SagamoreHill has agreed to sell NBC affiliate KGNS Laredo, Texas, and CBS affiliates KGWN-KSTF Cheyenne, Wyo.-Scottsbluff, Neb., to broadcast newcomer Yellowstone Holdings LLC for $20.5 million.
DMAS 184 AND 195
SagamoreHill Sells TVs In Two Markets
SagamoreHill Broadcasting is selling NBC affiliate KGNS Laredo, Texas, and CBS affiliates KGWN-KSTF Cheyenne, Wyo.-Scottsbluff, Neb., to broadcast newcomer Yellowstone Holdings LLC for $20.5 million, according to Kalil & Co., which brokered the deal.
KGNS carries CW and Telemundo on subchannels. KGWN carries CW on a subchannel.
Backed by Duff Ackerman & Goodrich, SagamoreHill also owns stations in Montgomery, Ala.; Columbus, Ga.; Corpus Christi, Texas; Rochester, Minn.; Mason City, Iowa; and Myrtle Beach, S.C.
Yellowstone, based in California, is new to broadcasting.
Comments (3)
antonio berretta says:
June 3, 2013 at 10:01 am
Who cares
Andrea Rader says:
June 3, 2013 at 1:01 pm
You do, obviously, or you wouldn’t have commented.
tvn-member-1906073 says:
June 4, 2013 at 6:25 pm