Byron Allen’s Entertainment Studios acquires 11 local TV channels for $ 305 million – deadline

Allen Media Broadcasting, a division of Byron Allen’s Entertainment Studios, announced on Tuesday that it has completed the acquisition of 11 television stations from USA Television Holdings LLC and USA Television MidAmerica Holdings LLC (collectively, USA TV) for $ 305 million.

“These stations are dedicated to their local communities and this transaction will allow them to become even stronger on their broadcast and digital platforms,” said Robert Prather, Jr., CEO of USA Television.

Allen added that his company is committed to expanding its broadcast holdings.

“Over the past six months, we’ve invested nearly $ 500 million to acquire the best-in-class broadcast affiliate networks,” said Allen, Founder, President and CEO of Entertainment Studios. “We plan to invest approximately $ 10 billion to acquire ABC, CBS, NBC and Fox television stations over the next three years with the goal of being one of the largest broadcast television groups in America. “

Here are the newly acquired stations and their markets:

PATH PATH-D2
Huntsville-Decatur-Florence, AL

WFFT
pi. Wayne, IN

KEZI KEZI-D2 KEZI-D3
Eugene, OR

KNVN KNVN-DT2 KHSL KHSL-D2 KHSL-D5
Chico-Redding, California

WTVA WLOV * WTVA-D2
Columbus-Tupelo-West Point, MS

KDRV KRDV-D2
Medford-Klamath Falls, OR

KIMT KIMT-D2 KIMT-D3
Rochester, MN – Mason City, IA – Austin, MN

WTHI WTHI-D2 WTHI-D3
Terre Haute, IN

WLFI WLFI-D2 WLFI-D3
Lafayette, IN