Reality TV World Show Updates   People News   TV Ratings News   Entertainment News   RealityTVDB   POP Hollywood   Spoiler News
Features & Interviews   Sexy Social Pics of the Day   Things to Know Profiles   Message Boards   Shows Listing

HOME > OTHER ENTERTAINMENT NEWS > Industry NEWS

California appeals court rejects sale of Orange County PBS station


UPI News Service, 06/25/2005 

A California appeals court has reversed the sale of Orange County's PBS television station to a foundation to keep it out of the hands of televangelists.

ADVERTISEMENT
Presiding Judge David Sill called the deal "the rankest sort of favoritism." In his opinion, he said the Coast Community College District must sell KOCE-TV to the highest bidder or not sell it at all, the Los Angeles Times reported.

The KOCE-TV Foundation offered $32 million for the station, with $8 million payable immediately and the rest in installments over 30 years. The foundation is funded by Peter Ueberroth, the former baseball commissioner, and other area business leaders.

Daystar Television Network, a major Christian broadcaster, raised its bid to $40 million cash, the day after the bidding closed. Daystar had earlier offered $25.1 million.

The foundation has been operating the station for several months. The appellate ruling reverses a lower court's decision.



Get more Reality TV World! Follow us on Twitter, like us on Facebook or add our RSS feed.




Copyright 2005 by United Press International








Take Our User Survey





Page generated Fri Dec 09, 2016 18:20 pm in 1.1218640804291 seconds

About Reality TV World   •   Advertise on Reality TV World  •   Contact Reality TV World  •   Privacy Policy   •   RSS Feed



Page fetched in 1.1336359977722 seconds