Equity Media Holdings Corp., which operates both English- and Spanish-language stations in 41 markets, has sought bankruptcy protection, reports Bloomberg, which says the broadcaster defaulted on a $41.5 million loan.
Equity Media did not return a call at presstime.
Last month, Equity Media sold KWBF Little Rock to Nexstar for $4 million. It sold the digital channel RTN to Luken Communications in June.
Equity Media filed for Chapter 11 in Little Rock, Ark., reports Bloomberg, where it is based.
MSNBC launches in high definition June 29 following major overhauls to its New York City control room and Washington D.C. studio. View images of the new control room and screenshots of the new HD picture for dayside programming. (Photos courtesy of NBC Universal)
In this week's edition of B&C TechTalk, senior editor Glen Dickson discusses the HD OctoFlex Rugged computer system from 1 Beyond, which ABC-owned stations are finding durable and difficult to break in the field.
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