NEW: Providence TV Station Sold For $13.75 Million
Friday, January 11, 2013
OTA Broadcasting has purchased WLWC-TV New Bedford, better known as the CW affiliate (digital channel 22 and virtual channel 28) for Providence, Rhode Island for $13.75 million cash.
The move comes on the heels of sale by the station’s original owner, Four Points Media, to Sinclair that covered over $200 million worth of Four Points Media stations.
OTA Broadcasting is a relatively new entry in the television business and currently has stations in Seattle, San Francisco and Manhattan, with the acquisition of another pending in Houston.
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