New Bern/Jacksonville NC

Digity Acquires NextMedia

Update 10/28: The sale application for the NextMedia stations has been filed with the FCC. Digity will pay $84,972,500 for the 33 stations owned by NextMedia, while an additional $5,527,500 will go to the Mile High Station Trust for WFXF and WZSR. The latter two will be owned by Matrix Broadcasting run by Peter Handy, CEO of media broker Star Media Group and majority owner of Cohan Radio Group, which owns five stations in Sebring, FL. The two stations will have a shared services agreement with Digity in which Digity will supply technical, promotional, back office management, and other services related to the operation of the two stations. We also learned from the filing that Digity intends on completely folding GoodRadio.TV and Palm Beach Broadcasting into the new holding company. Original...[Read More]

FCC Applications 10/23: COL Change In Washington

With the FCC back in business we are able to resume our irregular roundup of applications from around the industry. CBS has applied to change the city of license of its “El Zol 107.9” WLZL Annapolis, MD to College Park. No facility change is connected to the application, but there could be additional ramifications. Despite the station operating in the CBS Washington cluster, Annapolis is located in the Baltimore market and WLZL currently counts towards CBS’ ownership limit in Baltimore. When CBS acquired the 107.9 facility in 2011 it had to relicense its 99.1 from Annapolis to Bowie in the Washington market to fit 107.9 in its market cap. Could this move be a predecessor to CBS adding an additional FM in Baltimore? FM Idaho has requested a facility swap of its 99.1 KINF-F...[Read More]