By John Eggerton -- Broadcasting & Cable, 2/7/2007 9:23:00 AM MT
CBS says it will sell four of its TV stations, plus a couple of low-power outlets, for $185 million to investment group Cerberus Capital Management. The deal is subject to FCC approval.
The stations--two CBS affiliates and two My Network TV affiliates--are KEYE-TV Austin, Tex.; KUTV Salt Lake City (plus satellite KUSG(TV) St. George, Utah; WLWC TV Providence, R.I.; and WTVX TV West Palm Beach, Fla., plus low powers WTCN-CA and WWHB-CA.
The sale continues CBS' strategy of selling off some of its smaller market TV and radio stations, including TV stations last year in Oklahoma, New Orleans, Columbus, and Indianapolis.
Fox Business Network begins broadcasting from its new high-tech Studio G, overlooking Manhattan from the 3rd floor of News Corp. headquarters, on April 20. B&C got an early peek at the new space.
A leader in online technology, content & revenue solutions, WorldNow is the only company to provide comprehensive technology platforms & strategic advertising services, enabling media companies to expand to the digital realm with innovative Web...
more
At Trylon SMR, we are dedicated Public Relations professionals solely serving clients in the media, technology, telecommunications, and related industries. We understand the specialized types of audiences our clients need to reach and the best...
more
Digital Rapids is the leading provider of professional hardware and software tools, technology and expertise for bringing video to wider audiences and new viewing platforms. Continuing to set new standards in quality, productivity and versatility...
more
Parks Associates is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates creates research capital for companies ranging from...
more
ESPN, Inc. is the world's leading multinational, multimedia sports entertainment company featuring a portfolio of over 50 multimedia sports assets. The company is comprised of six domestic television networks (ESPN, ESPN2, ESPN Classic, ESPNEWS...
more
