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WTMS-CA

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WTMS-CA (channel 7) was a Telefutura affiliate in Minneapolis, Minnesota. The television station was owned by Silver Point Capital of Greenwich, Connecticut and was one of two Spanish language television stations in Minnesota, alongside sister station Univision affiliate WUMN-LP 13. It had air Ed the Daystar Television Network, and been a ShopNBC affiliate.

On June 25, 2008, Equity disclosed that it was selling WTMS to Luken Communications, LLC.[1]

Equity Media Holdings has been in chapter 11 bankruptcy since December 2008[2] and offers by Luken Communications to acquire Equity-owned stations in six markets have since been withdrawn.[3]

WTMS was sold at auction to Silver Point Capital on April 16, 2009.[4] The sale closed on August 17, 2009;[5] just a week later, on August 25, the station's license was canceled.[6] As of February 7, 2010, however, WTMS-LD, a construction permit for a digital companion channel, remained active. This construction permit has since expired and the station is now listed as DWTMS, and is marked for deletion from the FCC database.

References

  1. ^ Marich, Robert (2008-06-26). "Equity Media Sells RTN to Ease Crunch". Broadcasting & Cable. Retrieved 2008-06-28.
  2. ^ Larson, Erik (December 8, 2008). "Equity Media, U.S. TV Station Owner, Seeks Bankruptcy". Bloomberg News. Retrieved December 9, 2008.
  3. ^ Equity's Management Cause of Downfall, Former CEO Asserts, Mark Hengel, Arkansas Business, February 2, 2009
  4. ^ "Takers found for 60 Equity stations". Television Business Report. April 18, 2009. Retrieved April 20, 2009.
  5. ^ "Consummation Notice". CDBS Public Access. Federal Communications Commission. August 19, 2009. Retrieved August 25, 2009.
  6. ^ "Station Search Details (DWTMS-CA)". CDBS Public Access. Federal Communications Commission. Retrieved August 25, 2009.

External links