Scripps Sells 5 Shop At Home TV Stations

  • September 27, 2006
As part of E.W. Scripps Company's strategy to divest Shop At Home, the company announced an agreement to sell five Shop At Home-affiliated TV stations to New York-based Multicultural Television Broadcasting LLC for $170 million. Expected to close in the next nine months, the transaction includes WMFP-TV in Boston, WOAC-TV in Cleveland, WRAY-TV in Raleigh-Durham, N.C., WSAH-TV in Bridgeport, Conn., and KCNS-TV in San Francisco.

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