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Showing results for tags 'KBSI'.
Sinclair is unloading its duopoly in Paducah, KY-Cape Girardeau, MO (KBSI & WDKA) to a new firm Community News Media, LLC for $28M. Community News Media will be ran by Standard General, LP leader Soohyung Kim. Could this be the sign of Sinclair unloading more stations? We know they have an enormous amount of debt ($8B) from those RSNs. And that $28M won't be enough to pay down that debt.