Five station groups have undertaken a station swap similar to what happens at the trading deadline in professional sports. This time, though, the moves affect hundreds of people.
Media General and LIN Media, looking to comply with Federal regulations over ownership rules have initiated a TV station swap involving Sinclair Broadcast, Meredith and Hearst Corporation.
Here’s the breakdown:
Sinclair will buy from Media General: Providence NBC affiliate WJAR
Sinclair will buy from LIN Media: Green Bay FOX affiliate WLUK, Green Bay CW affiliate WCWF and certain assets of Savannah, GA, FOX affiliate WTGS and the rights to acquire the principal assets of WTGS, which is operated by LIN but owned by WTGS Television, LLC.
Media General will sell to Hearst: Birmingham, AL NBC affiliate WVTM.
LIN Media will sell to Hearst: Savannah, GA ABC affiliate WJCL.