Note: The link provided may require registration. ACME Television has sold CW affiliate WBUI-TV to GOCOM Media for a cool $4 million dollars (and that’s a steal!) The deal closed today. WBUI serves the Champaign-Springfield-Decatur market.
The FCC has waived a duopoly rule in the Springfield-Decatur-Champaign market, allowing Gocom Media, owner of Fox affiliate WRSP-TV in Springfield, to buy CW affiliate WBUI-TV from Acme Communications in nearby Decatur. One of the reasons for the waiver is because WBUI is a failing station in danger of going dark and a money loser, and the FCC generally makes […]