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Newport Television history
Newport Television company history timeline
In September 2007, Newport agreed to sell KFTY and KVOS-TV to LK Station Group LLC for $26.6 million.
The entire deal closed on March 14, 2008 after several stations, in addition to those being divested by Newport, were placed into trust companies.
The deal was set to be completed in March 2008 but eventually collapsed due to LK's lender refusing to provide the funding; KFTY (now KEMO-TV) and KVOS have since been sold to other companies.
In March 2012, Providence Equity Partners began to explore strategic alternatives for Newport Television, which may lead to a sale of the group.
Nineteen of the stations involved in the July deal were consummated on December 3, 2012.
On April 24, 2013, the FCC granted its approval on Newport's final station, KMTR to Roberts Media.
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Newport Television competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| TEGNA | 2015 | $3.1B | 6,883 | 160 |
| Sinclair Broadcast Group | 1986 | $3.1B | 8,400 | 691 |
| ION Media Networks | 1993 | $415.0M | 425 | - |
| Granite Broadcasting | 1990 | $8.5M | 37 | - |
| Kshb / Kmci / The Ew Scripps Company | - | - | - | - |
| MediaNews Group | 2011 | $7.0B | 10,000 | 29 |
| Lotus Broadcasting | 1962 | $7.6M | 50 | 19 |
| Barrington Broadcasting Company LLC | - | $590,000 | 2 | - |
| Tribune Ventures | 1995 | $96.0M | 50 | 46 |
| ResortsandLodges.com | 1998 | $5.4M | 125 | - |
Newport Television history FAQs
Zippia gives an in-depth look into the details of Newport Television, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Newport Television. The employee data is based on information from people who have self-reported their past or current employments at Newport Television. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Newport Television. The data presented on this page does not represent the view of Newport Television and its employees or that of Zippia.
Newport Television may also be known as or be related to Newport Television and Newport Television LLC.