Friday, July 19, 2013

Rumors Abound in Looming Allbritton Sale

Could Nexstar be willing to sale KARK to get its hands on KATV?  Well it could be the plan. Days ago NBC execs were in town visiting the station and rumor has it Nexstar could be selling the station so it can get it hands on the Little Rock market leader KATV.  KATV along with all other Allbritton tv properties are up for sale and coming on Monday we will find out just who is bidding for the stations.  TV Newscheck reports there will likely be two bidders.  WJLA/Channel 7/Washington DC will likely be sold separately as it is Allbritton's biggest broadcast property.  

TV Newscheck speculates, "Other possible bidders for Allbritton (possibly including WJLA), are Sinclair, Nexstar, Hearst, LIN, Meredith, Raycom, Scripps and Tribune. A key consideration is the duopoly potential in Allbritton's other markets: Birmingham, Ala. (DMA 42), Harrisburg, Pa. (DMA 43), Little Rock, Ark. (DMA 56), Tulsa, Okla. (DMA 59), Roanoke, Va. (DMA 68), and Charleston, S.C. (DMA 98). "

We will have to wait and see, it should be interesting.