Sinclair Broadcast Group buys Chattanooga-based WTVC, others

Sinclair Broadcast Group buys Chattanooga-based WTVC, others

April 3rd, 2012 by Staff Report in Business Around the Region

WTVC - News Channel 9 in Chattanooga

Photo by Dan Henry/Times Free Press.

Sinclair Broadcast Group Inc. on Monday completed its $385 million purchase of the broadcast assets of Freedom Communications, including WTVC-TV9, the ABC affiliate in Chattanooga.

Sinclair, the Baltimore-based media company which owns or operates 74 stations in 45 markets, had been operating Channel 9 in Chattanooga and seven other TV stations since Dec. 1, 2011, pursuant to a local marketing agreement, while it awaited approval of the sale from the Federal Communications Commission.

Freedom Communications filed for bankruptcy in September 2009 but emerged from court protection the next year after splitting up the business.