The FCC today approved London Broadcasting Co.’s acquisition of CW affiliate KCEB Tyler-Longview, Texas — a move that will give London a duopoly in DMA 109. London already owns the market’s CBS affiliate, KYTX.
London is buying the station from Estes Broadcasting for $948,000 plus assumption of liabilities.
Ownership of two TV stations in markets as small as Tyler-Longview is banned, but the FCC granted London a “failing station” waiver of the rule. More…