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Denali Media Holdings Closes Purchase of Three CBS Affiliates in Southeast Alaska

2014-07-28 20:00 ET - News Release

ANCHORAGE, Alaska, July 28, 2014 /PRNewswire/ -- General Communication Inc. ("GCI")(NASDAQ:GNCMA) announced today the closing of the transaction between GCI's wholly-owned subsidiary, Denali Media Holdings, and Ketchikan TV, of Evergreen, Colo.

The transaction grants GCI ownership of three CBS broadcast stations in Southeast Alaska: KXLJ in Juneau, KTNL in Sitka and KUBD in Ketchikan.

The Federal Communications Commission granted authority to Denali Media Holdings in May to purchase the three CBS broadcast stations in Southeast.

Denali Media Holdings now owns CBS and NBC affiliates in Southeast Alaska and the CBS affiliate KTVA-TV in Anchorage.

GCI is the largest Alaska-based and operated integrated telecommunications provider offering voice, data and video services statewide. Learn more about GCI at www.gci.com/about

SOURCE General Communication Inc. (“GCI”)

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