New Vision Television


New Vision Television was a broadcast company based in Santa Monica, California. Throughout its two decade plus history, the company owned or managed over 60 television stations in large and medium-sized markets.

History

New Vision I

Formed by Jason Elkin in 1993 in Atlanta, GA, New Vision Television began its ownership in local television by acquiring the assets of News-Press & Gazette Company in December 1993 for $110 million. The deal included television stations in Jackson, MS ; Wilmington, NC, Savannah, GA, Sioux Falls, SD, and Tucson, Arizona. New Vision I sold its assets to Bert Ellis and Ellis Communications in 1995 for $230 million.

New Vision II

New Vision Television CEO Jason Elkin and COO John Heinen started a new company, New Vision Television II, that capitalized with $200 million and owned a maximum of four network affiliates. New Vision II owned KSBY in Santa Barbara, California; KVII-TV in Amarillo, Texas; WISE-TV in Fort Wayne, Indiana; and KDLH in Duluth, Minnesota. In 2005, New Vision II sold all of its stations at the time to Cordillera Communications, Barrington Broadcasting, and Granite Broadcasting.

New Vision III

New Vision III was a restart of the company with new stations. On August 1, 2006, New Vision announced an agreement to acquire CBS affiliates WIAT in Birmingham, Alabama and KIMT in Mason City, Iowa from Media General for $35 million. The acquisition was finalized on October 12 of that year. On November 15, New Vision announced an agreement to acquire CBS affiliate WKBN-TV and sister Fox affiliate WYFX-LP in Youngstown, Ohio for undisclosed terms, and signed a shared services agreement to operate Youngstown ABC affiliate WYTV for owner Parkin Broadcasting. New Vision subsequently launched the My Valley branding for several services offered by WKBN, WYFX, and WYTV. In September 2007, New Vision acquired Savannah, Georgia ABC affiliate WJCL-TV from Piedmont Television; in November, it acquired all of the assets of Montecito Broadcasting: KOIN-TV in Portland, Oregon; KHON-TV in Honolulu, Hawaii and satellites; KSNW-TV in Wichita, Kansas and satellites; and KSNT-TV in Topeka, Kansas. In 2008, New Vision bought KTMJ-CA and repeaters in Topeka and announced plans to convert KBNZ-LD in Bend, Oregon from a translator of KOIN to its own station.
In 2009, New Vision Television received a $28 million line of credit during its bankruptcy proceedings. New Vision, doing business as NV Broadcasting, filed for Chapter 11 after reaching an agreement with first- and second-lien debt holders that converts $400 million in debt to equity in the reorganized company.
On May 7, 2012, LIN Media acquired the 13 television stations owned by New Vision Television. The sale provided a significant gain in equity for New Vision’s investors. The sales agreement included operational control of the three PBC Broadcasting-owned stations involved in shared service agreements with New Vision-owned stations in Topeka, Savannah and Youngstown. The FCC approved the deal on October 2, 2012. LIN was itself absorbed by Media General in late 2014; Media General would then be absorbed to Nexstar Media Group in 2017.

New Vision IV

In late 2014 New Vision founder Jason Elkin formed New Vision IV. Based in Santa Monica, California New Vision IV is currently looking for middle and major network affiliate acquisitions. New Vision IV is a part of the New Vision Group

Former New Vision-owned stations

Stations are arranged in alphabetical order by state and city of license.
City of license / MarketStationChannel
TV 		Years ownedCurrent ownership status
Birmingham, AlabamaWIAT42 2006–2012CBS affiliate owned by Nexstar Media Group
Tucson, ArizonaKOLD-TV13 1993–1995CBS affiliate owned by Gray Television
San Luis Obispo, CaliforniaKSBY6 2002–2004NBC affiliate owned by the E. W. Scripps Company
Savannah, GeorgiaWSAV-TV3 1993–1995NBC affiliate owned by Nexstar Media Group
Savannah, GeorgiaWJCL22 2007–2012ABC affiliate owned by Hearst Television
Savannah, GeorgiaWTGS28 2007–2012 1Fox affiliate owned by Sinclair Broadcast Group
Honolulu, HawaiiKHON-TV2 2007–2012Fox affiliate owned by Nexstar Media Group
Hilo, HawaiiKHAW
'		11 2007–2012Fox affiliate owned by Nexstar Media Group
MauiKAII
'		7 2007–2012Fox affiliate owned by Nexstar Media Group
KauaiK55DZ
'		552007–2012defunct, license cancelled in 2013
Fort Wayne, IndianaWISE-TV33 2003–2005The CW affiliate owned by Quincy Media
Mason City, IowaKIMT3 2006–2012CBS affiliate owned by Heartland Media
Topeka, KansasKSNT27 2007–2012NBC affiliate owned by Nexstar Media Group
Topeka, KansasKTMJ-CD43 2008–2012Fox affiliate owned by Nexstar Media Group
Topeka, KansasKTKA-TV49 2011–2012 1ABC affiliate owned by Vaughan Media
Wichita - Hutchinson, KansasKSNW3 2007–2012NBC affiliate owned by Nexstar Media Group
Garden City, KansasKSNG
'		11 2007–2012NBC affiliate owned by Nexstar Media Group
Great Bend, KansasKSNC
'		2 2007–2012NBC affiliate owned by Nexstar Media Group
Salina, KansasKSNL-LD
'		47 2007–2012NBC affiliate owned by Nexstar Media Group
McCook, NebraskaKSNK
'		8 2007–2012NBC affiliate owned by Nexstar Media Group
Duluth, MinnesotaKDLH3 2003–2005The CW affiliate owned by Quincy Media
Jackson, MississippiWJTV12 1993–1995CBS affiliate owned by Nexstar Media Group
Hattiesburg, MississippiWHLT
'		22 1993–1995CBS affiliate owned by Nexstar Media Group
Wilmington, North CarolinaWECT6 1993–1995NBC affiliate owned by Gray Television
Youngstown, OhioWYFX-LD19 2007–2012Fox affiliate owned by Nexstar Media Group
Youngstown, OhioWKBN-TV27 2007–2012CBS affiliate owned by Nexstar Media Group
Youngstown, OhioWYTV33 2007–2012 1ABC affiliate owned by Vaughan Media
Portland, OregonKOIN6 2007–2012CBS affiliate owned by Nexstar Media Group
Bend, OregonKBNZ-LD
'		7 2007–2010CBS affiliate owned by Zolo Media
Sioux Falls, South DakotaKSFY-TV13 1993–1995ABC affiliate owned by Gray Television
Aberdeen, South DakotaKABY-TV
'		9 1993–1995defunct, license cancelled in 2018
Pierre, South DakotaKPRY-TV
'		4 1993–1995ABC affiliate owned by Gray Television
Amarillo, TexasKVII-TV7 2002–2005ABC affiliate owned by Sinclair Broadcast Group
Clovis, New MexicoKVIH-TV
'		12 2002–2005ABC affiliate owned by Sinclair Broadcast Group

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