167:, which Granite planned to sell to SagamoreHill (currently, WPTA receives services from WISE). SagamoreHill was dropped from the transaction in a November 2014 restructuring of the deal; as a result, Malara would have retained WPTA and KDLH and Quincy would have acquired WISE. Quincy would have continued to provide services to the Malara stations. In July 2015, the deal was reworked again, reverting to the original structure of Quincy acquiring WPTA and KBJR and SagamoreHill acquiring WISE and KDLH. However, the agreements between Quincy and SagamoreHill would be wound down within nine months of the deal's consummation, after which WISE's and KDLH's existing Big Three network affiliations would be moved to subchannels of WPTA and KBJR, respectively, and WISE and KDLH would begin operating independently of WPTA and KBJR as solely
140:. FCC regulations do not allow duopolies between two of the four highest-rated stations in a market. Additionally, neither Fort Wayne and Duluth have enough full-power stations to legally permit a duopoly in any case. Fort Wayne and Duluth have only six full-power stations each, and FCC regulations require a market to have eight unique station owners once a duopoly is formed—effectively restricting duopolies to markets with at least nine full-power stations. Similar allegations surround
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affiliates. The deal was completed on
November 2, 2015; the affiliation switches and the termination of the sharing agreements took effect on August 1, 2016. Quincy would acquire the two CW stations outright in 2018, reuniting them with their former LMA partners.
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on
December 11, 2006. Both the future of the Granite group and any rulings on who would get control of Malara could have led to massive changes with the company. Granite emerged from bankruptcy in mid-2007 under the control of the
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The future of Malara
Broadcasting was in doubt given several occurrences stemming from the death of group founder Tony Malara from
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and a heart attack on August 24, 2006, as well as financial woes of partner
Granite Broadcasting which filed for
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On March 8, 2005, Malara
Broadcast Group entered into a credit agreement with
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Broadcast Group entered into agreements to purchase
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Defunct television broadcasting companies of the United States
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Malara Broadcasting filed its financial results to the
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190:"Quincy Buying Stations From Granite, Malara"
34:. Malara Broadcasting was founded in 2004 by
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42:. Malara owned two television stations:
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62:History
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