Four Points Media Group LLC was a

holding company A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share ...

owned by

Cerberus Capital Management Cerberus Capital Management, L.P. is an American global alternative investment firm with assets across credit, private equity, and real estate strategies.Leaders Magazine"Providing Economic Opportunity: An Interview with The Honorable Dan Qua ...

, established in 2007 to serve as a buyer for 7

television station A television station is a set of equipment managed by a business, organisation or other entity such as an amateur television (ATV) operator, that transmits video content and audio content via radio waves directly from a transmitter on the earth's s ...

s formerly owned by

CBS Corporation CBS Corporation was an American multinational media company with interests primarily in commercial broadcasting, publishing and television production. It was split from Viacom on December 31, 2005, alongside an entirely new Viacom; both ...

. The company took over the day-to-day operations of the stations via

local marketing agreement In North American broadcasting, a local marketing agreement (LMA), or local management agreement, is a contract in which one corporation, company agrees to operate a radio station, radio or television station owned by another party. In essence, it ...

s on June 25. The acquisition of the stations was granted FCC approval on November 21, 2007, and closed on January 10, 2008.

KUTV KUTV (channel 2) is a television station in Salt Lake City, Utah, United States, affiliated with CBS. It is owned by Sinclair Broadcast Group alongside independent station KJZZ-TV (channel 14) and St. George, Utah, St. George–licensed MyNetwor ...

, the CBS affiliate in

Salt Lake City Salt Lake City, often shortened to Salt Lake or SLC, is the capital and most populous city of the U.S. state of Utah. It is the county seat of Salt Lake County, the most populous county in the state. The city is the core of the Salt Lake Ci ...

, served as the master-control hub facility for Four Points' stations. As such, it served as the "flagship" station of the group. KEYE-TV in

Austin, Texas Austin ( ) is the List of capitals in the United States, capital city of the U.S. state of Texas. It is the county seat and most populous city of Travis County, Texas, Travis County, with portions extending into Hays County, Texas, Hays and W ...

, the other CBS affiliate owned by Four Points, was the only station not controlled by the KUTV hub facility. On March 20, 2009, Four Points reached an agreement with Nexstar Broadcasting Group to take over operations of the stations through local service agreements (LSAs).Nexstar Managing Four Points Stations
''Broadcasting & Cable'', March 23, 2009 On September 8, 2011,

Sinclair Broadcast Group Sinclair, Inc., doing business as Sinclair Broadcast Group, is a publicly traded American telecommunications conglomerate that is controlled by the descendants of company founder Julian Sinclair Smith. Headquartered in the Baltimore suburb o ...

announced its intent to purchase Four Points Media Group from Cerberus Capital Management for $200 million. Sinclair began managing the stations in October 2011 through time brokerage agreements and would supply working capital to the stations in consideration of service fees and performance incentives through the LMAs, prior to closing of the acquisition.Sinclair Buys Four Points Media For $200M
''TVNewsCheck'', September 8, 2011. The deal was approved by the

Federal Communications Commission The Federal Communications Commission (FCC) is an independent agency of the United States government that regulates communications by radio, television, wire, internet, wi-fi, satellite, and cable across the United States. The FCC maintains j ...

(FCC) on December 21, and closed on January 1, 2012.

Former stations

* Stations are arranged in alphabetical order by state and

city of license In U.S., Canadian, and Mexican broadcasting, a city of license or community of license is the community that a radio station or television station is officially licensed to serve by that country's broadcast regulator. In North American broadcast ...

References

Sinclair Broadcast Group American companies established in 2007 2007 establishments in Utah Companies disestablished in 2012 Mass media companies disestablished in 2012 Companies based in Salt Lake City 2012 mergers and acquisitions Defunct television broadcasting companies of the United States {{US-media-company-stub