By John Eggerton -- Broadcasting & Cable, 11/15/2006 10:19:00 AM MT
New Vision Television has struck a deal to buy WKBN-TV and low power WLFX,--both located in Youngstown, Ohio--from Piedmont Television Holdings.
The deal, subject to FCC approval, is expected to close first quarter 2007.
That makes four stations for New Vision, which bought WIAT(TV) Birmingham, Ala., and KIMT Mason city, Iowa, both CBS affiliates, for $35 million back in August.
CFO Eric Simontis says that the fact three of the first four stations were CBS affiliates is coincidence and the company is hunting for affiliate and geographic diversity in medium to large markets. It has offices in L.A. and Atlanta.
Look for more announcements in the next month. Simontis says they are in due diligence on a number of other stations.
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.
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
Akamai provides market-leading managed services for powering rich media, dynamic transactions, and enterprise applications online. Having pioneered the content delivery market one decade ago, Akamai's services have been adopted by the world's most...
more
Telestream products are used by the world's leading media and entertainment companies and corporations for transcoding and workflow automation. Telestream helps customers transform their media for multiplatform distribution to web, mobile, DVD...
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