Equity Media Holdings

Equity Media Holdings

Infobox Company
name = Equity Media Holdings

type = Public (NASDAQ: [http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SPTN&selected=EMDA EMDA] )
genre =
foundation = 1998
founder = Gregory W. Fess, Larry E. Morton
location_city = Little Rock, Arkansas
location_country = USA
location =
locations =
area_served =
key_people = Henry G. Luken (President, CEO); Gregory W. Fess (COO, SVP); Neal Ardman (VP TVOps)
industry = broadcasting
products =
services = TV Stations
revenue =
operating_income =
net_income =
owner =
num_employees =
parent =
divisions =
subsid = CASH, Equity Broadcasting
slogan =
homepage = http://emdaholdings.com/index.html
footnotes =
intl =

Equity Media Holdings is a broadcasting company based in Little Rock, Arkansas that owns and operates 31 television stations across the United States. Prior to March 30, 2007, the company was known as Equity Broadcasting, which is now used for its broadcast station subisdary. The company has a focus on Hispanic and Asian American communities in large markets while owning a combination of English-language network affiliates in medium and small markets. In late 2005, Equity launched the Retro Television Network, a programming service with a lineup of "classic" shows from the 1950s-1980s which currently airs in part or full in numerous markets (controversially replacing UPN in one). As noted below, the company has since sold the Retro Television Network.

Financial Troubles

However, the company's annual report for 2007, released on April 2, 2008 said that the company is in default on its credit lines, and that if it cannot find additional financing it "will need to cease all or a portion of its operations, seek protection under U.S. bankruptcy laws and regulations, engage in a restructuring or undertake a combination of these and other actions." An earlier indication of Equity's troubles came one month previous, when its board of directors appointed its chairman, Henry Luken, to replace Equity founder Larry Morton as president and CEO. [http://www.tvnewsday.com/articles/2008/04/03/daily.11/] Morton remains the chair, president and CEO of Retro Television Network. Additionally, the Retro Television Network was sold to Luken's company, Luken Communications, on June 25, 2008.cite news |first=Robert |last=Marich |title=Equity Media Sells RTN to Ease Crunch |url=http://www.broadcastingcable.com/article/CA6573488.html |work=Broadcasting & Cable |date=2008-06-26 |accessdate=2008-06-28 ] .

Luken Communications continues to operate RTN out of Little Rock, Arkansas and use Equity's C.A.S.H. system, although Equity is no longer involved with the station directly.

C.A.S.H. System

A trait unique to Equity Media Holdings is their usage of a centralized groupwide hub (called by Equity the Central Automated Satellite Hub, or [http://emdaholdings.com/broadcastservices.html C.A.S.H] , system) where all production, programming, and master control is handled from a facility adjacent to the company's headquarters. Though such hubbing is done on regional scales for many groups, no other company has done it to the scale and magnitude of Equity and C.A.S.H.

Various C.A.S.H. stations are available free-to-air throughout North America on Ku band via Galaxy 18 (123°W) [ [http://www.lyngsat.com/galaxy18.html Galaxy 18 at 123.0°W - LyngSat ] ] or on C band via Galaxy 3C (95°W). [ [http://www.lyngsat.com/galaxy3c.html Galaxy 3C at 95.0°W - LyngSat ] ]

tations

Note: The stations are listed in alphabetical order on the part of their call letters.

1Stations not owned but managed by Equity Media Holdings.

2On April 4,2008 Equity announced the sale of all five of its Southwest Florida stations (WUVF, WLZE, WEVU, WBSP and WTLE) to Luken Communications, LLC for $8 million. Equity has cited corporate financial losses as a reason for the sale. ( [http://www.broadcastingcable.com/article/CA6548102.html] ) Additionally, on June 25, 2008, Equity disclosed that it was also selling its stations in Amarillo (KEYU, KAMT), Waco (KWKO), Minneapolis (WUMN, WTMS), Oklahoma City (KUOK), and Tulsa (KUTU), as well as its Retro Television Network, to Luken.

