Marshall Broadcasting Group
{{Short description|American television broadcast company}}
{{Infobox company
| name = Marshall Broadcasting Group, Inc.
| type = Private
| industry = Broadcast Television
Television Production
| founded = {{Start date and age|2014|12|1}}
| defunct = {{End date|2020|9|1}}
| hq_location_city = Houston, Texas
| hq_location_country = United States
| area_served = Iowa, Illinois, Louisiana and Texas
| key_people = Pluria Marshall, Jr.
(President/CEO)
| products = Broadcast television
| owner = Pluria Marshall, Jr.
| website = {{Official website|https://mbgroup.tv/}}
}}
Marshall Broadcasting Group, Inc. was an American television broadcasting company that owned three full power television stations in Iowa, Louisiana and Texas. The company was founded on December 1, 2014 by Pluria Marshall, Jr. All three of its television stations were affiliated with Fox and were operated through shared services agreements by Nexstar Media Group.
History
The company was owned by Pluria Marshall, Jr., who also owns Wave Community Newspapers, a group of African-American community newspapers in the Los Angeles region. Marshall had attempted to acquire stations in the 1990s and 2000s, but faced difficulties securing financing.
In 2014, Nexstar Broadcasting Group, which would later change its name to Nexstar Media Group in 2017, acquired the stock of television operators Grant Broadcasting, Communications Corporation of America, and White Knight Broadcasting. Due to FCC ownership limits, Nexstar sold former Grant station KLJB in Davenport, Iowa, and former ComCorp stations KPEJ-TV in Odessa, Texas and KMSS-TV in Shreveport, Louisiana, all three of which are Fox affiliates, to Marshall Broadcasting Group. Nexstar operated all three of the television stations through a shared services agreement, having provided non-programming resources to the stations such as master control, advertising sales and engineering support.{{cite web|url=http://www.tvnewscheck.com/article/76865/nexstar-selling-3-fox-affils-for-585-million|title=Nexstar Selling 3 Fox Affils For $58.5 Million|date=2014-06-06|website=TVNewsCheck|accessdate=2015-04-22}}{{cite web|url=http://www.broadcastingcable.com/news/local-tv/nexstar-plans-sale-three-fox-affiliates-585-million/131616|title=Nexstar Plans Sale of Three Fox Affiliates For $58.5 Million|last=Malone|first=Michael|date=2014-06-06|website=Broadcasting & Cable|accessdate=2016-07-02}}
On April 3, 2019, the company filed a lawsuit against Nexstar Media Group for breach of contract, alleging that the company used the sale of these stations to minority owners as a ploy to gain favor with the FCC for the associated transactions, but had been engaging in conduct (including withholding retransmission consent fees) intended to "undermine" the company, so that its stations could be repurchased by Nexstar for a lower cost "[with] significantly less regulatory push-back" under the current political climate.{{Cite web|url=https://www.bizjournals.com/dallas/news/2019/04/03/marshall-broadcasting-group-claims-in-lawsuit-that.html|title=Marshall Broadcasting Group claims Nexstar 'undermined' prospects in new suit|last=Butler|first=Anna|date=2019-04-03|website=Dallas Business Journal|access-date=2019-04-04}}{{Cite web|url=https://variety.com/2019/biz/news/nexstar-sued-black-owned-tv-company-1203179793/|title=Nexstar Accused of Sabotaging Black-Owned TV Station Group|last=Maddaus|first=Gene|date=2019-04-03|website=Variety|language=en|access-date=2019-04-04}}
On December 3, 2019, Marshall Broadcasting Group filed for Chapter 11 bankruptcy protection.{{Cite web|url=https://www.bizjournals.com/houston/news/2019/12/26/the-week-in-bankruptcies-7-companies-file-for.html|title=The week in bankruptcies: 7 companies file for bankruptcy protection in Houston|date=2019-12-26|website=Houston Business Journal|access-date=2019-12-29}} Mission Broadcasting, another company associated with Nexstar Media Group, agreed to purchase Marshall Broadcasting's stations for $49 million on March 30, 2020.{{cite news |last1=Aftab |first1=Hassan |title=Mission Broadcasting to buy certain assets of Marshall Broadcasting TV stations |url=https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/mission-broadcasting-to-buy-certain-assets-of-marshall-broadcasting-tv-stations-57920868 |accessdate=April 9, 2020 |work=S&P Global Market Intelligence |publisher=S&P Global |date=April 6, 2020 |language=en-us}} The transaction was completed on September 1, 2020.[http://licensing.fcc.gov/cgi-bin/ws.exe/prod/cdbs/forms/prod/prefill_and_display.pl?Application_id=1820604&Service=DT&Form_id=905&Facility_id=54011 "Consummation Notice"], CDBS Public Access, Federal Communications Commission, 7 September 2020, Retrieved 10 September 2020.
Former Marshall-owned stations
References
{{Reflist}}
External links
- {{Official website|https://mbgroup.tv/}}
Category:2014 establishments in Texas
Category:2020 disestablishments in Texas
Category:American companies established in 2014
Category:American companies disestablished in 2020
Category:Companies based in Houston
Category:Mass media companies established in 2014
Category:Mass media companies disestablished in 2020
Category:Defunct television broadcasting companies of the United States
Category:Companies that filed for Chapter 11 bankruptcy in 2019