Global Broadcasting Closes on WLNE Providence
Global Broadcasting closed on its purchase of WLNE Providence, R.I., from Freedom Broadcasting.
The two parties agreed on the deal in March, and the Federal Communications Commission granted its approval in late September. The price tag was $14 million.
The ABC affiliate represents Global’s first TV-station acquisition. Freedom now owns eight stations, including WPEC West Palm Beach, Fla., and WRGB Albany, N.Y.
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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.