Court Approves KNWS, KLDT Sale

By John Eggerton
( Broadcasting & Cable )
published

A
U.S. bankruptcy court has approved the sale of Johnson Broadcasting's KNWS-TV
Houston and KLDT-TV Dallas, both independents, to Una Vez Mas Holdings.

The
court ordered the sale of the assets Dec. 21, and according to the
court-appointed broker Kalil & Co., Una Vez Mas has signed a contract and
is filing an application with the FCC for transfer of the licenses.

Michigan-based
Johnson Broadcasting has no other broadcast interests, while Una Vez, headed by
Terry Crosby and Randy Nonberg, owns 37 TV stations, primarily Azteca
America-affiliated low powers.

KNWS
and KLDT are full power stations.

John Eggerton
John Eggerton

Contributing editor John Eggerton has been an editor and/or writer on media regulation, legislation and policy for over four decades, including covering the FCC, FTC, Congress, the major media trade associations, and the federal courts. In addition to Multichannel News and Broadcasting + Cable, his work has appeared in Radio World, TV Technology, TV Fax, This Week in Consumer Electronics, Variety and the Encyclopedia Britannica.