E-mail | Print | Share | Back to Home

For full, free access to TVNewsday.com, register today. It's fast, easy and free. If already registered, click here to log in.

DMA 154

FCC OKAYS SALE OF KTBY ANCHORAGE FOR $3.2M

By Staff

TVNEWSDAY, Mar 13 2008, 12:35 PM ET

The FCC today announced that it has approved Piedmont Television's sale of KTBY, the Fox affiliate in Anchorage, Alaska, to Coastal Television Broadcasting Co. for $3.2 million and the assumption of liabilities. KTBY is the last of Piedmont stations to find a buyer.

Piedmont, headed by Paul Brissette, purchased KTBY in 2003 for $4.5 million. It announced the sale and filed for FCC approval last August.

Story continues after the ad

Coastal is wholly owned by William A. Fielder, the Piedmont CFO.

Piedmont has sold or is in the process of selling the following stations:

KSPR Springfield, Mo.
WJCL Savannah, Ga.
WGXA Macon, Ga.
WFXI Morehead City, N.C.
WYDO Greenville, N.C.
WAAY Huntsville-Decatur-Florence, Ala.
WKBN Youngstown, Ohio
WGXA Macon, Ga.
KTVE Monoe, La.-ElDorado, Ark.

This article can be found online at: http://www.tvnewsday.comhttp://www.tvnewsday.com/articles/2008/03/13/daily.8/.
Please visit http://www.tvnewsday.com/ for more on this and other breaking news concerning the TV broadcasting industry.