Media Bureau Approves Nexstar Deal To Buy Four Stations From Reiten
The FCC Media Bureau approved Nexstar’s $44 million deal with Reiten Television to buy four CBS-affiliated TV stations in North Dakota, said a letter released Thursday. The Media Bureau approved the continuation of a satellite exemption for three stations involved…
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in the deal because it will “benefit the public interest by promoting access to broadcast services which may otherwise not be feasible,” the order said. The approval is conditioned on Nexstar terminating an existing joint service agreement on closing, the order said. The stations involved in the sale are KXMA Dickinson, KXMB Bismarck, KXMD Williston and KXMC Minot.