TVNewser LostRemote AgencySpy PRNewser FishbowlNY FishbowlDC SocialTimes AllTwitter AllFacebook InsideFacebook InsideSocialGames InsideMobileApps

Fisher Broadcasting to Buy KMTR, Create Duopoly

Fisher Broadcasting has agreed to purchase the Eugene, OR, NBC affiliate, KMTR, from Newport Television for $8.5 million.

The deal will make Fisher the owner of both the NBC affiliate (KMTR) and the CBS affiliate (KVAL) in the Eugene market and also includes a shared services agreement with Roberts Media.

Newport has been selling off its stations since Providence Equity Partners, the private investment firm that owns Newport Television, announced its plan in March to sell off Newport’s 56 stations.

The deal is pending FCC approval.

Mediabistro Course

Multimedia Journalism

Multimedia JournalismStarting September 25, learn how to create interactive packages with photos, audio, and video! Taught by a multiplatform journalist, Darragh Worland will teach you how to come up stories that would be best told in a multimedia format, and create original content for that package using photos, slideshows, and short video and audio pieces. Register now!