200+ LPTV licenses across the United States

Ownership

• Acquire the 2nd largest LPTV OTA Footprint in the United States

Distribution

• Economic Distribution of Current Content

Expansion

• Additional Bandwidth for Network Expansion

Innovation

• Create Future Spectrum Opportunities 

195 LPTV Broadcast Television Licenses

• 200+ million population reach
• 19 Stations in 9 of the Top 20 Markets
• 41 Stations in 26 of the Top 21-50 Markets
• 60 Stations in 35 of the Top 50 Markets
• 35 of the Top 50 DMAs
• Mix of UHF & VHF Frequencies
• Completion in Q2 2022

• Content distribution is a growing problem for networks
• Network launches require a monthly fee premium to displace existing programming in key markets
• Controlling distribution allows content owners to capitalize on this growing issue and ensure bandwidth for future growth

• Expand network reach into new markets
• Distribution cost savings for existing markets
• Established distribution network for future network expansion

The Future of Television

• Providing easier access from various devices, most notably mobile
• Dramatically enhancing viewing experiences, through high-resolution displays and improvements in reliability
• Better audio capability and quality, including clearer sound and more personalization options

ATSC 3.0

Beachfront Property

• Often overlooked in the broader TV landscape, this new standard is quickly gaining adoption and will unlock valuable addressable opportunities for local broadcasters, ad buyers and viewers alike 
• Addressable TV is already a $3 billion market