NJR TV Buys Small SF, Boston Stations
Ted Bartley's NJR TV has worked out a deal to acquire KCNS San Francisco and WMFP Lawrence (Mass.) from Lee Shubert's MTB outfit. Both are independent stations.
Terms of the deal were not announced.
The stations are former Multicultural affiliates. KCNS posted around $2.6 million in 2009 revenue, according to BIA/Kelsey, while WMFP was at around $2 million.
Kalil & Co. brokered the deal.
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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.