Newport Television
Newport Television sells station
group for approximately $1.1 Billion

Since December 3rd, 2012, Newport Television and High Plains have announced the closing of the following transactions:

Cox Media Group closed on their purchase of WTEV (CBS) and WAWS (FOX) in Jacksonville, FL and KOKI (FOX) and KMYT (MNT) in Tulsa, OK.

Nexstar Broadcasting Group closed on their purchase of WIVT (ABC) and WBGH (NBC) in Binghamton, NY; WETM (NBC) in Elmira, NY; WPTY (ABC) and WLMT (CW) in Memphis, TN; WJKT (FOX) in Jackson, TN; KTVX ( ABC) and KUCW (CW) in Salt Lake City, UT; WSYR (ABC) in Syracuse, NY; WWTI (ABC) in Watertown, NY; KGPE (CBS) in Fresno, CA and KGET (NBC), KKEY (TEL), KLRT (FOX) and KASN (CW) in Little Rock, AR and EGET (CW) in Bakersfield, CA. Nexstar Broadcasting also purchased the Inergize Digital Media technology operations.

Sinclair Broadcast Group closed on their purchase of WOAI (NBC) in San Antonio, TX; WHP (CBS) in Harrisburg, PA; WKRC (CBS) and EKRC (CW) in Cincinnati, OH; WPMI (NBC) in Mobile, AL; WJTC in Pensacola, FL and KSAS (FOX) in Wichita, KS. Sinclair also acquired the rights to program and operate WLYH (CW) in Harrisburg, PA and KMTW (MNT) in Wichita, KS pursuant to local marketing agreements, as well as purchased the non-FCC assets for WHAM (ABC) and EHAM (CW) in Rochester, NY.

Newport and High Plains continue to own KMTR (NBC) and EMTR (CW) in Eugene, which is under a sales contract. Newport will continue to operate these markets until they are officially closed. We continue to own the license assets at WHAM (ABC) and EHAM (CW) in Rochester, NY, but have entered an agreement to sell these assets to Deerfield Media (Rochester) Licensee, LLC ("Deerfield"). Sinclair will operate these stations pursuant to Joint Sales and Shared Services Agreements until the sale to Deerfield is completed.

Shield Media, LLC closed on their purchase of WXXA (FOX) in Albany, NY.

The total value of these transactions, upon completion, is approximately $1.1 Billion.

Newport Television, LLC owns, operates, and programs or provides sales and other services to television stations located across the United States.

With decades of broadcast television experience, the Newport Television management team combines depth and breadth of experience with industry-leading technology innovation.


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