 35

Nexstar, Fox Buy/Sell Five Stations

Nexstar will purchase Charlotte, N.C.’s Fox and MNT affiliates for approximately $45 million while Fox will buy Nexstar’s Seattle Fox and MNT affiliates and Milwaukee’s Fox affil for approximately $350 million.

Station Trading Roundup: 6 Deals, $2,175,000

The sale of KWHB Tulsa, Okla., by Family Broadcasting to Christian TV network tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

TVN’S TV2020 CONFERENCE

Execs: Station Trading Outlook Uncertain In 2020

The FCC isn’t likely to loosen ownership restrictions anytime soon, said leaders from Nexstar, Gray and Meredith last week, but outside money is likely to continue coming into the industry while the ownership cap holds steady. L-r: Patrick McCreery of Meredith, Perry Sook of Nexstar and Pat LaPlatney of Gray. (Photo: Wendy Moger-Bross)

DMA 58: TULSA, OK

KWHB Tulsa Sold For $2.1 Million

Christian Television Corp. is buying the Oklahoma independent from Family Broadcasting Corp.

WEEK ENDING OCT. 14

Station Trading Roundup: 6 Deals, $431,035,000

The sale of 11 stations to Allen Media from Heartland Media tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

DMAS 196 & 199

Fielder, Brissette Buy Network Affils

The purchases by Bill Fielder and Stephen Brissette of two stations in Casper, Wyo., and a double affil in Cheyenne, Wyo., come from three different investor groups, managed by one of the principals, Mark Nalbone.

Byron Allen Buying 11 Stations For $290M

Allen Media Broadcasting is purchasing USA Television’s portfolio of 11 network affiliates in nine markets. Bob Prather has agreed to stay on to manage the group.

WEEK ENDING SEPT. 23

Station Trading Roundup: 2 Deals, $10,002

W45BT-D Brookville, PA — PRICE: $10,000 BUYER: Sonshine Family Television Corp. (Margaret Huber, president) SELLER: Cornerstone TV Inc. (Steve Johnson, CEO) FACILITIES: DTV Ch.34, 15.000 kW, ant. 482 ft. AFFILIATION: CTV *****   *****   *****   *****   *****   *****   *****   *****   *****   *****   ***** Multistate Deal — PRICE: $2 BUYER: Winemiller, Jeffrey & Janet (Jeffrey Winemiller, co-owner/CEO) […]

DMA 115: SIOUX FALLS, SD

FCC Approves Gray’s Top 4 Duop in Sioux Falls

Gray gets the go-ahead to buy the NBC affiliate and operate it with the ABC affiliate it already owns in the South Dakota market. The action, in essence, constitutes a waiver of the FCC’s local ownership rules barring ownership of two stations in small markets and of two top-rated stations (typically network affiliates) in all markets.

WEEK ENDING SEPT. 9

Station Trading Roundup: 1 Deals, $375,000

The sale of KGBY-TV & K36LM-D Grand Junction, Colo., by Chang Broadcasting to Ventura Broadcasting tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

WEEK ENDING AUG. 26

Station Trading Roundup: 2 Deals, $875,000

The sale of KDMD-LD Tacoma, Wash., by Denver Digital Television to Seattle 6 Broadcasting tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

Tegna Confirms Apollo M&A Contacts

According to a statement released by the station group, Apollo has proposed first acquiring Tegna and later merging it with Cox Media Group. Apollo struck a deal to acquire Cox in February, but that deal has not yet closed.

WEEK ENDING AUG. 19

Station Trading Roundup: 1 Deal, $1,000+

The sale of KCOS El Paso, Texas, by El Paso Public Television Foundation to Texas Tech University tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

JESSELL AT LARGE

Jessell | FCC Duop Inaction Hurting Station Owners

Gray Television’s deal to buy KDLT Sioux Fall, S.D., and create a precedent-setting affiliate duopoly in the market has been hung up at the FCC for 15 months without any explanation. For the sake of buyers and sellers, large and small, the FCC needs to act.

WEEK ENDING AUG. 12

Station Trading Roundup: 1 Deal, $2.9 Million

The sale of KMBH Harlingen, Texas, by MB Revolution to Entravision tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

DMAS 28 & 34

Tegna Completes Acquisition Of Dispatch Stations

The $535 million deal for WTHR Indianapolis and WBNS-AM-FM-TV Columbus, Ohio, closes.

WEEK ENDING AUG. 5

Station Trading Roundup: 1 Deal, $296,000

The sale of KTTU Tucson, Ariz., by Tucker Media & Management Consulting II to Tegna tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

DMA 115: SIOUX FALLS, SD

KDLT Says DOJ Has OK’d Sale To Gray

An internal email from the GM of Red River Broadcasting’s NBC affiliate in Sioux Falls, S.D., says the Justice Department has signed off on the $32 million sale to Gray Television first proposed in 2018.

WEEK ENDING JULY 8

Station Trading Roundup: 2 Deals, $275,000

The sale of WWEO-LD DeFuniak Springs, Fla., by World Evangelism Outreach to Nichols Broadcasting Group tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

WEEK ENDING JULY 1

Station Trading Roundup: 2 Deals, $7,750,000

The sale of WBEH-CD Miami by Prime Time Partners to HC2 Holdings tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

DMA 16: MIAMI

HC2 Holdings Buys Two Florida LPTVs

Prime Time Partners sells WBEH-CD Miami for $4 million and WSPF-CD Tampa for $3.75 million to Philip Falcone’s HC2 Holdings.

WEEK ENDING JUNE 11

Station Trading Roundup: 2 Deals, $537M

The sale of three TV and two radio stations from Dispatch Broadcast Group to Tegna tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

DMAS 28 & 34

Tegna Buying Dispatch’s WTHR, WBNS For $535M

In addition to the NBC affiliate in Indianapolis and CBS affiliate in Columbus, Ohio, it’s also getting WBNS-AM-FM in Columbus.

DOJ Still Mum On Tegna-Nexstar Spinoffs

Those looking for Justice’s decision on whether it has any antitrust issues with Tegna’s purchase of Nexstar spin-off stations will have to wait a little longer. That is because for the sixth business day in a row the Federal Trade Commission has issued no early termination notices on any deal, an unusual hiatus for such announcements.

WEEK ENDING MAY 27

Station Trading Roundup: 1 Deal, $40,000

The sale of KXNU-LD Laredo, Texas, from Faith & Power Communications to Gray Television tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.