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Banks Cashes in on KSCW
July 20, 2007
Marci Burdick has confirmed: Schurz has bought KSCW Wichita from Banks Broadcasting for $6.8 million. The deal gives Schurz a duopoly in Wichita; it also owns market leader CBS affiliate KWCH, which it bought from Media General for $73 million last year.
By the way, that same $6.8 mil would buy the House of the Week in today's Wall Street Journal--a 7,400 square foot waterfront Spanish Mediterranean with six bedrooms in Miami Beach. Jack Nicklaus designed the putting green.
Posted by Mike Malone on July 20, 2007 | Comments (1)
