Hoak Media Corporation is a show media organization situated in Dallas, Texas. Hoak possesses eighteen TV slots (counting satellites), all in medium and little markets, for the most part in the Great Plains states and Colorado. Hoak Media was made in August 2003.
On November 20, 2013, Gray Television advertised it was obtaining Hoak Media and Parker Broadcasting, barring KREX (and its satellites), KFQX and WMBB (which can’t be sold to Gray as they as of now work stations in the business sectors influenced). Some of Hoak’s stations will be sold to Excalibur Broadcasting and worked by Gray under nearby advertising agreements. On December 19, it was reported that KREX & WMBB will be sold to Nexstar Broadcasting Group, while KFQX will be sold to Mission Broadcasting.
The deal was finished on June 13, 2014. On the other hand, a few stations were compelled to go off the air and writing computer programs being move to a multicast stream on adjoining channels, because of a few stations not able to get administrative support, after FCC late administering on joint deals assentions. Those noiseless stations will then be sold off to minority enthusiasm, pending FCC regard.
Light black Television, Inc. Thursday affirmed that it has gotten all legislature supports for all of its beforehand affirmed TV slot acquisitions, including those including Hoak Media, LLC. On November 20, 2013, Gray reported concurrences with Hoak and separate understandings by which Excalibur Broadcasting, LLC would secure TV slots in existing or future Gray markets from Hoak, Parker Broadcasting, Inc., and Prime Cities Broadcasting, Inc.. Around then, Gray likewise reported that it and Excalibur would strip Hoak’s furthermore Parker’s TV slots in the Panama City and Grand Junction markets and in this way reported on December 19, 2013, that Nexstar Broadcasting, Inc., and Mission Broadcasting, Inc. would secure the TV channels in those two business sectors.
On March 3, 2014, the Antitrust Division cleared the greater part of the transactions including the Hoak, Parker, and Prime Cities TV channels. On March 12, 2014, nonetheless, the FCC issued a Public Notice forcing new limitations on pending transactions including TV channels. In light of that activity and FCC guidance, on March 24, 2014, Gray and Excalibur submitted changes to their pending applications that rebuilt the proposed Excalibur acquisitions. The progressions included uprooting Gray’s insurance of Excalibur’s financing to obtain Excalibur’s new stations and taking out a put/call choice on Excalibur’s new stations. Furthermore, Excalibur withdrew its application to procure the Prime Cities TV slots. Nexstar and Mission Broadcasting additionally recorded corrections to rebuild their transaction including the Grand Junction DMA.