Viacom buys KCAL-TV

By John Eggerton
( Broadcasting & Cable )
published

Viacom Inc. Monday won the go-ahead for its $650 million purchase of KCAL-TV
Los Angeles from Young Broadcasting Inc.

The deal will give Viacom a duopoly in Los Angeles, where the company also
owns KCBS-TV.

Viacom also owns seven radio stations there, and it must sell one of them within
six months, regulators said.

Federal Communications Commission rules bar a TV duopoly from owning more
than six radio stations in the same market.

John Eggerton
John Eggerton

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.