Community Newspaper Holdings is selling its four network affiliates to Thomas Henson for $24 million and the assumption of $50 million in long-term debt, according to an FCC filing seeking approval of
the deal, reports
TVNewsCheck. The stations (and their affiliations) are: WXTX Columbus, Ga. (Fox); WSFX Wilmington, N.C. (Fox); WUPV Richmond, Va. (CW) and WFXG Augusta-Aiken, S.C. (Fox).
Three of the stations are involved in duopoly arrangements with the Raycom Media stations in their markets. Community, a publisher of newspapers in 23 states, now holds the licenses of the four
stations through a subsidiary, Southeastern Media Holdings.
