Shreveport, La., is getting a new duopoly.
Paxson Communications Corp. is selling its KPXJ(TV) Minden, La. (part of the
Shreveport DMA), to KTBS Inc. for $10 million. KTBS is the ABC affiliate in
Shreveport with which Paxson has had a joint sales agreement.
Paxson chairman Bud Paxson said the deal was further evidence of the
continued interest in his stations, "heightened by the [Federal Communications
Commission's] new rules."
The FCC June 2 loosened its duopoly rules, allowing two-station combinations
in many more markets.
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.
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