South Bend Station Deal Fizzles Absent FCC Action

By Andrew Gauthier 

Broadcasting & Cable

A deal to sell Weigel Broadcasting‘s South Bend, Ind., low-power stations WCWW, WBND and WMYS to Schurz’s WSBT has fizzled, according to WSBT President and GM John Mann, after the FCC was unable to act on it within a year.

The groups entered into an asset-purchase agreement in August 2008, with the deal requiring FCC approval. But the deal had a one-year deadline for FCC action. That deadline passed last week and the $22 million deal was nullified.


The low power stations are affiliates of ABC, The CW and MyNetworkTV.

An FCC spokeswoman said that, at press time, the buyer and seller had not yet formally withdrawn the proposal. More…