Telemundo Station Group will increase its reach once more. It currently owns 30 stations. Ramar Communications, Inc. and NBCUniversal Local have reached a deal to purchase a number of stations within the Albuquerque, New Mexico DMA.
Both companies have not disclosed the terms of the agreement’s financial details, as they are awaiting approval by the FCC. NBCUniversal Local will acquire four full-power stations once the transaction is complete: KASA-TV, KRTN-TV, Durango, CO and KTEL-TV, Carlsbad (NM) and KUPT, Hobbs, NM. The acquisition also includes one Class A station (KTEL CD, Albuquerque), and three low-power stations (KRTN-LD, KUPT-LP, Albuquerque, and K31NBD, Santa Fe).
KASA-TV currently is a Telemundo Affiliate. Ramar Communications was founded in 1981 by Ray Moran. In 2016, Ramar bought KASA-TV and made it Telemundo’s affiliate in 2017. Before this, Ramar’s KTEL-CD was a Telemundo Affiliate since 1997.
Valari Staab (President, NBCUniversal Local) stated that Ramar Communications is pleased to continue its work in Latino communities and looks forward to serving Albuquerque’s Spanish-speaking audience with our Telemundo local news operations.
NBCU doesn’t own or operate a station on NBC in Albuquerque. Hubbard Broadcasting is the owner and operator of NBC affiliate KOB 4. However, the company refused to address whether they might end their agreement to transform one of the full-power stations into an NBC O&O.
Telemundo’s station group has been growing for years. Telemundo Station Group, NBC Universal, paid $75M to purchase 13 stations from ZGS Communications in 2017. ZGS Communications was then the biggest owner/operator of Telemundo affiliates across several important Hispanic markets like Washington, D.C. Tampa, Orlando and El Paso.
As part of the $21 million deal, Serestar Communications also purchased stations in Sacramento (and Salt Lake City) from Serestar Communications.Publited Sat 31 July 2021 at 03:15:15 (+0000).