The FCC’s TV spectrum auction is producing unusual and unexpected gifts for a handful of fortunate noncommercial broadcasters in major markets.
Hero Licenseco LLC on Wednesday closed on its sale of zombie station KBEH Los Angeles to Meruelo Television, owner of KWHY Los Angeles, for $10 million. Zombie stations are those that sold their spectrum in the FCC incentive auction, but retain their license with must-carry rights and other valuable assets. The deal was the first […]
Silver Point Capital sells the license and must-carry rights of the San Francisco indie to Stryker Media 2 as well as a channel sharing agreement.
The University of South Florida’s WUSF Tampa, Fla., is donating its license to another Tampa noncommercial station, Florida West Coast Public Broadcasting’s WEDU, which will change the former station’s call letters to WEDQ and continue to air its programs.
After selling the Pennsylvania station’s for $84 million in the incentive auction, NRJ is selling the TV license with must-carry rights, along with a channel sharing contract with the local Nexstar ABC affiliate, to Jeff Winemiller for $2.5 million.
The FCC has, for the first time, approved an application for the assignment of the license of a television station that agreed to relinquish its spectrum in the Broadcast Television Incentive Auction but has not yet commenced channel sharing.
OTA Broadcasting had sold the spectrum of the Providence, R.I., CW affiliate in the FCC’s incentive auction.
The seller of the spectrumless license and assets of KBEH Los Angeles to Meruelo Television for $10 million pulls the FCC application seeking approval of the deal after the agency asks for public comment on it. KBEH sold its spectrum in the FCC incentive auction.
Hero Licenseco LLC, which sold the spectrum of KBEH Los Angeles for $146.6 million in the FCC incentive auction, now has a deal to sell that station’s spectrumless TV license with its must-carry rights to KWHY Los Angeles,
They have FCC licenses, programming contracts and everything else you need to be a broadcaster, except spectrum, having sold it in the FCC’s incentive auction. So, now they are looking to find spectrum somewhere else or sell off their remaining assets in a second post-auction payday. There’s opportunity too for living broadcasters who wish to channel-share or lease the zombies a subchannel.