Ellis Closes on KDOC
Broker Kalil & Company says the sale has officially closed for Pat Boone and company's KDOC Los Angeles (Irvine, Calif.).
Boone's Golden Orange Broadcasting, co-owned with two other partners, sold the UHF station (channel 32) to Ellis Communications for $149.5 million.
The Atlanta-based Ellis is headed by Bertram Ellis Jr. and backed by private-equity firm Kelso & Co.
Not surprising for a station with Pat Boone in the front office, KDOC, which went on the air in 1982, has programmed mostly "family" fare, primarily older off-net programming including Matlock, Cosby Show and Perry Mason.
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Contributing editor John Eggerton has been an editor and/or writer on media regulation, legislation and policy for over four decades, including covering the FCC, FTC, Congress, the major media trade associations, and the federal courts. In addition to Multichannel News and Broadcasting + Cable, his work has appeared in Radio World, TV Technology, TV Fax, This Week in Consumer Electronics, Variety and the Encyclopedia Britannica.