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HC2 acquires Northstar Media & Azteca America


The Frog

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HC2 Holdings, a diversified holding company, said Wednesday that its subsidiary, HC2 Network Inc., has acquired Azteca America, a Spanish-language broadcast network, from affiliates of TV Azteca, one of the two largest producers of Spanish-language television programming in the world. In addition, HC2 Network has signed a definitive acquisition agreement with Northstar Media for 19 television stations.

 

In combination with HC2’s previously announced acquisitions of a controlling equity interest in DTV America Corp., which currently carries Azteca video programming in 10 markets, and of the broadcasting assets of Mako Communications and its affiliates, Three Angels Broadcasting Network and other station licensees, the acquisition of the 19 Northstar television stations would expand HC2’s broadcasting network to 113 stations, including three full-power stations (inclusive of the channel-share agreement for KEMO San Francisco), 27 Class A stations and 83 LPTV stations, in more than 80 markets across the United States. In addition, the acquisitions increase HC2’s construction permits to 475, allowing for further buildout of coverage across the United States.

 

http://www.tvnewscheck.com/article/109251/hc2-acquires-azteca-america-19-stations

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La televisora del Ajusco just wants some cash, doesn't it...

 

Some of these stations are in dire straits, not even digital. KDFQ-LP has to find a new frequency because T-Mobile is going to light up 600 MHz in northern Arizona next month.

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