TVs
By BroadCasting & Cable Staff -- Broadcasting & Cable, 3/4/2001 7:00:00 PM
KBPX(TV) Flagstaff/Phoenix, Ariz., and WPXS(TV) Mount Vernon, Ill./St. Louis
Price: $17.75 million (includes $15.1 million cash and $150,000 noncompete agreement
Buyer: Equity Broadcasting Corp. (EBC), Little Rock, Ark. (Larry E. Morton, president/0.9% owner; WinStar New Media Co. Inc., 63% owner [Stuart B. Rekant, president]); owns/controls five TVs, four FMs and three AMs; is buying construction permit to build KUTH(TV) Logan, Utah; has interest in KBCA(TV) Elk City/Oklahoma City, Okla. EBC's directors also are directors of Kaleidoscope Foundation Inc., which has applied to build 10 noncommercial TVs. Winstar owns 70% of KBPD(TV) La Grande/ Portland, Ore.; has CPs to build four TVs
Seller: Paxson Communications Corp., West Palm Beach, Fla. (Lowell W. "Bud" Paxson, chairman/owner; Jon Jay Hoker, president, TV group); owns/is buying 68 TVs, including KBPX(TV) Phoenix and KPPX(TV) Tolleson/Phoenix. Note: Paxson retains KBPX call letters but may not use them in Phoenix
Facilities: KBPX : ch. 13, 1 kW visual, ant. 1,778 ft.; WPXS : ch. 13, 302 kW visual, 30.2 kW aural, ant. 991 ft.
Affiliations: Both Pax TV
Broker: Paxson Communications Management Co. Inc. (seller; gets $1.775 million)
KMAZ(TV) Las Cruces/El Paso, N.M.
Price: $8 million cash
Buyer: Council Tree Communications VI LP, Longmont, Colo. (Mason Dearborn Capital Partners IV LP, 48.4% owner [John A. Canning Jr., president]; Alta Communications VIII LP, 20.3% owner [Timothy L. Dibble and Brian W. McNeill, each 25% managing members]; Arctic Slope Regional Corp., 1.3% owner, which invests for Native Americans under Alaska Native Claims Settlement Act, and Stephen C. Hillard, .96% owner). Arctic Slope and Hillard have interests in WWSI(TV) (formerly WACI ) Atlantic City, N.J./ Philadelphia and eight other Telemundo affiliates
Seller: Lee Enterprises Inc., Davenport, Iowa (Richard D. Gottlieb, president); no other broadcast interests
Facilities: Ch. 48, 79.4 kW visual, 7.9 kW aural, ant. 113 ft.
Affiliations: Telemundo
Brokers: Daniels & Associates (buyer); Kalil & Co. Inc. (seller)
KOZJ-TV-DT Joplin and KOZK-TV-DT Springfield, Mo.Price: $1.3 million (assumption of debt)
Buyer: Southwest Missouri State University, Springfield (Janice R. Dye, president); owns KSMS-FM Point Lookout and KSMU(FM) Springfield, Mo., and construction permit to build FM in West Plains, Mo.
Seller: Ozark Public Telecommunications Inc., Springfield (Sarah White, president); no other broadcast interests
Facilities: KOZJ : ch. 26, 51.3 kW visual, 5.13 kW aural, ant. 932 ft.; KOZK : ch. 21, 1,410 kW visual, 141 kW aural, ant. 1,791 ft.
Affiliations: Both PBS
No related content found.
-
No Top Articles
Featured Company
-
Digital Rapids
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, our solutions span the critical ..more
VIEW ALL GALLERIES
