Mako Sells Dallas Independent KATA For $5.8 Million

By
( )
published

Lone Star Spectrum, an investor group that is headed up by Philip Hurley, has agreed to acquire KATA, a low power independent station in Mesquite, Texas, for $5.8 million. The seller is Mako Communications, with Amanda Mintz named as a principal.

Hurley is also executive VP and chief operating officer of London Broadcasting.

KATA, operating in the Dallas-Fort Worth DMA, airs Soul of the South, a digital network targeted to African-Americans.

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.