×
You will be redirected back to your article in seconds

BLACKSTAR DEAL TESTS FCC

Blackstar L.L.C., the minority-controlled D.C.-based firm formed last year with the help of a $20 million cash infusion from Fox Broadcasting, is buying three Nebraska ABC affiliates from Fant Broadcasting.

The proposed acquisition on file at the Federal Communications Commission says Blackstar will pay about $13 million for the three stations – KHGI Kearney, KSNB Superior and KWNB Hayes Center.

Pending FCC approval of the acquisition, Blackstar intends to turn the stations into Fox affiliates.

The proposed acquisition could be a test of the FCC’s attribution rules, which are designed to prevent outside investors – whether individuals or companies – from dictating management decisions of the broadcaster’s presumed majority investors. The FCC is wrestling with possible changes in attribution limits.

The issue in the Blackstar case involves whether the FCC deems the company to be a corporation or a limited partnership. If the agency decides Blackstar is a limited partnership, Fox’s ownership would be considered “attributable” and thus count against the number of stations Fox may own nationally.

Also, Blackstar is said to be looking at ABC affiliate KSFY in Sioux Falls, S.D., which is owned by Atlanta-based operator Ellis Communications.

Blackstar L.L. C., formed in October, is run by John Oxendine, an African-American businessman whose other company – Blackstar Communications – owns Home Shopping Network affils in Melbourne, Fla., Ann Arbor, Mich, and Salem, Ore. Oxendine intends to make Blackstar Communications a subsidiary of Blackstar L.L.C. Other investors in Blackstar L.L.C. include Fox and Silver King Communications.

More TV

  • vudu-free-movies-tv-shows

    Walmart Brushes Off Reports of Streaming Development Halt

    Walmart isn’t ruling out options for a potential streaming video service, a company spokesperson says. Responding to a CNBC report that the mega-retailer had decided not to launch its own streaming entertainment service after all, Walmart would not confirm that there was any halt in development of such a platform, and did not have anything definitive [...]

  • THE KOMINSKY METHOD

    'Kominsky Method' Renewed for Season 2 at Netflix

    Netflix has picked up “The Kominsky Method” for a second season. The comedy stars starring Michael Douglas and Alan Arkin recently won two Golden Globe Awards, one for best comedy series and the other for Douglas in the best actor in a comedy series category. Arkin was also nominated in the supporting actor category. Season 2 [...]

  • Crackle Latin America

    Sony Shuts Down Crackle Latin America Business

    Sony Pictures Television is folding the Crackle Latin America subscription VOD service, which has 400,000 subscribers across 17 countries, after concluding the business isn’t economically viable. Crackle Latin America first launched in April 2012 as an ad-supported streaming service — like the U.S. version of Crackle — before switching in 2016 to a subscription video-on-demand [...]

  • Empire of Sand Book

    Kronicle Media, Amyale, Rebel Maverick Option YA Novel 'Empire of Sand' for TV (EXCLUSIVE)

    Production companies Kronicle Media, Amyale and Rebel Maverick have partnered to develop the YA fantasy novel “Empire of Sand” by Tasha Suri as a TV series, Variety has learned exclusively. The novel by first-time author Suri is centers on Mehr, the illegitimate daughter of an imperial governor and an exiled Amrithi mother–a member of a race of [...]

  • 'NYPD Blue' Sequel Pilot Casts Fabien

    'NYPD Blue' Sequel Pilot Casts Fabien Frankel in Lead Role

    The “NYPD Blue” pilot at ABC has cast newcomer Fabien Frankel in the role of Theo Sipowicz, Variety has confirmed. Theo is the son of Andy Sipowicz, who was played in the original series by Dennis Franz. Like his father he is described as a hard-drinking, hard-headed, and quick-witted cop. Frankel is a recent graduate of the London Academy of [...]

  • Bradley Whitford photographed at the PMC

    Bradley Whitford on the 'Obligation' to Speak Out Politically

    Having starred on Aaron Sorkin’s “The West Wing” for seven seasons, Bradley Whitford is certainly no stranger to political television. Now he’s in two more such series: Nat Geo’s exploration of the dot-com era, “Valley of the Boom” in which he plays real-life Netscape CEO James Barksdale, as well as Hulu’s “The Handmaid’s Tale,” in [...]

More From Our Brands

Access exclusive content