Redwood Television to Buy KVIQ Eureka

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Redwood Television Partners has agreed to acquire KVIQ Eureka (Calif.) from Sainte Partners II. The purchase price for the CBS affiliate, which also airs CW and MyNetworkTV programming on its subchannels, is $1.25 million.

The deal is subject to regulatory approval.

Robert Castro heads Sainte Partners II. Kalil & Co. brokered the transaction.

Eureka is DMA No. 195. KVIQ is the No. 3 revenue station there, according to BIA/Kelsey.

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.