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Sinclair Buys Las Vegas Station for $120 Million

Sinclair BroadcastSinclair Broadcast Group has announced it has entered into a definitive agreement to buy Las Vegas NBC affiliate KSNV for $120 million.

Since Sinclair already owns CW affiliate KVCW and MyNet affiliate KVMY in Las Vegas, the station group said it plans “to sell the FCC license and related assets (but not the programming) of one of the three stations in Las Vegas.” The NBC, CW and MyNet programming will then air on the remaining two stations. Sinclair didn’t provide any further details.

“We are pleased to add KSNV to our portfolio,” Steve Pruett, co-chief operating officer of  Sinclair’s TV group said in a statement. “With the addition of the station, our news footprint will cover all the major cities in the state of Nevada, allowing us to be a leading provider of local and regional news.”

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