(WZZM) - The parent company of a local television affiliate is up for sale.
Industry-watcher 'TVNewsCheck' quotes a source close to the situation who says Freedom Communications is asking between $400 million and $500 million for eight television stations. WWMT-Channel 3 in Kalamazoo is among the stations in the group.
Others include WPEC, in West Palm Beach FL(DMA 3
, WWMT (CBS) Kalamazoo, Mich., (DMA 39); WRGB (CBS) Albany-Schenectady, N.Y., (DMA 56) in a duopoly with WCWN (CW); WTVC (ABC) Chattanooga, Tenn. (DMA 86); WLAJ (ABC) Lansing, Mich. (DMA 112); KTVL (CBS) Medford, Ore. (DMA 140); and KFDM (CBS) Beaumont, Texas (DMA 141).
'TVNewsCheck' reports WZZM 13's parent company, Gannett as a potential buyer.