NBC Teams With MMTC To Identify Buyer for KWHY

NBC is looking to sell Spanish-language independent KWHY Los Angeles to a minority or female buyer, according to a copy of a filing at the Federal Communications Commission.

Comcast, NBC Universal parent General Electric and NBCU collectively told the Federal Communications Commission Monday they want permission to assign the station's license to a divestiture trust, a move they had already signaled. They have now identified the trust, Bahia Honda LLC, with its sole member Jose Cancela. The companies also told the FCC they have struck a deal with the Minority Media & Telecommunications Council to "use its expertise to identify prospective qualified buyers, particularly minorities and women." The companies promised to either sell the station or put it in a divestiture trust before they closed on their proposed $30 billion joint venture. They would otherwise have had to ask for an extension of NBCU's waiver of station ownership rules since NBCU already owns two other stations in the market.