Johnson Broadcasting
Encyclopedia
Johnson Broadcasting, Inc was a privately-owned television broadcasting firm based in Houston, Texas
. The company was founded, owned and operated by Douglas R. Johnson (this is not the same Doug Johnson formerly with NBC
affiliate KPRC Channel 2
in Houston, Texas
).
Bankruptcy
amid plummeting ad sales and the fact that Johnson Broadcasting owes unsecured creditors more than $3 million. Johnson Broadcasting continues to run as a debtor in possession
and two TV stations remain on the air.
In October 2009, it was announced that Johnson Broadcasting may be forced to sell KLDT and KNWS to Una Vez Más Holdings, LLC
. The sale of these stations to Una Vez Más was approved by the bankruptcy court on December 29, 2009 and has finally received FCC approval September 27, 2010 after the FCC rejected a petition to deny the sale made by Spanish Broadcasting System
.
Houston, Texas
Houston is the fourth-largest city in the United States, and the largest city in the state of Texas. According to the 2010 U.S. Census, the city had a population of 2.1 million people within an area of . Houston is the seat of Harris County and the economic center of , which is the ...
. The company was founded, owned and operated by Douglas R. Johnson (this is not the same Doug Johnson formerly with 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 KPRC Channel 2
KPRC-TV
KPRC-TV is the NBC affiliated television station based in Houston, Texas, and serving the Greater Houston television market. It has studios located in the Sharpstown district on the Southwest portion of the city, and has a transmitter site in unincorporated Fort Bend County near Missouri City...
in Houston, Texas
Houston, Texas
Houston is the fourth-largest city in the United States, and the largest city in the state of Texas. According to the 2010 U.S. Census, the city had a population of 2.1 million people within an area of . Houston is the seat of Harris County and the economic center of , which is the ...
).
Company Troubles
On October 16, 2008; Douglas Johnson and this company filed for voluntary Chapter 11Chapter 11, Title 11, United States Code
Chapter 11 is a chapter of the United States Bankruptcy Code, which permits reorganization under the bankruptcy laws of the United States. Chapter 11 bankruptcy is available to every business, whether organized as a corporation or sole proprietorship, and to individuals, although it is most...
Bankruptcy
Bankruptcy
Bankruptcy is a legal status of an insolvent person or an organisation, that is, one that cannot repay the debts owed to creditors. In most jurisdictions bankruptcy is imposed by a court order, often initiated by the debtor....
amid plummeting ad sales and the fact that Johnson Broadcasting owes unsecured creditors more than $3 million. Johnson Broadcasting continues to run as a debtor in possession
Debtor in possession
A debtor in possession in United States bankruptcy law is a person or corporation who has filed a bankruptcy petition, but remains in possession of property upon which a creditor has a lien or similar security interest...
and two TV stations remain on the air.
In October 2009, it was announced that Johnson Broadcasting may be forced to sell KLDT and KNWS to Una Vez Más Holdings, LLC
Una Vez Mas Holdings, LLC
Una Vez Mas Holdings, LLC is the owner of a group of low-power television stations, mostly in the Southwest, and is the largest Azteca América affiliate group in the United States...
. The sale of these stations to Una Vez Más was approved by the bankruptcy court on December 29, 2009 and has finally received FCC approval September 27, 2010 after the FCC rejected a petition to deny the sale made by Spanish Broadcasting System
Spanish Broadcasting System
Spanish Broadcasting System, Inc. is one of the largest owners and operators of radio stations in the United States. SBS is also invested in television and internet properties, deriving the majority of its income from advertising through its media products.SBS owns the internet portal LaMusica.com...
.
Former Stations
Current DMA Media market A media market, broadcast market, media region, designated market area , Television Market Area , or simply market is a region where the population can receive the same television and radio station offerings, and may also include other types of media including newspapers and Internet content... # |
Market (City Of License) | Prior callsign & Virtual Ch. (DT Ch.) | Prior Affiliation |
5. | Dallas/Fort Worth Dallas/Fort Worth Metroplex The Dallas–Fort Worth–Arlington Metropolitan Statistical Area, a title designated by the U.S. Census as of 2003, encompasses 12 counties within the U.S. state of Texas. The area is divided into two metropolitan divisions: Dallas–Plano–Irving and Fort Worth–Arlington. Residents of the area... (Lake Dallas, Texas Lake Dallas, Texas Lake Dallas is a city in Denton County, Texas, United States. The population was 6,166 at the 2000 census.-Geography:Lake Dallas is located at .... ) |
KLDT 55.1 (39) | Infomercial Infomercial Infomercials are direct response television commercials which generally include a phone number or website. There are long-form infomercials, which are typically between 15 and 30 minutes in length, and short-form infomercials, which are typically 30 seconds to 120 seconds in length. Infomercials... s |
10. | Greater Houston Greater Houston Houston–Sugar Land–Baytown is a 10-county metropolitan area defined by the Office of Management and Budget. It is located along the Gulf Coast region in the U.S. state of Texas... (Katy, Texas Katy, Texas Katy is a city located in Harris, Fort Bend and Waller Counties in the U.S. state of Texas, within the Houston–Sugar Land–Baytown metropolitan area... ) |
KNWS 51.1 (47) | Independent Independent station An independent station is in the category of television terminology used to describe a television station broadcasting in the United States or Canada that is not affiliated with any television network.... |