The sale of KNIN Caldwell, Idaho, by Journal/Scripps Divestiture Trust to Raycom Media Inc. tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Kelsey.
WEEK ENDING MAY 18
Station Trading Roundup: 3 Deals, $14.9M
KNIN Caldwell, Idaho — PRICE: $14,500,000 BUYER: Raycom Media Inc. (Paul McTear, pres/CEO) SELLER: Journal/Scripps Divestiture Trust (Doug Kiel, member/manager of trustee) FACILITIES: DTV Ch. 10, 25.000 kW, ant. 2,684 ft. AFFILIATION: Fox
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WOTM-LP Montevallo, Ala. — PRICE: $370,000 BUYER: James D Earley SELLER: WOTM LLC (Michael Plaia, managing member) FACILITIES: Ch. 19, 12.600 kW, ant. 43 ft. AFFILIATION: IND
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KJNE-LP Jonesboro, Ark. — PRICE: $60,000 BUYER: Michael Reed SELLER: New Moon Communications LLC (Anthony Murray, receiver) BROKER: Minority Media and Telecommunications Council FACILITIES: Ch. 42, 14.800 kW, ant. 558 ft. AFFILIATION: TBN
Comments (2)
By Kim McAvoy says:
May 19, 2015 at 9:12 pm
I have met Mr. Reed a few times, and he is a sharp TV operator, a good lookin’ dude and drives a cool car!
By Kim McAvoy says:
May 19, 2015 at 9:12 pm
I have met Mr. Reed a few times, and he is a sharp TV operator, a good lookin’ dude and drives a cool car!