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.
WEEK ENDING MARCH 1
Station Trading Roundup: 1 Deal, $10 Million
KNET-CD, KNLA-CD Los Angeles PRICE: $10,000,000 SELLER: NRJ TV LLC (Ted Bartley, CEO) BUYER: Sovryn Holdings Inc (Philip Falcone, CEO) BROKER: Patrick Communications FACILITIES: KNET-CD: DTV Ch 32, 15.000 kW, ant. 3,261ft.; KNLA-CD: DTV Ch 32, 15.000 kW, ant. 3,261ft AFFILIATIONS: KNET-CD: IND; KNLA-CD: SBN
Editor’s note: This story has been updated to correct the buyer and seller information.
Comments (1)
weneedhelpnow says:
March 4, 2021 at 7:42 am
If you want to see misguided people with big egos, look no further than whoever in the H… is (are) buying local TV Stations in the year 2021!! Are you kidding me??? Give your $$ to a worthy Charity if you have nothing better to do with your $$