Television: Newsmakers Nov. 24, 2010

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TVNewsCheck.com:

SJL Holdings is paying ABC a combined $30 million for WJRT Flint, Mich. (DMA 69), and WTVG Toledo (DMA 70), Ohio, according to an FCC filing seeking approval of the stock transfer deal. Upon closing, ABC will get $16.8 million for WTVG and $13.2 million for WJRT. ABC had announced the sale earlier this month as part of a strategy to focus on large market stations. SJL is headed by George Lilly and his son, Brian. It also runs an ABC-CBS duopoly in Erie, Pa. (WICU and WSEE), and the ABC affiliate in Elmira, N.Y. (WENY)... Price on ABC's Toledo and Flint TVs: $30M (Wed, 11/24)

 

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About this Entry

This page contains a single entry by Mike Austerman published on November 24, 2010 9:13 PM.

West Michigan: Newsmakers Nov. 24, 2010 was the previous entry in this blog.

Metro Detroit: Newsmakers Nov. 24, 2010 is the next entry in this blog.

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