Tweet

TVs

By BroadCasting & Cable Staff -- Broadcasting & Cable, 2/25/2001 7:00:00 PM

WNAC-TV Providence, R.I.

Price: $2.5 million cash

Buyer: LIN Television Corp., Providence (Gary R. Chapman, president, Hicks, Muse, Tate & Furst Inc., approximately 70% nonvoting owner); owns/is buying 20 other TVs

Seller: Sunrise Television Corp., St. Petersburg, Fla. (Robert N. Smith, owner); owns/is buying 11 TVs.

Smith is president/59% owner of Smith Broadcasting Partners LP, which is buying WPRI-TV Providence. He also owns

KEYT-TV-AM Santa Barbara, Calif.; 54.2% of Smith Broadcasting Group Inc., which controls three Alaska TVs; and 52% of company that owns 85% of WFFF-TV Burlington, Va. Smith also controls

KOLO-TV Reno, Nev., and WETM-TV Elmira and WKTV(TV) Utica, N.Y. Note: Because Providence lacks eight independent TV owners, Smith has to divest WNAC-TV (Changing Hands, Dec. 11, 2000). However, he retains right to repurchase WNAC-TV at any time for same price.

Facilities: Ch. 64, 3,720 kW visual, 372 kW aural, ant. 1,033 ft.

Affiliation: Fox

Tweet

Talkback

We would love your feedback!

Post a comment

» View All Talkback Threads

Related Content

• Topics
• Author
• Most Popular Pages

No related content found.

Also by this author

• Technology Leadership Summit 2011

• WGA Announces TV Noms

• Cable Ratings: 'Top Chef' Finale Draws 3.4 Million

• Leo Wolinsky Named Editor of Daily Variety

• CAB: Cable Ad Spending Grows to $18.7B in '09

Also by Staff Staff

Most Popular Pages

No Top Articles

• Resource Center
• Browse Categories
• Browse Companies

Featured Company

• Mixpo

  

  Mixpo is a video advertising technology provider that enables publishers, ad networks, and agencies to easily deliver dynamically tailored, interactive video ads that are customized in real-time for unique audience segments. Our platform also provides automatic multivariate testi..more

---

Most Recent Resources

• The New Normal for Promoting Tune-in
• Achieving Operational Freedom in Digital Media Workflows