Matthew Davidge and Julie Huang have teamed up as equity interest holders in a variety of broadcast TV stations, including low-power facilities licensed to Roseland Broadcasting Inc.
The pair are also partners in SagamoreHill, and in an Upstate New York city it is Louis Wall that holds majority interest in a low-power TV station branded as “NBC Watertown.” Now, that operation is in position to greatly expand its coverage area thanks to a deal involving three LPTVs across the region.
Northeast Gospel Broadcasting has agreed to sell the following facilities to SagamoreHill of Watertown Licenses LLC:
- WNGG-LD 9 in Gouverneur, N.Y., immediately to the north of Fort Drum and Watertown
- WNGJ-LD 20 in Ogdensburg, N.Y., a city on the St. Lawrence River some 60 miles south of Canada’s capital, Ottawa
- WNGF-LD 26 in Potsdam, N.Y., due east of Ogdensburg in the Adirondack region of New York State’s North Country
A $75,000 purchase price has been agreed to by the parties; a 10% deposit has been made to the seller.
Serving as the seller’s legal counsel is Lee Petro with Pillsbury Law. The legal counsel for SagamoreHill is Aaron Shainis of Shainis & Peltzman.
Signing off on the transaction is Davidge, who serves as COO and is based in Kansas City.