Banks Broadcasting
Encyclopedia
Television
Television is a telecommunication medium for transmitting and receiving moving images that can be monochrome or colored, with accompanying sound...
stations in the western United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
. 50% of the company was owned by LIN TV
LIN TV
LIN TV Corporation is an American holding company that operates 31 television stations.-History:LIN TV's roots trace back to the founding of its former parent, LIN Broadcasting Corporation, in 1961. LIN Broadcasting was engaged in radio, television, direct marketing, information and learning, music...
, a large group broadcaster with clusters in the Northeast and Midwest and scattered stations elsewhere.
The President and CEO of Banks Broadcasting was Lyle Banks, who has formerly served as General Manager
General manager
General manager is a descriptive term for certain executives in a business operation. It is also a formal title held by some business executives, most commonly in the hospitality industry.-Generic usage:...
of WMAQ-TV
WMAQ-TV
WMAQ-TV, channel 5, is an owned-and-operated television station of the NBC Television Network, located in Chicago, Illinois. WMAQ-TV's main studios and offices are located within the NBC Tower in the Streeterville neighborhood, with an auxiliary street-level studio on the Magnificent Mile at 401...
, the NBC
NBC
The National Broadcasting Company is an American commercial broadcasting television network and former radio network headquartered in the GE Building in New York City's Rockefeller Center with additional major offices near Los Angeles and in Chicago...
affiliate
Affiliate
An affiliate is a commercial entity with a relationship with a peer or a larger entity.- Corporate structure :A corporation may be referred to as an affiliate of another when it is related to it but not strictly controlled by it, as with a subsidiary relationship, or when it is desired to avoid...
in Chicago
Chicago
Chicago is the largest city in the US state of Illinois. With nearly 2.7 million residents, it is the most populous city in the Midwestern United States and the third most populous in the US, after New York City and Los Angeles...
. Banks Broadcasting was based in Winnetka, Illinois
Winnetka, Illinois
Winnetka is an affluent North Shore village located approximately north of downtown Chicago in Cook County, Illinois. Winnetka was featured on the list of America's 25 top-earning towns and "one of the best places to live" by CNN Money in 2011...
.
Banks Broadcasting was the owner of former WB Network and current The CW Television Network
The CW Television Network
The CW Television Network is a television network in the United States launched at the beginning of the 2006–2007 television season. It is a joint venture between CBS Corporation, the former owners of United Paramount Network , and Time Warner's Warner Bros., former majority owner of The WB...
affiliate KSCW-TV in Wichita, Kansas
Wichita, Kansas
Wichita is the largest city in the U.S. state of Kansas.As of the 2010 census, the city population was 382,368. Located in south-central Kansas on the Arkansas River, Wichita is the county seat of Sedgwick County and the principal city of the Wichita metropolitan area...
from its launch in 1999 (as KWCV) until July 20, 2007 when it was officially sold to Schurz Communications
Schurz Communications
Schurz Communications is a South Bend, Indiana-based radio, television, cable tv and newspaper media group.-Cable Television Systems:*Antietam Cable, Hagerstown, Maryland *Advanced Cable Communications, Coral Springs, Florida...
, the owner of that market's CBS
CBS
CBS Broadcasting Inc. is a major US commercial broadcasting television network, which started as a radio network. The name is derived from the initials of the network's former name, Columbia Broadcasting System. The network is sometimes referred to as the "Eye Network" in reference to the shape of...
affiliate KWCH-TV
KWCH-TV
KWCH-DT is the CBS-affiliated television station for Wichita, Kansas that is licensed to Hutchinson. It broadcasts a high definition digital signal on UHF channel 19 from a transmitter in Colwich. The station can be seen on Cox cable channel 12 and in high definition on digital channel 2012...
.
On July 1, 2008 Banks Broadcasting agreed to sell Boise's current CW and former UPN
UPN
United Paramount Network was a television network that was broadcast in over 200 markets in the United States from 1995 to 2006. UPN was originally owned by Viacom/Paramount and Chris-Craft Industries, the former of which, through the Paramount Television Group, produced most of the network's...
station KNIN-TV
KNIN-TV
KNIN-TV is the Fox-affiliated television station for Idaho's Treasure Valley licensed to Caldwell. It broadcasts a high definition digital signal on VHF channel 10 from a transmitter at the Bogus Basin ski area summit in unincorporated Boise County. The station can also be seen on Cable One...
to Journal Broadcast Group, owner of KIVI
KIVI
KIVI-TV is the ABC-affiliated television station for Idaho's Treasure Valley licensed to Nampa. It broadcasts a high definition digital signal on UHF channel 24 from a transmitter at the Bogus Basin ski area summit in unincorporated Boise County. The station can also be seen on Cable One channel 6...
, which would have created Boise's first television duopoly group. The FCC initially denied Journal the "failing station waiver" which was required for this purchase. However, on January 19, 2009, the FCC reversed its earlier decision to reject the sale, which was finalized on April 24, 2009. KNIN will be switching its network affiliation to Fox
Fox Broadcasting Company
Fox Broadcasting Company, commonly referred to as Fox Network or simply Fox , is an American commercial broadcasting television network owned by Fox Entertainment Group, part of Rupert Murdoch's News Corporation. Launched on October 9, 1986, Fox was the highest-rated broadcast network in the...
on September 1, 2011.