Sinclair Broadcast Group, Inc. (SBGI) announced that it has closed on the previously announced acquisitions of certain television stations and, in a new announcement, purchased WHAM-TV (ABC) in Rochester, NY from Newport Television LLC for $54.0 million.
The company stated that the stations acquired in the transactions that have closed, effective December 1, 2012, are WTTA (MNT) Tampa, Florida previously operated by Sinclair pursuant to a local marketing agreement and KBTV (FOX) Beaumont/Port Arthur, Texas market previously owned by Nexstar Broadcasting.
Sinclair also said it has acquired Newport's rights under the local marketing agreements with WLYH (CW) in Harrisburg, PA and KMTW (MNT) in Wichita, KS, as well as options to acquire the license assets.
The company also closed on agreements with Deerfield Media, Inc., selling Deerfield the license assets of Sinclair's station in San Antonio (KMYS CW), and Sinclair's station in Cincinnati (WSTR MY), as well as the license assets of WPMI and WJTC in the Mobile/Pensacola market and KBTV in Beaumont.
Sinclair said it will provide sales and other non-programming services to each of these five stations pursuant to shared services and joint sales agreements.
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