WTMS-CA (channel 7) was a
low-power,
Class A television station
The class A television service is a system for regulating some low-power television (LPTV) stations in the United States. Class A stations are denoted by the broadcast callsign suffix "-CA" (analog) or "-CD" (digital), although very many analog - ...
licensed to
Minneapolis, Minnesota
Minneapolis is a city in Hennepin County, Minnesota, United States, and its county seat. With a population of 429,954 as of the 2020 United States census, 2020 census, it is the state's List of cities in Minnesota, most populous city. Locat ...
, United States, serving the
Twin Cities
Twin cities are a special case of two neighboring cities or urban centres that grow into a single conurbation – or narrowly separated urban areas – over time. There are no formal criteria, but twin cities are generally comparable in stat ...
area. Owned by
Silver Point Capital
Silver Point Capital is a Greenwich, Connecticut-based hedge fund that focuses on credit and special situations investments.
It was founded in 2002 by former Goldman Sachs
The Goldman Sachs Group, Inc. ( ) is an American multinational inve ...
of
Greenwich, Connecticut
Greenwich ( ) is a New England town, town in southwestern Fairfield County, Connecticut, United States. As of the 2020 United States census, 2020 census, it had a population of 63,518. It is the largest town on Gold Coast (Connecticut), Connectic ...
, it was affiliated with
Telefutura, making it one of two
Spanish-language
Spanish () or Castilian () is a Romance languages, Romance language of the Indo-European languages, Indo-European language family that evolved from the Vulgar Latin spoken on the Iberian Peninsula of Europe. Today, it is a world language, gl ...
television stations in Minnesota, alongside
sister station
In broadcasting, sister stations or sister channels are radio or television stations operated by the same company, either by direct ownership or through a management agreement.
Radio sister stations will often have different formats, and somet ...
and
Univision
Univision () is an American Spanish-language terrestrial television, free-to-air television network owned by TelevisaUnivision. It is the United States' largest provider of Spanish-language content. The network's programming is aimed at the L ...
affiliate
WUMN-LP
WUMN-LD (channel 21) is a low-power television station licensed to Minneapolis, Minnesota, United States, serving the Twin Cities area as an affiliate of the Spanish-language network Univision. Owned by Manoj Bhargava, Bridge Media Networks, th ...
(channel 13). It had also aired the
Daystar Television Network
The Daystar Television Network commonly known as Daystar Television or just Daystar, is an American evangelical Christian-based religious television network owned by the Word of God Fellowship, founded by Marcus Lamb in 1993. Daystar is headqu ...
, and been a
ShopNBC
ShopHQ (formerly ValueVision, ShopNBC, Evine Live, and Evine) was an American cable, satellite and broadcast home shopping television network and multi-channel video retailer owned by iMedia Brands Inc., whose assets were acquired by IV Media on ...
affiliate.
On June 25, 2008, Equity disclosed that it was selling WTMS to Luken Communications, LLC.
Equity Media Holdings has been in
Chapter 11 bankruptcy
Chapter 11 of the United States Bankruptcy Code ( Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, w ...
since December 2008
and offers by
Luken Communications
Get After It Media LLC, formerly known as Luken Communications and Reach High Media Group, is a privately owned American broadcast holding company, based in Chattanooga, Tennessee
Chattanooga ( ) is a city in Hamilton County, Tennessee, U ...
to acquire Equity-owned stations in six markets have since been withdrawn.
Equity's Management Cause of Downfall, Former CEO Asserts
Mark Hengel, Arkansas Business, February 2, 2009
WTMS was sold at auction to Silver Point Capital
Silver Point Capital is a Greenwich, Connecticut-based hedge fund that focuses on credit and special situations investments.
It was founded in 2002 by former Goldman Sachs
The Goldman Sachs Group, Inc. ( ) is an American multinational inve ...
on April 16, 2009. The sale closed on August 17, 2009; just a week later, on August 25, the station's license was canceled. , however, WTMS-LD, a construction permit
Planning permission or building permit refers to the approval needed for construction or expansion (including significant renovation), and sometimes for demolition, in some jurisdictions.
House building permits, for example, are subject to bu ...
for a digital companion channel, remained active. This construction permit has since expired and the station is now listed as DWTMS, and is marked for deletion from the FCC database.
References
Television stations in Minneapolis–Saint Paul
Defunct television stations in Minnesota
Television channels and stations disestablished in 2009
UniMás affiliates
Television channels and stations established in 2006
Spanish-language television stations in Minnesota
2006 establishments in Minnesota
2009 disestablishments in Minnesota
Low-power television stations in Minnesota
{{Minnesota-tv-station-stub