Telemundo Rio Grande Valley has acquired KTLM Harlingen-Weslaco-Brownsville-McAllen (TX) for $8.5 million. The seller is Sunbelt Multimedia Company.
KTLM is a Telemundo affiliate airing on channel 40 in DMA No. 88.
Larry Patrick, managing partner of Patrick Communications, brokered the transaction.
Patrick had been appointed the receiver of the struggling station's license in 2012.
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.
