The sale by Journal Broadcast Group of KMIR, KPSE-LP and K29KF-D Palm Springs, Calif., to OTA Broadcasting for $17 million tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Kelsey.
WEEK ENDING OCT. 21
Station Trading Roundup: 3 Deals, $13M
KMIR, KPSE-LP & K29KF-D Palm Springs, Calif. — PRICE: $17,000,000 — BUYER: OTA Broadcasting LLC (Todd Lawyer, president/CEO) SELLER: Journal Broadcast Group Inc. (Steve Smith, CEO-chairman) BROKER: Kalil & Co. and Media Venture Partners FACILITIES: KMIR-TV: DTV Ch. 46, 120.000 kW, ant. 697 ft.; KPSE-LP: Ch. 50, 9.999 kW, ant. 554 ft.; K29KF-D: DTV Ch. 29, 1.000 kW, ant. 627 ft. AFFILIATION: KMIR-TV: NBC; KPSE-LP: MNT
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WKTV Utica, N.Y. — PRICE: $16,000,000 BUYER: Heartland Media LLC (Robert Prather, managing member) SELLER: Smith Media LLC (Ian Guthrie, VP-CFO-treasurer) FACILITIES: DTV Ch. 29, 708.000 kW, ant. 1.319 ft. AFFILIATION: NBC
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KMLN-LD Fort Collins, Colo. — PRICE: Donation BUYER: Catholic TV Apostolate (Chris Van de Sande, CEO) SELLER: Sande Family Trust (J.B.Van de Sande, trustee) FACILITIES: DTV Ch. 24, 7.500 kW, ant. 1,073 ft.
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