The sale of KGWC Casper, KGWL Lander and two satellites, all in Wyoming by Mark III Media to Gray Television tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA/Kelsey.
WEEK ENDING FEB. 19
Station Trading Roundup: 5 Sales, $22.4M
KGWC Casper, KGWL Lander, KGWR Rock Springs, K16AE-D Gillette, K28KM-D Clareton, all Wyoming — PRICE: $15,716,667 BUYER: Gray Television (Hilton Howell, Jr, pres/CEO/vice chair) SELLER: Mark III Media Inc (Mark Nalbone, secretary, treasurer) FACILITIES: KGWC-TV: DTV Ch. 14, 53.300 kW, ant. 1,844 ft.; KGWL-TV: DTV Ch. 7, 14.300 kW, ant. 371 ft.; KGWR-TV: DTV Ch. 13, 14.200 kW, ant. 1,624 ft.; K16AE-D: DTV Ch. 16, 1.200 kW, ant. 407 ft.; K28KM-D: DTV Ch. 28, 1.120 kW, ant. 538 ft. AFFILIATIONS: KGWC-TV: CBS; KGWL-TV: CBS; KGWR-TV: CBS; K16AE-D: ABC; K28KM-D: CBS
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KFNE Riverton, KLWY Cheyenne, KFNR Rawlins, KFNB, KWYF-LD Casper, K11RN-D, K09XL-D Douglas, all Wyoming — PRICE: $3,283,333 BUYER: Legacy Broadcasting LLC (Sherry Nelson, president) SELLER: Wyomedia Corporation (Madeline Gussman, sole shareholder) FACILITIES: KFNE-TV: DTV Ch. 10, 11.300 kW, ant. 1,726 ft.; KLWY-TV: DTV Ch. 27, 169.000 kW, ant. 761 ft.; KFNR-TV: DTV Ch. 9, 0.978 kW, ant. 168 ft.; KFNB: DTV Ch. 20, 52.400 kW, ant. 1,837 ft.; KWYF-LD: DTV Ch. 27, 3.300 kW, ant. 1,828 ft.; K11RN-D: DTV Ch. 11, 0.160 kW, ant. -69 ft.; K09XL-D: DTV Ch. 9, 0.057 kW, ant. -39 ft. AFFILIATIONS: KFNE-TV: FOX; KLWY-TV: FOX; KFNR-TV: FOX; KFNB-TV: FOX; KWYF-LD: Me; K11RN-D: ABC; K09XL-D: Me
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WPSJ-CD Hammonton, N.J. — PRICE: $1,700,000 BUYER: HC2 Holdings Inc (Philip Falcone, chairman/president/CEO) SELLER: Prime Time Partners LLC (José Rodriguez, managing member) FACILITIES: DTV Ch. 27, 8.500 kW, ant. 509 ft. AFFILIATION: INS
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BRAND CONNECTIONS
KTWO Casper, K47AD-D Cody, K13NZ-D, K35CV-D Shoshoni, K17JZ-D Bondurant, K22CI-D Lander, K26LW-D Sheridan, K30MX-D Wyodak, KKTQ-LD Casper, all Wyoming — PRICE: $1,500,000 BUYER: Legacy Broadcasting LLC (Sherry Nelson, president) SELLER: Silverton Broadcasting Company (Barry Silverton, president) FACILITIES: KTWO-TV: DTV Ch. 17, 52.900 kW, ant. 1,837 ft.; K47AD-D: DTV Ch. 47, 1.200 kW, ant. 1,549 ft.; K13NZ-D: DTV Ch. 13, 0.140 kW, ant. 1,732 ft.; K35CV-D: DTV Ch. 35, 0.880 kW, ant. 1,677 ft.; K17JZ-D: DTV Ch. 17, 0.491 kW, ant. 846 ft.; K22CI-D: DTV Ch. 22, 0.940 kW, ant. 345 ft.; K26LW-D: DTV Ch. 26, 1.430 kW, ant. 1,037 ft.; K30MX-D: DTV Ch. 30, 1.200 kW, ant. 367 ft.; KKTQ-LD: DTV Ch. 16, 1.000 kW, ant. 167 ft. AFFILIATIONS: KTWO-TV: ABC; K47AD-D: ABC; K13NZ-D: ABC; K35CV-D: ABC; K17JZ-D: CBS; K22CI-D: ABC; K26LW-D: ABC; K30MX-D: ABC; KKTQ-LD: ABC
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WFWC-CD Fort Wayne, Ind. — PRICE: $225,000 BUYER: HC2 Holdings Inc (Philip Falcone, chairman/president/CEO) SELLER: Tran Star LLC (Keith Burwell, president/CEO) FACILITIES: DTV Ch. 16, 0.876 kW, ant. 361 ft. AFFILIATION: 3AB
Comments (1)
Cheryl Thorne says:
February 20, 2018 at 7:05 pm
Some companies are getting way overleveraged based on thier stock price…Just saying!!!