Yellowstone Buys Laredo, Cheyenne Stations for $20.5 Million

By Michael Malone
( Broadcasting & Cable )
published

Yellowstone Holdings, a new local TV group out of California, has agreed to acquire KGNS Laredo and KGWN-KSTF-K19FX-D Cheyenne (Wyo.)-Scottsbluff (Neb.) for $20.5 million. The seller is SagamoreHill Broadcasting, a group headed by Louis Wall.

KGNS is an NBC affiliate in DMA No. 184. KGWN, KSTF and K19FX-D air CBS in DMA No. 195.

Kalil & Co. brokered the transaction, which is subject to regulatory approval.

Michael Malone
Michael Malone

Michael Malone, senior content producer at B+C/Multichannel News, covers network programming, including entertainment, news and sports on broadcast, cable and streaming; and local broadcast television. He hosts the podcasts Busted Pilot, about what’s new in television, and Series Business, a chat with the creator of a new program, and writes the column “The Watchman.” He joined B+C in 2005. His journalism has also appeared in The New York Times, The Philadelphia Inquirer, Playboy and New York magazine.