station trading

The purchase of seven LPTV stations, six radio stations and a news production business by Coastal Television Broadcasting tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

Gray now owns TV stations serving 102 television markets that collectively reach 25.4% of U.S. television households, including the No. 1-ranked station in 76 markets. The Byron Allen-owned Allen Media Broadcasting now owns and operates 25 television stations in 19 U.S. markets.

It’s acquiring the Telemundo affiliate from Ramar Communications along with three other full-power signals, a Class A, three LPTVs and 20 translators.

The purchase of KPHE-LD Phoenix by Sovryn Holdings tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

The purchase of WJRT Flint, Mich., by Allen Media Broadcasting tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

After working as a magazine executive, he helped launch Psychology Today and played a role in Rupert Murdoch’s $3 billion purchase of the company that owned TV Guide. He was 93.

The sale of the ABC affiliate in Flint-Saginaw, Mich., will pave the way for closing Gray’s purchase of Meredith’s station group. It boosts Allen’s portfolio to 24 stations in 20 markets.

The purchase of 17 unbuilt LPTV construction permits by Gray Television tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

TV transactions of late have also included deals involving unbuilt low-power TV stations. With a sign-on deadline of Tuesday, time is rapidly ticking for those seeking to spin these facilities and cash out. Then, there’s a group of LPTVs for sale that are a bit unique. How so? They don’t need to be built until 2023.

Nexstar tops the TVNewsCheck-BIA Advisory Services’ annual list of the Top 30 groups ranked by total revenue for the third year in a row. But with the sale of Meredith’s and Quincy’s stations to an acquisitive Gray, the top 10 slots are rearranged following an active 12 months of M&A.

The purchase of nine unbuilt LPTV construction permits by Roseland Broadcasting tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

The purchase of 20 unbuilt LPTV construction permits by J&J Winemiller tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

The purchase of KRRI-LP Reno, Nev., by Adaptive Broadcasting Group tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

The purchase of W27EB-D Sugar Grove, Ill., by Sovryn Holdings tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

The purchase of KHLM-LD Houston by Christian TV Network tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

KOMO-AM-FM, KPLZ-FM and KVI-AM in Seattle go for $18 million to Los Angeles-based radio group owner Lotus Communications.

Meredith Corp said today it has accepted a revised proposal from Gray Television to buy Meredith’s television stations for about $2.83 billion, up from the original deal’s $2.7 billion.

The purchase of 45 unbuilt construction permits by J&J Winemiller tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

The purchase of a construction permit for K031M-D Eugene, Ore., by 5NINES LLC tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

The purchase of KTNL Sitka, Alaska, by Ketchikan TV LLC tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

The purchase of KNXT-LP Bakersfield, Calif., by My Central Valley LLC tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

TVNewsCheck‘s Michael Depp and Harry Jessell discuss Gray Television’s acquisition of Meredith and other potential moves on the M&A chessboard, along with changes at the top at CBS’s stations.

The purchase of Meredith Corp.’s 17 TV stations by Gray Television tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

Gray CEO Hilton Howell said today’s $2.7 billion purchase of Meredith’s stations fits with Gray’s strategy of adding stations in key states for heavy political ad spending.

It’s getting 17 stations in 12 markets and will spin off its Flint, Mich., ABC affiliate WJRT since it’s acquiring CBS affil WNEM there. With a combined net revenue exceeding $3.1 billion on a blended 2019-20 basis, Gray said its acquisition of Meredith’s television stations will transform Gray into the nation’s second largest television broadcaster.

The sale follows Gray’s purchase earlier this year of Quincy Media and comprises stations in markets in which Gray already owns stations.

The purchase of KJYY-LD Portland, Ore., by Roseland Broadcasting tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

The purchase of K31MK-D Lawton, Okla., by Grey Television tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

The purchase of KYMU-LD Tacoma, Wash., by Sovryn Holdings tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

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

Meredith Corp. is considering selling its television stations, according to people familiar with the matter, a move that would focus the media conglomerate on its magazine division. Meredith is working with a financial adviser on the potential divestiture, said the people, who asked to not be identified because the matter isn’t public.

The purchase of KGBT Harlingen, Texas, by Mission Broadcasting tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

The purchase of KWKB Iowa City and KPNZ Ogden, Ore., by Faith Broadcasting tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

The purchase of KVVV-LD Houston by Sovryn Holdings tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

The purchase of KNET-CD and KNLA-CD by Sovryn Holdings tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

The purchase of W41DO-D New York., by Major Market Broadcasting tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

The purchase of KBCB Bellingham, Wash., by Radiant Life Ministries tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

The purchase of Quincy Media by Gray Television tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

Upon closing the transaction, Gray will own television stations serving 102 television markets that collectively reach 25.4% of U.S. television households.Gray said it will divest Quincy’s stations in the following markets in which Gray also owns a full-power television station: Tucson, Arizona; Madison, Wis.; Paducah-Harrisburg, Ky.-Ill.; Cedar Rapids, Iowa; La Crosse-Eau Claire, Wis.; and Wausau-Stevens Point, Wis.