WXmanTim 88 Posted August 27, 2012 Share Posted August 27, 2012 The Beaumont Enterprise and and online investment website are both reporting that Nexstar has sold KBTV, their Fox-affiliated station in Beaumont, to Deerfield Media, Inc. Deerfield, you'll recall, was recently announced as the new owner of Sinclair's KMYS-San Antonio so the company could complete a purchase of WOAI from Newport. Sinclair already owns KFDM, the CBS affiliate in the market (acquired as part of the Freedom Broadcasting group). It's expected the two stations will be operated under a LMA. Link to comment Share on other sites More sharing options...
ColumbusNewsFan 217 Posted August 27, 2012 Share Posted August 27, 2012 Not surprised at that move by Nexstar. At least KBTV is going to be ran but little bit more better company. I mean with Sinclair's buying spree... I have to wonder how is there money flow at this point? Because, I'm just seeing debt every time they acquire a station I know station don't come cheap. Link to comment Share on other sites More sharing options...
Mrtraveler01 737 Posted August 31, 2012 Share Posted August 31, 2012 Not surprised at that move by Nexstar. At least KBTV is going to be ran but little bit more better company. I mean with Sinclair's buying spree... I have to wonder how is there money flow at this point? Because, I'm just seeing debt every time they acquire a station I know station don't come cheap. This just means that Sinclair will cut even more corners and go even more cheaper with everything than they already do. Link to comment Share on other sites More sharing options...
Samantha 2878 Posted September 2, 2012 Share Posted September 2, 2012 Two companies will now own all four networks in Beaumont. Link to comment Share on other sites More sharing options...
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