Coastal Television Broadcasting to Acquire WLOV Tupelo

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Coastal Television Broadcasting has agreed to buy WLOV Tupelo. Tupelo Broadcasting is the seller. Terms of the deal, which is subject to regulatory approval, were not divulged.

WLOV is the Fox affiliate in DMA No. 133. It took in $2.6 million last year, according to BIA/Kelsey estimates.

Coastal Television also owns Fox affiliate KTBY in Anchorage, Alaska.

Last month, Heartland Media announced it was acquiring WTVA Tupelo, the local NBC affiliate, for $18.7 million.

Michael Malone
Michael Malone

Michael Malone is content director at B+C and Multichannel News. He joined B+C in 2005 and has covered network programming, including entertainment, news and sports on broadcast, cable and streaming; and local broadcast television, including writing the "Local News Close-Up" market profiles. He also hosted the podcasts "Busted Pilot" and "Series Business." His journalism has also appeared in The New York Times, The L.A. Times, The Boston Globe and New York magazine.