Licensed to Durango, KREZ is now retransmitting LIN's CBS affiliate in Albuquerque, N.M., KRQE. The buyer is Native American Broadcasting, which is paying $2 million, according to an FCC filing. No word yet on Native American's plans for the station.
DMA 46
LIN Selling Colorado Satellite For $2 Million
LIN Media is spinning off KREZ Durango, Colo., which now serves as a non-originating satellite of its CBS affiliate in Albuquerque-Santa Fe, N.M., KRQE.
The purchase price is $2 million, according to an FCC filing seeking approval of the deal.
The buyer is Native American Broadcasting LLC, whose principals are Denise Renee St. Andre, of Ignacio, Colo. (51%) and Laurie Kain, Durango (49%).
Even after the sale, LIN will have a substantial presence in Albuquerque. In addition to KQRE, it owns Fox affiliate KASA and operates MNT affiliate KASY and CW affiliate KWBQ under a shared services agreement.
Comments (1)
Lyn Steven says:
April 22, 2011 at 10:03 am
Check your facts, please, before reporting ………….. LIN does not operate KASY or KWBQ. The shared services are very limited and do not include operating the stations in any way.