The only way any of the stations would not go on the auction block is if at least two qualified buyers submit bids by Thursday(Dec. 4), according to the Bee. If no buyers come forward, the auction would be held Dec. 11. Approval of any auction sales would be Dec. 16 at a U.S. bankruptcy court in Delaware.
The stations are (with city of license in parenthseis):
- KMPH-TV Fresno-Visalia CA (Visalia CA), Fox
KFRE-TV Fresno-Visalia CA (Sanger CA), CW
KTNC-TV San Francisco-Oakland CA (Concord CA), TuVision
KUNO-TV San Francisco-Oakland CA (Fort Bragg CA), TuVision
KCWK-TV Yakima-Pasco-Richland WA (Walla Walla WA), CW
KAZH-TV Houston TX (Baytown TX), TuVision
KDBC-TV El Paso TX, CBS
KPTM-TV Omaha NE, Fox
KPTH-TV Sioux City IA, Fox
WCWG-TV Greensboro-High Point-Winston Salem NC (Lexington NC), CW
Marc Berman, senior television writer for Mediaweek, a national publication that covers the television industry, said he doesn't expect buyers to be standing in line to bid on the television stations. And if there are any buyers, they will be looking for a great deal.
"Because of the way the economy is, it will be bargain-basement offers. I don't think people will be throwing money at television stations right now," Berman told the Fresno newspaper.