KAIL Fresno Sold for $3 Million

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KAIL Fresno, the MyNetworkTV station in Fresno, is being acquired by Aperio Communications. The seller is Trans-America Broadcasting Corporation, and the price is $3 million.

Gerardo Borrego is president of Trans-America.

Joshua Castro is listed as the Aperio chief on the FCC filing, according to the Fresno Bee. He's the grandson of Chester Smith, who the paper says owned several TV and radio stations in the area before his death last year.

Kalil & Co. was the broker in the deal.

Fresno-Visalia is DMA No. 54.

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.