{"id":248440,"date":"2019-06-17T10:00:41","date_gmt":"2019-06-17T14:00:41","guid":{"rendered":"https:\/\/www.rbr.com\/?p=248440"},"modified":"2019-06-17T09:57:39","modified_gmt":"2019-06-17T13:57:39","slug":"licensee-problems-lead-to-sagamorehill-deal-shift","status":"publish","type":"post","link":"https:\/\/rbr.com\/licensee-problems-lead-to-sagamorehill-deal-shift\/","title":{"rendered":"Licensee Problems Lead To SagamoreHill Deal Shift"},"content":{"rendered":"

A low-power Iowa TV station operated by Bahakel Communications<\/strong> via a Shared Services Agreement with a company that assumed would be its new owner is heading back to the company that intended to sell it due to “problems” it suffered.<\/p>\n

Instead, a Georgia LPTV is being assigned.<\/p>\n

<\/p>\n

KGLU-LD in Ottumwa, Iowa<\/strong>, is a station Bahakel runs via an SSA with\u00a0SagamoreHill Broadcasting.<\/strong><\/p>\n

It’s been assumed SagamoreHill would be the owner of the station for months.<\/p>\n

Now, via a Memorandum of Understanding filed with the FCC on Monday (6\/17), it is now known that SagamoreHill — and Bahakel — will not have KGLU as part of their future plans.<\/p>\n

A prepaid amount of $71,000 is being refunded by the facility’s seller,\u00a0DTV America Corp.<\/strong><\/p>\n

That is a licensee tied to\u00a0HC2 Station Group<\/strong>, the entity led by\u00a0Philip Falcone <\/strong>that is rumored to be having difficulty closing many of the deals it struck in 2018 as part of a plan to gain an upper hand on the data delivery benefits associated with the ATSC 3.0 next-gen broadcast TV standard.<\/p>\n

Closing of the KGLU did not occur, DTV says, due to “delays engendered by the problems encountered by the licensee” \u2014 DTV America.<\/p>\n

In lieu of the refund, SagamoreHill successor\u00a0Roseland Broadcasting <\/strong>is getting another facility: WDMN-LD 14 <\/strong>in Augusta, Ga.<\/p>\n

The memorandum of understanding is dated April 4, signaling that the exchange of WDMN for the Ottumwa property has been completed.<\/p>\n

Roseland President is led by Julie Huang. It is based in Little Rock.<\/p>\n

Aaron Shainis\u00a0<\/strong>of Shainis & Peltzman served as the buyer\u2019s legal counsel.<\/p>\n

The LPTV deal is the third in three months for Huang.<\/p>\n

On March 8<\/a>\u00a0Roseland agreed to purchase W34EC-D in Chattahoochee, Fla., from\u00a0CTB Spectrum Services LLC.\u00a0<\/strong>One week later, it agreed to an $80,000 deal that saw it acquire the following properties from Spirit of Prayer Ministries:<\/p>\n