Weekly Station Trading Roundup

New York LPTV Goes For $2 Million

Sale of WBQM-LD was one of five TV stations deal submitted to the FCC for its approval during the weeks ending Feb. 6 and Feb. 13, according to BIA/Kelsey.
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California

K13IU Eagleville

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Price: $1

Buyer: OpenSkyRadio Corp (Jeffrey Cotton, director)

Seller: Surprise Valley Unified School Dist (Michael Ray, principal, SHHS)

Facilities: Ch. 13, 0.089 kW, ant. 157 ft.

Brand Connections

Comment: Surprise Valley Unified School District's K13IU/Eagleville, CA to OpenSkyRadio Corp for $1.

 

Missouri

K16KF-D and K26LV-D St Joseph

Price: $72,000

Buyer: News-Press & Gazette Company (Brian Bradley, president)

Seller: DTV America 1 LLC (John Kyle II, manager)

Facilities: K16KF-D: Ch. 16, 15 kW, ant. 495 ft.; K26LV-D: Ch. 26, 15 kW, ant. 479 ft.

Comment: DTV America Corp.'s CPs for K16KF-D & K26LV-D St Joseph, MO for $36K each, or a total of $72K for both.

 

New York

WBQM-LD New York

Price: $2 million

Buyer: Buenavision TV Network NY LLC (Carlos Barba, president)

Seller: Fox, Craig

Facilities: DTV Ch. 50, 1.7 kW, ant. 860 ft.

AFFILIATION: CTV

Comment: Craig Fox's Renard NY Broadcasting Inc's WBQM-LD New York, NY to Buenavision TV Network NY LLC for $2 million. $125K escrow deposit.

 

Oregon

K21AI Camas Valley

Price: No monetary consideration

Buyer: Chambers Communications Corp (William Chambers, secretary)

Seller: Camas Valley Grange No. 521 (Gladys Milton, grange master)

Facilities: Ch. 21, 0.28 kW, ant. 939 ft.

Affiliation: ABC

Comment: Camas Valley Grange No. 521's K21AI/Camas Valley, OR to Chambers Communications Corp's KEZI Inc in exchange for maintaining the facility for the community of Camas Valley, OR.

 

Wyoming

K51AK Cody

Price: No consideration

Buyer: Max Media LLC (VA) (John Trinder, president/COO)

Seller: Park County (Michael Conners, CIO)

Facilities: Ch. 51, 1.18 kW, ant. 1,573 ft.

Affiliation: NBC

Comment: Park County's K51AK Cody, WY to Max Media LLC's MMM License II LLC for no consideration.

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Comments (4) -

David Schutz Nickname posted over 5 years ago
In 2007 there was an aborted $8 Million sale of this station to Equity Broadcasting, that later went bankrupt. In 2011, another sale was proposed for $5.25 Million, and that didn't close. The newest deal is for $2 Million. Does this steady downward spiral in price indicate the declining fortunes of major market LPTV's in ethnically diverse markets?
Roger Thornhill Nickname posted over 5 years ago
That LPTV stations are selling at all tells me that there is still a future for this service--that there are still people who consider low power television worth investing in. But being on channel 50 puts WBQM right in the crosshairs of where the FCC wants to take spectrum for broadband. And it's hard to say in market #1 if there is any other channel it can move to. But I think the FCC's repacking plan and the lack of any information from them on how they propose to do it as well as a still weak economy has depressed station valuations of all classes, including full-powers.
TVRFPE Nickname posted over 5 years ago
Sandwiched between full-power non-comms WEDW Bridgeport and WNJN Montclair, on the adjacent channels, this is an inherently limited facility that can't achieve the signal density needed to reach indoor antennas in much, if not most, of the NYC market. Value accordingly.
David Schutz Nickname posted over 5 years ago
I stand corrected. The 2007 proposed, but later aborted, $8 Million sale of WBQM also included a second NY station: WMBQ. According to the FCC's CDBS, WMBQ was sold (closed) in November 2011 for $5.7 Million. As a result, the value of the two stations combined is $7.7 Million, close to the $8 Million 2007 deal with Equity.
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Ratings

