Several TV station sales involving Raycom, Sinclair, Landmark, others

[jal41]

This was a big past few days for station sales. In addition to the WTVJ deal, several others were announced.

http://www.wtvr.com/Global/story.asp?s=8546302

WTVR Richmond was sold to Sinclair. Raycom had to sell the station when they acquired WWBT from Lincoln Financial. Sinclar will have to sell WRLH to a holdings group, but will continue to operate the station under an LMA.

http://www.broadcastingcable.com/article/CA6578295.html

WTVF Nashville was sold to Bonten Media Group. This comes after Landmark sold The Weather Channel. No word on Landmark's other station, KLAS Las Vegas.

http://www.broadcastingcable.com/article/CA6578711.html

Oak Hill (a.k.a. Local TV) has consumed the deal involving the eight (now former) Fox O&O's.

http://www.broadcastingcable.com/article/CA6579078.html

Hoak Media has consumed the deal involving WMBB Panama City and KALB Alexandria, which were acquired from Media General.

 

[mescutia]

I think the word you're looking for is "consumated", not "consumed".

 

[DToTheJ]

WTVF Nashville was sold to Bonten Media Group...

"Bonten operates 16 full-power, low-power and digital-TV stations in eight markets. The company is a partnership between private-equity outfit Diamond Castle Holdings and Randall D. (Randy) Bongarten, a veteran broadcasting executive and former president of Emmis Television."

Talk about letting your "gar" down...