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Sinclair completes acquisition of 5 TV stations

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Sinclair completes acquisition of 5 TV stations

SinclairBroadcast Group Inc. on May 1 completed the acquisition of five television stations in Lincoln,Neb., for $31.3 million.

The stations are FOX(US)-affiliate KFXL and ABC(US)-affiliates KWNB-LD, KWNB, KHGI and KHGI-LD, according to aForm 8-K filed May 4.

Separately, the company set up a wholly owned subsidiary,ONE Media 3.0 LLC, in April. ONE Media 3.0 will work to create businessopportunities, products and services associated with the ATSC 3.0 broadcasttransmission standard and TV platform, and user data collection.