The sale of KLAS Las Vegas and two translators by Landmark Media to Nexstar Broadcasting Group tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Kelsey.
Station Trading Roundup: 2 Deals, $145M
KLAS Las Vegas, K22DR Laughlin, K49AB Pahrump, all Nevada — PRICE: $145,000,000 BUYER: Nexstar Broadcasting Group Inc (Perry Sook, pres/CEO/chairman) SELLER: Landmark Media Enterprises (Jack Ross, president) BROKER: Moelis & Co. FACILITIES: KLAS-TV: DTV Ch. 7, 30.100 kW, ant. 1,998 ft.; K22DR: Ch. 22, 2.310 kW, ant. 2,284 ft.; K49AB: Ch. 49, 7.300 kW, ant. 3,786 ft. AFFILIATION: KLAS-TV: CBS; K22DR: CBS; K49AB: CBS
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K36LM-D/Grand Junction, Colo. — PRICE: $5,000 BUYER: Chang Broadcasting (Jeff Chang, partner, manager) SELLER: R&D Media Group Inc (Rubin Rodriguez, president) FACILITIES: DTV Ch. 36, 5.300 kW, ant. 889 ft.
Comments (2)
Joe Jaime says:
December 2, 2014 at 7:25 pm
I really think Las Vegas will again rise to become a very good TV market again…..$145m looks stout but 5 years from now a good investment.
Liz Sidoti and Bob Lewis says:
December 3, 2014 at 9:46 am
I agree. Perry has bought a good property with some fat in it. Las Vegas will continue to grow and this will be a solid station int he Nexstar stable.