From a press release:
IRVING, Texas -- Nexstar
Broadcasting Group, Inc.announced today that it entered into a definitive agreement to acquire
the assets of four CBS-affiliated television stations serving the
Minot-Bismarck-Dickinson-Williston, North Dakota market (DMA #139) for $44.0 million from Reiten Television, Inc.
In addition, under the terms of the agreement, Nexstar will provide
sales and other services to the market’s two ABC-affiliated television
stations owned by Forum Communications.
The Minot-Bismarck-Dickinson-Williston television DMA is benefitting
from rapid economic expansion related to strong growth of the U.S.
domestic energy production industry in the region. From 2006 to 2015
Nielsen’s market rank for Minot-Bismarck-Dickinson-Williston has
ascended to DMA #139 from DMA #160, making it one of the fastest rising
DMAs in the country.
According to the 2014 BIA Kelsey Television
Yearbook the Reiten television stations are the leading revenue share
cluster in the market.
|
|
City of License
|
|
Market Rank
|
|
Station
|
|
Affiliation
|
|
1
|
|
Minot, ND
|
|
139
|
|
KXMC
|
|
CBS
|
|
2
|
|
Bismarck, ND
|
|
139
|
|
KXMB
|
|
CBS
|
|
3
|
|
Dickinson, ND
|
|
139
|
|
KXMA
|
|
CBS
|
|
4
|
|
Williston, ND
|
|
139
|
|
KXMD
|
|
CBS
|
|
5
|
|
Minot, ND
|
|
139
|
|
KMCY*
|
|
ABC
|
|
6
|
|
Bismarck, ND
|
|
139
|
|
KBMY*
|
|
ABC
|
|
* Forum-owned stations where Nexstar will provide sales
and other services.
|
|
Rumor has it that Dan Rather and Brian Williams will co-host a late night show on the Bakken. Dan Rather will refer to the Bakken as "hotter than a pistol" and Brian Williams will tell us about his early experiences in Tioga as a roughneck. Details are still being worked out on the seating arrangement; apparently their "good side" is the same for both men.
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