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New York Broadband Buys Ft. Worth LPTV

Gerald Benavides has agreed to sell low-power KVFW-LD Fort Worth, Texas (DMA 5), to New York Broadband LLC. The price is $1.05 million. Buyer principals include Charles Naumer, Kevin O'Halloran and Hui Liu. It also owns four TV stations in New York City and one in Richmond, Va. Kalil & Co. brokered the sale.

By Staff | May 15, 2013 | 12:55 p.m. ET.
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c munc says:

May 15, 2013 at 3:42 pm

Watch out Fort Worth, the Chinese Army technology folks (CMMB) are coming there to take over your airwaves!

Blair Faulstich says:

May 15, 2013 at 3:55 pm

The price was a little over a million dollars, $1,050,000.00.

c munc says:

May 16, 2013 at 7:45 am

So they paid $1,050,000 for 5,292,011 population coverage area, which works out to about $0.20 per pop. The national average per pop price in the last 18 months for built LPTV LD stations has been about $0.35 per pop. They got a deal!

Stephanie Harrison says:

May 31, 2013 at 2:59 am

Great deal until the repack comes and then its “poof” to the $1M