OTA Broadcasting, a subsidiary of computer pioneer Michael
Dell's MSD Capital firm, has acquired low-power WYCN, licensed to Nashua and
airing in the Boston DMA, for $4.1 million. The seller is Bill Binnie's
WYCN is known as TV-13 Nashua and offers the tagline
"My Family TV." WBIN, based in Derry, will continue to manage and
program WYCN out of the WBIN studios.
"This kind of extraordinary profit shows we are on the
right track," said Mark Graham, CFO of WBIN-TV.
Earlier this year, OTA Broadcasting agreed to acquire WLCW
Providence, a CW affiliate, from Sinclair for $13.75 million. Last year, it
picked up KVOS in Bellingham, Wash.
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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.