An aerial photograph shows the television studios of Adell-owned Wadl-tv in Detroit. (Courtesy photo)
Mission Broadcasting is no longer moving forward with its $75 million acquisition of a Detroit-area television station, The Desk has learned.
On Wednesday, Mission President and CEO Dennis Thatcher notified Wadl-tv (Channel 38) owner Kevin Adell that the company would be terminating a planned purchase agreement to acquire the station.
The decision comes one year after Mission agreed to acquire Wadl from Adell, and about one month after the Federal Communications Commission’s (FCC) Media Bureau bestowed its blessing on the deal, albeit with some strings attached.
Those conditions required Mission and Adell to modify certain parts of their purchase agreement, which would have restricted Mission’s ability to use funds provided by Nexstar Media Group to close the deal. It would have also restricted Mission from entering into shared services agreements with Nexstar, and required all parties...
Mission Broadcasting is no longer moving forward with its $75 million acquisition of a Detroit-area television station, The Desk has learned.
On Wednesday, Mission President and CEO Dennis Thatcher notified Wadl-tv (Channel 38) owner Kevin Adell that the company would be terminating a planned purchase agreement to acquire the station.
The decision comes one year after Mission agreed to acquire Wadl from Adell, and about one month after the Federal Communications Commission’s (FCC) Media Bureau bestowed its blessing on the deal, albeit with some strings attached.
Those conditions required Mission and Adell to modify certain parts of their purchase agreement, which would have restricted Mission’s ability to use funds provided by Nexstar Media Group to close the deal. It would have also restricted Mission from entering into shared services agreements with Nexstar, and required all parties...
- 5/22/2024
- by Matthew Keys
- The Desk
Netflix has dropped a whole host of new images from the highly anticipated 4th season of ‘The Crown’ which features the early life of Princess Diana as she becomes part of the Royal household.
Inspired by the award-winning play, The Audience, ‘The Crown’ tells the inside story of the decades-long reign of Queen Elizabeth II and the struggle between her private and public self. The series focuses on the personal intrigues, romances, and political rivalries behind the great events that shaped the second half of the 20th Century. The series isn’t simply about the monarchy but is about an empire in decline, a world in disarray, and the dawn of a new era.
Picture shows: Prince Philip (Tobias Menzies) and Queen Elizabth II (Olivia Colman) Picture shows: Princess Margaret (Helena Bonham Carter) Picture shows: Princess Diana (Emma Corrin)
As the 1970s are drawing to a close, Queen Elizabeth (Olivia Colman...
Inspired by the award-winning play, The Audience, ‘The Crown’ tells the inside story of the decades-long reign of Queen Elizabeth II and the struggle between her private and public self. The series focuses on the personal intrigues, romances, and political rivalries behind the great events that shaped the second half of the 20th Century. The series isn’t simply about the monarchy but is about an empire in decline, a world in disarray, and the dawn of a new era.
Picture shows: Prince Philip (Tobias Menzies) and Queen Elizabth II (Olivia Colman) Picture shows: Princess Margaret (Helena Bonham Carter) Picture shows: Princess Diana (Emma Corrin)
As the 1970s are drawing to a close, Queen Elizabeth (Olivia Colman...
- 9/29/2020
- by Zehra Phelan
- HeyUGuys.co.uk
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