Bankrupt broadcaster sells Mississippi TV station

JACKSON, Miss. (AP) - Roberts Broadcasting has sold Jackson television WRBJ-TV to religious broadcaster Trinity Broadcasting Network.

Media Venture Partners, which the bankrupt Roberts hired to sell its stations in Jackson, Columbia, S.C., and Evansville, Ind., says the station will begin showing Trinity's Christian programming. The station, which airs on channel 34, currently shows programming from the CW network. The move could leave the Jackson television market without a CW affiliate.

No price was disclosed.

Brothers Steve and Mike Roberts also own hotels, including the shuttered Roberts Walthall Hotel in downtown Jackson.

The Roberts' four television stations each filed for Chapter 11 bankruptcy reorganization in October 2011, with WRBJ listing $1.23 million in debts and $174,000 in assets. Court papers show the station has lost from $10,000 to $30,000 each month in recent months.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Read more http://www.myfoxmemphis.com/story/19890091/bankrupt-broadcaster-sells-mississippi-tv-station

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