Michigan Fox Affiliate Changing Hands

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Fox affilate WFQX (ch. 33) in Cadillac/Traverse City, Mich., is changing hands from SDR Rockfleet Holdings to Cadillac Telecasting for "somewhere north of $10 million," according to a source.

Cadillac is not expecting to run the station, but instead plans to enter into a shared services agreement under which Heritage Broadcasting-owned CBS affiliate WWTV in Cadillac would operate the station.

WWTV GM Bill Kring said he thought the stations had "complementary resources."

The deal, which was brokered by Kalil & Co., is subject to FCC approval.

John Eggerton
John Eggerton

Contributing editor John Eggerton has been an editor and/or writer on media regulation, legislation and policy for over four decades, including covering the FCC, FTC, Congress, the major media trade associations, and the federal courts. In addition to Multichannel News and Broadcasting + Cable, his work has appeared in Radio World, TV Technology, TV Fax, This Week in Consumer Electronics, Variety and the Encyclopedia Britannica.