Overnights, adults 18-49 for September 22, 2016
  • 1.
    4.0/14
  • 2.
    1.7/6
  • 3.
    1.3/5
  • 4.
    0.9/3
  • 5.
    0.6/2
  • 6.
    0.3/1
Source: Nielsen

Reviews

  • Rob Owen

    Easily fall’s best broadcast network comedy pilot, NBC’s The Good Place offers a clever high-concept premise that’s complemented with intelligent, sometimes absurdist humor. Created by Michael Schur, co-creator of NBC’s Parks and Recreation, The Good Place is a highly serialized series that’s essentially set in heaven and stars Kristen Bell and Ted Danson. NBC made five episodes of The Good Place available for review, and the show not only holds up, but also it improves, deepening characters that initially feel one-note and frequently leaving viewers guessing with cliffhanger endings to many of the episodes. The combination of snappy dialogue and winning but flawed characters makes The Good Place a great bet for fans of smart TV comedy.

  • Maureen Ryan

    Pitch has swagger, for good reason. It gets the big things right; the Fox drama about the first female baseball player in the Major Leagues is one of the year’s most assured and exciting debuts. But part of what impresses about the pilot is also the way it confidently strings together so many small but telling details. Ginny (Kylie Bunbury) is the first woman to be called up from the minors to the big leagues, and no show since Friday Night Lights has done a better job of portraying the internal and external pressures that weigh heavily on young athletes asked to do much more than merely succeed on the field. Pitch will likely do a good job of getting viewers to root for it. The hope is that the show won’t be an impressive, short-lived curiosity, but rather a long-term phenomenon.

  • Kevin Fallon

    In a fall TV season that’s already making a splash for championing diverse, distinctive voices in an array of projects that they created, wrote, and starred in, Better Things on FX stands out. The show is created by, written by, and starsPamela Adlon. She plays Sam Fox, the single mother of three daughters modeled after her own reality-show-ready experience raising three girls in Los Angeles following a divorce. Sam is also, like Adlon, a working actress — on shows both raunchy, a la Californication, and animated for children, like her role on Recess. It’s a refreshingly blunt take on single motherhood without sacrificing the warmth of parental love, portraying the dance between selfishness and selflessness that’s at the heart of being a parent — especially one weathering the hormonal fireworks of a household of four women at different ages.

  • David Wiegand

    The fall TV season doesn’t count as much as it used to — we already know that. But no matter how many retreads the broadcast networks throw at viewers in the next few months, this fall will be memorable because of the premiere of Atlanta on Tuesday, Sept. 6, on FX. The half-hour comedy created by and starring Donald Glover (Community), simply and brilliantly recalibrates our expectations of what a TV comedy is and how black lives are portrayed on the medium.

  • Louisa Ada Seltzer

    The second reboot of the 1980s John Candy movie Uncle Buck, bumped by ABC from midseason, has the same tired jokes you'll find on any second-rate sitcom. Too bad, because Mike Epps is appealing and ABC would be wise to keep him around for future shows, but there’s just not enough to this show to suggest it will last past summer. It also airs against NBC’s America’s Got Talent, summer’s No. 1 program on broadcast, which may make it even harder to find an audience.

  • Neil Genzlinger

    Bryan Cranston brings his Tony Award-winning interpretation of President Lyndon B. Johnson to television in an adaptation of the Robert Schenkkan play All the Way, and it’s still quite a sight to behold, just as it was on Broadway in 2014. Nothing beats witnessing this kind of larger-than-life portrayal onstage, of course. But the television version, presented by HBO, offers plenty of rewards, allowing Cranston to work the close-ups and liberating him from the confines of a theater set. Cranston’s performance is a gem — in his hands, this accidental president comes across as an amazing bundle of contradictions, someone who seems at once too vulgar for the job and just right for it.

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