Rio Grande Valley PBS Station Sold For $8.5 Million
MB Revolution, fronted by Roberto Gonzalez, is acquiring KMBH Harlingen for $8.5 million.
RGV Educational Broadcasting is the seller; Robert Gutierrez is the president and CEO of RGV. RGV is an abbreviation of Rio Grande Valley.
KMBH is the PBS station in Harlingen-Weslaco-Brownsville-McAllen, the Texas-Mexico border market. It is DMA No. 86.
Gutierrez did not return calls for comment.
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Michael Malone is content director at B+C and Multichannel News. He joined B+C in 2005 and has covered network programming, including entertainment, news and sports on broadcast, cable and streaming; and local broadcast television, including writing the "Local News Close-Up" market profiles. He also hosted the podcasts "Busted Pilot" and "Series Business." His journalism has also appeared in The New York Times, The L.A. Times, The Boston Globe and New York magazine.