Another TV station owner wants to tap the market as it nears its peak. Fouce Amusement Enterprises, owner of KRCA Channel 62 in Los Angeles, has retained Furman Selz to sell the station.
“We are reacting to what we have seen going on in the market,” KRCA station manager Thomas Fouce says.
Fouce, which acquired the station about five years ago, upgraded its facilities to allow for superstation and multimedia facilities. Observers say those facilities may make the station attractive to a group like ITT/Dow Jones, which recently acquired WNYC in New York and has talked about converting it into a superstation.