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Stock Market & Financial Investment News

News Breaks
November 11, 2012
11:17 EDTGNCMADenali Media purchases three Alaska broadcast stations
Denali Media Holdings, a subsidiary of General Communication announced that it has agreed to the purchase of three Alaska broadcast stations: CBS affiliate KTVA-TV of Anchorage and NBC affiliates KATH-TV in Juneau and KSCT-TV of Sitka. Denali Media Holdings will purchase KTVA-TV from Alaska Broadcasting Company, Inc./Media News Group (Affiliated Media Inc. FCC Trust) of Denver, Colorado. Affiliates KATH-TV and KSCT-TV will be purchased from North Star Broadcasting based in Juneau.
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