Station Trading Roundup: 11 Deals, At Least $106.,7M

WJRT-TV Flint, MI — PRICE: $70,000,000 BUYER: Allen Media Broadcasting LLC (Byron Allen, founder, chairman, CEO) SELLER: Gray Television Inc (Hilton Howell, Jr, chairman, CEO) FACILITIES: DTV Ch.12, 30.000 kW, ant. 938 ft. AFFILIATION: ABC

WZME-TV Bridgeport, CT — PRICE: $35,000,000 BUYER: Weigel Broadcasting Co (Norman Shapiro, president) SELLER: NRJ TV LLC (Ted Bartley, CEO) FACILITIES: DTV Ch.49, 170.000 kW, ant. 722 ft. AFFILIATION: SBN

WLFT-CD Baton Rouge, LA — PRICE: $940,000 BUYER: Red Stick Broadcasting LLC (Michael Fry, member) SELLER:  Bethany Church (Jared Stockstill, CFO) FACILITIES: DTV Ch. 30, 11.760 kW, ant. 476 ft. AFFILIATION: Me

WUJX-LD Jacksonville, FL — PRICE: $750,000 BUYER: Norsan Media (Norberto Sanchez, CEO) SELLER: Budd Broadcasting Co Inc (Harvey Budd, president) FACILITIES: DTV Ch.15, 15.000 kW, ant. 804 ft. AFFILIATION: INS

K29KY-D Blackfoot, ID — PRICE: $15,000 BUYER: Sawtooth Mountain Broadcast & Wireless Corp (Lawrence Weissman, CFO) SELLER: Landover 2 LLC (Laurence Zimmerman, managing member) BROKER: Sterling BCG FACILITIES: DTV Ch.29, 0.100 kW, ant. 36 ft.

K06QJ-D Sioux Falls, SD — PRICE: $5,000 BUYER: Innovative Media Technologies (Vincent Castelli, CEO) SELLER: HC2 Holdings Inc (Renee Ilhardt, corporate representative) FACILITIES: DTV Ch.6, 3.000 kW, ant. 112 ft.

KRKG-LP Lewiston, MO — PRICE: $1 BUYER: Gray Television Inc (Hilton Howell, Jr, chairman, CEO) SELLER:  Roseland Broadcasting Inc (Julie Huang, member/manager) FACILITIES: DTV Ch.9, 3.000 kW, ant. 331 ft. AFFILIATION: IND

KSHV-TV Shreveport, LA — PRICE: TBD BUYER: Nexstar Media Group (Perry Sook, chairman, CEO) SELLER: White Knight Broadcasting Inc (Anthony Malara III, director) FACILITIES: DTV Ch.16, 301.000 kW, ant. 1,657 ft. AFFILIATION: My COMMENT: Nexstar Media Group Inc has exercised its option to acquire the license of KSHV from White Knight Broadcasting for a cash purchase price equal to six (6) times the average net income for the preceding 24 months.

KTPN-LD Tyler,TX — PRICE: TBD BUYER: Nexstar Media Group (Perry Sook, chairman, CEO) SELLER: Warwick Communications LLC (Anthony Malara III, president/CEO) FACILITIES: DTV Ch.36, 15.000 kW, ant. 384 ft. AFFILIATION: My b Nexstar Media Group Inc has exercised its option to acquire the station assets of KTPN from Warwick Communications for an amount equal to six (6) times the average net income for the preceding 24 months.

KCPN-LD Amarillo, KJBO-LD Wichita Falls, TX — PRICE: TBD BUYER: Nexstar Media Group (Perry Sook, chairman, CEO) SELLER: Mission Broadcasting Inc (Dennis Thatcher, president/CEO) FACILITIES: KCPN-LD: DTV Ch.33, 15.000 kW, ant. 600 ft.; KJBO-LD: DTV Ch. 35, 10.500 kW, ant. 420 ft. AFFILIATION: KCPN-LD: My; KJBO-LD: My COMMENT: Nexstar Media Group has exercised its option to purchase the station assets of Mission Broadcasting’s KCPN and KJBO for an amount equal to the greater of (a) $1 and (b) the aggregate amount of the existing station indebtedness.

KGBT-TV Harlingen,TX — PRICE: TBD BUYER: Nexstar Media Group (Perry Sook, chairman, CEO) SELLER: Mission Broadcasting Inc (Dennis Thatcher, president/CEO) FACILITIES: DTV Ch.18, 860.000 kW, ant. 1,303 ft. AFFILIATION: DRK COMMENT: Nexstar Media Broadcasting has exercised its option to purchase the license of Mission Broadcasting KGBT.  The cash purchase price shall be an amount equal to the greater of: (A) the product of seven (7) and the amount of the cash flow generated by the Station during the 12 months completed prior to the date upon which the exercise notice is given, reduced by (y) without duplication, the amount of the existing station indebtedness as of the date of the closing and any amount owing as of the date of the closing by seller to buyer or any of its affiliates; and (B) The sum, without duplication, of the amount of the existing station indebtedness as of the date of the closing and any amount owing as of the date of the closing by seller to buyer or any of its affiliates.