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To: sarcasm
Our local PBS 'group' just sold one of it's TV channels - CH 2 in Dallas is now broadcasting religious programming as o Tuesday this week instead of Big Bird, the BBC and various 'educational' programs. It seems $250,000 a year for the CH 2 operation (CH 13 is still operational as a PBS channel) was just too much financially for them to handle according press reports ...
16 posted on 01/15/2004 6:02:24 PM PST by _Jim ( <--- Ann Coulter speaks on gutless Liberals (RealAudio files))
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To: _Jim
Our local PBS 'group' just sold one of it's TV channels

You left out the "interesting" part of the deal. The Dallas PBS affiliate sold desirable VHF channel 2 for less than $20 million to Daystar. Daystar then sold less desirable UHF channel 29 for almost twice as much - $37 million.

Here is one report:

TV purchase puts Daystar in more homes

Colleyville programmer buys public station (Ch. 2)

BY GAIL BENNISON

Fort Worth Business Press

Marcus and Joni Lamb, founders of Colleyville-based Community Television Educators of DFW, Inc., the Daystar Television Network, have entered into an agreement to purchase KDTN-TV (Channel 2) from North Texas Public Broadcasting for $20 million.

...

In a simultaneous transaction, the Lambs have sold KMPX-TV (Channel 29) to a secular network, Lieberman Broadcasting of Los Angeles, with proceeds of the sale totaling $37 million. Both transactions are subject to FCC approval.
http://www.digitaldfw.com/clients/bizpress/v1/story.asp?i=67&s=1789

19 posted on 01/15/2004 6:25:03 PM PST by PAR35
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