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Pamal sells out in Gainesville

Kmagrill said:
jmtillery said:
It is my opinion that if you pull WTMG, WKZY and WHHZ out of the equation, you have a group operating at a capital loss.
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I'd bet KZY and HHZ are not doing much better than break even. Obvioulsy, the dollars must be way down on WTMG, too.
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I tend to agree with you that sales is down across the board for the entire cluster. Historically, WTMG was the lone money maker for the group. Apparently that is no longer the case.
 
Jeff said:
The FCC has approved the sale as of today.
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Thank you for the update. Normally, provided there are no problems, 60-days is the approximate norm for the FCC to approve a license transfer, and it has been about two months since the Pamal station sale was first announced.
 
jmtillery said:
Jeff said:
The FCC has approved the sale as of today.
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Thank you for the update. Normally, provided there are no problems, 60-days is the approximate norm for the FCC to approve a license transfer, and it has been about two months since the Pamal station sale was first announced.
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Yes, but for SEVEN of them? These guys must have had their ducks perfectly lined up in a very neat row to get all 7 done without any hiccups! Thats a lot of paperwork, I'm impressed.
 
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