Station Trading Roundup: 7 Deals, $18 Million

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.

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


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.

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Casey Cotton says:

October 23, 2012 at 5:19 pm

Congratulations Sheldon!