WDSI FOX61 Bought By CP Media, LLC.

Wednesday, August 9, 2006

CP Media, LLC of Wilkes-Barre, announced Wednesday the purchase of Pegasus Broadcast Television, Inc. The purchase includes WDSI (FOX), WDSI-DT2 (My Network TV) in Chattanooga.

The purchase also includes WPXT (CW) and WPME (MyTV) in Portland, ME; WGFL (CBS) and WQMY (MyTV) in Gainesville, FL and WTLH (FOX), WTLF (CW) in Tallahassee, FL., and WOLF, WSWB and WQMY in Wilkes-Barre, PA.

The sale will not be complete until approved by the Federal Communications Commission sometime later this year.

CP Media, LLC is a private investment firm led by Charles E. Parente, John Parente and Frank M. Henry.

Pegasus Broadcast television had been operating under a court-appointed trustee since May 2005.

Michael Yanuzzi, Pegasus Broadcast Television President, said, “Our Stations look forward to working with CP Media, LLC. I am thrilled that a local group saw the value in these properties and is committed to help us continue to grow our broadcast properties both here and in our other markets.”

WDSI FOX61 signed on in 1972 as WRIP-TV - an independent station airing movies 24 hours a day. In 1986 WDSI became an affiliate of the FOX Television Network.

Fox61 officials said, "FOX61 has grown into one of the top stations in Chattanooga by bringing viewers the only 10PM newscast and hits like American Idol, House and 24. In addition to producing local sporting events, FOX61 will be home of the BCS (College Football Bowl Championship Series) in January 2007. WDSI FOX61 will continue to provide viewers with the very best in entertainment and sports programming."

In September 2006 WDSI will be the home of the My Network TV affiliate which will be available as a secondary digital station. The My Network TV affiliation will be the only dual broadcast in the Chattanooga area.

Officials said, "My Network will launch a new revolution in primetime television giving viewers new programming six nights a week with their serialized continuing dramas, Desire and Fashion House. My Network will also be home to classic television comedies and dramas as well as movies."

Harlem Globetrotters Come To Chattanooga Jan. 15

The Harlem Globetrotters will bring their show to the UTC Mckenzie Arena on Friday, Jan. 15, 2016, at 7 p.m., during their 90th Anniversary World Tour.  Known worldwide as the Ambassadors of Goodwill, the Globetrotters also announced Tuesday that they are giving back more during their 90th year with the Great Assist program. Stars of the team will leave a mark in communities ... (click for more)

History Center Presents Walking Tour On The Walnut Street Bridge

The Chattanooga History Center will present The Walnut Street Bridge a walking tour, on  Tuesday, Oct. 20, at 5:30 p.m . Registered participants will meet outside the Walker Pavilion in Coolidge Park. The fee is $10 per person ($5 for CHC members). Space is limited and pre-registration is required by  Monday, Oct. 19 . For more information or ... (click for more)

Baylor Student, 16, Dies After Cardiac Incident At Pool

A 16-year-old Baylor School student died after a cardiac incident at a pool on Monday afternoon. Sumner Smith died in the incident on campus. The student was taken by ambulance to Erlanger. Baylor's Barbara Kennedy said it happened during a routine swim practice. He was found unresponsive in the pool. Counselors were being provided on the Baylor campus on Tuesday. ... (click for more)

Bradley County Commission Decides Not To Provide Animal Pickup Service

Bradley County Commissioners on Monday finally put animal control to rest. It was not easy and it was not without confusion, but in the end, the county will not provide animal pickup service. Confusion began when commissioners were asked to approve the agenda, which included two options for animal control pick up. Item “D” provided for the SPCA of Bradley County to pick ... (click for more)

VW PILOT Crash Landing

The Volkswagen emission scandal proves the point citizen activist, Ms. Helen Burns Sharp, has repeatedly brought to the attention of local government officials. She urged them to "beef up" the PILOT contracts before approving PILOT tax abatements. Any logical person would agree, because it is the only way to recoup a tax loss when unthinkable situations arise. Volkswagen's willful ... (click for more)

Roy Exum: The Readers Are Right

Jeffrey Cross is a community activist in the very finest way. He has no idea that I and many others have followed what he has done, and tirelessly I might add, to enhance the St. Elmo neighborhood at the foot of Lookout Mountain. I wish this world had a million Jeffrey Crosses. So when he wrote in protest of my Monday story, “We Want Our City Back,” I was more than eager to read ... (click for more)