It’s official. Here’s the press release we just received from WBKI about the sale of the CW affiliate to Fusion Communications of Davenport, Iowa.
Louisville, Kentucky – WBKISLG, LLC announced today that it has entered into a definitive agreement to sell WBKI-TV, the Louisville affiliate of The CW Television Network. The station is being sold for an undisclosed purchase price plus other consideration. The buyers will hold the license under the name Louisville TV Group, LLC, which is owned by Davenport, Iowa based Fusion Communications, Inc. and PLLW, LLC.
“We’re excited about the purchase of WBKI-TV and are looking forward to working with a great staff whose commitment to local programming and the community is outstanding,” said Jeff Lyle, of the Louisville TV Group, LLC.
Fusion Communications operates a state of the art HD production and post-production facility as well as the largest HD studio space between Chicago and Salt Lake City. It is a leading provider of centralized master control and satellite uplink services. Fusion is the parent company for Independent News Network and Silver Beacon Media. The company has plans to expand their station portfolio beyond the purchase of WBKI-TV.
The sale of WBKI-DT AND WBKI-CA is subject to regulatory approvals and is expected to close late this summer. The asset sale was conducted by CobbCorp.