From Wikipedia, the free encyclopedia
Defunct American media company
The
Ackerley Group
was an American media company founded by businessman
Barry Ackerley
that owned and operated several radio stations in
Seattle, Washington
, as well as television stations across the United States (primarily in
New York
and
California
, as well as
one in Fairbanks, Alaska
). The company also owned the
NBA
Seattle SuperSonics
and
WNBA
Seattle Storm
professional basketball teams. The Ackerley Group was sold to
Clear Channel Communications
[1]
(now iHeartMedia) in 2002.
Ackerley announced its sale to Clear Channel Communications on October 8, 2001;
[2]
the merger was completed on June 14, 2002.
[3]
At the time of the closure of the transaction, the sale price was reported to be 38 times cashflow (approximately $1.1B USD), the highest ever sale valuation for a North American publicly traded media company in the history of the
NYSE
. The record setting high price tag was attributed to the overwhelming market monopoly position of the Ackerley Group's Out of Home Media (billboards) marketplace in the
Washington
,
Oregon
,
Massachusetts
and South
Florida
media markets- all areas where Clear Channel was devoid of inventory. Barry Ackerley and his immediate family owned approximately 82% of the company stock at the time of the sale.
Station list (incomplete)
[
edit
]
Stations are arranged in alphabetical order by state and
city of license
.
City of license
/
Market
|
Station
|
Channel
TV
(
RF
)
|
Years owned
|
Current status
|
Fairbanks, Alaska
|
KTVF
|
11 (26)
|
1999?2002
|
NBC
affiliate owned by
Gray Television
|
Bakersfield, California
|
KGET-TV
|
17 (25)
|
1983?2002
|
NBC
affiliate owned by
Nexstar Media Group
|
Eureka, California
|
KVIQ
|
6 (
later
17 (17))
|
1998?2002
|
defunct
,
Went dark in 2018,
[4]
[5]
license cancelled in 2020.
[6]
(Callsign changed to
KJRW
prior to the shutdown; intellectual unit and
CBS
programming
transferred to a Northwest Broadcasting-owned license and renamed
KVIQ-LD
.
[7]
)
|
Fresno, California
|
KJEO/KGPE
|
47 (34)
|
2000?2002
|
CBS
affiliate owned by Nexstar Media Group
|
Salinas
-
Monterey, California
|
KCBA
|
35 (13)
|
1986?2000
1
|
The CW
affiliate owned by Seal Rock Broadcasters, LLC
(Operated through an SSA by
Entravision Communications
)
|
KION
|
46 (32)
|
2000?2002
2
|
CBS
affiliate owned by
News-Press & Gazette Company
|
Santa Maria
-
Santa Barbara
-
San Luis Obispo, California
|
KCOY-TV
|
12 (19)
|
1999?2002
|
Telemundo
affiliate owned by VistaWest Media, LLC
(Operated through an SSA by News-Press & Gazette Company)
|
Santa Rosa
-
San Francisco
-
Oakland, California
|
KFTY
|
50 (32)
|
1996?2002
|
Azteca America
owned-and-operated
station (O&O),
KEMO-TV
, owned by
HC2 Holdings
|
Colorado Springs
-
Pueblo, Colorado
|
KKTV
|
11 (49)
|
1983?1999
|
CBS
affiliate owned by Gray Television
|
Binghamton, New York
|
WIVT
|
34 (34)
|
1998?2002
|
ABC
affiliate owned by Nexstar Media Group
|
WBGH-LP/CA
|
20
|
2000?2002
|
NBC
affiliate,
WBGH-CD
, owned by Nexstar Media Group
|
Elmira, New York
|
WETM-TV
|
18 (18)
|
3
|
NBC
affiliate owned by Nexstar Media Group
|
Rochester, New York
|
WOKR
|
13 (13)
|
1999?2002
|
ABC
affiliate,
WHAM-TV
, owned by
Deerfield Media
(Operated through an SSA by
Sinclair Broadcast Group
)
|
Syracuse, New York
|
WIXT-TV
|
9 (17)
|
1982?2002
|
ABC
affiliate,
WSYR-TV
, owned by Nexstar Media Group
|
Utica, New York
|
WUTR
|
20 (30)
|
1997?2002
|
ABC
affiliate owned by
Mission Broadcasting
(Operated through an SSA by Nexstar Media Group)
|
Watertown, New York
|
WWTI
|
50 (21)
|
2000?2002
|
ABC
affiliate owned by Nexstar Media Group
|
Eugene
-
Springfield, Oregon
|
KMTR
|
16 (17)
|
1999?2002
|
NBC
affiliate owned by Roberts Media, LLC
(Operated through an SSA by Sinclair Broadcast Group)
|
Bellingham, Washington
-
Vancouver
,
British Columbia
(Bellingham is nominally in the
Seattle
market)
|
KVOS-TV
|
12 (35)
|
1985?2002
|
Univision
affiliate owned by
Weigel Broadcasting
|
Notes:
- 1
Divested following purchase of KION, Ackerley continued to operate station after divestiture until the merger with
Clear Channel
in 2002.
- 2
Operated by Ackerley from 1994 until purchased outright by Ackerley in 2000.
- 3
Ackerley never owned this station directly but did operate it through a
time brokerage agreement
from 2000 until the merger with Clear Channel in 2002.
Notes
[
edit
]
- ^
FCC approves Clear Channel (now known as iHeartMedia) purchase of Ackerley Group
- ^
Virgin, Bill (October 8, 2001).
"Ackerley selling out"
.
Seattle Post-Intelligencer
. Retrieved
March 14,
2023
.
- ^
"Clear Channel completes merger with Ackerley Group"
.
San Antonio Business Journal
. June 14, 2002
. Retrieved
March 14,
2023
.
- ^
Suspension of Operations and Silent Authority of a DTV Station Application
.
Licensing and Management System
,
Federal Communications Commission
, Retrieved 23 September 2018
- ^
Station Search Details - KJRW
CDBS Public Access
,
Federal Communications Commission
, Retrieved 16 September 2018.
- ^
Kreisman, Barbara A.
"Re: Request for Reinstatement and Extension of License Under Section 312(g)"
(PDF)
.
Licensing and Management System
.
Federal Communications Commission
. Retrieved
July 28,
2020
.
- ^
Redwood Television Closes On KIEM Buy
,
TVNewsCheck.com
, 4 December 2017, Retrieved 16 September 2018