London Broadcasting acquires more Texas TV stations

Texas-based London Broadcasting Company announced this week that it has agreed to acquire several TV stations in Texas from Bayou City Broadcasting.

The stations involved in the agreement include KXVA-TV, Abilene; KIDY-TV, San Angelo; KIDU-CD, Brownwood; KIDB-LD, Sweetwater; KIDV-CD, Albany; and KIDT-CD, Stamford. The stations broadcast the Fox Television Network and MyNetworkTV to the viewers in the Abilene and San Angelo regions of Texas.

The deal, which with Federal Communications Commission approval is set to close before the end of this year, will give London Broadcasting expanded coverage to reach a total of more than 3.8 million households in Texas with 22 channels, and presence in seven of 18 Texas broadcast markets.

As measured by A.C. Nielsen Company, the Abilene market is the 164th television market in the United States and serves 312,000 people in 117,000 households. San Angelo is the 197th television market in the United States and serves 147,000 people in 57,000 households.

Houston-based Bayou City Broadcasting has owned the stations in question since 2008.

This deal is the latest in the ongoing trend of TV station consolidation as broadcasters of all sizes seek greater leverage in a changing sector. As small TV station groups continue to grow through consolidation they put themselves in a better position to negotiate (and fight, if it gets to that point) with cable TV service providers on retransmission consent issues.

For more:
- here's the London Broadcasting release

Related articles
Retransmission fees have become the hottest industry topic of the last few years
Large broadcasters last week touted the Dyle mobile TV joint venture

WHITEPAPER

How To Lower the Cost of Ownership of Your Cable Access Network

This white paper presents a cost analysis of a virtualized cable modem termination system (CMTS) deployed in a distributed access architecture (DAA). Learn how to eliminate traditional CMTS constraints, efficiently enhance your network performance and more.

Suggested Articles

WarnerMedia scored a key HBO Max distribution deal with Comcast just as it launched in May. Nearly six months later, there still isn’t an app.

Comcast is planning new data caps and video service price increases for its subscribers in 2021.

The Apple TV remote is an often reviled peripheral device. Universal Electronics has taken it upon itself to create a different option.