MEDFORD, Ore. — Medford ABC affiliate KDRV may soon have a new owner.
According to a press release on their website, Entertainment Studios Founder and Chairman Byron Allen has reached an agreement to acquire 11 TV stations from USA Television for $290 million.
If the agreement is finalized, the company’s Allen Media Broadcasting division will have stations across the country including Chico-Redding to Eugene.
Entertainment Studios already owns 15 broadcast TV stations and nine 24-hour television networks like The Weather Channel and Cars.TV.
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