Univision Stations

* KEYU - Amarillo, Texas2
* KLRA - Little Rock, Arkansas
* KUKC-LP - Kansas City, Missouri
* KUOK / KUTU-CA - Oklahoma City/Tulsa, Oklahoma2
** WJMF-LP - Jackson, Mississippi "(rebroadcaster of KUOK)"
* KUTH - Salt Lake City, Utah¹
* KUWF-LP - Wichita Falls, Texas
* KXUN-LP - Fort Smith/Fayetteville, Arkansas
* WNYI - Ithaca, New York
* WUDT-CA - Detroit, Michigan
* WUMN-CA - Minneapolis, Minnesota2
* KWKO-LP - Waco, Texas2
* WUVF-CA / WLZE-LP - Naples/Fort Myers, Florida2
** WEVU-CA / WBSP-CA - Fort Myers/Naples, Florida (formerly a UPN affiliate; rebroadcaster of WUVF-CA)2

TeleFutura Stations

* KAMT-LP - Amarillo, Texas2
* WTMS-CA - Minneapolis, Minnesota2
* KUTF - Salt Lake City, Utah
* WTLE-LP - Fort Myers, Florida2

MyNetworkTV Stations

* KPBI-TV - Fort Smith-Fayetteville, Arkansas (formerly a WB affiliate)
* KPBI-CA - Fort Smith-Fayetteville, Arkansas (formerly a Fox affiliate)
* KWBF - Little Rock, Arkansas (formerly a WB affiliate)
* KWBM - Harrison, Arkansas - Springfield, Missouri (formerly a WB affiliate)
* WBLU-LP - Lexington, Kentucky (also a part of Retro Television Network)
* WGMU - Burlington, Vermont (formerly a UPN affiliate)
* WMQF - Marquette, Michigan (secondary affiliate)


=Fox Stations=

* KBTZ - Butte, Montana
* KLMN - Great Falls, Montana
* KMMF - Missoula, Montana
* WMQF - Marquette, Michigan

Retro Television Network Stations

* KCBU - Salt Lake City, Utah
* KEGS-LP - Las Vegas, Nevada
* KFDF-CA - Fort Smith-Fayetteville, Arkansas (announced as MyNetworkTV before KPBI-TV and KPBI-CA assumed that affiliation)
* KKYK-DT - Little Rock, Arkansas
* KQDK-CA - Denver, Colorado
* KQUP - Spokane, Washington
* KRRI-LP - Reno, Nevada
* KTVC - Roseburg-Eugene, Oregon
* KWCE-LP - Alexandria, Louisiana
* KWWF - Waterloo-Iowa City-Dubuque- Cedar Rapids, Iowa (formerly a UPN affiliate)
* WBIF - Panama City, Florida
* WBLU-LP - Lexington, Kentucky (also a part of MyNetworkTV)
* WNGS - Buffalo, New York "(operated by WKBW-TV, an ABC affiliate owned by Granite Broadcasting)"
* WPXS - Mt. Vernon, Illinois-St. Louis, Missouri¹

Other Stations

* KMCC - Laughlin, Nevada - A Multimedios station "(Owned by Cranston II; managed by Equity)"
* KNBX-CA - Las Vegas, Nevada - a repeater for KMCC
* KQCK - Cheyenne, Wyoming - An ABC station
* KUSE-LP - Seattle, Washington - rebroadcasts Daystar Television Network programming, via KWDK
* WBQM-LP- Brooklyn, New York - A Cornerstone Television station "(Acquisition pending)" [http://ir.emdaholdings.com/releasedetail.cfm?ReleaseID=260358]
* WMBQ-CA- Cranford, New Jersey - An MTV2 station "(Acquisition pending)" [http://ir.emdaholdings.com/releasedetail.cfm?ReleaseID=260358]

Markets With Stations Coming Soon

* Reno, Nevada (another station)
* West Palm Beach, Florida

Other Properties

* Arkansas RiverBlades "(an ECHL hockey franchise in Little Rock, Arkansas; Equity owns 51% interest in team)"
* Arkansas Twisters "(an af2 arena football franchise in Little Rock)"

See also

* Retro Television Network
* FTA Receiver

References

External links

* [http://www.emdaholdings.com/ Equity Media Holdings]


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