Paxson Communications is selling KPXJ-TV in Minden, Louisiana to KTBS for $10 million. Whether the deal will hold up should the full Congress vote to repeal the FCC’s new duopoly rules, which would allow a company to own two stations in the same market, is unclear.
![]() KTBS-DT Shreveport, La., (pictured) may purchase KPXJ-TV from Paxson Communications for $10 million if Congress votes to repeal the FCC's new duopoly rules. |
Currently, there is an FCC freeze on new commercial broadcast station sales, pending federal implementation of new ownership rules. With uncertainly over the rules and calls for a stay on their implementation, it is not known how long the freeze will endure.
KTBS serves the same Shreveport, Louisiana market and already sells advertising for the Paxson station under a joint sales agreement. If approved, the sale could occur by early fall.
For more information visit www.pax.tv/about.
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