Viacom buys KCAL-TV - Broadcasting & Cable

Viacom buys KCAL-TV

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Viacom Inc. Monday won the go-ahead for its $650 million purchase of KCAL-TV
Los Angeles from Young Broadcasting Inc.

The deal will give Viacom a duopoly in Los Angeles, where the company also
owns KCBS-TV.

Viacom also owns seven radio stations there, and it must sell one of them within
six months, regulators said.

Federal Communications Commission rules bar a TV duopoly from owning more
than six radio stations in the same market.

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