[3] SJL announced the sale of WJRT-TV and WTVG to Capital Cities/ABC for $155 million in October 1994[α][5] after CBS signed a long-term deal with Meredith Corporation, owner of Flint's NBC affiliate, WNEM-TV.
[12] On July 24, 2007, Montecito announced the sale of all of its remaining stations except WICU (KHON-TV, KOIN, KSNW and KSNT) to New Vision Television, ending the partnership between SJL and The Blackstone Group.
[13] The Federal Communications Commission (FCC) granted approval of this sale in late-October of that year, and ownership was officially transferred on November 1.
Though SJL still technically exists (and still ostensibly owns WICU), its visible operations have now been subsumed by Lilly Broadcasting.
[21] Lilly had previously owned and operated radio stations in Elmira before selling those off a few years after acquiring that cluster.