KBEH Channel Sharing Transaction Dissolved
Hero Licensco withdrew its application to sell KBEH Oxnard, California (see 1705090067) to Meruelo Television, said a letter posted Wednesday. The deal was seen as a possible precedent setter on how the FCC would treat transactions between stations that committed…
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to channel sharing agreements pre-auction. The deal was put out for comment by the Media Bureau, and comments are due Friday. An Incentive Auction Task Force spokesman told us the docket for comments remains open and the comments will remain part of the record. Neither station would comment on the end of the transaction. A group of broadcasters asked the FCC Wednesday to quickly approve the KBEH deal and not hold up channel sharing transactions (see 1705310047). The FCC may look more favorably on transactions that occur after the companies involved have finalized their sharing agreements, an attorney said.