Meredith Corp. is purchasing Cook Inlet's WSMV-TV Nashville for $159 million. (Brief Article)

Broadcasting & Cable, August, 1994

Meredith Corp. is purchasing Cook Inlet's WSMV-TV Nashville for $159 million. Sale price is a combination of cash and debt. The station will remain an NBC affiliate, according to Craig Maltby, Meredith's manager of public relations. Cook Inlet was rumored to have been close to a deal with New World and Bert Ellis on two separate occasions.

Meredith also owns TV stations in Orlando, Las Vegas, Kansas City, Phoenix and Flint, Mich.

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