Media Mogul Byron Allen Buys 11 Stations

By Stephanie Tsoflias Siegel 

Media mogul Byron Allen has bought up most of the remaining Heartland Media stations.

He’ll purchase 11 small market stations from USA Television for $290 million. The largest station is in Huntsville, Ala., which is market 79.

This brings total investment in small market sized stations to $455 million. In July, he bought two stations from Bayou City Broadcasting.

Advertisement

“I have known Byron Allen for decades and we are delighted that these stations will now be part of his dynamic company, and that Heartland management will continue to guide them,” said USA Television CEO Robert S. Prather, Jr. “These stations are dedicated to their local communities and this transaction will enable them to become even stronger on both their broadcast and digital platforms.”

The stations include WFFT in Fort Wayne, Ind., KEXI in Eugene, Ore., KNVN in Chico-Redding, Calif., KIMT in Rochester, Minn. and WTHI in Terre Haute, Ind.

Advertisement