Thu June 14, 2012
Lexington Company Seeking to Buy WBKI
WBKI-TV in Louisville could soon have a new owner.
Lynn Martin of Lexington is seeking FCC approval to purchase WBKI. Martin's company, LM Communications, owns a dozen radio stations in Kentucky, West Virginia and South Carolina.
WBKI is Louisville's CW network affiliate, and it broadcasts minimal local content. It's currently owned by Louisville TV Licenses, but run through an agreement with the Belo Corporation, which also owns WHAS-TV in Louisville.
Martin did not return a request for comment to WFPL, but released a statement:
"I am very excited to purchase my first television station,” said Martin, “and especially happy that my first acquisition serves the largest city here in my home state. I believe WBKI has tremendous unrealized potential and I plan to explore and utilize all opportunities available to me to elevate WBKI into a much stronger TV station that it’s traditionally been. “Being a local Kentucky owner will be one of my greatest assets in the effort to grow the station’s share of viewers in the Louisville market. For the first time, critical decisions regarding policy and operations at WBKI will be made locally on a daily basis, and I believe that gives my company an advantage that previous owners have never enjoyed," Martin added.