By: E&P Staff
Journal Communications has agreed to purchase TV station KPSE-LP in Palm Springs, Calif., from Mirage Media. Journal Communications owns the Palm Springs NBC affiliate KMIR-TV.
“The acquisition of KPSE is directly on strategy for Journal as we build out a duopoly in this rapidly growing California market,” Douglas Kiel, vice chairman and CEO of Journal Broadcast Group, said in a statement.
KPSE Channel 50 is the My-Network affiliated TV station also carried on cable Channel 13.
The transaction is subject to regulatory approval. Terms of the deal, brokered by Kalil & Co., were not disclosed.