Four Points Media Group
| Company type | Private |
|---|---|
| Industry | Broadcasting |
| Founded | 2007 |
| Founder | Cerberus Capital Management |
| Fate | Acquired by Sinclair Broadcast Group |
| Headquarters | Salt Lake City , United States |
Area served | United States |
| Products | Television stations |
| Owner | Cerberus Capital Management (until 2012) |
Four Points Media Group LLC functioned as a holding company under the ownership of Cerberus Capital Management. Established in 2007, its purpose was to acquire seven television stations that were previously held by CBS Corporation.
Operations of the stations commenced through local marketing agreements starting June 25, 2007. The purchase gained approval from the FCC on November 21, 2007, and the transaction finalized on January 10, 2008.
The primary station and master-control center was KUTV, the CBS affiliate located in Salt Lake City. Meanwhile, KEYE-TV in Austin, Texas, also affiliated with CBS, remained independent from KUTV’s operational hub.
On March 20, 2009, Four Points engaged Nexstar Broadcasting Group to oversee station operations through local service agreements (LSAs).
Announced on September 8, 2011, Sinclair Broadcast Group intended to acquire Four Points Media Group from Cerberus for $200 million. Prior to the deal’s closure, Sinclair began managing the stations in October 2011 via time brokerage agreements and supplied working capital in return for service fees and performance-based incentives. The FCC gave its approval on December 21, and the acquisition was completed on January 1, 2012.
Former stations
- Stations are organized alphabetically by state and city of license.
| Media market | State | Station | Purchased | Sold |
|---|---|---|---|---|
| West Palm Beach | Florida | WTVX | 2008 | 2012 |
| WTCN-CA | 2008 | 2012 | ||
| WWHB-CA | 2008 | 2012 | ||
| Providence | Rhode Island | WLWC | 2008 | 2012 |
| Austin | Texas | KEYE-TV | 2008 | 2012 |
| Salt Lake City | Utah | KUTV | 2008 | 2012 |
| KMYU | 2008 | 2012 |