WTMS-CA
Encyclopedia
WTMS-CA was a Telefutura
affiliate in Minneapolis, Minnesota
. The station was owned by Silver Point Capital of Greenwich, Connecticut
and was one of two Spanish language
television station
s in Minnesota, alongside sister station Univision
affiliate WUMN-LP 13. Formerly, it was airing the Daystar Television Network
, and previously was a ShopNBC
affiliate.
On June 25, 2008, Equity disclosed that it was selling WTMS to Luken Communications, LLC.
Equity Media Holdings has been in chapter 11 bankruptcy
since December 2008 and offers by Luken Communications to acquire Equity-owned stations in six markets have since been withdrawn.
WTMS was sold at auction to Silver Point Capital on April 16, 2009. The sale closed on August 17, 2009; just a week later, on August 25, the station's license was canceled. , however, WTMS-LD, a construction permit
for a digital companion channel, remained active. This construction permit has since expired and the station is now listed as DWTMS, and is marked for deletion from the FCC database.
TeleFutura
TeleFutura is a U.S. Spanish-language broadcast television network owned by Univision with headquarters in Miami, Florida.-Overview:TeleFutura Is America’s #2 Spanish-Language Network in prime time...
affiliate in Minneapolis, Minnesota
Minneapolis, Minnesota
Minneapolis , nicknamed "City of Lakes" and the "Mill City," is the county seat of Hennepin County, the largest city in the U.S. state of Minnesota, and the 48th largest in the United States...
. The station was owned by Silver Point Capital of Greenwich, Connecticut
Greenwich, Connecticut
Greenwich is a town in Fairfield County, Connecticut, United States. As of the 2010 census, the town had a total population of 61,171. It is home to many hedge funds and other financial service companies. Greenwich is the southernmost and westernmost municipality in Connecticut and is 38+ minutes ...
and was one of two Spanish language
Spanish language
Spanish , also known as Castilian , is a Romance language in the Ibero-Romance group that evolved from several languages and dialects in central-northern Iberia around the 9th century and gradually spread with the expansion of the Kingdom of Castile into central and southern Iberia during the...
television station
Television station
A television station is a business, organisation or other such as an amateur television operator that transmits content over terrestrial television. A television transmission can be by analog television signals or, more recently, by digital television. Broadcast television systems standards are...
s in Minnesota, alongside sister station Univision
Univision
Univision is a Spanish-language television network in the United States. It has the largest audience of Spanish language television viewers according to Nielsen ratings. Randy Falco, COO, has been in charge of the company since the departure of Univision Communications president and CEO Joe Uva...
affiliate WUMN-LP 13. Formerly, it was airing the Daystar Television Network
Daystar Television Network
The Daystar Television Network is an American evangelical Christian television religious broadcasting network headquartered near Dallas/Fort Worth Metroplex in Bedford, Texas...
, and previously was a ShopNBC
ShopNBC
ShopNBC is an American broadcast and cable home shopping network, owned and operated by ValueVision Media, which is in turn 30% owned by GE Equity and NBC Universal...
affiliate.
On June 25, 2008, Equity disclosed that it was selling WTMS to Luken Communications, LLC.
Equity Media Holdings has been in chapter 11 bankruptcy
Bankruptcy
Bankruptcy is a legal status of an insolvent person or an organisation, that is, one that cannot repay the debts owed to creditors. In most jurisdictions bankruptcy is imposed by a court order, often initiated by the debtor....
since December 2008 and offers by Luken Communications to acquire Equity-owned stations in six markets have since been withdrawn.
WTMS was sold at auction to Silver Point Capital on April 16, 2009. The sale closed on August 17, 2009; just a week later, on August 25, the station's license was canceled. , however, WTMS-LD, a construction permit
Construction permit
A construction permit or building permit is a permit required in most jurisdictions for new construction, or adding on to pre-existing structures, and in some cases for major renovations. Generally, the new construction must be inspected during construction and after completion to ensure compliance...
for a digital companion channel, remained active. This construction permit has since expired and the station is now listed as DWTMS, and is marked for deletion from the FCC database.