Now LIN is exercising an option in the agreement to purchase the struggling station and "certain assets" of Dayton, Ohio station WBDT for a combined price of $11.5 million.
LIN is expected to file for reassignment of the WIWB broadcast license in the next three weeks, exercising what is known as a "failing station waiver" to circumvent FCC rules preventing a company from operating a duopoly in a given market. The same rules have prevented WGBA parent Journal Communications from purchasing My Network TV affiliate WACY in the Green Bay. To purchase the station under the failing station waiver, LIN must prove that WIWB would have otherwise become economically non-viable or would have otherwise shut down.
ACME is trying to dispose of its TV station assets, and entered into the shared services agreement with LIN back in June. Since falling under WLUK's wing, WIWB has undergone rebranding as "CW14" and new call letters are being explored.