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

Journal Broadcast Group Closes Sale of KMIR, KPSE

journal broadcast group logoJournal Broadcast Group has closed the sale of two Palm Springs stations, NBC affiliate KMIR and MyNetworkTV affiliate KPSE, to OTA Broadcasting for $17 million in cash.

OTA Broadcasting, which is backed by Dell CEO Michael Dell, has been “buying up independent stations with an eye toward selling the spectrum back to the government in the FCC’s planned incentive auction,” according to a TVNewsCheck report when the sale was announced.

OTA, based in Fairfax, Va., expands their portfolio to 10 stations with the acquisition.

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!