Coastal Television to Acquire Red River Broadcast

(Image credit: Coastal Television)

FARGO, N.D.—Red River Broadcast Co., LLC has announced that it has signed an asset purchase agreement with Coastal Television that will see Coastal acquire KVRR-TV in Fargo, N.D. and Red River’s TV station in Duluth, Minn., KQDS-TV.

Financial terms of the deal were not disclosed.

Coastal Television operates ten TV stations in seven states; Alaska, Wyoming, New York, Mississippi, Tennessee, Arkansas and Indiana.

“We think Coastal will be a good fit for carrying on the important work and commitment of our stations in our communities,“ Red River chief operating officer Kathy Lau said in a statement posted on the KVRR-TV website.

The transaction is subject to approval by the Federal Communications Commission.

Categories: Local News, Minnesota News, North Dakota News

George Winslow is the senior content producer for TV Tech. He has written about the television, media and technology industries for nearly 30 years for such publications as Broadcasting & Cable, Multichannel News and TV Tech. Over the years, he has edited a number of magazines, including Multichannel News International and World Screen, and moderated panels at such major industry events as NAB and MIP TV. He has published two books and dozens of encyclopedia articles on such subjects as the media, New York City history and economics.