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Banks Broadcasting was the owner of former WB Network and current The CW Television Network affiliate KSCW-TV in Wichita, Kansas from its launch in 1999 (as KWCV) until July 20, 2007 when it was officially sold to Schurz Communications, the owner of that market's CBS affiliate KWCH-TV.
In July 2006, Schurz Communications Inc. reached an agreement to buy this station from Triad Broadcasting Co. as part of a six-station deal valued at a reported $19 million.
Schurz Communications, American radio, television, cable TV and newspaper media group
This case challenged Syndication and Financial rules imposed in the 1970s, as broadcast television changed with the popularity of cable television, the rise of the FOX network, and the discrediting of the leverage theory.