The sale of Sinclair’s ABC affiliate WLAJ Lansing, Mich., to Sheldon H. Galloway for $14.35 million tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Kelsey.
WEEK ENDING OCT. 23
Station Trading Roundup: 7 Deals, $18 Million
WLAJ Lansing, Mich. — PRICE: $14.35 million BUYER: Sheldon H. Galloway SELLER: Sinclair Broadcast Group Inc. (David Smith, president/CEO) FACILITIES: DTV Ch. 51, 900 kW, ant. 984 ft. AFFILIATION: ABC
WRBJ (DT) Magee, Miss. — PRICE: $1.5 million BUYER: Trinity Broadcasting Network Inc (Paul Crouch, president) SELLER: Roberts Broadcasting Companies, DIP (Steven Roberts, president) FACILITIES: DTV Ch. 34, 968 kW, ant. 1,229 ft. AFFILIATION: CW BROKER: Media Venture Partners
WMWC Galesburg, Ill. — PRICE: $1.125 million BUYER: Trinity Broadcasting Network Inc (Paul Crouch, president) SELLER: Northwest Television Inc (Bruce Fox, president) FACILITIES: DTV Ch. 8, 23 kW, ant. 1,083 ft. AFFILIATION: TBN
KNUC-LP McAllen, Texas — PRICE: $600,000 BUYER: Eduardo S. Gallegos SELLER: Jil Production Group LLC (Jose Larraga, president) FACILITIES: DTV Ch. 44, 15 kW, ant. 988 ft. AFFILIATION: DRK
WJCN-CA La Grange, Ga. — PRICE: $365,000 BUYER: Community Network Television LLC (Carey Carroll, managing member) SELLER: Georgia-Alabama Broadcasting Inc (Sara Beth Mallory, treasurer) FACILITIES: DTV Ch. 33, 23.9 kW, ant. 331 ft. AFFILIATION: IND
KSBT-LD Santa Barbara, Calif. — PRICE: $190,000 BUYER: R&C Media Group Inc DBA WCETV (Billy Chung, president) SELLER: Arnold N. Applebaum FACILITIES: DTV Ch. 32, 1.61 kW, ant. 938 ft. AFFILIATION: IND
BRAND CONNECTIONS
W24DL-D Saginaw, Mich. — PRICE: No consideration BUYER: Three Angels Broadcasting Network Inc (James Gilley, president) SELLER: Yoneide S. Dinzey FACILITIES: DTV Ch. 24, 2.33 kW, ant. 269 ft. AFFILIATION: REL
For earlier weekly station trading roundups, click here.
Comments (1)
Casey Cotton says:
October 23, 2012 at 5:19 pm
Congratulations Sheldon!