Businessstation trading

WEEK ENDING MAY 8 | UPDATED MAY 11

Station Trading Roundup: 3 Deals, $35,605,000

May 10, 2023 | TVNewsCheck Staff | Add comment

The purchase of KUSI San Diego, by Nexstar Media Group tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

KUSI-TV San Diego — PRICE: $35,000,000 BUYER: Nexstar Media Group (Perry Sook, chairman, CEO) SELLER: McKinnon Broadcasting (president, Michael McKinnon II, president) FACILITIES: DTV Ch. 18, 355.000 ft., ant. 1,890 ft. AFFILIATION: IND BROKER: Kalil & Co. represented McKinnon Broadcasting.

WPXO-LD East Orange, NJ — PRICE: $405,000 BUYER: Roseland Broadcasting (Matthew Davidge, CEO) SELLER: CaribeVision Station Group (Carlos Vasallo, CEO/president) FACILITIES: DTV Ch. 4, 0.300 ft., ant. 577 ft. AFFILIATION: INS

KGLR-LD Sparks, NV — PRICE: $200,000 BUYER: Bridge News LLC (Eric Wotilia, founder/president) SELLER: New Line Media Communications (Gustavo Luzania, CEO) FACILITIES: DTV Ch. 35, 15.000 ft., ant. 417 ft. AFFILIATION: IND

Businessstation trading

About Mark K. Miller

Mark K. Miller began covering the television industry in 1975 when he joined Broadcasting magazine as an editorial assistant, becoming a staff writer. He moved to editing, becoming managing editor of the renamed Broadcasting & Cable in 1991. Mark left B&C at the end of 1998, but continued his association with the company as managing editor of B&C’s new monthly tabloid magazine, Digital Television, until it ceased publication in December 1999. Mark worked with Harry Jessell to launch TVNewsCheck in 2006 (as TVNewsday) and has been its managing editor since then. He can be reached at [email protected].

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