The spectrum speculator headed by Ted Bartley buys one of two low-power TV stations that were submitted to the FCC for its approval during the week ending March 5, according to BIA/Kelsey.
WEEKLY STATION TRADING ROUNDUP
NRJ Buys Trenton, N.J., LPTV For $3.5M
W50DZ-D Trenton, N.J.
Price: $3.5 million
Buyer: NRJ TV LLC (Ted Bartley, CEO)
Seller: WZBN TV Inc (Gregory Zanoni, president)
Facilities: DTV Ch. 50, 5.55 kW, ant. 417 ft.
Affiliation: Am1
BRAND CONNECTIONS
Broker: John Cunney of Patrick Communications
Comment: $175,000 escrow deposit.
K09YE La Pine, Ore.
Price: $5,000
Buyer: Chambers Communications Corp. dba Three Sisters Broadcasting LLC (Scott Chambers, CEO)
Seller: Rural Oregon Wireless Television Inc (Everett Helm, president)
Facilities: Ch. 9, 0.20 kW
Comments (2)
Ellen Samrock says:
March 6, 2012 at 1:18 pm
I don’t get the logic here. A translator can be bumped off of its channel assignment and, quite possibly, into oblivion. So how is this a smart business move for a spectrum speculator?
Ellen Samrock says:
March 6, 2012 at 8:46 pm
It’s a Class A station. So that makes some sense.