SagamoreHill Broadcasting LLC is a privately held American
holding company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...
that owns 13 television stations based in the Great Lakes and southern
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., federal district, five ma ...
regions. The company is a joint venture of the investment firm
Duff Ackerman & Goodrich of
San Francisco, California
San Francisco (; Spanish for "Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the fourth most populous in California and 17th ...
and former
Benedek Broadcasting and
Spartan Communications executive Louis Wall (who is also CEO of the group).
The company is headquartered in
Augusta, Georgia
Augusta ( ), officially Augusta–Richmond County, is a consolidated city-county on the central eastern border of the U.S. state of Georgia. The city lies across the Savannah River from South Carolina at the head of its navigable portion. Georg ...
.
History
The company was founded in 2003.
In 2005, SagamoreHill Broadcasting acquired
KXLT-TV in
Rochester, Minnesota
Rochester is a city in the U.S. state of Minnesota and the county seat of Olmsted County. Located on rolling bluffs on the Zumbro River's south fork in Southeast Minnesota, the city is the home and birthplace of the renowned Mayo Clinic.
Ac ...
as a result of Quincy Newspapers' purchase of Shockley Communications (the former owner of KXLT-TV), and Quincy could not buy KXLT outright due to Federal Communications Commission (FCC) rules governing duopolies.
In 2007, SagamoreHill Broadcasting acquired
WLTZ in
Columbus, Georgia
Columbus is a consolidated city-county located on the west-central border of the U.S. state of Georgia. Columbus lies on the Chattahoochee River directly across from Phenix City, Alabama. It is the county seat of Muscogee County, with which it o ...
from
J. Curtis Lewis.
[http://www.broadcastingcable.com/article/CA6437753.html?rssid=193 ]
On July 23, 2008, SagamoreHill Broadcasting acquired the license of KZTV in
Corpus Christi, Texas to comply with Federal Communications Commission (FCC) rules; it was originally sold by Eagle Creek Broadcasting (KZTV's former owner) to Cordillera Communications. However, the application to sell the station was opposed by McKinnon Broadcasting, then-owner of
KIII.
This objection held up the deal until August 24, 2009, when Eagle Creek announced a shared services agreement with KRIS-TV. Cordillera acquired all station assets with Eagle Creek owning KZTV's broadcast license. SagamoreHill finally assumed ownership of the KZTV license on May 19, 2010.
In 2017, the company acquired the license assets of Surtsey Media/Saga Communications' television clusters in Joplin, Missouri, including
KOAM-TV, and Victoria, Texas, including
KAVU-TV
KAVU-TV (channel 25) is a television station in Victoria, Texas, United States, affiliated with American Broadcasting Company, ABC. Owned by Morgan Murphy Media, it is the largest station in the Victoria Television Group, which also includes the l ...
. SagamoreHill became the owner of
KFJX in Joplin, Missouri, and
KVCT
KVCT (channel 19) is a television station in Victoria, Texas, United States, affiliated with Fox Broadcasting Company, Fox and The CW Plus. It is owned by SagamoreHill Broadcasting, which maintains a local marketing agreement (LMA) with Morgan Mu ...
in Victoria, Texas; both stations are operated by
Morgan Murphy Media.
Stations
Current
Notes:
*
1 Operated by
Bahakel Communications through a
shared services agreement (SSA).
*
2 Operated by
Gray Television
Gray Television, Inc. is an American publicly traded television broadcasting company based in Atlanta, Georgia. Founded in 1946 by James Harrison Gray as Gray Communications Systems, the company owns or operates 180 stations across the United St ...
through a SSA.
*
3 Operated by
Morgan Murphy Media through a SSA.
*
4 Operated by the
E. W. Scripps Company through a SSA.
*
5 Operated by
Waypoint Media through a SSA.
Former
Notes:
*
1 Under SagamoreHill ownership, it was operated by
Meredith Corporation
Meredith Corporation was an American media conglomerate based in Des Moines, Iowa, that owned magazines, television stations, websites, and radio stations. Its publications had a readership of more than 120 million and paid circulation of more ...
through a
SSA.
*
2 Under SagamoreHill ownership, it was operated by
Barrington Broadcasting through a SSA.
References
External links
Official Website
Mass media companies established in 2003
Companies based in Montgomery, Alabama
Television broadcasting companies of the United States
{{US-media-company-stub