Daystar Buys Knoxville Indie for $2 Million
The Daystar Television Network has agreed to buy WMAK Knoxville, Tenn. (DMA 59), from Knoxville Channel 7 LLC for $2 million, according to an FCC filing seeking approval of the deal.
Daystar is a Dallas-based religious broadcaster with a growing string of full- and low-power TV stations owned by Marcus D. Lamb and his wife, Joni. It's corporate and licensee name is World of God Fellowship.
Most recently, Daystar emerged as the top bidder at the bankruptcy auction of Equity Media stations, offering $7.4 million for seven full-power and nine low-power stations.
The full-power stations included in Daystar's Equity buy: WNGS Buffalo; WNYI Syracuse, N.Y.; KQUP Spokane, Wash.; KWBM Springfield, Mo.; KCBU-KNBX Salt Lake City; and WBIF Panama City, Fla.
South Central Communications Corp., headed by John D. Engelbrecht, also owns or manages 12 FMs and one AM is Indiana, Tennessee and Kentucky.