The company, which was founded in 2003, is a joint venture of the investment firm Duff Ackerman & Goodrich of San Francisco, California and former Benedek Broadcasting and Spartan Communications executive Louis Wall (who is also CEO of the group).
Their two television stations, WBTW and KIMT in Mason City, Iowa; went to Spartan Radiocasting Corporation (later Spartan Communications) of Spartanburg.
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