Ackerley Group

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The Ackerley Group was an American media company that owned several television stations (mainly in New York State, California, as well as one in Fairbanks) that was sold to Clear Channel Communications[1] in 2001. In addition to ownership of television stations across the country, the company also owned and operated several radio stations in the Seattle, WA market. The company also owned the NBA Seattle SuperSonics and WNBA Seattle Storm professional basketball teams.

At the time of the closure of the transaction, the sale price was reported to be 38 times cashflow (approximately $1.1B USD) the highest ever sale valuation for a North American publicly traded media company in the history of the NYSE. The record setting high price tag was attributed to the overwhelming market monopoly position of the Ackerley Group's Out of Home Media (billboards) marketplace in the Washington, Oregon, Massachusetts and South Florida media markets, all areas where Clear Channel was devoid of inventory. Its chairman was Seattle-based businessman Barry Ackerley. Barry Ackerley and his immediate family owned approximately 82% of the company stock at the time of the sale.

Stations list (incomplete)[edit]

Stations are arranged in alphabetical order by state and city of license.

City of License / Market Station Channel
TV (RF)
Years owned Current ownership status
Fairbanks, Alaska KTVF 11 (26) 1999–2002 NBC affiliate owned by Gray Television
Bakersfield, California KGET-TV 17 (25) 1984–2002 NBC affiliate owned by Nexstar Media Group
Eureka, California KVIQ 6 (now 17 (17)) 1999–2002 CBS affiliate owned by Northwest Broadcasting
Fresno, California KJEO/KGPE 47 (34) 2000–2002 CBS affiliate owned by Nexstar Media Group
Salinas - Monterey, California KCBA 35 (13) 1986–2000 1 Fox affiliate owned by Seal Rock Broadcasters, LLC
(Operated through a SSA by Entravision Communications)
KION 46 (32) 2000–2002 2 CBS affiliate owned by News-Press & Gazette Company
Santa Maria - Santa Barbara -
San Luis Obispo, California
KCOY-TV 12 (19) 1999–2002 CBS affiliate owned by VistaWest Media, LLC
(Operated through a SSA by News-Press & Gazette Company)
Santa Rosa - San Francisco - Oakland, California KFTY 50 (32) 1996–2002 Azteca América affiliate, KEMO-TV, owned by Northstar Media, LLC
Colorado Springs - Pueblo, Colorado KKTV 11 (49) 1983–1999 CBS affiliate owned by Gray Television
Binghamton, New York WIVT 34 (34) 1997–2002 ABC affiliate owned by Nexstar Media Group
WBGH-LP/CA 20 2000–2002 NBC affiliate owned by Nexstar Media Group
Elmira, New York WETM-TV 18 (18) 3 NBC affiliate owned by Nexstar Media Group
Rochester, New York WOKR 13 (13) 1999–2002 ABC affiliate, WHAM-TV, owned by Deerfield Media
(Operated through a SSA by Sinclair Broadcast Group)
Syracuse, New York WIXT-TV 9 (17) 1982–2002 ABC affiliate, WSYR-TV, owned by Nexstar Media Group
Utica, New York WUTR 20 (30) 1997–2002 ABC affiliate owned by Mission Broadcasting
(Operated through a SSA by Nexstar Media Group)
Watertown, New York WWTI 50 (21) 2000–2002 ABC affiliate owned by Nexstar Media Group
Eugene - Springfield, Oregon KMTR 16 (17) 1999–2002 NBC affiliate owned by Roberts Media, LLC
(Operated through a SSA by Sinclair Broadcast Group)
Bellingham, Washington - Vancouver, British Columbia
(Bellingham is nominally in the Seattle market)
KVOS-TV 12 (35) 1987–2002 MeTV affiliate owned by OTA Broadcasting

Notes:

  • 1 Divested following purchase of KION, Ackerley continued to operate station after divestiture until the merger with Clear Channel in 2002.
  • 2 Operated by Ackerley from 1994 until purchased outright by Ackerley in 2000.
  • 3 Ackerley never owned this station directly but did operate it through a time brokerage agreement from 2000 until the merger with Clear Channel in 2002.

Notes[edit]