Denali Media Holdings Purchases CBS Affiliates in Southeast Alaska

ANCHORAGE, Alaska, Dec. 12, 2013 /PRNewswire/ —┬áDenali Media Holdings, a subsidiary of General Communication, Inc. (“GCI”) (NASDAQ:GNCMA) announced today that it has agreed to the purchase of three CBS broadcast stations in Southeast Alaska: KXLJ in Juneau, KTNL in Sitka and KUBD in Ketchikan.

Denali Media Holdings will purchase the three CBS affiliates from Ketchikan TV of Evergreen, Colorado.

The purchase agreements are subject to customary closing conditions, including approvals from the Federal Communications Commission, with final approval anticipated in the second quarter of 2014.

Ketchikan TV is also the owner and operator of Anchorage’s KDMD-TV and Telemundo Alaska, Alaska’…