You can find an active Save 3ABN website at http://www.Save-3ABN.com.
WHY IS 3ABN SELLING A CLASS-A?Because they have 16 of them and they can! Spectrum Investor OTA Broadcasting (aka Michael Dell) Buys Charlotte NC Class-A W21CK-D For $1.1 MillionOTA Broadcasting (bankrolled by Michael Dell of Dell Computers), one of the incentive auction spectrum investors in Class A (and full power) television stations, is now buying an auction eligible Class-A station, W21CK-D, in Charlotte, NC, from powerhouse religious broadcaster, Three Angels Broadcasting (3ABN). The reported price is $1,100,000 cash. With an estimate pop count of 1,464,472, that works out to about $0.75 per pop, way way, did I say, way low for a Class-A auction eligible station. There is reported an LMA in place, and who knows what if any size of a back-end deal there is. But all we care about that the 3ABN viewers continue to get the high-quality programming from 3ABN. Of all of the religious broadcasters, 3ABN puts out a multitude of diverse channel offerings, and to know they are getting more funding to continue to do so it great. We also expect that after the auction payday they are in line to get (tax-free?) they will re-invest those zillions back into their other LPTV properties.3ABN owns over 100 stations, some full powers, and 16 Class-A's. We will not even try to total up the incentive auction opening bid prices and final prices from the FCC. But little W21CK-D could be valued at over $90 million.