Bluestone Television
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BlueStone Television also known as Bluestone License Holdings Inc. owns television broadcast stations in the United States. It was formed by Sandy DiPasquale and Providence Equity Partners. Its first acquisition was a group of 12 stations from Lamco Communications Inc.[1]
BlueStone Television was recently sold to Diamond Castle Holdings LLC and veteran broadcast executive Randy Bongarten for $230 million dollars. DiPasquale and Providence Equity first acquired this station group from Lamco Communications in 2004 for $130 million dollars. http://www.kansas.com/mld/kansas/business/16013704.htm?source=rss&channel=kansas_business
[edit] Stations owned by Bluestone Television
- WCYB NBC and CW affiliate in Bristol, Virginia serving the Tri-Cities of Tennessee/Virginia
- WEMT a FOX affiliate in Tri-Cities of Tennessee/Virginia (owned by Aurora Communications, managed by Bluestone's WCYB via a LMA)
- KTXS ABC affiliate in Abilene, Texas
- WCTI-TV ABC affiliate in New Bern, North Carolina
- KRCR ABC affiliate in Chico / Redding, California
- KAEF ABC affiliate in Eureka, California (associated with KRCR)
- KECI-TV and KCFW NBC affiliates in the Missoula, Montana market
- KTVM an NBC affiliate in Butte / Bozeman, Montana (associated with KECI)
