DMAS

LocusPoint Selling Two TVs For $3.5M

KFTL-CD Palo Alto, Calif., and WMKE-CD Milwaukee are going to companies owned by Terence E. Crosby and Randy E. Nonberg.

Spectrum aggregator LocusPoint Networks has filed FCC applications to sell two stations to licensees principally owned by Terence E. Crosby and Randy E. Nonberg.

KFTL-CD Palo Alto, Calif. (DMA 6), is going to Poquito Mas Communications for $2,850,000 and WMKE-CD Milwaukee (DMA 35) to Milwaukee Media for $650,000.

Crosby and Nonberg also have interests in WIWN Milwaukee and WLGA Opelika, Ala.

The seller (principals: Ravi Porharlanka and Bill deKay) also owns one full-power and 11 low-power stations.

Brokers: Patrick Communications and Kalil & Co.


Comments (3)

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Kristina Veltri says:

April 27, 2017 at 9:42 pm

It’s actually WIWN in Milwaukee for those calls. And clearly, LocusPoint is in white flag mode with the stations they couldn’t sell for spectrum, as these stations are less than non-factors in their markets.

    Edie Baker says:

    April 27, 2017 at 11:02 pm

    Thanks, I’ve corrected the call letters.

Nate Mann says:

April 27, 2017 at 10:59 pm

Expensive TVs.

Ohhh you mean TV stations!


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