Lotus Communications
American radio and television broadcast company From Wikipedia, the free encyclopedia
Lotus Communications Corporation is a media company that owns numerous radio stations and a few TV stations, and is one of the largest privately owned radio station groups in the United States. Headquarters are located in Los Angeles, and the company's President and CEO is Howard Kalmenson.
| Company type | Private |
|---|---|
| Industry | Broadcasting |
| Founded | 1962 |
| Headquarters | |
Key people | Howard Kalmenson (CEO) |
| Website | www |
Radio
Summarize
Perspective
As of November 2017[update], Lotus has a total of 34 stations in Arizona, California, and Nevada.
In August 2018, Lotus announced that it would acquire Scripps' Tucson and Boise clusters for $8 million. To comply with ownership limits due to its existing stations in Tucson, Lotus divested KQTH and KTGV.[1]
In June 2021, Sinclair Broadcast Group agreed to sell KOMO (AM), KOMO-FM, KVI and KPLZ to Lotus Communications for $18 million. Sinclair retained KOMO-TV, plus rights to the KOMO call letters.[2]
Arizona
Tucson
California
Los Angeles
Bakersfield
Fresno
Sacramento
San Diego
Idaho
Boise
Nevada
Las Vegas
Reno
Washington
Seattle
Television
All of Lotus' television stations are affiliated with Multimedios Television, Telemax & Mira TV.
On June 4, 2021, it was announced that Lotus Communications would sell KHLM-LD to the Christian Television Network for $1.1 million.[4] The sale was completed on August 18.[5]
On March 11, 2022, Gray Television (owner of CBS affiliate KPHO-TV and independent station KTVK) filed an application to acquire KPHE-LD for $1.75 million.[6] The sale was completed on May 4.[7] Lotus had previously reached a deal to sell to Sovryn Holdings for $2 million, which was not consummated, as part of its exit from the few low-power TV stations it still owned.[8]
References
External links
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