Ion Media Acquires TV Station in Las Vegas
Ion Media said it acquired KMCC-TV, Las Vegas, from Entravision Communications Corp.
Financial terms were not disclosed.
The acquisition gives ION 71 full-power stations in 62 of the largest U.S. markets.
“ION is committed to investing in broadcast television and offering affordable high-quality content to all American households,” said Brandon Burgess, chairman and CEO of Ion Media. “Over-the-air broadcasting has grown to be the primary source of live linear television for nearly a quarter of the U.S. population. We serve this demand by offering ION content via over-the-air broadcast spectrum in high growth markets like Las Vegas.”
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Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.