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Communications Corporation of America

From Wikipedia, the free encyclopedia

Defunct American media company
Communications Corporation of America
Company typePrivate (subsidiary ofSilver Point Capital)
IndustryTelecommunications
Founded1989
FounderThomas R. Galloway
D. Wayne Elmore
DefunctJanuary 1, 2015 (2015-01-01) (10 years ago)
FateAcquired byNexstar
SuccessorNexstar Broadcasting Group
Headquarters,
Key people
Thomas R. Galloway, CEO
ServicesTelevision stations
Owner
  • Thomas R. Galloway
  • D. Wayne Elmore
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.

Former stations

[edit]
  • Stations are arranged in alphabetical order by state andcity of license.
  • Two boldface asterisks appearing following a station's call letters (**) indicate a station built and signed on by Communications Corporation of America.
Stations owned by Communications Corporation of America
Media marketStateStationPurchasedSoldNotes
EvansvilleIndianaWTSN-CD19992009[a]
WEVV-TV19992015
WEEV-LD20112015
AlexandriaLouisianaWNTZ-TV19972015[a]
Baton RougeWGMB-TV**19912015
WBRL-CD20022015
WVLA-TV19962015[a]
KZUP-CD20022015[a]
LafayetteKADN-TV19972015[a]
KFTE19962001
KLAF-LD19972015
KMDL19962001
KROF19992001
KPEL19892001
KRKA19972001[b]
KTDY19892001
ShreveportKMSS-TV19942015
KSHV-TV19952015[a]
MemphisTennesseeWHBQ-TV19941995
AustinTexasKAKW19962002
BrownsvilleHarlingenMcAllenKVEO-TV19902015
BryanCollege StationKYLE-TV19962015[A]
El PasoKTSM19971998
KTSM-FM19971998
KTSM-TV19972015
KDBC-TV20092015[a]
OdessaMidlandKPEJ-TV19902015
TylerLongviewNacogdochesKETK-LP20042011[a][B]
KETK-TV20042015[a]
KFXL-LP19982015[a][C]
KFXK-TV19982015[a]
WacoTempleKWKT-TV19902015
  1. ^abcdefghijkOwned by a third party and operated by ComCorp.
  2. ^Known as KPEL-FM prior to 1998 and as KRKZ from 1998 to 2000.
  1. ^Satellite of KWKT-TV.
  2. ^Satellite of KETK-TV.
  3. ^Satellite of KFXK-TV.

References

[edit]
  1. ^ab"ComCorp Ready For Its Next Chapter".TVnewsday. November 6, 2007. RetrievedOctober 12, 2008.
  2. ^"Local Firm Buys Media Properties," The Daily Advertiser, Lafayette, LA, September 30, 1990, Page I-1
  3. ^"Regent to Buy 7 Radio Stations From ComCorp".Los Angeles Times. August 30, 2001. p. C-5. RetrievedOctober 12, 2008.
  4. ^"Communications Corporation of America"(PDF).PacerMonitor. RetrievedJune 8, 2016.
  5. ^CCA Puts Its 25 Stations On The Market,TVNewsCheck, January 15, 2013
  6. ^Exclusive: Communications Corp. of America Puts Stations on Block,Broadcasting & Cable, January 14, 2013.
  7. ^"Nexstar, Mission Buy 19 Stations for $270M".Tv News Check. April 24, 2013.
  8. ^Nexstar Selling 3 Fox Affils For $58.5 Million,TVNewsCheck, June 6, 2014.
  9. ^Nexstar Selling WEVV For $18.6 Million,TVNewsCheck, August 4, 2014.
  10. ^Application InfoArchived December 10, 2014, at theWayback Machine,CDBS Public Access,Federal Communications Commission, Retrieved December 6, 2014.
  11. ^https://licensing.fcc.gov/cdbs/CDBS_Attachment/getattachment.jsp?appn=101552312&qnum=5040&copynum=1&exhcnum=1Archived October 29, 2013, at theWayback Machine[bare URL]
  12. ^Application InfoArchived December 10, 2014, at theWayback Machine,CDBS Public Access,Federal Communications Commission, Retrieved December 6, 2014.
  13. ^Consummation NoticeArchived January 6, 2015, at theWayback Machine,CDBS Public Access,Federal Communications Commission, Retrieved January 6, 2015.
ABC
CBS
The CW
Fox
MyNetworkTV
NBC
Other stations
Antenna TV
KGBT-TV
Telemundo
KKEY-LP
KTAB-TV .2
Independent
KUSI-TV
KZUP-CD
WDVM-TV
Radio
WGN
TV network
Other assets
Online media
Border Report
The Hill
TV Content management
Lakana
LIN Digital
Online advertising
Yashi
Acquisitions
** Owned by third parties but operated by Nexstar through various agreements.
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