| Company type | Private (subsidiary ofSilver Point Capital) |
|---|---|
| Industry | Telecommunications |
| Founded | 1989 |
| Founder | Thomas R. Galloway D. Wayne Elmore |
| Defunct | January 1, 2015 (2015-01-01) (10 years ago) |
| Fate | Acquired byNexstar |
| Successor | Nexstar Broadcasting Group |
| Headquarters | , |
Key people | Thomas R. Galloway, CEO |
| Services | Television stations |
| Owner |
|
Number of employees | 345 |
Communications Corporation of America (also known asComCorp) was a broadcasting company in theUnited States that ownedtelevision stations in smaller markets. The company was headquartered inLafayette, Louisiana.[1] It owned and/or operated 20 stations (counting satellite stations and those controlled vialocal marketing agreements). The company began in 1989 and the next year, it purchased three television stations from Southwest MultiMedia Company of Houston:KVEO inBrownsville,KPEJ inOdessa, andKWKT inWaco using the holding company Associated Broadcasters. They also purchased the license for WPFT in Baton Rouge, LA, which they signed on in 1991 asWGMB with the holding Galloway Media.[2]
At one point, ComCorp was also an owner ofradio stations in its home market of Lafayette; it subsequently sold those stations toRegent Communications.[3]
In June 2006, ComCorp filed forChapter 11 bankruptcy.[4] The company emerged from bankruptcy in October 2007 under the control ofSilver Point Capital, who also controlledGranite Broadcasting.[1]
Local news on ComCorp's owned or managed stations are structured variably, with most stations not producing news in-house. As of May 2011, the only ComCorp owned-and-operated stations with in-house local newscasts areKTSM-TV andKETK-TV; two ComCorp managed stations,WVLA-TV andKDBC-TV also produce their own newscasts. Most of the remainder of the company's stations have their newscasts outsourced to other stations in the company portfolio: most of ComCorp's Fox stations in Louisiana and Texas have local newscasts produced by KETK (with the exception ofWGMB in Baton Rouge, whose newscasts are produced out of area sister station WVLA); the newscasts for NBC affiliateKVEO-TV inBrownsville, Texas, though are produced by El Paso CBS affiliateKDBC-TV); the remainder of ComCorp's owned and managed stations, including CBS affiliateWEVV-TV (the only Big Three station in the group without any local news), do not carry news at all.
On January 15, 2013, Communications Corporation of America put all of its 25 owned or managed stations up for sale, with investment firmHoulihan Lokey hired to assist in the exploration of sale options.[5][6] On April 24, ComCorp announced that its entire group would be sold toNexstar Broadcasting Group;KMSS-TV,KPEJ-TV and most of the ComCorp-managed stations that are owned by White Knight Broadcasting would be sold toMission Broadcasting whileWEVV-TV and White Knight Broadcasting'sKSHV-TV would be sold to a female-controlled company called Rocky Creek Communications, with Nexstar assuming operational control of those stations.[7] However, on June 6, 2014, Nexstar announced that it would instead sell KMSS & KPEJ to a new minority-owned companyMarshall Broadcasting Group (marking the company's first television station acquisitions) for $58.5 million.[8] Also on August 4, Nexstar announced that it would instead sell WEVV toBayou City Broadcasting for $18.6 million.[9] Mission & Rocky Creek would later withdraw its applications to acquire KFXK, KSHV & WVLA.[10][11][12] The sale was completed on January 1, 2015.[13]
It was the last remaining TV station group thatdidn't have anABC affiliate when sold; however, it had temporarily owned and operated current-Fox affiliateWHBQ-TV of Memphis during its last days as an ABC affiliate and managedKAQY in Monroe, Louisiana during its first nine years as an ABC affiliate.
| Media market | State | Station | Purchased | Sold | Notes |
|---|---|---|---|---|---|
| Evansville | Indiana | WTSN-CD | 1999 | 2009 | [a] |
| WEVV-TV | 1999 | 2015 | |||
| WEEV-LD | 2011 | 2015 | |||
| Alexandria | Louisiana | WNTZ-TV | 1997 | 2015 | [a] |
| Baton Rouge | WGMB-TV** | 1991 | 2015 | ||
| WBRL-CD | 2002 | 2015 | |||
| WVLA-TV | 1996 | 2015 | [a] | ||
| KZUP-CD | 2002 | 2015 | [a] | ||
| Lafayette | KADN-TV | 1997 | 2015 | [a] | |
| KFTE | 1996 | 2001 | |||
| KLAF-LD | 1997 | 2015 | |||
| KMDL | 1996 | 2001 | |||
| KROF | 1999 | 2001 | |||
| KPEL | 1989 | 2001 | |||
| KRKA | 1997 | 2001 | [b] | ||
| KTDY | 1989 | 2001 | |||
| Shreveport | KMSS-TV | 1994 | 2015 | ||
| KSHV-TV | 1995 | 2015 | [a] | ||
| Memphis | Tennessee | WHBQ-TV | 1994 | 1995 | |
| Austin | Texas | KAKW | 1996 | 2002 | |
| Brownsville–Harlingen–McAllen | KVEO-TV | 1990 | 2015 | ||
| Bryan–College Station | KYLE-TV | 1996 | 2015 | [A] | |
| El Paso | KTSM | 1997 | 1998 | ||
| KTSM-FM | 1997 | 1998 | |||
| KTSM-TV | 1997 | 2015 | |||
| KDBC-TV | 2009 | 2015 | [a] | ||
| Odessa–Midland | KPEJ-TV | 1990 | 2015 | ||
| Tyler–Longview–Nacogdoches | KETK-LP | 2004 | 2011 | [a][B] | |
| KETK-TV | 2004 | 2015 | [a] | ||
| KFXL-LP | 1998 | 2015 | [a][C] | ||
| KFXK-TV | 1998 | 2015 | [a] | ||
| Waco–Temple | KWKT-TV | 1990 | 2015 |