HC2’s Amazing Golden Addition

One of the most prolific buyers of broadcast television stations in recent months has undoubtedly been HC2 Station Group, the entity that now owns the Azteca América network and a big mix of fully licensed facilities and LPTVs in key markets.

HC2 has just added another Class A station to its stable — this time in the Golden State.

In an asset purchase agreement filed with the FCC on October 3, HC2 — led by Philip Falcone — is agreeing to acquire K20JX-D, a digital LPTV facility using Channel 20 to serve California’s state capital of Sacramento.

The seller is Amazing Facts Inc., and it is selling the Class A TV station to HC2 for $800,000.

Read more here. 

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