Byron Allen’s Allen Media Broadcasting closed a deal this week to acquire 11 broadcast TV stations from USA Television Holdings LLC and USA Television MidAmerica Holdings LLC.
The total deal had Allen Media Broadcasting, a division of Entertainment Studios, paying $305 million for the 11 stations. The stations include network affiliates for ABC, CBS, NBC, and FOX.
“These stations are dedicated to their local communities and this transaction will enable them to become even stronger on both their broadcast and digital platforms,” said USA Television CEO Robert Prather, Jr. in a press release.
“Over the past six months we’ve invested nearly $500 million to acquire best-in-class, top-tier, broadcast network affiliates,” said Allen, founder, chairman and CEO of Entertainment Studios. “We plan to invest approximately $10 billion to acquire ABC, CBS, NBC and Fox television stations over the next three years with the goal of being one of the largest broadcast television groups in America.”
These are the stations acquired by Entertainment Studios in the deal.
- WAAY WAAY-D2
Ft. Wayne, IN
- KEZI KEZI-D2 KEZI-D3
- KNVN KNVN-DT2 KHSL KHSL-D2 KHSL-D5
- WTVA WLOV* WTVA-D2
Columbus-Tupelo-West Point, MS
- KDRV KRDV-D2
Medford-Klamath Falls, OR
- KIMT KIMT-D2 KIMT-D3
Rochester, MN – Mason City, IA – Austin, MN
- WTHI WTHI-D2 WTHI-D3
Terre Haute, IN
- WLFI WLFI-D2 WLFI-D3
Did you know we have a YouTube Channel? Every week we have a live Cord Cutting Q&A, and weekly Cord Cutting recap shows exclusively on our YouTube Channel!