KCWY-DT, Satellites, Sold for $2 Million
by K2 News Desk, email@example.com
Casper TV station KCWY-DT along with three low power satellites has been sold for $2 million.
The station has been purchased by Yellowstone Holdings LLC which is part of FrontierRadio Management Inc. The three satellites included in the deal are KCHY-LP Cheyenne, KSWY-LP Sheridan, and K14LK Laramie. FrontierRadio also recently purchased stations in Twin Falls and Pocatello, Idaho for a reported $1 million.
KCWY was sold under Bozeman Trail Communications. Bozeman Trail is owned by the Intermountain West Communications Company. Intermountain recently sold NBC-affiliate KYMA-DT in Yuma, Arizona as well.
Meanwhile, K2TV along with two other local stations are locally owned and have no intention of being sold anytime in the near future. KTWO ABC is owned by Silverton Broadcasting, KGWC CBS is owned by Mark III Media, and KFNB FOX is owned by Wyomedia. All three stations have operated in Wyoming for over a decade.