Sinclair Broadcasting Group, the owners of Ring of Honor, yesterday announced a deal to purchase Titan Television Broadcast Group who own four stations in three markets for $115million.
Sinclair will take over Titan’s portfolio which included three Fox affiliates in the Fresno/Visalia, California market, in Omaha, Nebraska and in Sioux City, Iowa. It also includes a CBS affiliate in Sioux City and two CW affiliates in Fresno and Omaha.
The company also recently completed a deal to purchase four stations from Cox Media Group for $99million and a $373million acquisition of Seattle based Fisher Communications which held 20 stations in eight markets.
Sinclair CEO David Smith said: “(The Titan deal) will complement the California properties we are acquiring from Fisher Communications, as well as add to our Iowa presence and give us our first stations in Nebraska.”
With the Titan stations, Sinclair own, operate or provide programming to 140 television stations in 72 markets and reach nearly 35% of US households with televisions.
Once the deal is ratified and completed, those markets will begin to carry ROH TV and that can only be a good thing for the company as it seeks to increase its fanbase nationwide.