By: E&P Staff
The New York Times Co. has acquired KAUT-TV in Oklahoma City, Okla., from Viacom Television Stations Groups (VTSG).
KAUT-TV is VTSG’s owned-and-operated UPN station in Oklahoma City, the nation’s 45th largest television market. The Times Co.’s Broadcast Media Group now owns KFOR-TV, the NBC affiliate in Oklahoma City, as well as seven other network-affiliated stations across the United States.
“Our ownership of KFOR and now KAUT in Oklahoma City will enable us to achieve operating efficiencies and to offer advertisers more and varied ways to reach their audiences in the market,” Janet L. Robinson, president and CEO of The New York Times Company, said in a release.” KAUT will also help accelerate our growth in the market.”
Terms of the transaction were not disclosed. The acquisition is subject to FCC approval and other customary closing conditions and is expected to be completed in the fourth quarter.