WEEKLY STATION TRADING ROUNDUP

NRJ Buys Trenton, N.J., LPTV For $3.5M

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.

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)

Leave a Reply

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.


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