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Posts Tagged ‘KKEY’

Nexstar Broadcasting to Create Duopolies in Fresno, Bakersfield

Nexstar Broadcasting has completed its acquisition of three California stations from Newport Television: NBC affiliate KGET and Telemundo affiliate KKEY in Bakersfield and CBS affiliate KGPE in Fresno.

The $34.5 million transaction will create duopolies for Nexstar in both Fresno and Bakersfield, Calif. Nexstar announced plans to acquire NBC affiliate KSEE in Fresno last month.

“This transaction is consistent with our acquisition criteria as it further diversifies our operations, creates new duopoly markets and is financially accretive,” Nexstar president and CEO Perry A. Sook said in a statement.

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Nexstar Acquires Stations in California, Vermont

Nexstar Broadcasting has entered into definitive agreements to acquire three California stations from Newport Television and two Vermont stations from Smith Media, LLC.

Nexstar will pay Newport $35.4 million for KGPE, the CBS affiliate in Fresno; KGET, the NBC-CW affiliate in Bakersfield; and KKEY, the low-powered Telemundo affiliate in Bakersfield. In Vermont, Nexstar will join with Mission Broadcasting to acquire WFFF and WVNY, the Fox and ABC affiliates in Burlington, for $17.1 million.

“These transactions are consistent with our criteria for acquisitions that further strategically diversify our operations, create or present opportunities for virtual duopoly markets and which are financially accretive,” Nexstar chairman Perry Sook said in a statement.

Preparing to Launch Local Newscast, KXOF Hires Sports Anchor David Iniga

David Iniga has been hired as the first sports anchor at Entravision’s KXOF, the Fox-affiliate in Laredo, TX.

KXOF is preparing to launch a local newscast this Spring. Iniga will anchor sports for the 9 p.m. newscasts, as well as the 5 and 10 p.m. newscasts for KLDO, Entravision’s Univision affiliate.

Iniga was most recently a reporter for KGET-KKEY, the NBC and Telemundo affiliates in Bakersfield, CA. He will begin at KXOF on April 2.