Following earlier applications to purchase stations it already operates in Cedar Rapids and Omaha, Sinclair Broadcast Group is proposing a similar transaction in Sioux City.
An asset purchase agreement filed with the FCC indicates Sinclair will pay Waitt Broadcasting $500,000 for KMEG/14.1 (Sioux City). Sinclair’s KPTH/44.1 (Sioux City) has operated KMEG since 2005.
KMEG was the market’s CBS affiliate until the programming was moved to KPTH/44.3 in 2021, leaving KMEG as a Dabl affiliate. KPTH/44.1 is a FOX affiliate.
In the application for assignment of authorization, Sinclair notes that the transaction is allowed under the FCC’s ownership rules because KMEG is no longer one of the top four-rated stations in the market.
It appears KMEG is the last license held by Waitt Broadcasting, which once owned radio and TV licenses in several states.