WEEK ENDING MAY 18

Station Trading Roundup: 3 Deals, $14.9M

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.

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)

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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!


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