Redwood Television Partners has agreed to acquire KVIQ Eureka (Calif.) from Sainte Partners II. The purchase price for the CBS affiliate, which also airs CW and MyNetworkTV programming on its subchannels, is $1.25 million.
The deal is subject to regulatory approval.
Robert Castro heads Sainte Partners II. Kalil & Co. brokered the transaction.
Eureka is DMA No. 195. KVIQ is the No. 3 revenue station there, according to BIA/Kelsey.
Broadcasting & Cable Newsletter
The smarter way to stay on top of broadcasting and cable industry. Sign up below.
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.
Thank you for signing up to Broadcasting & Cable. You will receive a verification email shortly.
There was a problem. Please refresh the page and try again.