KFTL-CD Palo Alto, Calif., and WMKE-CD Milwaukee are going to companies owned by Terence E. Crosby and Randy E. Nonberg.
DMAS
LocusPoint Selling Two TVs For $3.5M
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)
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!