WDSI FOX61 Bought By CP Media, LLC.

Wednesday, August 09, 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."



Students Are Jumping Into German At Bachman Community Center

Kindergartners through second graders will be jumping into German at the Bachman Community Center on Signal Mountain on Sept. 8. JumpIn’ German is an after-school class that introduces young children to German.   The children learn language as well as German culture and traditions through games, songs, crafts, stories, and videos, focusing on themes such as counting, colors, ... (click for more)

Riverwalk Reopens

Hamilton County Parks and Recreation department announces the Chattanooga State drainage pipe project has been completed. The section of the Riverwalk from the Hubert Fry Center to the Dam that has been closed due to the repair effort will reopen as of 3 p.m. Wednesday. (click for more)

General Motors To Invest $185 Million In Engine Plant, Build New Cadillac SRX In Spring Hill

  General Motors will invest $185 million to make small gas engines at its Spring Hill manufacturing complex, officials said Wednesday.  GM also identified the next-generation Cadillac SRX as a future mid-size vehicle to be produced at Spring Hill. “We want to congratulate GM on this important investment in its future in Spring Hill and Middle Tennessee,” Governor ... (click for more)

Reception Honors County's 2nd-Longest Serving Employee

General Sessions Court Judge Clarence Shattuck, at a County Courthouse reception, asked anyone who was working at the courthouse in 1966 to raise their hand. Only Circuit Court Clerk Paula Thompson was able to do so. Judge Shattuck said he believes only Edna Camp of the Criminal Court clerk's office, has been at the courthouse longer. Ms. Thompson did not seek re-election, ... (click for more)

Vote No On Health Insurance Changes Affecting County Teachers

Our Hamilton County School Board will vote on insurance changes effecting both active employees and retirees, who are not on Medicare at this time.  HCEA strongly objects to changes being made at this time and urges a “No” vote.  Insurance had been frozen three years by negotiations.  Since the Educators Professional Negotiations Act was nullified by the 2011 Legislature, ... (click for more)

Roy Exum: Al Sharpton’s Wise Remarks

I’ll admit I paid little more than scant attention to the Monday funeral of Michael Brown, the 18-year-old who was shot and killed by police bullets in Ferguson, Mo., after he allegedly was involved in strong-armed robbery. There are too many tawdry details and, in my way of thinking, there is nothing under God’s sun, absolutely nothing, that gives others the right to riot, burn ... (click for more)