New Vision Television

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New Vision Television was a subsidiary of Arlington Capital Partners. At their height, they owned four television stations: KSBY in Santa Barbara, California; KVII-TV in Amarillo, Texas; WISE-TV in Fort Wayne, Indiana; and KDLH in Duluth, Minnesota.

In 2005, they sold all of their stations at the time to Evening Post Publishing Company, Barrington Broadcasting, and Granite Broadcasting Group.

[edit] New acquisitions

Since the company divested of its previous television stations, New Vision has been slowly acquiring new stations in other markets.

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. [1] [2] 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 from owner Parkin Broadcasting. The executives of New Vision include Jason Elkin, Chairman, CEO; John A. Heinen, President, COO; and Eric Simontis, CFO.

In 2007, New Vision acquired Savannah, Georgia ABC affiliate WJCL from Piedmont Television. Also that year, New Vision announced the acquisition of all of the stations then-owned by the Montecito Broadcast Group (FOX/CW affiliate KHON-TV in Honolulu, Hawaii and its satellites, CBS affiliate KOIN in Portland, Oregon, NBC affiliate KSNW in Wichita, Kansas and its satellites, and NBC affiliate KSNT in Topeka, Kansas), with the acquisition closing on November 1. [3]