Coastal Television Broadcasting to Acquire WLOV Tupelo
Coastal Television Broadcasting has agreed to buy WLOV Tupelo. Tupelo Broadcasting is the seller. Terms of the deal, which is subject to regulatory approval, were not divulged.
WLOV is the Fox affiliate in DMA No. 133. It took in $2.6 million last year, according to BIA/Kelsey estimates.
Coastal Television also owns Fox affiliate KTBY in Anchorage, Alaska.
Last month, Heartland Media announced it was acquiring WTVA Tupelo, the local NBC affiliate, for $18.7 million.
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Michael Malone, senior content producer at B+C/Multichannel News, covers network programming, including entertainment, news and sports on broadcast, cable and streaming; and local broadcast television. He hosts the podcasts Busted Pilot, about what’s new in television, and Series Business, a chat with the creator of a new program, and writes the column “The Watchman.” He joined B+C in 2005. His journalism has also appeared in The New York Times, The Philadelphia Inquirer, Playboy and New York magazine.
By Kent Gibbons