Equity Media Sells Retro TV Net

Jun 26, 2008  •  Post A Comment

Equity Media Holdings has sold its Retro Television Network to Luken Communications for $18.5 million, Broadcasting & Cable reports. Equity Media also sold its Univision- and TeleFutura-affiliated TV stations in six markets to Luken for $5 million, the newspaper says. The company will use the proceeds to pay off a credit facility, the newspaper notes.
—Vlada Gelman

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