Four Points Media Group

The company took over the day-to-day operations of the stations via local marketing agreements on June 25.

[1] KUTV, the CBS affiliate in Salt Lake City, served as the master-control hub facility for Four Points' stations.

KEYE-TV in Austin, Texas, the other CBS affiliate owned by Four Points, was the only station not controlled by the KUTV hub facility.

Sinclair began managing the stations in October 2011 through time brokerage agreements and would supply working capital to the stations in consideration of service fees and performance incentives through the LMAs, prior to closing of the acquisition.

[3] The deal was approved by the Federal Communications Commission (FCC) on December 21, and closed on January 1, 2012.