Four Points Media Group was a

holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...

owned by

Cerberus Capital Management Cerberus Capital Management, L.P. is an American private equity firm,Leaders Magazine"Providing Economic Opportunity: An Interview with The Honorable Dan Quayle, Chairman, Cerberus Global Investments, LLC". specializing in distressed investing. ...

, established in 2007 to serve as a buyer for 7

television station A television station is a set of equipment managed by a business, organisation or other entity, such as an amateur television (ATV) operator, that transmits video content and audio content via radio waves directly from a transmitter on the eart ...

s formerly owned by

CBS Corporation The second incarnation of CBS Corporation (the first being a short-lived rename of the Westinghouse Electric Corporation) was an American multinational media conglomerate with interests primarily in commercial broadcasting, publishing, and ...

. The company took over the day-to-day operations of the stations via local marketing agreements on June 25. The acquisition of the stations was granted

FCC The Federal Communications Commission (FCC) is an independent agency of the United States federal government that regulates communications by radio, television, wire, satellite, and cable across the United States. The FCC maintains jurisdictio ...

approval on November 21, 2007, and closed on January 10, 2008.

KUTV KUTV (channel 2) is a television station in Salt Lake City, Utah, United States, affiliated with CBS. It is owned by Sinclair Broadcast Group alongside independent station KJZZ-TV (channel 14) and St. George–licensed MyNetworkTV affiliate K ...

, the

CBS CBS Broadcasting Inc., commonly shortened to CBS, the abbreviation of its former legal name Columbia Broadcasting System, is an American commercial broadcast television and radio network serving as the flagship property of the CBS Entertainm ...

affiliate in

Salt Lake City Salt Lake City (often shortened to Salt Lake and abbreviated as SLC) is the capital and most populous city of Utah, United States. It is the seat of Salt Lake County, the most populous county in Utah. With a population of 200,133 in 2020, th ...

, served as the master-control hub facility for Four Points' stations. As such, it served as the "flagship" station of the group.

KEYE-TV KEYE-TV (channel 42) is a television station in Austin, Texas, United States, affiliated with CBS and Telemundo. Owned by Sinclair Broadcast Group, the station maintains studios on Metric Boulevard in North Austin and a transmitter on Waymak ...

Austin, Texas Austin is the capital city of the U.S. state of Texas, as well as the seat and largest city of Travis County, with portions extending into Hays and Williamson counties. Incorporated on December 27, 1839, it is the 11th-most-populous city ...

, the other CBS affiliate owned by Four Points, was the only station not controlled by the KUTV hub facility. On March 20, 2009, Four Points reached an agreement with

Nexstar Broadcasting Group Nexstar Media Group, Inc. is an American publicly traded media company with headquarter offices in Irving, Texas; Midtown Manhattan; and Chicago, Illinois. The company is the largest television station owner in the United States, owning 197 te ...

to take over operations of the stations through local service agreements (LSAs).Nexstar Managing Four Points Stations
''Broadcasting & Cable'', March 23, 2009 On September 8, 2011,

Sinclair Broadcast Group Sinclair Broadcast Group, Inc. (SBG) is a publicly traded American telecommunications conglomerate that is controlled by the descendants of company founder Julian Sinclair Smith. Headquartered in the Baltimore suburb of Cockeysville, Maryland, ...

announced its intent to purchase Four Points Media Group from Cerberus Capital Management for $200 million. Sinclair began managing the stations in October 2011 through time brokerage agreements and would supply working capital to the stations in consideration of service fees and performance incentives through the LMAs, prior to closing of the acquisition.Sinclair Buys Four Points Media For $200M
''TVNewsCheck'', September 8, 2011. The deal was approved by the

Federal Communications Commission The Federal Communications Commission (FCC) is an independent agency of the United States federal government that regulates communications by radio, television, wire, satellite, and cable across the United States. The FCC maintains jurisdicti ...

(FCC) on December 21, and closed on January 1, 2012.

Stations

Stations are arranged alphabetically by state and by

city of license In American, Canadian, and Mexican broadcasting, a city of license or community of license is the community that a radio station or television station is officially licensed to serve by that country's broadcast regulator. In North American br ...

References

American companies established in 2007 2007 establishments in Utah Companies disestablished in 2012 Mass media companies disestablished in 2012 Companies based in Salt Lake City 2012 mergers and acquisitions Defunct broadcasting companies of the United States Sinclair Broadcast Group {{US-media-company-stub